National Oilwell Varco, Inc. announced that Chairman and Chief Executive Officer Merrill A. “Pete” Miller, Jr. has informed the Board of Directors that he intends to step down from those positions contemporaneous with the completion of the previously announced plan to spin off to its shareholders its Distribution Business as an independent, publicly traded company. Mr. Miller will become the Executive Chairman of that publicly traded distribution company on the effective date of the spinoff.

National Oilwell Varco (NOV) completed the acquisition of Robbins & Myers on February 20, 2013. “Robbins & Myers has an excellent reputation in the industries it serves, and the merger of these two companies will provide us with an incredible opportunity to expand the products and services offered to our customers,” said Pete Miller, Chairman and CEO of National Oilwell Varco.

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

National Oilwell Varco, Inc. and Robbins & Myers, Inc. jointly announced that National Oilwell Varco’s acquisition of Robbins & Myers is complete.

National Oilwell Varco, Inc. announced that Clay Williams has been named President and Chief Operating Officer of National Oilwell Varco.

National Oilwell Varco, Inc. and Robbins & Myers have entered into an agreement under which National Oilwell Varco will acquire Robbins & Myers, Inc. in an all cash transaction that values Robbins & Myers at approximately $2.5 billion.

National Oilwell Varco, Inc. announced that it has entered into an agreement with Schlumberger Limited to purchase its Wilson distribution business segment. Terms of the all-cash transaction, which remains subject to customary closing conditions, including regulatory approval, were not disclosed.

National Oilwell Varco announced that it has signed a definitive agreement to acquire NKT Flexibles I/S (“NKT”) for approximately US $670 million or 3,800,000,000 Danish Kroner in cash. NKT, a joint venture between NKT Holding and Subsea 7 S.A., is based in Denmark.

National Oilwell Varco announced that Mr. Loren Singletary has been promoted to Vice President Investor & Industry Relations, and Mr. David Reid has been promoted to Senior Vice President of Global Accounts & Chief Sales Officer.

National Oilwell Varco, Inc. announced that Robert Workman, the Company s President – Distribution Services, has been named President – Distribution & Transmission of National Oilwell Varco and have Distribution Services business group and Transmission business group report to him.