Varco

Crestwood Appoints Two New Independent Directors Solidifying its Leading MLP Corporate Governance Model

Retrieved on: 
Thursday, November 11, 2021

I am pleased to welcome Angela and Clay to the Crestwood Board of Directors.

Key Points: 
  • I am pleased to welcome Angela and Clay to the Crestwood Board of Directors.
  • As we continue to scale our business and advance our sustainability strategies, we remain resolute on enhancing our approach to strong corporate governance.
  • Ms. Minas brings an extensive MLP background and broad experience across the energy value chain to the Crestwood board where she will serve on the audit and compensation committees.
  • Mr. Williams brings deep financial, technical, and operational expertise to the Crestwood board where he will be a member of the compensation committee.

Artificial Lift Systems Market Worth $17 Billion by 2027, Says Global Market Insights, Inc.

Retrieved on: 
Thursday, February 4, 2021

Growing inclination toward devising an economic well recovery process, along with declining production from conventional wells, will boost the onshore artificial lift systems industry demand.

Key Points: 
  • Growing inclination toward devising an economic well recovery process, along with declining production from conventional wells, will boost the onshore artificial lift systems industry demand.
  • Some of the key findings of the artificial lift systems market report include:
    The global market is growing rapidly, owing to the increasing number of mature wells along with revitalizing of aging fields.
  • Key players operational across the artificial lift systems market are Borets, Schlumberger, Halliburton, General Electric and National Oilwell Varco.
  • The upsurge in the number of aging fields is anticipated to be a major driving factor influencing the Middle East & Africa artificial lift systems' market statistics.

Everbridge Announces 2020 Critical Event Management (CEM) Impact Award Winners

Retrieved on: 
Tuesday, December 22, 2020

Past Impact Award winners include BB&T Bank, FedEx Corporation, Santa Barbara County Office of Emergency Management, Alliance Data, Biogen , Chicago Transit Authority, Doctors Hospital at Renaissance , Lowes Companies, Inc ., National Oilwell Varco, New York City Emergency Management Department, South Western Ambulance Service NHS Foundation Trust, State of Connecticut Division of Statewide Emergency Telecommunications, University of Houston, and WellSpan Health.

Key Points: 
  • Past Impact Award winners include BB&T Bank, FedEx Corporation, Santa Barbara County Office of Emergency Management, Alliance Data, Biogen , Chicago Transit Authority, Doctors Hospital at Renaissance , Lowes Companies, Inc ., National Oilwell Varco, New York City Emergency Management Department, South Western Ambulance Service NHS Foundation Trust, State of Connecticut Division of Statewide Emergency Telecommunications, University of Houston, and WellSpan Health.
  • Winners will receive an engraved statuette honoring their dedication to and excellence in critical event management, be highlighted on social media and on Everbridges Critical Event Management Impact Awards page, and receive an invite to participate in testing/feedback sessions during new product development.
  • Everbridge, Inc. (NASDAQ: EVBG) is a global software company that provides enterprise software applications that automate and accelerate organizations operational response to critical events in order Keep People Safe and Businesses Running.
  • Everbridge is based in Boston with additional offices in 20 cities around the globe.

National Oilwell Varco Announces Plan to Adopt New Corporate Name ‘NOV Inc.’

Retrieved on: 
Monday, December 21, 2020

National Oilwell Varco, Inc. (the Company) (NYSE: NOV) announced today plans to change its corporate name to NOV Inc., effective January 1, 2021.

Key Points: 
  • National Oilwell Varco, Inc. (the Company) (NYSE: NOV) announced today plans to change its corporate name to NOV Inc., effective January 1, 2021.
  • Our Company has a long and proud legacy of innovation and technology dating back to the earliest days of the oilfield.
  • We are committed to continuously improving the drilling and production operations of our customers, stated Clay Williams, Chairman, President and CEO.
  • For more than 150 years, NOV has pioneered innovations that enable its customers to safely produce abundant energy while minimizing environmental impact.

NexTier and National Oilwell Varco Announce Agreement to Partner on Field Test of Electric Frac System

Retrieved on: 
Wednesday, November 18, 2020

NexTier Oilfield Solutions Inc. (NYSE: NEX) (NexTier) and National Oilwell Varco, Inc. (NYSE: NOV) (NOV) today announced that the two companies recently entered into an agreement to collaboratively field test NOVs electric fracturing system known as the Ideal eFrac fleet.

Key Points: 
  • NexTier Oilfield Solutions Inc. (NYSE: NEX) (NexTier) and National Oilwell Varco, Inc. (NYSE: NOV) (NOV) today announced that the two companies recently entered into an agreement to collaboratively field test NOVs electric fracturing system known as the Ideal eFrac fleet.
  • Under the terms of the agreement, NexTier and NOV will collaborate to test the operational capability of the Ideal eFrac prototype in the field and under normal operating conditions.
  • This partnership to test NOVs advanced eFrac technology progresses our journey of identifying the best solutions for NexTier and its customers, and evidences our commitment to further reducing our carbon footprint.
  • We are proud of our progress and commitment to provide innovative solutions for the benefit of customers, employees, communities and investors.

