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National Oilwell Varco Announces Resignation of Mark Reese



  National Oilwell Varco Announces Resignation of Mark Reese

Business Wire

HOUSTON -- April 29, 2013

National Oilwell Varco, Inc. (NYSE: NOV) announced today that Mark A. Reese
resigned on April 29, 2013 as President – Rig Technology to pursue other
business opportunities.

Pete Miller, Chairman and CEO of National Oilwell Varco, remarked, “In his 33
years with NOV, Mark has literally worked his way up from the field to become
the President of our largest business segment. Along the way, Mark has
performed every task we have asked of him in a selfless and exemplary manner.
We will all miss Mark and his contributions to NOV’s success; everyone here
wishes him all the best in his future endeavors.”

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.

Statements made in this press release that are forward-looking in nature are
intended to be "forward-looking statements" within the meaning of Section 21E
of the Securities Exchange Act of 1934 and may involve risks and
uncertainties. These statements may differ materially from actual future
events or results. Readers are referred to documents filed by National Oilwell
Varco with the Securities and Exchange Commission, including the Annual Report
on Form 10-K, which identify significant risk factors which could cause actual
results to differ from those contained in the forward-looking statements.

Contact:

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