NKT to Develop Flexible CO2 Pipes, Offshore Oil and Gas Reports
Stock Chart for NKT Holding A/S (NKT)
NKT Holding A/S unit NKT Flexibles has started a three-year program aimed at developing flexible pipes for carbon-dioxide applications, Offshore Oil and Gas Magazine said on its website citing unnamed sources at the Brondby, Denmark-based company.
The pipes could be used in hydrocarbon production from deepwater, high-pressure reservoirs with a high CO2 content or for CO2 reinjection for enhanced oil production or carbon capture and storage, Offshore Oil and Gas reported.
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