Full-Time
Lead Engineer
Technical Procurement
Posted on 10/4/2025
NOV
10,001+ employees
Global oilfield equipment and services provider
No salary listed
Mumbai, Maharashtra, India
In Person
 Operations & Logistics (4) |
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- Engineering degree (4-year degree) with 8-10 years of demonstrated technical procurement or product engineering experience
- Demonstrated contract negotiations and procurement processes experience in a manufacturing setting
- Supplier development experience in a technological organization
- Clear and concise communication, both written and verbal
- Attentive to details
- Problem Solving
- Action Oriental
- Negotiation
- Time Management
- Result Driven and Accountable
- Strong analytical skills and excellent judgment
- Conflict Management
- Ability to evaluate vendor capabilities
- Working knowledge of ERP systems and MS Office Suite
- Working knowledge of supply chain fundamentals
- Data visualization
- Ability to comprehend technical material specifications/requirements and drawings
- Basic materials science
- Machine design
- Working knowledge of Electro-hydraulic components, seals, bearings, mechanical and electrical hardware articles.
- Working knowledge of machining, welding, painting, and other additive and subtractive manufacturing processes.
- Work closely with the operations teams to understand procurement requirements details and request vendor quotes.
- Participate in the new vendor approval process.
- Capture technical and commercial information and order goods in correct quantities to maintain the supply and demand balance.
- Coordinate with planning teams to gather service PO workscope, generate service POs and communicate information related to the scope and delivery terms with vendors.
- Follow up with vendors and suppliers regarding goods and service procurement and update production teams about delivery date changes when vendor PO due dates are rescheduled.
- Evaluate vendors periodically against the established performance measures.
- Identify and resolve issues with vendors arising throughout the procurement process.
- Identify ongoing procurement process improvement opportunities, review with management and implement as directed.
- Liaise with the account payable department.
- Analyze technical and commercial information from SMEs required to create goods and service PO's.
- Research and obtain technical guidance from engineering and manufacturing experts to resolve technical questions during procurement.
- Coordinate with the quality control department and independent verification authorities to manage inspection and witness activities at the vendor’s site.
- Determine the timing of placing orders for goods based on required dates and lead times.
- Routinely monitor and evaluate logistic arrangements and identify strategies to minimize transportation costs.
- Develop strong relationships with key suppliers and measure suppliers’ performance based on cost, quality, delivery, and service level.
- Analyze the market to identify opportunities to expand the vendor base.
- Determine vendors based on established criteria, negotiate the organization’s purchasing agreements/contracts, and ensure their materials and products meet the company’s specifications.
- Identify sources based on internal global inventory analysis.
- Assist in analyzing supply-demand imbalance to develop strategies to ensure steady and time-phased materials supply.
- Coordinate with global NOV locations to fulfill unmet goods demand.
- Identify potential bottlenecks and implement procurement strategies that support the company goals and long-term outsourcing objectives.
- Routinely study vendor capabilities and new vendor establishments locally and regionally.
- Visit vendor locations to evaluate opportunities to diversify the regional vendor base.
- Identify cost reduction opportunities by comparing multiple sources based on time-studies.
- Coordinate with all shop departments to maintain knowledge of plant operations and equipment design in order to plan effectively.
- Improve logistics process for inventory maintenance, manufacturing, shipment (Import & Export) and delivery, and returns / rejections.
- Keep up to date with ERP system changes, document processes, and manage the introduction of new technologies in the workplace.
- Periodically review non-conformances and engineering changes to ensure suppliers are following correct revisions.
- Comply with local regulations, API and ISO standard requirements.
- Participate in API and ISO audits and represent the NOV purchasing department.
- Perform other work-related tasks as assigned.
- Comply with all NOV Company and HSE procedures and policies.
NOV Inc. supplies equipment, technology, and expertise for the upstream oil and gas industry, designing, manufacturing, and selling drilling and production systems and components. It also offers oilfield services and supply-chain integration across a global network that spans more than 500 locations on six continents. Beyond oil and gas, NOV serves industrial and renewable energy markets, including Fiber Glass Systems, which provides composite piping, fittings, and structures for several industries. Its goal is to help operators run safer, more efficient, and more reliable upstream projects while expanding into energy-transition and other industrial markets.
