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National Oilwell Varco, Inc. 

 

NOV

National-Oilwell Varco Inc., designs, manufactures and sells systems, components and products used in oil and gas drilling and production, as well as distributing products that provide services to the exploration and production segment of the oil and gas industry. National-Oilwell Varco's Products and Technology unit designs and manufactures complete land drilling and workover rigs, in addition to drilling-related systems on offshore rigs. Non-capital revenue sources within its Products and Technology unit include drilling motors and specialized downhole tools that are sold or rented, spare parts and service on the large installed base of its equipment, expendable parts for mud pumps and other equipment and smaller downhole, progressive cavity and transfer pumps. National-Oilwell Varco’s Distribution Services unit provides maintenance, repair and operating supplies and parts to drill site and production locations throughout North America and to offshore contractors.

 

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