NOV CEO Clay Williams sat down for an exclusive interview with Jessica Morales and HartEnergy.com. Williams speaks candidly about ideas in the oil field and why he takes pride in getting ideas out first.
“Our company dates back to 1862, so we are from the first days of the oil field and we shake up everything, every chance we get. Philosophically, I think, if there is a better idea, a better way of doing things out there, then we need to be a leader in bringing that to market and if we don’t someone else will. We have always prided ourselves on being first to market with better ideas,” said Williams.
View Part Two: NOV’s Preparations For Offshore Recovery, Reducing Costs
The gloomy forecast will falter if COVID-19 passes quickly and the global economy recovers its appetite for hydrocarbons.
Freight charges from the Middle East to China doubled overnight.
Second-wave and modular LNG enter the picture, as do big plants in British Columbia.