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NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas.It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.
It was again sold in 1977 to National Lead, [2] which became known as NL Shaffer. In 1979, NL Shaffer purchased Koomey Control Systems. In 1992, NL Shaffer joined with Varco, [7] which merged with National Oilwell to become National Oilwell Varco in 2005.
Drill for profits the National Oilwell Varco way As a key player behind the scenes of the oil and gas industry, National Oilwell Varco plays a vital role in the energy products we all rely on.
In the following video, Fool analysts Jim Mueller and Austin Smith discuss the biggest reasons investors should be looking at National Oilwell Varco. National Oilwell is the picks-and-shovels ...
Now that I've gotten your attention with the headline, let me note quickly that I don't consider National Oilwell Varco (NYS: NOV) and Cameron International (NYS: CAM) to be head-to-head competitors.
In August 2012, Robbins & Myers, Inc. and National Oilwell Varco, Inc. agreed that National Oilwell Varco would acquire Robbins & Myers with about $2.5 billion in cash.In February 2013, the acquisition was completed after antitrust clearance.
With the recently announced spinoff of its low-margin, world class oil and gas equipment distribution business, National Oilwell Varco (NYSE: NOV) is setting itself up for a serious margin boost ...