National Oilwell Varco in OCTP deal with Eni

  • Business & Finance

Flexibles, a Group of National Oilwell Varco, has secured an order from ENI and its Partners Vitol and GNPC in West Africa.

Flexibles has been awarded a large volume, multi-year flexible pipe project including a variety of flexible risers and flowlines. In total, Flexibles will supply in excess of 120km flexible pipe structures to Italian energy giant ENI during Y2016 and Y2017 for the OCTP project offshore Ghana.

“The award of this hugely important and massive project is the result of a long-standing dedicated strategic effort to increase the value proposition of flexible pipe systems,” says President, Subsea Production Systems, Michael C. Hjorth.

“Even in the current challenging market conditions we persevere in our efforts to expand our product offering. This order is a testament to the recognition in the market of the value of our efforts, and we are excited that ENI and its Partners Vitol and GNPC have shown NOV the confidence of being their nominated partner for the OCTP project.”

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