NKT Flexibles is a supplier of flexible pipelines for the
offshore
Offshore may refer to:
Science and technology
* Offshore (hydrocarbons)
* Offshore construction, construction out at sea
* Offshore drilling, discovery and development of oil and gas resources which lie underwater through drilling a well
* Off ...
and chemical industries based in
Denmark
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, song_type = National and royal anthem
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, subdivision_name = Danish Realm, Kingdom of Denmark
...
. NKT Flexibles was acquired by the
Houston, Texas
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in ...
-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
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 acces ...
between NKT (51%) and Subsea 7 S.A. (49%). It has production facilities in
Kalundborg
Kalundborg () is a Danish city with a population of 16,211 (1 January 2022),Brøndby, Denmark.
The company produces dynamic and static risers, static flowlines, subsea and topside jumpers, and
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 seis ...
s 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 (), is a state owned enterprise, state-owned Brazilian multinational corporation in the petroleum industry headquartered in Rio de Janeiro, Brazil. The company's name transla ...
. The agreement, worth up to , included the establishment of a Brazilian production facility located in the Acu Superport.