National Oilwell Varco

National Oilwell Varco (NYSE: NOV) is the leading provider for the global oil and gas industry and has been dedicated to providing the highest quality oilfield products and services for more than 170 years. National Oilwell Varco is proud to deliver unlimited customer solutions including rig equipment, integrated systems, downhole tools, and supply chain solutions. By consistently developing new technologies and acquiring new services and technologies that better serve our customer's needs, National Oilwell Varco will continue to be the premier source for diversified products and services.

Walter Abegg

Co-Founder

Greg L. Armstrong

Lead Director

Eric L. Mattson

Director

Gerald Mosley

President - Intervention and Stimulation Equipment (ISE)

17 past transactions

Denali

Acquisition in 2019
Denali Incorporated is the pioneer and industry leader in Fiberglass Reinforced Plastics composite construction for corrosive environments. It is our professional knowledge, experience and innovation since 1994 that sets us apart in design, manufacturing, and construction of equipment used in the handling of critical fluids and fumes in a variety of industries worldwide.

Keystone Tower Systems

Venture Round in 2017
Keystone Tower Systems, Inc. is a manufacturer and installer of wind turbine steel towers, utilizing a specialized spiral welding process that enhances the production of towers capable of supporting larger next-generation turbines. Founded in 2010 and headquartered in Westminster, Colorado, the company conducts all necessary rolling and welding operations in-house. This innovative approach not only reduces the costs associated with both onshore and offshore towers but also enables turbines to be constructed taller, thereby accessing stronger winds for greater energy absorption.

Fjords Processing AS

Acquisition in 2016
Fjords Processing AS specializes in providing processing technology, systems, and services to the upstream oil and gas industry. Established in 1972 and based in Lysaker, Norway, the company offers a wide range of products and services, including advanced separator internals design, oil dehydration, and desalting solutions. Its offerings encompass separators, scrubbers, electrostatic dehydrators, and heavy oil treatment products, alongside gas processing services that include dehydration and sweetening. The company also focuses on water treatment solutions, providing gravity separators, flotation technologies, and sand management systems. In addition to its manufacturing capabilities, Fjords Processing delivers commissioning, operational support, and customized training services, as well as diagnostic analyses and process optimization. The company has a rich history of innovation in separation and water treatment technologies and operates as a subsidiary within a larger corporate structure.

TracID

Acquisition in 2016
TracID was founded in 2005 with the initiative of utilizing RFID technology within the oil and gas industry to successfully track the lifecycle of drill pipe for operators on the Norweigan Continental Shelf. Since commercialization in 2010, this tag has been installed and successfully deployed in over 40,000 drill string components. In March 2016 TracID was acquired by NOV Tuboscope. This technology combined with Tuboscope’s comprehensive package of products and services maximizes useful asset life and reduces total cost of ownership.

Robbins & Myers

Acquisition in 2013
Robbins & Myers, Inc. is a prominent designer and supplier of engineered equipment and systems that cater to critical applications in various sectors, including global energy, chemical, and industrial markets. The company focuses on providing application-critical solutions that meet the specific needs of its customers in these industries. By delivering high-quality products, Robbins & Myers plays a significant role in supporting the operational efficiency and safety of its clients across different markets.

Fiberspar

Acquisition in 2012
Fiberspar is the industry leader in high-strength, fiber-reinforced tubular products for the oil and gas industry. Their innovative spoolable LinePipeâ„¢ products are the new everyday choice of the industry's top producers, providing dramatic cost and performance improvements over conventional steel and stick fiberglass.

Wilson International

Acquisition in 2012
Wilson International is a privately held company that distributes pipes, valve and valve automation, fittings, mill and tool supplies.

Enerflow Industries

Acquisition in 2012
Enerflow Industries is a manufacturer and fabricator specializing in pressure pumping, blending, and cementing equipment, among other service-related products. The company focuses on producing high-quality equipment designed to meet the demands of various industries, ensuring reliability and efficiency in their operations. Enerflow Industries is recognized for its commitment to delivering innovative solutions tailored to the needs of its clients in the pressure pumping sector.

NKT Flexibles I/S

Acquisition in 2012
NKT Flexibles I/S designs and manufactures flexible pipe products and systems for the offshore oil and gas industry.

STSA

Acquisition in 2011
STSA is a company that was acquired by National Oilwell Varco in 2011.

Ameron International

Acquisition in 2011
Ameron International is a privately held manufacturer of highly-engineered products and materials for the chemical and industrial markets.

Advanced Production and Loading

Acquisition in 2010
Advanced Production and Loading (APL) is a market leader in the development, fabrication and sale of advanced systems for the offshore production, specialising in storage and transport of oil and gas by ships.APL was listed on the Oslo Stock Exchange in March 2005.

South Seas Inspection

Acquisition in 2009
South Seas Inspection is a privately held company that provides a wide array of oilfield services including rig and derrick construction.

Grant Prideco

Acquisition in 2008
Offers development of drill stem technology, and manufacture, sale, and service of drill pipes, drill bit technology, and specialty tools.

Welch Sales and Service

Acquisition in 2008
Welch Sales and Service is a privately held company that is into renting and leasing heavy construction equipment.

NQL Energy Services

Acquisition in 2007
NQL Energy Services is a provider of downhole tools, technology and services used primarily in drilling applications in the oil and gas.

Iri International

Acquisition in 2000
Iri nternational manufacturers of land-based drilling and well-servicing rigs and rig component parts for use in the global oil and gas industry and is principally engaged in the design, manufacture, service, sale and rental of onshore and offshore oilfield equipment for the domestic and international markets. Through its IRI and Cardwell operations, the Company designs and produces rigs to meet the special requirements of its global clientele for service in remote areas and harsh climatic conditions. Through its Bowen Tools Division, the Company is a leading manufacturer of downhole fishing and drilling tools and offers a complete line of oilfield power equipment, including top drives, power swivels, wireline pressure control equipment and coiled tubing systems, which complement the Company's drilling and well- servicing rigs. The Company also manufactures and maintains a significant inventory of replacement parts for rigs produced by the Company and by others, enabling it to meet the needs of its customers on a timely basis. As a result of its diverse product lines and the availability, on a sale or rental basis, of the products of the Bowen Tools Division, the Company is able to satisfy a wide range of its customers' special requirements. Through its Specialty Steel Division, the Company produces premium alloy steel for commercial and military use and for use in manufacturing oilfield equipment products.
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