National
Oilwell Varco
Provides equipment
to oil and gas drillers.
Headquarters:
10000 Richmond Ave
Houston, TX 77042
Employees: 18,979
CEO: Pete Miller
Stock Symbol: NOV
Website:
http://www.natoil.com
National Oilwell Varco is a worldwide leader
in the design, manufacture and sale of equipment and components
used in oil and gas drilling and production, the provision of
oilfield inspection and other services, and supply chain integration
services to the upstream oil and gas industry.
National Oilwell Varco is the single source
for rig equipment, integrated systems, downhole tools, and supply
chain solutions. From a spare part to a comprehensive drilling
system - and from a generic valve to a fully integrated supply
chain process, National Oilwell Varco delivers unlimited customer
solutions.
National Oilwell Varco designs, manufactures
and sells the major mechanical components for both land and offshore
drilling rigs as well as complete land drilling and well servicing
rigs. The major mechanical components include drawworks, mud
pumps, power swivels, SCR systems, traveling equipment and rotary
tables. The Company also designs and manufactures a broad offering
of downhole products, including drilling motors and specialized
drilling tools for rent and sale. National Oilwell Varco also
provides distribution services through its network of distribution
service centers located in the United States, Canada and near
major drilling and production activity worldwide.
The company has acquired numerous brands
and sells products under 40 different brand names.
Revenues for 2005 were $4.6 billion and
net income was $286.9 million.
The company was founded in 1862.
Updated April 27, 2006
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