MARKETS

NOV buys GustoMSC in move celebrated by Rystad

US-BASED drilling services company National Oilwell Varco has agreed to buy Dutch offshore rig design and engineering company GustoMSC in a deal that Rystad Energy said would be a good match and help to consolidate NOV’s market-leading position.

NOV buys GustoMSC in move celebrated by Rystad

  NOV said the deal would allow it to expand and increase vertical integration of its offshore rig business in an environment of higher oil prices and revived deepwater sector confidence.   The Houston-based...

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry