NOV logo — We power the industry that powers the world.

NOV

We power the industry that powers the world.

Founded 1841 United States Houston, United States 38006 employees IPO Total: $1.51B Energy, Industrial +4

General Information

Company Name NOV
Founded Year 1841
Location United States Houston, United States +1
Employees 38006
Industries Energy, Industrial, Manufacturing +3
Funding Stage IPO
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Sep 24, 2026

NOV announced its Gold Sponsorship at the upcoming Africa Energy Week event, highlighting its commitment to the continent's energy landscape.

Major Customer Win Sep 23, 2026

NOV secured a project with Fervo Energy, utilizing its technologies to drill a 3.4-km geothermal well in under 11 days.

Event Participation Sep 21, 2026

NOV is participating as an exhibitor at the ROG-e 2026 conference, taking place from September 21-24, 2026, in Rio de Janeiro, Brazil. They invite attendees to visit Booth #P06.

Feature Release Sep 01, 2026

NOV has launched Live Chat support, expanding its 24/7 customer service options to include email, phone, and text.

AI Insight

Bounce Watch AI
1 month ago

NOV has recently secured a substantial $1.5 billion post-IPO debt funding, underscoring significant financial capacity for its strategic initiatives. This capital infusion aligns with a major customer win to supply flexible pipe for Equinor's subsea developments and a key partnership to deploy an Industrial AI platform, demonstrating a dual focus on strengthening core oil & gas operations and advancing digital transformation for efficiency and innovation.

Signal Types
Funding Business Development Partnership Technology Adoption
Strategic Labels
Capital Infusion Core Business Expansion Digital Transformation
Next Move: Expansion
·
Impact: 9/10
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Ideal For: Institutional Debt Investors, Energy Sector Funds

About NOV

NOV, with its slogan "We power the industry that powers the world," is a seasoned innovator in the energy sector. Founded in 1841, the company has a rich history of over 150 years in delivering technology-driven solutions that support the global energy industry.

NOV specializes in multiple sectors including Energy, Industrial, Manufacturing, Oil and Gas, Energy Storage, and Construction. Headquartered in the United States, NOV is known for its commitment to innovation and sustainability, assisting its customers in safely producing abundant energy with minimized environmental impact, contributing to the industry's transition to a sustainable future.

Recently, NOV secured a substantial $1.50B investment in the form of Post IPO Debt from Wells Fargo & Company as of 01 September 2024, indicating strong investor confidence and positioning the company for future growth and expansion in its sector.

Taxonomy: Technology-driven solutions, Oilfield operations, Energy transition, Rig equipment, Integrated systems, Downhole tools, Supply chain solutions, Drilling engineering, Project management, Lifting and handling, Tubular and corrosion, Well service and completion, Completion tools, Renewables

Services & Products

Oilfield Operations Improvement
Energy Transition Support
Offshore Drilling Solutions
Subsea Tiebacks
Efficiency and Safety Enhancement
Advanced Technology Deployment

Target Customers

Global Energy Industry Oil and Gas Companies Offshore Drilling Operators Subsea Project Managers Renewable Energy Corporations Power Infrastructure Developers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Post Ipo Debt •••••• 1
Investor
01 Sep 2024
Grant •••••• 1
Investor
01 Aug 2018
Series D •••••• - 01 Jan 2014
IPO •••••• - 01 Jun 1997

NOV Alternatives & Competitors

NOV vs

Completion Energy mission is dedicated to the supply of completion products, equipment and services.

9 employees
Industrial, Manufacturing
NOV vs

Leader in multi-stage fracturing, downhole completion, production, workover tools and technology inn...

54 employees
Energy, Productivity
NOV vs
Halliburton
Halliburton United States

We collaborate and engineer solutions to maximize asset value for our customers.

IPO
61127 employees
Energy
Also compare with: NOV vs Tucker Energy Services Tucker Energy Services

FAQ About NOV

We power the industry that powers the world.
NOV was founded in 1841.
NOV is headquartered in Houston, United States.
NOV operates in the following industries: Energy, Industrial, Manufacturing, Oil and Gas, Energy Storage, Construction.
NOV has approximately 38006 employees.
NOV has completed 4 funding rounds, raising a total of $1.51B. The latest funding stage is IPO.
NOV offers: Oilfield Operations Improvement, Energy Transition Support, Offshore Drilling Solutions, Subsea Tiebacks, Efficiency and Safety Enhancement, Advanced Technology Deployment.
Top alternatives and competitors to NOV include Completion Energy Company, Tryton Tool Services, Halliburton, Tucker Energy Services, Corva. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NOV and Completion Energy Company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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