Technology | 2009.09.29
National Oilwell Varco and Schlumberger Form IntelliServ Joint Venture
HOUSTON--(BUSINESS WIRE)--National Oilwell Varco (NYSE:NOV) and Schlumberger Limited (NYSE:SLB) announced today the creation of a joint venture to provide high-speed drill string telemetry systems to improve the efficiency and safety of oil and gas operations. The IntelliServ joint venture is expected to accelerate development and delivery of intelligent drilling solutions through the expanded use of the IntelliServ® Broadband Network, a patented technology that provides high resolution dat
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