Deadline Looms to Apply for Subsea Tech Funding

Friday, October 07, 2011

ITF is calling on technology developers to come forward with innovative solutions to drilling, well intervention and subsea challenges, with the potential for successful proposals to receive up to 100% funding. Submission deadlines are fast approaching for three global calls for proposals, following the identification of key priorities at a series of Technology Challenge Workshops (TCWs) by ITF members earlier this year.
The calls for drilling and well intervention solutions follows on from two workshops held in Amsterdam earlier this year, where a number of operators and service companies identified the shared challenges where they would like to see innovative technologies developed.
The call for proposals for subsea technologies was the result of Technology Challenge Workshops which took place in London and Perth, Australia, where ITF has also recently established a new office.
Neil Poxon, Managing Director of ITF said: “Finding new and innovative ways of drilling is a top priority of research and development for oil and gas operators around the world. Improving efficiencies in this area is crucial for the industry as it faces increasingly testing frontiers of exploration.
“Similarly, with sustained high oil prices, more marginal wells are proving to be economically viable so novel technologies are required to increase oil recovery through various forms of intervention.”
The drilling call is an open invitation for organisations to submit high quality proposals for research, development and/or field trials of potential solutions to deal with issues faced in the sector. The main problems to be addressed are:
- Improved well control
- Improved blowout response
- Formation support while drilling
- Zonal isolation of reservoir sections
- Improved information recovery from the drillstring while drilling
- Improved Pressure and Temperature (PT) sensors for High Pressure High Temperature (HPHT) wells and heavy oil
Likewise, the well intervention call has been issued to attract proposals which could lead to technology solutions for the challenges identified by ITF members. Specific areas of focus include:

Pressure control equipment
In-line monitoring for: gas leaks, hydrates, system pressure loss
Improved tree design
Annulus intervention technologies
Other technology solutions which are identified in the call include: a downhole camera that can ‘see’ in any wellbore fluid environment, improved cased hole logging tools, a sand control solution which can be retrofitted and improved intervention planning tools.
Specific areas of interest highlighted for the subsea call incorporate:
·         Subsea power
·         Flow assurance
·         Subsea separation
·         Temperature management
·         Pipeline integrity management / cost reduction
·         Low cost intervention
·         Specific Australian regional challenges
Poxon added: “I would urge interested companies developing new subsea technologies to get in touch as our members are currently very interested in funding new projects in this field. We work right across the oil and gas spectrum from subsurface to production, drilling and wells and are constantly on the search for new technologies that address our members’ priorities. Our door is always open to novel ideas.”
By submitting their proposals to ITF technology developers have the opportunity for their ideas to be reviewed by major oil and gas players and could also secure funding to realise their novel technologies, whilst retaining full intellectual property rights.
The deadlines for the well intervention and subsea technologies proposals are October 13, 2011, and 4 November 2011 for proposals in response to the drilling call. Interested companies can find out more by calling the ITF office in Aberdeen on +44 (0)1224 222410 or visit www.oil-itf.com
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

MSC Cruises Advance Onboard Wi-Fi System

MSC Cruises has started a fleet-wide optimization installed by Marlink to improve shipboard VSAT (Very Small Aperture Terminal) connectivity. MSC Cruises said it

New Training for Man Overboard Response

Falling overboard is a life-threatening emergency, not only for the person in question but also for those involved in their rescue. Every step in the rescue process

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Offshore

Andrews to Lead CWind’s O&M Division

Lee Andrews has been appointed as CWind’s new global head of operations for maintenance and asset management (O&M) services.   Andrews joins CWind from Siemens

Maersk Drilling gets Extension for Jack-Up

Maersk Drilling, is a unit in shipping and oil conglomerate A.P. Moller-Maersk. Hess has exercised the four one-well options included in the current contract for the jack-up rig Maersk Resolute.

Odd Arne Slettebø new CFO of “Noreco”

Norwegian Energy Company ASA has appointed Odd Arne Slettebø as Chief Financial Officer (CFO). Odd Arne Slettebø replaces Tommy Sundt who has been appointed new CEO of the Company.

Marine Equipment

US Orders Trawler with Common-Rail Technology

Tier II-compliant 32/44CR technology to deliver fuel efficiency, low emissions and improved productivity   MAN Diesel & Turbo has received an order for an MAN

New McAllister Tug Features JonRie Winch Set

JonRie Marine Winches supplied its fifth ship set of full bollard pull winches to New York’s McAllister Towing for installation on its new tug, Tate McAllister.

Fincantieri Sign MoUs with Carnival & CSSC

Fincantieri, the world leader in the construction of cruise ships, has signed two memorandums of understanding, respectively with Carnival Corporation, the world’s largest cruise line,

Marine Science

ST Engineering Rejigs Top Deck

Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the

Everett College to Launch New Research Boat

Everett Community College’s Ocean Research College Academy (ORCA) will launch its new research vesel on November 22 with a celebration at 11 a.m. at the Port of Everett.

EMGS to Map Brazil's Gas Hydrates

Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.8383 sec (1 req/sec)