NOV Inc - Company Profile
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NOV Inc (NOV), formerly known as National Oilwell Varco Inc, is a provider of technology, equipment, and services to the oil and gas industry. The company’s portfolio of offerings includes rig systems, wellbore technologies, and completion and production solutions. Its product line comprises of fiberglass systems, pipe handlings, floating production systems, subsea production systems, integrated tensioning systems, drilling fluid equipment, and power systems. The company also provides waste management, machining, specialty inspection, installation and commissioning, field engineering, and other services to its customers. It serves well-servicing companies, drilling contractors, rig fabricators, pressure pumping companies, and independent oil and gas companies. The company has operations in various countries across the Americas, the Middle East, Africa, Asia-Pacific, and Europe. NOV is headquartered in Houston, Texas, the US.
NOV Inc premium industry data and analytics
Products and Services
Products | Services | Brands |
---|---|---|
Fiber Glass Systems | WellSite Services | AmClyde |
Floating Production Systems | Completion Services | Ameron |
Intervention and Stimulation Equipment | Portable Power | Anson |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company entered into an agreement to sell Ameron Pole Products, LLC to Arcosa Inc. |
2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired Extract Production. |
2023 | Contracts/Agreements | In November, the company entered into a partnership with AKM Enterprises under which the Max Platform will deliver high-fidelity real-time data to ProACT to enhance its drilling analytics. |
Competitor Comparison
Key Parameters | NOV Inc | Schlumberger Ltd | Baker Hughes Co | Halliburton Co | Weatherford International Plc |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
City | Houston | Houston | Houston | Houston | Houston |
State/Province | Texas | Texas | Texas | Texas | Texas |
No. of Employees | 33,676 | 111,000 | 58,000 | 48,000 | 18,500 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Clay C. Williams | President; Chairman; Chief Executive Officer | Executive Board | 2014 | - |
Jose A. Bayardo | Senior Vice President; Chief Financial Officer | Senior Management | 2015 | - |
Christy H. Novak | Corporate Controller; Vice President; Chief Accounting Officer | Senior Management | 2021 | - |
Alex Philips | Chief Information Officer | Senior Management | - | - |
David Reid | Chief Technology Officer; Chief Marketing Officer | Senior Management | 2020 | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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