NOV sells two 20K BOP stacks to Transocean

Rendering of NOV's 20K BOP stack.
Rendering of NOV's 20K BOP stack.
NOV

Offshore staff

HOUSTON – National Oilwell Varco Inc. has sold two 20,000-psi (20K) BOP stacks to Transocean.

This, the company said, makes it the first oilfield equipment manufacturer to successfully design, engineer, and sell such a package.

According to NOV, the 20K BOP stack is designed to optimize uptime and reduce unplanned stack pulls. It is also designed for use with extremely high-pressure reservoirs and can be used in ultra-deepwater.

Joe Rovig, President, NOV Rig Technologies, said: “This is a historic moment for the offshore oil and gas industry. The introduction of NOV’s 20K BOP marks a new era in the exploration and development of high-pressure formations...”

The sale of this equipment and technology package is the culmination of five years of work by NOV Rig Technologies.

The initial deployment is expected in 2021 on a 20K well in the Gulf of Mexico.

06/07/2019

Rendering of NOV's 20K BOP stack.Rendering of NOV's 20K BOP stack.NOV

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