NOV to double Brazil subsea pipe facility with $200 million investment
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NOV Announces Expansion of Subsea Flexible Pipe Manufacturing Capacity to Support Growing Demand
March 25, 2026 6:30 AM EDTNOV to roughly double the capacity of its manufacturing facility in Brazil over the next three years to support anticipated demand$200 million capital expansion positions NOV to capture expected growth in offshore development activity and advance solutions for high-CO applicationsSustained high utilization and strong backlog across existing facilities support the need for additional capacity
HOUSTON, March 25, 2026 (GLOBE NEWSWIRE) -- NOV Inc. (NYSE:... More
