NKT Flexibles, now part of National Oilwell Varco, has also been building up local capacity, and is gaining momentum in developing more advanced products.
The moves are disappointing for rigid pipe specialists. Saipem has invested in a new logistics base and fabrication yard at Guaruja, near Santos, and this commitment was partly based upon expectations that Petrobras would be moving increasingly toward rigid-pipe based subsea umbilical, riser and flowline projects on its production platforms.
The
