The Norwegian Ministry of Government Administration and Reform clears without remedies a merger previously conditionaly authorised by the NCA in the oil well drilling equipment and services sector (National Oilwell / Varco)
The operation
National Oilwell, Inc. and Varco International, Inc., both US corporations) merged on 11 March 2005. The Norwegian Competition Authority (NCA) was notified of the proposed merger on 14 December 2004.
National Oilwell is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production, as well as in providing supply chain
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