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TUBOSCOPE VETCO INTERNATIONAL ANNOUNCES PRICE INCREASES

 HOUSTON, Sept. 1 /PRNewswire/ -- Tuboscope Vetco International Inc. (NASDAQ-NMS: TUBO) today announced a price increase for its oilfield inspection and coating services effective Oct. 1, 1993. The increases will average 8 percent and will be initiated worldwide.
 William V. Larkin Jr., president, stated, "The scheduled increases are necessary to offset the continually rising costs of labor, materials, health care, insurance, and environmental compliance; to name just a few."
 Tuboscope Vetco International is the world's leading supplier of coating and inspection services to the petroleum industry; supplies in- service inspection for oil and gas pipelines; sells and leases advanced in-line inspection equipment to makers of oil country tubular goods and provides quality assurance and inspection services to a diverse range of worldwide industries.
 Tuboscope Vetco International is headquartered in Houston and services markets in over 54 countries. 1992 sales were $165.0 million. The company's parent is traded on the NASDAQ National Market System under the symbol "TUBO."
 -0- 9/1/93
 /CONTACT: Donna J. Smith of Tuboscope Vetco International Inc., 713-799-5100/
 (TUBO)


CO: Tuboscope Vetco International Inc. ST: Texas IN: OIL SU:

MP -- NY058 -- 8049 09/01/93 15:05 EDT
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Publication:PR Newswire
Date:Sep 1, 1993
Words:191
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