Summary
National Oilwell Varco, Inc. (NOV) is an industrial equipment company, which designs and manufactures equipment and components for the oil and gas sector. It portfolio includes rig systems, wellbore technologies, and completion and production technologies. Its product line comprises fiber glass systems, floating production systems, subsea production systems, drilling fluid equipment, power systems and others. The company also provides waste management, machining, mill inspection, specialty inspection, installation and commissioning, field engineering and other services. The company serves servicing companies, drilling contractors, rig fabricators, pressure pumping companies and independent oil and gas companies among others. NOV is headquartered in Houston, Texas, the US.
National Oilwell Varco, Inc. (NOV) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.
GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.
Scope
- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company’s (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.
Reasons to Buy
Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.
Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.
Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.
Equip yourself with detailed information about the company’s operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.
Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.
Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.
Note*: Some sections may be missing if data is unavailable for the company.
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Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
National Oilwell Varco, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
National Oilwell Varco, Inc., Oil & Gas Deals By Type, 2010 to YTD 2016 7
National Oilwell Varco, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
National Oilwell Varco, Inc., Oil & Gas, Deals By Sector, 2010 to YTD 2016 9
National Oilwell Varco, Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 10
National Oilwell Varco, Inc., Oil & Gas, Deal Details 12
Asset Purchase 12
National Oilwell Varco Completes Acquisition Of Drilling Waste Management Assets Of Scomi Oiltools For US$24.3 Million 12
Venture Financing 13
Sigma Offshore Secures US$6.1 Million Venture Financing 13
Private Equity 15
White Deer Acquires Stake In Fiberspar 15
Debt Offering 16
National Oilwell Varco Completes Public Offering Of 1.35% Notes Due 2017 For US$500 million (MM) 16
National Oilwell Varco Completes Public Offering Of 2.6% Notes Due 2022 For US$1.4 billion 18
National Oilwell Varco Completes Public Offering Of 3.95% Notes Due 2042 For US$1.1 billion 20
Asset Transactions 22
National Drilling To Acquire Land Drilling Rig From National Oilwell For US$32.7 Million 22
Acquisition 23
National Oilwell Varco Acquires 97% Interest In Seabox 23
National Oilwell Acquires Surface Safety Valve Systems From Halliburton Energy 24
National Oilwell Completes Acquisition Of Robbins & Myers, Provider Of Engineered Equipment And Systems, For US$2.5 Billion 25
National Oilwell Varco Acquires Fiberspar, Manufacturer Of Spoolable Pipeline Systems, From White Deer 27
National Oilwell Completes Acquisition Of CE Franklin For US$233.4 Million 29
National Oilwell Varco Completes Acquisition Of Wilson International From Schlumberger 31
National Oilwell Varco Acquires Enerflow Industries 32
National Oilwell Varco Completes Acquisition Of NKT Flexibles For US$670 Million 33
National Oilwell Varco Completes Acquisition Of Scomi Oiltools de Mexico From Scomi Group For US$10 Million 35
National Oilwell Acquires Ameron International For US$777 Million 36
National Oilwell Acquires STSA 38
National Oilwell Acquires Conner Steel Products From Empeiria Capital 39
National Oilwell Acquires Merpro Group 40
National Oilwell Varco Completes Acquisition Of Advanced Production and Loading For US$500 Million 41
BW Offshore Cyprus Sells Its Interest In APL To National Oilwell Varco Norway 42
National Oilwell Varco Acquires Ambar Lone Star Fluid Services From Patterson-UTI Energy 44
National Oilwell Varco, Inc. - Key Competitors 45
Key Employees 46
Locations And Subsidiaries 47
Head Office 47
Other Locations & Subsidiaries 47
Recent Developments 50
Strategy and Business Expansion 50
Sep 29, 2015: Amarinth Expands In Asia Pacific With Two Orders For API 610 Water Treatment Pumps From National Oilwell Varco 50
Apr 04, 2015: NOV Announces Partnership With Global Industrial Water For New Water Flooding Technology 51
Financial Announcements 52
Apr 28, 2016: National Oilwell Varco Reports First Quarter 2016 Results 52
Feb 03, 2016: National Oilwell Varco Announces Fourth Quarter And Full Year 2015 Earnings 54
Oct 28, 2015: National Oilwell Varco Announces Third Quarter 2015 Earnings 56
Jul 28, 2015: National Oilwell Varco Announces Second Quarter 2015 Earnings 58
Apr 28, 2015: National Oilwell Varco Announces First Quarter 2015 Earnings 60
Feb 27, 2015: National Oilwell Varco Declares Regular Quarterly Dividend: Update Feb 27, 2015 62
Feb 03, 2015: National Oilwell Varco Announces Fourth Quarter And Full Year 2014 Earnings 63
Other Significant Developments 65
