Amid the continued presence of COVID-19 and distressed market conditions, the question of transformation is on the oil and gas industry’s mind now more than ever. What will the future of oil and gas look like, what will remain the same and what will need to change? National Oilwell Varco (NOV) is at the fore of answering this question in the oilfield service sector.

As one of the leading global providers of onshore and offshore equipment and technology, the firm continues to invest in new technologies and seek forward-looking solutions to industry challenges, according to Clay Williams, chairman, president and CEO of NOV.

Williams recently provided an exclusive video interview in which he shared his views on the way forward for oilfield service companies.

The following is a transcription of that interview, edited for style and clarity. The full video interview can be found at

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