Layoffs

National Oilwell Varco Terminations/Layoffs

Have you been affected by the current layoffs, terminations, firing, or restructuring of National Oilwell Varco? If so comment below and let the community know what is going on inside the organization.

Current Confirmations:

No information currently available. Let us know in the comments below if you have something to share.

 

About National Oilwell Varco:

National Oilwell Varco (NOV) is an American multinational corporation based in Greater Sharpstown, Houston, Texas. It is a leading 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. The company conducts operations in more than 1,200 locations across six continents.

The Company’s common stock is traded on the New York Stock Exchange under the symbol “NOV”. The company operates through four reporting segments that were reorganized in 2014: Rig Systems, Rig Aftermarket, Completion and Production Solutions, and Wellbore Technologies.

Products include all the heavy hardware for oil well drilling as well as drilling instrumentation and controls and drilling power generation and control. A partial list of heavy hardware includes topdrives, rotarys, drawworks, derricks, BOPs (blowout preventers), mud pumps, riser equipment, and complete drilling rigs. Products also include instruments and controls required on the rig floor for the drilling operation. This includes sophisticated electronics for precise control, such as the control system Cyberbase. NOV also produces control electronics for power generation and control of drilling motors and motor control centers for AC motor control.

 

 

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Categories: Layoffs, Standard

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