NOV

Nov Inc.

A global maker of energy equipment and technology, NOV supplies drill bits, downhole tools, drilling rigs, and digital platforms used by oil and gas service companies and producers in dozens of countries, and it also reaches into wind, geothermal, and carbon-capture markets. Its roots stretch back to 1862 with the founding of Oilwell Supply, and the modern company emerged from the 2005 merger of National Oilwell and Varco International. The name "Varco" itself comes from the initials of its three founders—Vuilleumier, Abegg, and Reinhold—and the firm later renamed itself simply NOV Inc. in 2021.