Introduction to the market

During recent years the offshore oil & gas industry has changed its focus from traditional platform developments towards innovation of subsea solutions and floating productions technology (FPSO/FSO).

This move has been fuelled by the need to develop marginal fields in mature regions as well as the constant effort to develop fields in deeper waters. At the same time tie-back of small satellite fields to existing processing platforms has proven to be economically viable whilst at the same time postponing the abandonment of depleting reservoirs.

NKT 's flexible pipe products are used diversely throughout the world. The offshore oil & gas industry is a major market segment for flexible pipes, and the water industry has benefited from our expertise in producing pipelines since 1968. Flexible pipes are also often used for transport of liquid chemicals.