• Risk Management

    Considering the effect on water, air, and land prior to implementing projects and manufacturing products is essential to developing and demonstrating environmental management practices. Awareness, early identification, and improving technologies and processes of our day-to-day operations allow us to focus on minimizing energy, fresh water, and resource use, and waste generation. NOV is constantly working to better our environmental management and risk by performing audits and due-diligence. Environmental audits are regularly performed on existing facilities to meet regulatory obligations and to meet or exceed industry standards. Due-diligence consists of evaluating locations and sites to analyze their purchase or lease potential.

    Findings from these audits manifest themselves in corrective actions that are intended to reduce potential negative environmental effects and to meet regulatory obligations. For example, NOV is currently working to meet obligations in Alberta, Canada by installing new fuel tanks with containments as directed by the Petroleum Tank Management Association of Alberta. Also, NOV constantly works to identify and address areas that need containments to proactively manage operational materials. To further protect water discharge areas, NOV has installed several oil-water separators and water treatment systems to reduce the amount of water used annually at our facilities as well as to meet regulatory specifications. Active efforts to contain, minimize, and eliminate sources for spills and contamination have proven to be an essential part of operating efficiently, effectively, and ethically.