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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 35436 employees IPO Total: $1.51B Energy, Industrial +4

General Information

Company Name NOV
Founded Year 1841
Location United States Houston, United States
Employees 35436
Industries Energy, Industrial, Manufacturing +3
Funding Stage IPO
Business Model B2B, Platform, SaaS
Revenue Model Product Sales, Project Based, Service Fee
Offices as of Oct 2026
Houston, United States
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.

Event Participation Oct 28, 2026

NOV is participating in ADIPEC at booth #7250 in Abu Dhabi from November 2-5, 2026.

Acquisition Made Oct 15, 2026

NOV announced welcoming Cranesmart Systems into the company, indicating an acquisition to enhance crane operations.

Award Received Oct 13, 2026

NOV was recognized by Petrobras with two awards, "Best Flexible Supplier" and "Quality Management", at the 2026 Best Suppliers Awards.

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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.

Business keywords: 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 $1.50B 1
Wells Fargo & Company
Wells Fargo & Company
01 Sep 2024
Grant kr80.00K 1
Innovation Norway
Innovation Norway
01 Aug 2018
Series D $12.00M -
01 Jan 2014
IPO Undisclosed -
01 Jun 1997

NOV Alternatives & Competitors

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NOV vs
The WellBoss Company
The WellBoss Company United States

Get More From Every Completion

149 employees
Manufacturing, Oil and Gas
NOV vs
Innovex
Innovex United States

'No Barriers'

Private Equity
681 employees
Industrial, Manufacturing
NOV vs
Rubicon Oilfield International
Rubicon Oilfield International United States

The most exciting oilfield products company in the industry

Private Equity
232 employees
Energy, Manufacturing
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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 Energy, Industrial, Manufacturing, Oil and Gas, Energy Storage and Construction. Its work centres on Technology-driven solutions, Oilfield operations, Energy transition and Rig equipment. Its customers include Global Energy Industry, Oil and Gas Companies and Offshore Drilling Operators.
NOV has a B2B, Platform and SaaS business model. Its revenue comes from Product Sales, Project Based and Service Fee.
NOV has approximately 35436 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 The WellBoss Company, Innovex, Rubicon Oilfield International, DLS Argentina, The Modern Group - USA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NOV and The WellBoss 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.

Source: BounceWatch company record for NOV, https://bouncewatch.com/company/nov, updated 1 November 2026. When citing, please name BounceWatch and link this page.

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