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NATIONAL OILWELL VARCO

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NATIONAL OILWELL VARCO - Energy & Power showcase

Year Founded & Workforce

1841

35,063 Employees

Industry

Energy & Power

Services

Cutting Pipe & Perforating Pipe Drilling Tools
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NATIONAL OILWELL VARCO Overview

Company Headquarters: Texas, US

Founded: 1841

Workforce: ~35,063

Company Working: National Oilwell Varco is engaged in the business of manufacturing and supplying equipment and technology in the global oil & gas upstream industry. The company operates through three segments, namely, wellbore technologies, completion & production solutions, and rig technologies. It offers its cutting and perforating tools under the completion & production solution segment. Some of the other products the company offers include intervention & production solutions, fiberglass systems, subsea production systems, floating production systems, XL systems, and completion tools.

The company has operations in over 620 locations across several countries worldwide, including Canada, Oman, Saudi Arabia, the UAE, India, Mexico, the UK, the Netherlands, Venezuela, and the US.

Company Snapshot

$14,757M

Revenue

35,063

Employees

1841

Founded

Texas, US

Headquarters

Product Offering

  • NATIONAL OILWELL VARCO
    • Cutting Pipe & Perforating Pipe Drilling Tools

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue fell from USD 14,757 Mn in 2015 to USD 8,453 Mn in 2018.
NATIONAL OILWELL VARCO — By Business Segment
Series (USD Mn)2015201620172018
Revenue14,7577,2517,3048,453

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