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NOV Forecasting Oilfield Business Rebound as E&P Customers Get Back to Work, Restock Equipment

NOV Forecasting Oilfield Business Rebound as E&P Customers Get Back to Work, Restock Equipment

Houston-based NOV Inc. faced challenging conditions for its rig equipment and technology in the first quarter, but as activity in North America and overseas improves, business should improve going forward, CEO Clay Williams said Wednesday. Williams, who held court to discuss the first quarter during an hour-long conference call, said the latest results reflected the…

April 28, 2021