National Oilwell Varco Declares Regular Quarterly Dividend

  National Oilwell Varco Declares Regular Quarterly Dividend

Business Wire

HOUSTON -- February 21, 2013

National Oilwell Varco, Inc. (NYSE: NOV) today announced that its Board of
Directors declared the regular quarterly cash dividend of $0.13 per share of
common stock, payable on March 29, 2013 to each stockholder of record on March
15, 2013.

National Oilwell Varco is a worldwide leader in the design, manufacture and
sale of equipment and components used in oil and gas drilling and production
operations, the provision of oilfield services, and supply chain integration
services to the upstream oil and gas industry.

Contact:

National Oilwell Varco, Inc.
Jeremy Thigpen, (713) 346-7301