AX-S System Challenges Up for Discussion

SeaDiscovery.com
Friday, November 08, 2013

The AX-S system, a world first in light well intervention, is to be the topic of discussion at a major oil and gas industry event in Aberdeen next week.

Following more than £120 million of investment and eight years of research and development, the AX-S well intervention system used remote-controlled subsea tools and was the first technology in this field that could be deployed from a construction vessel and operate in depths of up to 10,000ft. The business which developed the system subsequently went into administration on September 1, 2012, with the loss of 40 jobs.

Andrew Reid, Group CEO at Douglas Westwood, a provider of business strategy, research and commercial due-diligence services to the energy sector, will give an in-depth analysis of the AX-S case study during his keynote address at the 19th SPE ICoTA Well Intervention Conference and Exhibition.

Mr. Reid will examine the technical successes and challenges faced by the company and its partners during the development of AX-S.

Speaking ahead of the conference, Mr. Reid said, “The AX-S system has been an important step change in the well intervention industry. The development process and the implementation of AX-S have highlighted a number of key learning points that will be of interest to both oil services companies, which may be looking to develop revenue opportunities from new intervention technologies, and exploration and production firms, which could benefit both operationally and commercially.”

John Donachie, conference chairman and managing director of Omega Completion Technology Limited, said, “The SPE ICoTA Well Intervention conference is a well-established, successful event and this year we have already seen a high level of delegate bookings as well as all exhibition space sold out.”

Donachie added, “It is extremely encouraging to see how the show has grown into a major industry event, which attracts technical experts from all across Europe. Information exchange and focused discussion on industry successes and failures are key to the longevity of the industry and we strive to ensure that the SPE ICoTA Well Intervention Conference remains one of the leading forums for doing this.”

The SPE ICoTA Well Intervention Conference & Exhibition takes place on November 13-14 at Aberdeen Exhibition and Conference Center.

A preconference short course, “An Introduction to Well Intervention” will kick off the event on November 12. The event is aimed towards those looking to gain a basic understanding of well intervention operations or looking for a refresher, as well as students and graduates.

The ICoTA European Chapter Innovation Award 2013 will also be announced during the conference on Wednesday, November 13. The award recognizes a company operating within the energy sector and acknowledges its technical innovations in the area of well intervention.

pe-uk.org

icota-europe.com
 

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Environmental

ExxonMobil Debuts Premium AFME 200

To help shipowners meet strict new emission mandates, ExxonMobil expanded its range of fuels for use within Emission Control Areas (ECA) with the introduction of

Ecochlor BWTS

Ballast water treatment technology developer Ecochlor Inc. presented a project case study at CMA Shipping 2015, a case study which covered the retrofit of Ecochlor’s

GEA UV Ballast Water Treatment

Earlier this year GEA won the first contract for equipping cruise liners with its UV ballast water treatment system, BallastMaster marineX, powered by Trojan Marinex.

Energy

BHGI-designed ATB Unit Under Construction

Bristol Harbor Group, Inc. (BHGI) informs it is currently completing the detail design phase of a 399’ x 74’ x 30’ 80,000 BBL double hull oil tank barge and a 120’

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

Lagos Port Drags on Africa's Top Economy

Ruling party reforms improved Apapa port; shippers still face delays and corruption. The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports,

News

US Designates Three Marine Highway Projects

U.S. Transportation Secretary Anthony Foxx has designated three new Marine Highway Projects.   The Mississippi and Illinois Rivers, previously designated as the M-55 and M-35,

Long Beach Picketers Not Striking -Port CEO

Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike.

Baltic Index Flat on Muted Shipping Activity

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, remained flat on Monday on muted shipping activity.   The overall index,

Maritime Safety

IMO Forum Aims to Rebuild Somalia's Maritime Sector

A three-day Stakeholders Forum will be held April 27-29 to review draft guidelines for the establishment of a Somalia Maritime Administration, coordinated and funded

London P&I Club Issues Recommendations on Bauxite Cargoes

The London P&I Club has issued a list of recommendations to owners contemplating the carriage of bauxite cargoes in the wake of renewed concerns about the dangers

Shipoweners Warned to be Prepared for Migrant Rescues

The North P&I club has warned its shipowner members of the need to be properly prepared to meet their moral and legal obligations to rescue migrants at sea. In

Offshore Energy

Intelligent Fender System Completes Offshore Trial

Strainstall, part of James Fisher and Sons plc, announced the completion of the world’s first Intelligent Fender System (IFS) trial with energy companies SSE and RWE at Suffolk-based wind farm,

Maritime Tension Dominates Southeast Asia Summit

Southeast Asian leaders edged closer to open criticism of China's land reclamation in the disputed South China Sea at a regional summit on Monday, as the Philippines

JSMEA Offers Access to Japan’s Offshore Suppliers

New website and brochure provide a comprehensive list of Japanese suppliers to the offshore industry The Japan Ship Machinery and Equipment Association (JSMEA)

 
 
Maritime Contracts Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1810 sec (6 req/sec)