Thread regarding National Oilwell Varco Inc. layoffs

National Oilwell Varco settles $25M to settle with the Justice Department and other U.S. authorities over allegations of sanctions violations

https://www.treasury.gov/resource-center/sanctions/CivPen/Documents/20161114_varco.pdf

by
| 1822 views | | 2 replies (last November 16, 2016) | Reply
Post ID: @OP+KnYs7Z0

2 replies (most recent on top)

Well that's funny. When asked what the ultimate destination of an order would be a lot of NOI folks and particularly Dreco Canadians would say either Iowa or something else starting with "i" (Idaho as I recall) for Iran or Iraq. It's really not shocking that these bad, illegal and management ignored (but known about) practices are finally catching up to NOV. Anyone who questioned this behavior was blackballed and eliminated because saving the job, their power or their bonus was more important for sales and managers than the law or any pawn's career and livelihood.

by
| | Reply
Post ID: @1wmd+KnYs7Z0

They sell Drill Pipe to Russia...its on sanctions list.

by
| | Reply
Post ID: @mti+KnYs7Z0

Post a reply

: