NKT Flexibles
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NKT Flexibles
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 . 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%). 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 Petróleo Brasileiro S.A., better known by the portmanteau Petrobras (), ...
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1,000,000
One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian ''millione'' (''milione'' in modern Italian), from ''mille'', "thousand", plus the augmentative suffix ''-one''. It is commonly abbreviated in British English as m (not to be confused with the metric prefix "m", ''milli'', for ), M, MM ("thousand thousands", from Latin "Mille"; not to be confused with the Roman numeral = 2,000), mm (not to be confused with millimetre), or mn in financial contexts. In scientific notation, it is written as or 106. Physical quantities can also be expressed using the SI prefix mega (M), when dealing with SI units; for example, 1 megawatt (1 MW) equals 1,000,000 watts. The meaning of the word "million" is common to the short scale and long scale numbering systems, unlike the larger numbers, which have different names in the two systems. The million is sometimes used in the English la ...
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Manufacturing Companies Of Denmark
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Superporto Do Açu
Superporto do Açu is a South Atlantic Ocean industrial port complex located in the municipality of São João da Barra in the Brazilian state of Rio de Janeiro Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the state of the same name, Brazil's third-most populous state, and the second-most populous city in Brazil, after São Paulo. Listed by the GaWC as a b .... References External links Prumo Logistica Ports and harbours of Brazil {{RiodeJaneiro-geo-stub ...
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Petrobras
Petróleo Brasileiro S.A., better known by the portmanteau Petrobras (), is a state owned enterprise, 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. The company was ranked #181 in the most recent Fortune Global 500 list. In the 2020 Forbes Global 2000, Petrobras was ranked as the 65th-largest public company in the world.' History Petrobras was created in 1953 under the government of Brazilian president Getúlio Vargas with the slogan "The Oil is Ours" (Portuguese: "O petróleo é nosso"). It was given a legal monopoly in Brazil. In 1953, Brazil produced only 2,700 barrels of oil per day. In 1961, the company's REDUC refinery began operations near Rio de Janeiro, and in 1963, its Cenpes research center opened in Rio de Janeiro; it remains one of the world's largest centers dedicated to energy research. In 1968, the company estab ...
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Expansion Joint
An expansion joint, or movement joint, is an assembly designed to hold parts together while safely absorbing temperature-induced expansion and contraction of building materials, and vibration, or to allow movement due to ground settlement or seismic activity. They are commonly found between sections of buildings, bridges, sidewalks, railway tracks, piping systems, ships, and other structures. Building faces, concrete slabs, and pipelines expand and contract due to warming and cooling from seasonal variation, or due to other heat sources. Before expansion joint gaps were built into these structures, they would crack under the stress induced. Bridge expansion joints Bridge expansion joints are designed to allow for continuous traffic between structures while accommodating movement, shrinkage, and temperature variations on reinforced and prestressed concrete, composite, and steel structures. They stop the bridge from bending out of place in extreme conditions, and also allow eno ...
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Flow Line
{{for, the molding defect, Flow marks A flow line, used on a drilling rig, is a large diameter pipe (typically a section of casing) that is connected to the bell nipple (under the drill floor) and extends to the possum belly (on the mud tanks) and acts as a return line, (for the drilling fluid as it comes out of the hole), to the mud Possum Belly The possum belly is used to slow the flow of returning drilling fluid before it hits the shale shakers. This enables the shale shaker to clean the cuttings out of the drilling fluid before it is returned to the pits for circulation. Sample Box Another common add on is the sample box. This is a heavy duty rubber hose that is inserted at the end of the flow line and at the other end emplaced into the sample box itself. The sample box is used to capture samples of drill cuttings for geological logging. The box is typically equipped with a raising door that allows the water and cuttings to escape after a sample is collected. Sting ...
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Drilling Riser
A drilling riser is a conduit that provides a temporary extension of a subsea oil well to a surface drilling facility. Drilling risers are categorised into two types: marine drilling risers used with subsea blowout preventer (BOP) and generally used by floating drilling vessels; and tie-back drilling risers used with a surface BOP and generally deployed from fixed platforms or very stable floating platforms like a spar or tension leg platform (TLP). Marine drilling riser A marine drilling riser has a large diameter, low pressure main tube with external auxiliary lines that include high pressure choke and kill lines for circulating fluids to the subsea blowout preventer (BOP), and usually power and control lines for the BOP. The design and operation of marine drilling risers is complex, and the requirement for high reliability means an extensive amount of engineering analysis is required. When used in water depths greater than about 20 meters, the marine drilling riser has to be t ...
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Kalundborg
Kalundborg () is a Danish city with a population of 16,211 (1 January 2022),BY3: population 1. January by urban areas, area and population density
The Mobile Statbank from
the main town of the municipality of the same name and the site of its municipal council. It is situated on the northwestern coast of the largest Danish island, Zealand (or Sjælland in Danish), on the opposite, eastern side of which lies the capital



Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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National Oilwell Varco
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.About NOV
National Oilwell Varco. Retrieved on August 8, 2018. "About NOV."


History


Background

NOV's two main predecessors, Oilwell Supply and National Supply, were founded in 1862 and 1893, respectively. These two companies manufactured and distri ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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