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Dragon PES announced the acquisition of a 117,880 sq ft, 19-acre former National Oilwell Varco facility north of San Angelo, Texas, to build API production tanks and pumps for the Permian Basin, with full tank production expected by December 1.
FES International, a fluid transfer equipment producer, was awarded a contract by National Oilwell Varco to design, manufacture and supply driverless bend stiffener connectors for Maersk Oil UK's Culzean gas field in the North Sea. No contract value was disclosed.