Nov Inc. (NOV)

Overview

NOV Inc., previously known as National Oilwell Varco, Inc., is a multinational corporation that offers a broad spectrum of products and services to the oil and gas drilling and production sectors, as well as the industrial and renewable energy industries. With a history dating back to 1862, NOV Inc. has established itself as a pioneer in engineering, manufacturing, and selling systems, components, and various cutting-edge technologies across the globe. The company's operations are divided into three primary segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies, each dedicated to enhancing efficiency, safety, and environmental sustainability in energy exploration and production. Based in Houston, Texas, NOV Inc. commits to innovation, customer support, and global service provision, bolstering its mission to deliver reliable, state-of-the-art solutions to the evolving challenges of the energy sector.

Products and Services

• Solids Control and Waste Management Equipment and Services

  Offers cutting-edge solutions to manage and dispose of drilling waste, improving environmental compliance and operational efficiency.

• Portable Power Generation Products

  Provides a range of portable power solutions to ensure uninterrupted operations in remote and challenging environments.

• Drill and Wired Pipes, Drilling Optimization and Automation Services

  Delivers advanced drilling solutions, including high-performance drill pipes and automation technologies, designed to optimize drilling efficiency and accuracy.

• Tubular Inspection, Repair, and Coating Services

  Offers comprehensive services for the maintenance and enhancement of tubular goods, ensuring reliability and longevity.

• Instrumentation, Measuring and Monitoring Services

  Supplies precise measurement and monitoring equipment and services for effective control and optimization of drilling and production operations.

• Downhole and Fishing Tools, Steerable Technologies, and Drill Bits

  Provides a wide array of downhole tools, including innovative steerable systems and highly efficient drill bits for various drilling challenges.

• Hydraulic Fracture Stimulation Equipment and Technologies

  Offers equipment and technologies for effective hydraulic fracturing, including multistage fracturing tools and pressure control solutions.

• Coiled Tubing Units, Wireline Units and Tools

  Delivers reliable coiled tubing and wireline solutions for downhole operations, enhancing efficiency and safety.

• Connections and Liner Hangers

  Provides innovative connection systems and liner hangers designed for secure and efficient wellbore construction and completion.

• Industrial Pumps and Mixers

  Manufactures a wide range of industrial pumps and mixers for various applications, ensuring optimal performance and reliability.

• Floating Production Systems and Subsea Production Technologies

  Offers solutions for offshore production, including advanced floating systems and subsea technologies to maximize recovery and efficiency.

• Rig Equipment and Machinery

  Supplies a full range of equipment and machinery for drilling rigs, including substructures, masts, cranes, and pressure control systems, designed for safety and operational excellence.

• Spare Parts, Repair, and Rentals

  Provides comprehensive support through spare parts provision, repair services, and equipment rentals to ensure uninterrupted operations.

• Remote Equipment Monitoring, Technical Support, Field Service, and Customer Training

  Offers a suite of services aimed at maximizing equipment performance and reliability through remote monitoring, dedicated technical support, and extensive training programs.