Demand For Offshore Oil Parts On The Rise…
With more drill rigs spinning on the open ocean demand for “no-fail” parts is on the rise. “Cameron International Corp. (CAM) and National Oilwell Varco Inc. (NOV), the two top makers of blow-out preventers, are racing to meet the biggest wave of investment in the 90-year history of the 400-ton fail-safe device that attaches to the well head on the ocean floor” Bloomberg reports.
Demand For Offshore Oil Parts On The Rise… was originally featured in The Daily Resource Hunter. Check out the newest Daily Resource Hunter research video “The Price of Gas Explained”.
Article Title originally appeared in the Daily Resource Hunter (www.dailyresourcehunter.com) At the Daily Resource Hunter our approach to research is different. With our boots on the ground, we travel the world looking for the most lucrative resource opportunities and deliver them to you in a daily email newsletter. For more information visit us at www.dailyresourcehunter.com)
2012-08-10 20:33:07
Source: http://dailyresourcehunter.com/demand-for-offshore-oil-parts-on-the-rise/
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