Latest NOV News & Updates

See the latest news and media coverage for NOV. We track all announcements, press releases, and industry mentions in real time, all in one place.

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NOV

Oilfield equipment and technology provider

nov.com
Headquarters
Houston, United States
Company type
Public company
Number of employees
35,000+

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Latest news about NOV

In short: NOV faced a net income decline to $19M in Q1 2026 due to Middle East disruptions, while maintaining its capital return plan and dividend growth.

Company announcements

NOV

NOV announces expansion of subsea flexible pipe manufacturing capacity

The $200 million investment will roughly double capacity at its Açu, Brazil facility to meet growing demand.

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Media coverage

Seeking Alpha

NOV outlines 2026 cost-out acceleration and targets $100M in annualized savings amid challenging market conditions

Bayardo shared, "We expect overall upstream spending to contract slightly from 2025 levels with reductions in North America being greater than international and offshore markets...

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