NOV Announces Expansion of Subsea Flexible Pipe Manufacturing Capacity to Support Growing Demand

NOV announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil

Industrial yard with rows of large red cable reels under a partly cloudy sky

Mar 25, 2026

NOV Inc. (NYSE: NOV) today announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, through a $200 million investment over the next three years. Read the official press release here.