National Oilwell Varco, Inc. has entered into an agreement with Schlumberger Limited to purchase its Wilson distribution business segment. Terms of the all-cash transaction, which remains subject to customary closing conditions, including regulatory approval, were not disclosed.
Pete Miller, Chairman, President and CEO of National Oilwell Varco, remarked, “We are excited about the new market opportunities Wilson will open for our Company, and we look forward to welcoming the Wilson employees into National Oilwell Varco soon.”
Tags:
National Oilwell Varco
Add a Comment to this Article
Please be civil. Job and promotion will not be added into the comment page.