NOV Plans $200M Investment to Double Brazil Flexible Pipe Capacity
ByAinvest
Wednesday, Mar 25, 2026 12:48 pm ET1min read
NOV--
NOV Inc. plans to invest $200M over the next three years to double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil. The move aims to support expected additional long-term demand. NOV is a leading provider of oil and gas equipment and services, with experience in subsea flexible pipe manufacturing. The investment will enable NOV to meet growing demand for its products in the region.
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