National Oilwell Varco Announces Norwegian Antitrust Decision


National Oilwell Varco, Inc. announced that the Norwegian Ministry of Modernization, parent agency of The Norwegian Competition Authority...

...approved the merger of National-Oilwell, Inc. and Varco International, Inc. with respect to the Company's Norwegian businesses.

The Ministry unconditionally approved the merger without divestiture.

National Oilwell Varco is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production operations, the provision of oilfield services, and supply chain integration services to the upstream oil and gas industry.

Source: NOV, Inc.

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