HOUSTON--(BUSINESS WIRE)--Nov. 7, 2016--
NOW Inc.’s (NYSE:DNOW) U.S. subsidiary DNOW L.P. announces
distributorship agreements to strengthen its upstream pumping, valve and
actuation product lines.
The Company has just entered into an OEM valve automation packaging
agreement with Rotork Controls for their Flow Control products, which
includes actuators, gearboxes, valve accessories and instrumentation and
control, for both domestic and international projects. This is an
extension of the existing distribution agreement the Company has in
Canada for these Rotork products. This, along with the global Enterprise
Distributor Program (EDP) the Company has in place with Schlumberger for
its Cameron engineered and distributed valve product lines, allows its
customers full access to the Cameron valve line and Rotork actuation and
controls.
The Company has also entered into a distributorship agreement with
Schlumberger for the exclusive right to distribute Schlumberger’s Reda
HPS Pumps and certain related parts in fifteen states across the United
States. Schlumberger will provide technical support for these products
as part of this collaboration.
Robert Workman, President and CEO of NOW Inc. remarked, “We are very
excited about these new partnerships for these products. This further
demonstrates DistributionNOW’s commitment to its customers and the
market by offering solutions from world renowned brands like
Schlumberger’s Reda pumps, Cameron valves and Rotork Controls. In
addition to expanding our Total Valve Solutions (TVS) with the Cameron
and Rotork offerings to our customers worldwide, we believe the Reda
agreement, combined with our current distribution rights for National
Oilwell Varco and Flowserve pumps, will enable DistributionNOW to
provide unparalleled pump product coverage, saltwater disposals and
waterflood projects in all of the major shale plays throughout the
central U.S., especially in the Permian where activity has increased the
most. We have the unique position to represent these world class
products in the most prevalent oil plays in the U.S.”
NOW Inc. is one of the largest distributors to energy and industrial
markets on a worldwide basis, with a legacy of over 150 years. NOW Inc.
operates primarily under the DistributionNOW and Wilson Export brands.
Through its network of more than 300 locations and approximately 4,500
employees worldwide, NOW Inc. offers a comprehensive line of products
and solutions for the upstream, midstream and downstream energy and
industrial sectors. Our locations provide products and solutions to
exploration and production companies, energy transportation companies,
refineries, chemical companies, utilities, manufacturers and engineering
and construction companies.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161107005328/en/
Source: NOW Inc.
NOW Inc.
Daniel Molinaro, 281-823-4941
