Offshore staff
CARROLLTON, Texas – Sandvik AB has completed its acquisition of Varel International Energy Services Inc. (VIES) in its entirety, including all three of its operating units – Downhole Products, Varel Oil & Gas Drill Bits, and Varel Mining & Industrial.
VIES will become a platform for Sandvik to expand into the upstream oil and gas industry, and will as such be managed and supported as a stand-alone product area within Sandvik Venture.
05/22/2014