Company Size
10,001+
Company Stage
IPO
Headquarters
Houston, Texas
Founded
1841
Simplify's Take
What believers are saying
- Energy Equipment bookings hit $520M in Q1 2026, strongest since 2019.
- Subsea facility backlog extends into 2028 amid deepwater demand surge.
- Sanjay Chowbey joins board on March 17, 2026, boosting manufacturing expertise.
What critics are saying
- Q2 2026 revenue declines 4-6% from customer capex cuts.
- Middle East conflict triples freight costs, delaying deliveries through Q3 2026.
- Operating margin drops to 2.3% from 7.2% due to structural inefficiencies.
What makes NOV unique
- NOV invests $200M to double subsea pipe capacity in Açu, Brazil by 2029.
- NOV supplies CO2-resistant flexible pipes for high-CO2 deepwater applications.
- NOV achieves lowest-ever safety incident rates despite Middle East disruptions.
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Benefits
401(k) Retirement Plan
401(k) Company Match
Health Insurance
Dental Insurance
Life Insurance
Paid Vacation
Paid Holidays
Company News
NOV Inc. has announced a $200 million investment to double capacity at its subsea flexible pipe manufacturing facility in Acu, Brazil, over the next several years. The expansion responds to sustained deepwater development demand and an anticipated infrastructure replacement cycle, with current capacity near full utilisation and backlog extending into 2028. On 4 March, Goldman Sachs raised its price target on NOV to $20 from $17 whilst maintaining a Sell rating, noting that structural drivers including production decline offsets should sustain customer investment levels long-term. The Houston-based company supplies equipment, technology and services to the global oil and gas industry. Management believes the expansion positions NOV to capture increasing offshore activity in the multi-year upcycle.
NOV Inc., an oilfield equipment and technology provider, was highlighted as a top performer in Artisan Mid Cap Value Fund's fourth-quarter 2025 investor letter. The company's quarterly earnings exceeded expectations due to strong execution and margin improvement in its energy equipment segment, alongside robust free cash flow generation. NOV demonstrated shareholder-friendly capital allocation through dividends and share repurchases whilst maintaining a conservative balance sheet with low net leverage. The company generated revenues of $2.28 billion in Q4 2025, though it posted a net loss of $78 million. As of 31 March 2026, NOV shares closed at $18.81, with a market capitalisation of $6.86 billion. The stock gained 22.94% over the past 52 weeks, though it declined 3.59% over one month.
NOV announces expansion of subsea flexible pipe manufacturing capacity to support growing demand. GlobeNewswire | NOV Inc. Today at 3:30am PDT * NOV to roughly double the capacity of its manufacturing facility in Brazil over the next three years to support anticipated demand * $200 million capital expansion positions NOV to capture expected growth in offshore development activity and advance solutions for high-CO[2] applications * Sustained high utilization and strong backlog across existing facilities support the need for additional capacity HOUSTON, March 25, 2026 (GLOBE NEWSWIRE) - NOV Inc. (NYSE: NOV) today announced plans to roughly double the capacity of its subsea flexible pipe manufacturing facility in Açu, Brazil, through a $200 million investment over the next three years. "We are expanding our subsea flexible pipe manufacturing facility in Açu, Brazil to support what we see as sustained, long-term demand," said Jose Bayardo, Chairman, President and Chief Executive Officer of NOV. "Along with our key customers, we believe this investment is critical to meeting growing demand driven by deepwater developments and an expected replacement cycle for flexible pipe installations. "Our current manufacturing capacity has been operating at or near full utilization and has a backlog that stretches well into 2028. With the anticipated increase in the development of offshore resources, we believe that the industry's current capacity will be insufficient to meet demand at the end of this decade and into the 2030s without the additional capacity we plan to bring online in late 2029. "This expansion also positions NOV to introduce new technologies, including our CO[2]-resistant subsea flexible pipe designed for high-CO[2] applications, which has the potential to expand the market for flexible pipe. "NOV is uniquely positioned to lean into this compelling growth opportunity as our facility in Açu was originally designed to be able to complete this type of expansion at a fraction of the cost of building a greenfield plant with comparable capacity." Flavio Bretanha, Executive Manager for Subsea Systems at Petrobras, stated, "As the world's largest consumer of subsea flexible pipe, we support NOV's investment in Brazil, which expands local manufacturing capacity. Subsea flexible pipe is a critical component in enabling Petrobras to achieve its offshore production targets, consistent with our broader production strategy. NOV has long served as a trusted partner for Petrobras, and we look forward to continuing our collaboration to advance technologies that enhance reliability, safety, and operational performance." The $200 million investment plan will result in an approximately $50 million increase to the Company's 2026 capital expenditure plan. NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely and efficiently produce abundant energy while minimizing environmental impact. NOV powers the industry that powers the world. Cautionary Statement for the Purpose of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995 Statements made in this press release that are forward-looking in nature are intended to be "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and may involve risks and uncertainties. These statements may differ materially from the actual future events or results. Readers are referred to documents filed by NOV with the Securities and Exchange Commission, including the Annual Report on Form 10-K, which identify significant risk factors which could cause actual results to differ from those contained in the forward-looking statements. These statements speak only as of the date of this document, and we undertake no obligation to update or revise the statements, except as may be required by law. Visit www.nov.com for more information. This is a paid placement. For further inquiries, please contact GlobeNewswire directly.
