NOV (formerly known as National Oilwell Varco) is a company specializing in the design, manufacture, and sale of equipment and components used in oil and gas drilling and production operations, and the provision of oilfield services to the oil and gas industry. It operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. Wellbore Technologies provides the oil and gas industry with drill bits, borehole enlargement services, directional drilling tools, and optimization/automation software and services. Completion & Production Solutions produces a variety of intervention and stimulation equipment for pressure pumping, coiled tubing, and wireline operations as well as composite piping systems, pressure vessels, subsea and floating production systems, and other solutions. Rig Technologies engineers and manufactures drilling rigs, advanced drilling equipment packages, and the related capital equipment necessary to drill oil and gas wells, as well as marine construction equipment such as heavy-lift cranes, mooring machinery, jacking systems, pipelay and cablelay systems, and marine riser tensioners.
|HQ||Houston, TX, US||Map|
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|USD||Q1, 2019||Q2, 2019||Q3, 2019||Q1, 2020||Q2, 2020||Q3, 2020||Q2, 2021|
Depreciation and Amortization
|Company Name||Date||Deal Size|
|Fjords Processing AS||December 20, 2016|
|Fiberspar||October 10, 2012|
|Enerflow Industries||May 25, 2012|
|NKT Flexibles I/S||April 01, 2012|
|Wilson International||March 31, 2012|
|STSA||July 20, 2011|
|Ameron International||July 05, 2011||$772 m|
|Advanced Production and Loading||September 30, 2010|
|South Seas Inspection||November 01, 2009|
|Ackerman Holdings C.V.|
NOV revenue breakdown by business segment: 39.1% from Completion & Production Solutions, 30.9% from Rig Technologies and 30.0% from Wellbore Technologies
NOV revenue breakdown by geographic segment: 5.6% from Saudi Arabia, 7.6% from Norway, 37.0% from Other Countries, 26.8% from United States and 23.0% from Other
NOV has 5.86k Twitter Followers. The number of followers has increased 0.5% month over month and increased 1.3% quarter over quarter
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When was NOV founded?
NOV was founded in 1862.
Who are NOV key executives?
NOV's key executives are Clay C. Williams, David Reid and Joe Rovig.
How many employees does NOV have?
NOV has 27,631 employees.
What is NOV revenue?
Latest NOV annual revenue is $6.1 b.
What is NOV revenue per employee?
Latest NOV revenue per employee is $220.4 k.
Who are NOV competitors?
Competitors of NOV include Forum Energy Technologies, TechnipFMC and Nabors.
Where is NOV headquarters?
NOV headquarters is located at National Oilwell Varco, 7909 Parkwood Cir Dr, Houston.
Where are NOV offices?
NOV has offices in Houston, Bakersfield, Casper, Galena Park and in 62 other locations.
How many offices does NOV have?
NOV has 71 offices.
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