NOV & Petrobras Collaborate to Develop CO2-Resistant Flexible Pipes

NOV Inc. (NOV) , a global oilfield services firm, has inked an agreement with Petrobras S.A. (PBR) to develop CO2-resistant flexible pipes for deepwater oil and gas operations. The companies mentioned that stress corrosion cracking (SCC), which is caused byhigh CO2 concentration, is a significant challenge in oil and gas operations in deepwater and subsea environments.The collaboration aims to develop stainless steel that will help combat SCC, which affects oil and gas subsea infrastructure. Per the terms o ...