NOV Announces Opening of Regional Headquarters in Dammam, Saudi Arabia

NOV Inc. (NOV), a leading provider of technology and equipment for the global energy industry, announced the establishment of its regional headquarters in Dammam, Saudi Arabia. The regional headquarters further emphasizes NOV's commitment to the region and to delivering exceptional products, services, and solutions to its valued customers in this vital market.

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Clay Williams, Chairman, President and Chief Executive Officer of NOV and His Excellency Khalid A. Al-Falih, Minister of Investment of the Kingdom of Saudi Arabia (Photo: Business Wire)

Situated at the prestigious Dammam Asharqia Chamber Tower, the facility will serve as a pivotal hub for NOV's operations in the Middle East and will house a talented team of executive leadership, engineers, and professionals’ functions. By consolidating these crucial functions in Dammam, NOV aims to enhance operational efficiency, foster closer collaboration with regional stakeholders, and further strengthen its market position.

To commemorate the establishment of NOV’s regional headquarters, a special ceremony was hosted by Excellency Khalid Al-Falih, the Minster of Investment and attended by Mr. Clay Williams, Chairman, President and Chief Executive Officer of NOV. The event, held in Riyadh highlighted the collaborative efforts between NOV and the Ministry of Investment, underscoring a shared vision for driving economic growth, fostering innovation, and cultivating a thriving energy ecosystem in the region.

“The decision by NOV to set up a regional headquarters in Saudi Arabia is testament to the world-class infrastructure and human capital in the Kingdom and its role as a leading international energy hub. The contributions made through the regional headquarters program are instrumental in bolstering Saudi Arabia’s role as a catalyst in economic development across the Gulf and the broader Middle East,” stated HE Khalid Al-Falih, Minister of Investment.

"Eastern Province is an ideal location for NOV's regional headquarters due to its strategic positioning within MENA, its substantial presence in Oil and Gas operations, and its thriving business environment," remarked Clay Williams, Chairman, President and Chief Executive Officer of NOV. "This will assist us in better serving our customers, enhancing our responsiveness, and fortifying our market standing in this critical region."