National Oilwell Varco (NYSE: NOV) is a leading provider of equipment and technology to the oil and gas industry. The company designs, manufactures and services an extensive portfolio of products used in drilling, completion and production operations. Its offerings include drilling rigs and related components, wellbore technologies such as tubulars and completion tools, surface equipment including mud pumps and blowout preventers, and aftermarket parts and services that support ongoing field operations.
NOV’s business is organized to serve upstream energy companies around the world. Through its Rig Systems segment, the company delivers complete drilling solutions—ranging from rigs and derricks to top drives and automated drilling controls. Its Wellbore Technologies division provides a broad array of downhole tubulars, tubular handling systems, and wellhead and pressure control equipment. To enhance operational efficiency and reliability, NOV also offers digital and remote monitoring solutions that integrate data analytics with field operations.
Founded in 2005 through the merger of National Oilwell and Varco International, NOV is headquartered in Houston, Texas, and maintains a global footprint with manufacturing, service and rental facilities across North America, Latin America, Europe, the Middle East and the Asia-Pacific region. The company’s global network enables it to support both onshore and offshore activities, from shallow water rigs to deepwater exploration platforms.
Under the leadership of President and Chief Executive Officer Clay C. Williams, NOV continues to invest in research, technology and strategic partnerships aimed at reducing drilling costs and improving safety and environmental performance. The company’s extensive aftermarket service network and engineering expertise position it as a key partner to energy companies seeking to optimize performance throughout the life cycle of their assets.
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