Type | Subsidiary |
---|---|
Industry |
|
Founded | 1999 |
Founder | NKT Cables |
Headquarters | , Denmark |
Owners | |
Parent | NOV Inc. (2012-present) |
NKT Flexibles is a supplier of flexible pipelines for the offshore and chemical industries based in Denmark. NKT Flexibles was acquired by the Houston, Texas-based company National Oilwell Varco (renamed NOV Inc. in 2021) in 2012 for 3.8 billion kr.. [1] The company was formed in 1999 when it was split off from NKT Cables to form a joint venture between NKT (51%) and Subsea 7 S.A. (49%). [2] It has production facilities in Kalundborg, Denmark and offices in Brøndby, Denmark.
The company produces dynamic and static risers, static flowlines, subsea and topside jumpers, and expansion joints for use in the offshore oil and gas industry. The NKT flexible pipe is an unbonded structure consisting of helically wound metallic armour wires or tapes combined with concentric layers of polymers, textiles, fabric strips and lubricants.
In May 2011, the company announced its second frame agreement with Brazil oil company Petrobras. The agreement, worth up to 9.7 billion kr., included the establishment of a Brazilian production facility located in the Acu Superport. [3]
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker or can be a vessel built specially for the application. A vessel used only to store oil is referred to as a floating storage and offloading (FSO) vessel.
Petróleo Brasileiro S.A., better known by the acronym Petrobras, is a state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name translates to Brazilian Petroleum Corporation — Petrobras.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through three reporting segments: Rig Technologies, Wellbore Technologies, and Completion & Production Solutions.
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The Bouri Offshore Field is part of Block NC-41, which is located 120 kilometers (75 mi) north of the Libyan coast in the Mediterranean Sea. It was first discovered in 1976 at a depth of 8,700 feet (2,700 m) and is estimated to contain 4.5 billion barrels (720,000,000 m3) in proven recoverable crude oil reserves and 3.5 trillion cubic feet (99 km3) of associated natural gas with an annual production potential of 6 billion m³. Bouri is considered the largest producing oilfield in the Mediterranean.
The Tupi oil field is a large oil field located in the Santos Basin, 250 kilometres (160 mi) off the coast of Rio de Janeiro, Brazil. The field was originally nicknamed in honor of the Tupi people and later named after the mollusc, however it was also ambiguously similar to the name of former Brazilian president Luiz Inacio Lula da Silva. It is considered to be the Western Hemisphere's largest oil discovery of the last 30 years.
NKT A/S is an industrial holding company with interests in power cables and wires as well as optical components, lasers and crystal fibres.
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Cameron International Corporation though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, a Schlumberger Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.
CRC-Evans Pipeline International is a division of Stanley Oil & Gas, part of Stanley Black & Decker, a Fortune 500 American manufacturer of industrial tools and household hardware headquartered in New Britain, Connecticut. Stanley Black & Decker is the result of the merger of Stanley Works and Black & Decker on March 12, 2010. CRC-Evans supplies energy infrastructure technology and services to the oil and gas industry and owns approximately 129 patents. The company maintains strategic agreements with key onshore and offshore contractors such as Tenaris, Technip, and Subsea 7.
Sapura Energy Berhad is a Malaysian integrated oil and gas services company based in Seri Kembangan, Selangor. Sapura Energy trades in over 20 countries, such as China, Australia, United States of America, and those in Western Africa and the Middle East, employing approximately 13,000 people. Sapura Energy's operations cover exploration, development, production, rejuvenation, decommissioning, and abandonment. The company was formed via a merger between SapuraCrest and Kencana in May 2012 and trades on the Main Market of Bursa Malaysia Securities Berhad. The company was renamed as Sapura Energy Berhad on 24 March 2017.
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TechnipFMC plc is a French-American, UK-domiciled global oil and gas company that provides complete project life cycle services for the energy industry. It was ranked 23rd among world's Top 225 International Design Firms in the year 2017 by Engineering News-Record. The company was formed by the merger of FMC Technologies of the United States and Technip of France that was announced in 2016 and completed in 2017. TechnipFMC acts in three distinct segments: subsea, offshore/onshore, and surface projects. These projects include offshore oil and gas exploration and extraction platforms, rigs, crude oil refinery, petrochemical plants such as Ethylene, Hydrogen, SynGas plants, Naptha, Benzene etc. plastics & rubber industry, fertiliser plant, onshore as well as floating LNG plants. The company is legally domiciled in the UK, and has major operations in Houston and Paris where its predecessor companies were headquartered. It has about 23,000 employees from 126 nationalities and operates in 48 countries. TechnipFMC stock is listed on the NYSE and Euronext Paris exchange, and is a component of the CAC Next 20 and the Dow Jones Sustainability Index. The French government owns a 4 percent stake in the company.
A cable protection system (CPS) protects subsea power cables against various factors that could reduce the cable's lifetime, when entering an offshore structure.