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Tenaris to supply Petrobras with products for offshore Brazil deepwater project

Petrobras has awarded Tenaris a four-year contract for the supply of a comprehensive package of products and services for its flagship Buzios deepwater project. ....

Estado Do Rio , Tenarishydril Bluedock , Renato Catallini , Pre Salt Santos Basin , Tenarishydril Blue , Heavy Wall , Automatic Anti Rotational Keys , Tenaris President , Rig Direct ,

Tenaris to supply Petrobras with products for offshore Brazil deepwater project

Petrobras has awarded Tenaris a four-year contract for the supply of a comprehensive package of products and services for its flagship Buzios deepwater project. ....

Estado Do Rio , Tenarishydril Bluedock , Renato Catallini , Pre Salt Santos Basin , Tenarishydril Blue , Heavy Wall , Automatic Anti Rotational Keys , Tenaris President , Rig Direct ,

NOV Reports Second Quarter 2021 Results

Provided by
Business Wire
NOV Reports Second Quarter 2021 Results
NOV Inc. (NYSE: NOV) today reported second quarter 2021 revenues of $1.42 billion, an increase of 13 percent compared to the first quarter of 2021 and a decrease of five percent compared to the second quarter of 2020. Net loss for the second quarter of 2021 was $26 million, or 1.8 percent of sales, which included pre-tax net charges (“Other Items”, see Other Corporate Items for additional detail) of $15 million. Adjusted EBITDA (operating profit excluding depreciation, amortization, and Other Items) increased sequentially to $104 million, or 7.3 percent of sales.
“Rising demand in oilfield and offshore wind markets led to stronger orders for NOV during the second quarter,” stated Clay Williams, Chairman, President and CEO. “Both Rig Technologies and Completion & Production Solutions segments posted book-to-bill ratios north of 100%. Wellbore Technologies continued to exec ....

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