NKT

National Oilwell Varco, Inc. announced the closing of its previously announced acquisition of NKT Flexibles I/S (“NKT”), a Denmark based designer and manufacturer of flexible pipe products and systems for the offshore oil and gas industry. Pete Miller, Chairman, President and CEO of National Oilwell Varco, stated “The integration of NKT’s highly technical …

NKT, a joint venture between NKT Holding and Subsea 7 S.A., is based in Denmark. The company designs and manufactures flexible pipe products and systems for the offshore oil and gas industry, including products associated with Floating Production, Storage and Offloading vessels (“FPSO’s”) and other offshore vessels, as well as …