National Oilwell Varco (NOV) is a leading global provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the oil and gas industry.
National Oilwell Varco was created by a 2005 merger that joined National Oilwell and Varco.
National Oilwell was formed by the 1987 merger of USS Oilwell and National Supply.
Varco was founded in 1908 by Walter Abegg and Baldwin Reinhold as Abegg and Reinhold Company.
Today National Oilwell Varco makes, distributes, and services oil and gas drilling equipment for land and offshore drilling rigs.
The company conducts operations at 1,200 sites worldwide through four main operating segments: Rig Systems, Rig Aftermarket, Completion and Production Solutions, and Wellbore Technologies.
National Oilwell Varco trades publicly on the New York Stock Exchange under the symbol NOV, is a member of the S&P 500, is #184 in the Fortune 500, has 55,000 employees, and had $23.34 billion in revenue in 2013.
National Oilwell VarcoNational Oilwell Varco (NOV) is a leading global provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the oil and gas industry.
National Oilwell Varco was created by a 2005 merger that joined National Oilwell and Varco.
National Oilwell was formed by the 1987 merger of USS Oilwell and National Supply.
History
Varco was founded in 1908 by Walter Abegg and Baldwin Reinhold as Abegg and Reinhold Company.
Today National Oilwell Varco makes, distributes, and services oil and gas drilling equipment for land and offshore drilling rigs.
The company conducts operations at 1,200 sites worldwide through four main operating segments: Rig Systems, Rig Aftermarket, Completion and Production Solutions, and Wellbore Technologies.
National Oilwell Varco trades publicly on the New York Stock Exchange under the symbol NOV, is a member of the S&P 500, is #184 in the Fortune 500, has 55,000 employees, and had $23.34 billion in revenue in 2013.