National Oilwell Varco Announces Fourth Quarter and Full Year 2020 Earnings Conference Call

Retrieved on: 
Wednesday, November 11, 2020

National Oilwell Varco, Inc. (NYSE: NOV) will hold a conference call to discuss its fourth quarter and full year 2020 results on Friday, February 5, 2021 at 10 a.m. (Central Time).

Key Points: 
  • National Oilwell Varco, Inc. (NYSE: NOV) will hold a conference call to discuss its fourth quarter and full year 2020 results on Friday, February 5, 2021 at 10 a.m. (Central Time).
  • NOV will issue a press release with the Companys results after the market closes for trading on Thursday, February 4, 2021.
  • National Oilwell Varco (NYSE: NOV) is a leading provider of technology, equipment, and services to the global oil and gas industry that supports customers full-field drilling, completion, and production needs.
  • Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations.

Axway works with National Oilwell Varco to innovate and ensure critical business services are online 24/7

Retrieved on: 
Thursday, September 17, 2020

Axway (Euronext: AXW.PA) announced it is integrating with Microsoft Azure to provide an open API platform that helps National Oilwell Varco (NOV) deliver reliable and secure business services around the clock.

Key Points: 
  • Axway (Euronext: AXW.PA) announced it is integrating with Microsoft Azure to provide an open API platform that helps National Oilwell Varco (NOV) deliver reliable and secure business services around the clock.
  • Of those companies, we felt that Axway offered the optimal package of software, services, and support to meet our needs.
  • The solution can divert API traffic automatically in the event of unplanned outages in NOV's cloud and on-premises data centers, improving customer experience by ensuring critical business services are online 24/7.
  • Axway revitalizes heritage IT infrastructures, helping more than 11,000 customers accelerate their digital journeys, add new business capabilities, and drive growth.

National Oilwell Varco Announces Results of Tender Offer for Any and All 2.600% Senior Unsecured Notes Due 2022

Retrieved on: 
Wednesday, August 26, 2020

National Oilwell Varco, Inc. (the Company) (NYSE: NOV) announced today the closing of the previously announced cash tender offer (the Tender Offer) to purchase any and all of the outstanding 2.600% Senior Unsecured Notes due 2022 (the Notes) issued by the Company.

Key Points: 
  • National Oilwell Varco, Inc. (the Company) (NYSE: NOV) announced today the closing of the previously announced cash tender offer (the Tender Offer) to purchase any and all of the outstanding 2.600% Senior Unsecured Notes due 2022 (the Notes) issued by the Company.
  • The Tender Offer expired at 5:00 p.m., New York City time, on August 25, 2020 (the Expiration Time).
  • As of the Expiration Time, $217,068,000 aggregate principal amount of Notes had been validly tendered and not validly withdrawn.
  • This amount excludes $2,963,000 aggregate principal amount of the Notes expected to be tendered pursuant to the guaranteed delivery procedures described in the Offer to Purchase.

National Oilwell Varco Commences Tender Offer for Any and All 2.600% Senior Unsecured Notes Due 2022

Retrieved on: 
Wednesday, August 19, 2020

National Oilwell Varco, Inc. (the Company or NOV) (NYSE: NOV) announced today that it has commenced a cash tender offer for any and all of its outstanding $400,000,000 aggregate principal amount of 2.600% Senior Unsecured Notes due 2022 (CUSIP No.

Key Points: 
  • National Oilwell Varco, Inc. (the Company or NOV) (NYSE: NOV) announced today that it has commenced a cash tender offer for any and all of its outstanding $400,000,000 aggregate principal amount of 2.600% Senior Unsecured Notes due 2022 (CUSIP No.
  • The tender offer is referred to herein as the Offer.
  • The Offer to Purchase and the Notice of Guaranteed Delivery are referred to herein collectively as the Offer Documents.
  • The tender offer consideration for each $1,000 principal amount of the Notes purchased pursuant to the Offer will be $1,035 (the Tender Offer Consideration).

National Oilwell Varco Announces Third Quarter 2020 Earnings Conference Call

Retrieved on: 
Tuesday, August 11, 2020

National Oilwell Varco, Inc. (NYSE: NOV) will hold a conference call to discuss its third quarter 2020 results on Tuesday, October 27, 2020 at 10 a.m. (Central Time).

Key Points: 
  • National Oilwell Varco, Inc. (NYSE: NOV) will hold a conference call to discuss its third quarter 2020 results on Tuesday, October 27, 2020 at 10 a.m. (Central Time).
  • NOV will issue a press release with the Companys results after the market closes for trading on Monday, October 26, 2020.
  • National Oilwell Varco (NYSE: NOV) is a leading provider of technology, equipment, and services to the global oil and gas industry that supports customers full-field drilling, completion, and production needs.
  • Since 1862, NOV has pioneered innovations that improve the cost-effectiveness, efficiency, safety, and environmental impact of oil and gas operations.