Overview

France's Coflexip S.A. is the holding company for the operations of Coflexip Stena Offshore and subsidiaries, one of the world's leading subsea contractors. Coflexip designs, manufactures, and implements systems and products that enable offshore and deepwater oil exploration and drilling, the laying and protection of telecommunications cables, and other subsea construction products, and is the world leader in the design and manufacture of subsea robotics systems. The company also provides turnkey design, engineering, and construction services. One of the pioneers in its field, Coflexip has played a prominent role in the development of ultra-deepwater projects; the inventor of flexible pipe is the world's leading producer of systems permitting oil exploration companies to tap the vast oil reserves of the world's oceans. In 1998 Coflexip has continued to break its own world depth records, laying flexible pipe at a depth of 1,709 meters and rigid pipe at 1,373 meters, both off the Brazilian coast. Coflexip expects to be able to break the 2,500-meter mark by the year 2000. Read more: https://www.referenceforbusiness.com