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Wellsite business is expected to generate approximately $1 billion in revenue.
September 14, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Dover announced that it is exploring strategic alternatives for the separation of its upstream energy businesses within its Energy segment, collectively, the Wellsite business. The company is considering options which may include a tax-free spin-off, sale or other strategic combination. Dover’s Wellsite business, including Dover Artificial Lift, Dover Energy Automation, and US Synthetic (USS), operates in some of the most attractive segments of the oil & gas drilling and production indu...
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