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Nov Announces Contract To Design And Equip Two Offshore Wind Installation Vessels For Cadeler
National Oilwell Varco Inc Reports Q2 2021 Revenues Of $1.42 Bln
National Oilwell Varco Q1 2021 Revenues Of $1.25 Billion, A Decrease Of Six Percent Compared To Q4 Of 2020
Nov Inc., formerly National Oilwell Varco, Inc., is an oilfield equipment manufacturer and technology provider. The Company operates through four segments: Rig Technologies, Wellbore Technologies and Completion & Production Solutions. The Rig Technologies segment designs, manufactures, sells, and supports land rigs, offshore drilling equipment packages, and drilling rig components. The Wellbore Technologies segment designs, manufactures, rents and sells a range of equipment and technologies used to perform drilling operations. The Completion & Production Solutions segment integrates technologies for well completions and oil and gas production.
Oil Well Services & Equipment
7909 PARKWOOD CIRCLE DR
Clay Campbell Williams
Chairman of the Board, President, Chief Executive Officer
Jose A. Bayardo
Chief Financial Officer, Senior Vice President
Joseph W. Rovig
President - Rig Technologies
Craig L. Weinstock
Senior Vice President, General Counsel, Secretary
Scott K. Duff
Chief Accounting Officer, Vice President, Corporate Controller
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National Oilwell Varco Inc (NOV) has had a rough few years: Since 2017, the Houston company, whose drilling equipment is in major oilfields worldwide, has lost two-thirds of its value, costing shareholders a combined $9 billion.
U.S. oilfield equipment supplier National Oilwell Varco <NOV.N> on Friday called the coronavirus a "wildcard" in the oil industry's outlook, with an extended outbreak potentially hurting access to Chinese-make materials and foreign sales.
National Oilwell Varco <NOV.N> beat estimates for its fourth-quarter profit on Thursday, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity.
National Oilwell Varco reported a quarterly loss on Thursday, as the oilfield services provider took impairment and restructuring charges due to decline in U.S. drilling activity and its measures to cut costs.
U.S. oilfield supplier National Oilwell Varco Inc <NOV.N> is trimming its workforce, according to people familiar with the matter, as oil and gas customers have cut spending on services and equipment.
* NATIONAL OILWELL VARCO ANNOUNCES SALE OF TWO 20,000 PSI BOP STACKS TO TRANSOCEAN
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