KOGT Signs Deal with Offshore Installation

Monday, October 24, 2011

Kongsberg Oil & Gas Technologies (KOGT) signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. The CRIS is a sophisticated new product that will address the risk, safety and cost factors of offshore installations as production moves to deeper waters, further offshore. KOGT will develop, build, deliver to OIG and install the system as a complete ‘package’ on a dedicated installation vessel, which will be built and supplied by OIG. With the CRIS, the installation tower and relevant tensioner clamps on a vessel are replaced by a reel that uses the capstan principle to ensure controlled installation. This significantly reduces the risk of damaging the riser, ensuring simpler, faster and safer product installation, without the need to work at great height. It also allows for simpler vessel architecture and the possibility to design multi-purpose installation vessels. Kongsberg Oil & Gas Technologies is an international technology enterprise that delivers innovative and reliable technical solutions to the oil and gas industry. Headquartered in Sandvika, the company has production, sales and support facilities located in six different countries. Kongsberg Oil & Gas Technologies delivers innovative and technological subsea products and systems through EPC projects. The company also has a series of IT solutions for drilling operations, production, reservoirs and subsea risers and flowlines. Its solutions optimise oil and gas operations through computer control, simulation, integration and analytical tools, as well as through engineering projects and consultancy services, all of which improve operational and financial value.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Shipbuilding

Symphony Sun’ Launched in Leer

On Friday the 29th of April, Nb. 420 was launched in Leer. She was christened ‘Symphony Sun’ and is the fourth vessel in a series of 6 that will be delivered to Symphony Shipping.

SCHOTTEL Debuts EcoPeller with High-torque Gears

Propulsion and steering systems manufacturer SCHOTTEL has unveiled its new EcoPeller (SRE), which it said offers improved efficiency and robustness. Playing a

Fincantieri Delivers Carnival Vista

Carnival Vista, the new flagship of the fleet of Carnival Cruise Line, brand of the Carnival Group, was delivered today at Fincantieri’s shipyard in Monfalcone.

Offshore

Shipping Industry Flying On The Dragon’s Back

As the many Greek players in the shipping industry know well, the legend of Icarus tells us the dangers of flying too high. Merchant vessel earnings eventually

Subsea 7 Profits Dip in Q1

Subsea 7 S.A. announced its financial results for the first quarter ending March 31, 2016, reporting revenues of $746 million, down 37 percent from the prior year period.

Sembcorp Profit Halved as Clients Defer Projects

Revenue falls 30 pct; order book at S$9.7 billion. Singapore rig-builder Sembcorp Marine's quarterly profit halved as customers deferred projects, and it faces

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.0824 sec (12 req/sec)