WFT to close down MPD and sell remaining assets to NOV. Shame, one of the best product lines.
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I thought MPD was the hot thing! Why sell a revenue generating product line?
NOV is rumored to be buying completions too.
Apparently NOV is displacing wft on location nov has everything wft has
Source?
Yes thats going to hurt because that was one of the few things that actually got wft on location. Thats what a lot of wft salesmen and managers didnt understand. The key for wft was to get on location. Well they blew that. Too late now