National Oilwell Varco completes acquisition of Fjords Processing

National Oilwell Varco Inc of the US has completed the acquisition of Fjords Processing, a Norwegian leader in the provision of processing technology, systems and services to the upstream oil and gas industry.
“Fjords Processing has a long and rich history of developing and providing innovative technologies related to separation, water treatment, and oil and gas processing solutions,” commented Clay Williams, Chairman, President and CEO. “We are very pleased to welcome the talented employees of Fjords into our organization and to begin offering the fully integrated capabilities of Fjords and NOV to our customers.”
Combining Fjords’ project design, management and aftermarket support with NOV’s technologies and global infrastructure enhances the combined organization’s ability to deliver industry leading solutions that cost effectively address customers’ processing needs. NOV now offers a vertically integrated global organization that provides engineering design, manufacturing and global aftermarket support for processing modules and packages used in onshore and offshore applications.
Fjords Processing is based in Oslo, Norway and has approximately 500 employees in 12 countries.
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 and in the provision of oilfield services to the upstream oil and gas industry.