Apr 22, 2016: NOV To Slash 520 Jobs Due To Weak Oil Prices 65
Apr 05, 2016: National Oilwell Varco Announces Appointment Of James T. Hackett To The Board Of Directors 66
Mar 21, 2016: NOV Introduces Monitoring Service For Predicting Operational Failures In Subsea BOPs 67
Feb 09, 2016: EPG: Structures For Gina Krog Field From EPG 68
Dec 08, 2015: Energy & Technology Versus National Oilwell To Protect Its Wall Mapping Patents 69
Dec 07, 2015: National Oilwell Varco To Eliminate 900 Jobs Due To Plunge In Oil Prices 70
Dec 07, 2015: PSA: Consent For Drilling Operations Using COSLPromoter 71
Nov 03, 2015: National Oilwell Varco Announces Resignation Of Robert E. Beauchamp; Appointment Of William R. Thomas To The Board Of Directors 72
Oct 07, 2015: Houston Federal Jury Clears National Oilwell Varco In Employment Lawsuit 73
Aug 31, 2015: National Oilwell Varco Appoints Jose A. Bayardo As Senior Vice President & Chief Financial Officer 74
Jun 08, 2015: National Oilwell Varco: Safer Transportation Method For BOPs And Lubricator Stack Up 75
May 22, 2015: NOV To Launch Tektonic Drill Bit Series Later This Year 76
May 18, 2015: National Oilwell Varco Scores $395K From Mud King Over Stolen Trade Secrets 77
May 13, 2015: Mud King Products Exits Bankruptcy, Litigation Dismissed 78
Apr 21, 2015: National Oilwell Varco: Jeremy D. Thigpen Leaving NOV To Become Chief Executive Officer At Transocean; Scott K. Duff Named As Interim Chief Financial Officer 79
Apr 21, 2015: Jeremy D. Thigpen Leaving NOV To Become Chief Executive Officer At Transocean; Scott K. Duff Named As Interim Chief Financial Officer 80
Mar 31, 2015: National Oilwell Varco: Grant Prideco Improves Drilling Operations In Sour Environments 81
New Contracts Announcements 82
Dec 10, 2015: Pulse Awarded NOV Contract For Acoustic Mooring Line Monitoring System In Norway 82
Appendix 83
Methodology 83
About GlobalData 83
Contact Us 83
Disclaimer 83
List of Tables
National Oilwell Varco, Inc., Oil & Gas, Key Facts, 2015 1
National Oilwell Varco, Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 1
National Oilwell Varco, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
National Oilwell Varco, Inc., Oil & Gas Deals By Type, 2010 to YTD 2016 7
National Oilwell Varco, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
National Oilwell Varco, Inc., Deals By Sector, 2010 to YTD 2016 9
National Oilwell Varco, Inc., Oil & Gas, Deals Summary, 2010 to YTD 2016 10
National Oilwell Varco Completes Acquisition Of Drilling Waste Management Assets Of Scomi Oiltools For US$24.3 Million 12
Sigma Offshore Secures US$6.1 Million Venture Financing 13
White Deer Acquires Stake In Fiberspar 15
National Oilwell Varco Completes Public Offering Of 1.35% Notes Due 2017 For US$500 million (MM) 16
National Oilwell Varco Completes Public Offering Of 2.6% Notes Due 2022 For US$1.4 billion 18
National Oilwell Varco Completes Public Offering Of 3.95% Notes Due 2042 For US$1.1 billion 20
National Drilling To Acquire Land Drilling Rig From National Oilwell For US$32.7 Million 22
National Oilwell Varco Acquires 97% Interest In Seabox 23
National Oilwell Acquires Surface Safety Valve Systems From Halliburton Energy 24
National Oilwell Completes Acquisition Of Robbins & Myers, Provider Of Engineered Equipment And Systems, For US$2.5 Billion 25
National Oilwell Varco Acquires Fiberspar, Manufacturer Of Spoolable Pipeline Systems, From White Deer 27
National Oilwell Completes Acquisition Of CE Franklin For US$233.4 Million 29
National Oilwell Varco Completes Acquisition Of Wilson International From Schlumberger 31
National Oilwell Varco Acquires Enerflow Industries 32
National Oilwell Varco Completes Acquisition Of NKT Flexibles For US$670 Million 33
National Oilwell Varco Completes Acquisition Of Scomi Oiltools de Mexico From Scomi Group For US$10 Million 35
National Oilwell Acquires Ameron International For US$777 Million 36
National Oilwell Acquires STSA 38
National Oilwell Acquires Conner Steel Products From Empeiria Capital 39
National Oilwell Acquires Merpro Group 40
National Oilwell Varco Completes Acquisition Of Advanced Production and Loading For US$500 Million 41
BW Offshore Cyprus Sells Its Interest In APL To National Oilwell Varco Norway 42
National Oilwell Varco Acquires Ambar Lone Star Fluid Services From Patterson-UTI Energy 44
National Oilwell Varco, Inc., Key Competitors 45
National Oilwell Varco, Inc., Key Employees 46
National Oilwell Varco, Inc., Other Locations 47
National Oilwell Varco, Inc., Subsidiaries 47
List of Figures
National Oilwell Varco, Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 1
National Oilwell Varco, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 1
National Oilwell Varco, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 1
National Oilwell Varco, Inc., Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
National Oilwell Varco, Inc., Oil & Gas, Deals By Year, 2010 to YTD 2016 6
National Oilwell Varco, Inc., Oil & Gas, Deals by Type, 2010 to YTD 2016 7
National Oilwell Varco, Inc., Oil & Gas, Deals By Region, 2010 to YTD 2016 8
National Oilwell Varco, Inc., Oil & Gas, Deals by Sector, 2010 to YTD 2016 9