NOV Inc. has appointed Sanjay Chowbey, president and CEO of Kennametal Inc., to its board of directors, effective 17 March 2026. Chowbey will also serve on NOV's audit committee. Chowbey brings over 20 years of experience leading global manufacturing and industrial technology businesses. At Kennametal, a global manufacturer of advanced tooling and engineered components, he also serves on the board. Previously, he held senior positions at Flowserve Corporation, Danaher Corporation and Arvin Meritor. He holds degrees in mechanical engineering from B.I.T. in India and Tennessee Technological University, plus an MBA from Northwestern University's Kellogg School of Management. With Chowbey's appointment, NOV's board now comprises nine directors, eight of whom are independent.
NOV appoints Sanjay Chowbey, President & CEO of Kennametal Inc., to the Board of Directors. GlobeNewswire | NOV Inc. Today at 3:00pm PDT HOUSTON, March 17, 2026 (GLOBE NEWSWIRE) - NOV Inc. (NYSE: NOV) announced today that Sanjay Chowbey has been appointed to the Company's Board of Directors (the "Board"), effective March 17, 2026. "We are pleased to welcome Sanjay Chowbey to our board of directors," said Jose Bayardo, Chairman, President, and Chief Executive Officer. "Sanjay brings a successful track record of leading high-quality global industrial companies and extensive experience driving manufacturing and operational excellence. We are confident that Sanjay's expertise will help drive additional value for NOV's shareholders." Mr. Chowbey has more than 20 years of experience leading global manufacturing and industrial technology businesses, including in his current role as the President and Chief Executive Officer of Kennametal Inc. (NYSE: KMT), a global manufacturer of advanced tooling, wear-resistant materials, and engineered components. Mr. Chowbey also serves on Kennametal Inc.'s board of directors. Prior to his current role, Mr. Chowbey served as the President of Kennametal Inc.'s Metal Cutting segment. Before his time at Kennametal Inc., Mr. Chowbey served in various roles of increasing seniority across several prominent global industrial companies, including as the President of Flowserve Corporation's (NYSE: FLS) Services and Solutions business, as well as roles with Danaher Corporation and Arvin Meritor, Inc. Mr. Chowbey is also a member of the Board of Directors for the National Association of Manufacturers (NAM). Mr. Chowbey earned a Bachelor of Science in Mechanical Engineering from B.I.T. in Sindri, India, a Master of Science in Mechanical Engineering from the Tennessee Technological University, and a Master of Business Administration from the Kellogg School of Management at Northwestern University. Mr. Chowbey will serve on NOV Inc.'s Audit Committee upon his appointment to the Board. With the appointment of Mr. Chowbey, the Board is composed of nine directors, eight of whom are independent members. About NOV NOV delivers technology-driven solutions to empower the global energy industry. For more than 150 years, NOV has pioneered innovations that enable its customers to safely and efficiently produce abundant energy while minimizing environmental impact. NOV powers the industry that powers the world. Visit www.nov.com for more information. This is a paid placement. For further inquiries, please contact GlobeNewswire directly.