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National Oilwell Varco, Inc. provides equipment and components for oil and gas drilling and production; oilfield services; and supply chain integration services to the upstream oil and gas industry worldwide. The company?s Rig Technology segment offers offshore and onshore drilling rigs; derricks; pipe lifting, racking, rotating, and assembly systems; rig instrumentation; blowout preventers; coiled tubing equipment and pressure pumping units; well work over rigs; wire line winches and trucks; cranes; flexible pipe; turret mooring systems; and other products for floating production, storage, and offloading vessels, and other offshore vessels and terminals. Its Petroleum Services and Supplies segment provides consumable goods and services to drill, complete, remediate, and work over oil and gas wells; and service drill pipe, tubing, casing, and flow lines; other oilfield tubular goods; rents and sells drill pipe, wired drill pipe, transfer pumps, valves, solids control systems, drilling motors, drilling fluids, drill bits, reamers and other down hole tools, and mud pump consumables for drilling operations. This segment?s oilfield tubular services include inspection and internal coating services, and equipment for drill pipe, line pipe, tubing, casing, and pipelines; and the design, manufacture, and sale of coiled tubing pipe and fiberglass composite pipe for highly corrosive environments application. Its Distribution and Transmission segment provides pipe, maintenance, repair, and operating supplies and spare parts to drill site and production locations, pipeline operations, processing plants, and industrial facilities; procurement, materials management, and logistics services; and produces water transmission pipe, fabricated steel products, and specialized materials and products used in infrastructure projects. The company was founded in 1862 and is headquartered in Houston, Texas.
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