“The combination of NOV’s experience and expertise and AFGlobal’s extensive portfolio of capabilities will bring about the next industry breakthrough in MPD,” said Mark Lapeyrouse, President of WellSite Services at NOV. “We’re eager to blend our rig automation expertise with AFGlobal’s premium design, engineering and manufacturing to create the industry’s most advanced and enabling MPD system.”
“We are very excited to be joining the NOV team,” said Mark Mitchell, former President of Oil and Gas for AFGlobal and NOV’s Senior Vice President of MPD. “We have a successful history of collaborating and working together with NOV to provide clients with rig-specific MPD solutions. The combination of AFGlobal’s advanced suite of MPD equipment and controls along with NOV’s innovative MPD products and services creates a new best-in-class MPD provider with the industry’s most comprehensive offering; positioning NOV at the center of the MPD revolution.”
Read the latest issue of Oilfield Technology in full for free: Issue 4 2021
The issue starts with a report from Rystad Energy focusing on the outlook for the upstream industry in the Middle East. The rest of the issue is dedicated to features covering production optimisation, drill bits, pipeline integrity, health and safety, and more.
Exclusive contributions come from Varel Energy Solutions, Rystad Energy, Gyrodata, 3X Engineering, Tracerco, Ulterra Drilling Technologies and more.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/25022022/nov-acquires-afglobals-advanced-drilling-systems-business/
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