NOV, Inc.

NOV Inc., headquartered in Houston, Texas, is a leading global provider of equipment and components used in oil and gas drilling and production operations. It also offers oilfield services and supply chain integration services to the upstream oil and gas industry.

Primary Business Segments

The company operates through two primary segments:

• Energy Equipment: Designs, builds, and supports advanced drilling, production, and energy transition solutions. Offers integrated systems and capital equipment for the global energy industry, focusing on improving performance, increasing uptime, and delivering returns in energy operations worldwide.
• Energy Products and Services: Integrates people, products, and technology to help customers maximize efficiency and productivity in oil and gas drilling, completions, and production, both on land and offshore. Provides innovative, high-quality turnkey solutions to meet the dynamic needs of the modern energy landscape.

Product and Service Offerings

NOV Inc. offers a comprehensive range of products and services, including:

• Rig Technologies: Engineering and manufacturing of drilling rigs, drilling equipment packages, and related capital equipment necessary for drilling oil and gas wells, plus marine construction equipment such as heavy-lift cranes, mooring machinery, and pipelay systems.
• Wellbore Technologies: Development of equipment, technologies, and services for oil and gas well operation, covering drill bits, borehole enlargement services, directional drilling tools, downhole tools for drilling and intervention, solids control and waste management equipment, and drilling and completion fluids.
• Completion & Production Solutions: Provision of equipment and technologies for the well completion process and production phase of a well's lifecycle, including intervention and stimulation equipment, composite piping systems, pressure vessels, integrated processing and production equipment, subsea and floating production systems, and completion tools.

Global Presence and Location

With operations in over 500 locations across six continents, NOV Inc. serves a diverse clientele, including well-servicing companies, drilling contractors, rig fabricators, pressure pumping companies, and independent oil and gas companies.

The company maintains a significant presence in Houston, Texas, where its headquarters are located.

Company Vision and Commitment

NOV Inc.'s commitment to purposeful innovation drives its efforts to power the industry that powers the world better. The company anticipates customer needs and strives to deliver products and services on time and on budget.