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

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


Newport News Shipbuilding Converts to Natural Gas

Huntington Ingalls Industries (HII) announced today that its Newport News Shipbuilding division has converted its steam-generation plant from heavy fuel oil, also known as Bunker C,

Wärtsilä 31 Engine for Aker ARC 124 Icebreaker

The recently introduced Wärtsilä 31 engine, which has been acknowledged by Guinness World Records as being the world's most efficient four-stroke diesel engine,

EfficienSea2 Rolls out Maritime Cloud

The Danish-led e-navigation project, EfficienSea2, got one step closer to being launched when a core element of the project – Maritime Cloud – was debated by a


US Senators Introduce Bill to Limit Offshore Drilling

A group of U.S. Senators on the West Coast have introduced a bill Wednesday aiming to prohibit offshore drilling on the outer continental shelf of California, Oregon and Washington.

Danish-South Korean Co-operation Strengthened

The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister

Seadrill Hopes to See Market Turn in 2017

Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.   Rig rates have more


Yacht Adrift in the North Sea

A yacht has gone adrift in the North Sea after losing steering in difficult weather conditions, reports the U.K. Maritime and Coastguard Agency (MCA).   One man

LNG Tanker Smash Sinks Cargo Ship

The 2002-built, 8,850-dwt freighter Flinterstar is owned by Dutch shipping firm Flinter has sank after colliding nearly head on with the Marshall Islands-flagged

Search for Ship Lost in Hurricane a Big Challenge

Deep seas may complicate efforts to find the sunken U.S. cargo ship lost off the Bahamas during Hurricane Joaquin, a federal safety investigator said, as a search

Marine Equipment

Chevron Cylinder Oil Gains NOL from Wärtsilä

Chevron Marine Lubricants’ 100BN cylinder oil, Taro Special HT 100 has received approval for its use in another engine range – products made by Winterthur Gas & Diesel Ltd.

Hapag-Lloyd Announce Service Improvement

For the benefit of increased schedule reliability, Hapag-Lloyd and partner lines have decided to take the following measures: Implementation of a fourth vessel

Volvo Penta Doubles Service Interval

Volvo Penta today announced a new extended service interval for its commercial marine diesel engines.   Under the new program, owners can double the maximum oil change interval to 1,

Marine Science

Danish-South Korean Co-operation Strengthened

The Danish-South Korean Green Growth Alliance met for roundtable talks yesterday. The Minister for Business and Growth's meeting with the South Korean Minister

Approvals Launch VIKING Nadiro into New Markets

New lifeboat release systems and bracket type approvals for VIKING Nadiro SOLAS products are extending the company’s core capabilities beyond cargo to offshore

Friendship to Green Ships

Korea and Denmark both have ambitious national plans for a transition to greener and more energy efficient economies.    The Danish-South Korean Green Growth Alliance met for roundtable talks.

Maritime Contracts Maritime Security Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Sonar
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: 0.1783 sec (6 req/sec)