| Issue 38, November 2011 |
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| MERGERS AND ACQUISITIONS: ASEP BECOMES PART OF NOV |
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On 8
th April 2009 National Oilwell Varco (NOV) announced the acquisition of the entire
share capital of ASEP BV.
With headquarters in the Netherlands, ASEP is the recognised industry leader
in the manufacture of well servicing equipment, in particular wireline winch units
and trucks, and has established facilities in Europe, M. East, F. East, and N.
America.
According to Joe McAnally, President of NOV Well Intervention and Stimulation
Equipment Group, “The acquisition of ASEP realizes the Corporate mission of NOV
to be the world leader in the supply of a complete range of wireline product solutions
to the Oil and Gas Industry.” full text of the article | all articles of this issue
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