National Oilwell Varco (NOV) is a worldwide leader in the design, manufacture and sale of equipment and components used in oil and gas drilling and production. Additionally, it is a worldwide leader in the provision of oilfield inspection and other services, and supply chain integration services to the upstream oil and gas industry.
Furthermore, NOV evaluates its suppliers in six key areas. These are quality, delivery, wavelength, cost management, technical support, and lead time reduction. Based on rating in each of the areas, they review and establish a supplier rating annually. In 2016, NASCO received the Key Supplier Excellence Award for the second year in a row.