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Largest land rig contract ever awarded
July 28, 2018
Source: Energy Voice

Largest land rig contract ever awarded

Houston based National Oilwell Varco has reduced the effect its first quarter losses by procuring $1.80 billion order in a joint venture with Saudi Aramco. CEO, NOV appreciated his team for delivering double digit sales growth throughout the second quarter. NOV suffered a deficit of £170m last year, but reported first half pre-tax losses of only £25.2 million this year.

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