Statoil, ABB Enter Subsea Technology Agreement
Statoil and ABB have entered an agreement to develop solutions for subsea electrical power transmission, distribution and power conversion systems for water depths down to 3,000 meters and over long distances. The agreement is in the form of a cost-shared joint industrial program (JIP) led by Statoil on behalf of other participating oil companies, with ABB as the technology developer. The agreement follows a large subsea electrification study executed jointly by Statoil and ABB during 2012. “The JIP will develop technologies needed to provide electrical power to subsea pumps, electrical submersible pumps and subsea gas compressors for projects on the Norwegian continental shelf…
Volvo Penta, Yamaha Motor Partnership
AB Volvo Penta and Yamaha Motor Co., Ltd have entered into a technological agreement to develop boat control system. Through the wholly owned electronics company, CPAC Systems, Volvo Penta is developing world-leading electronic solutions, such as the electronic platform. This CAN-based network, which links the engine, transmission, instrumentation and accessories in a single system, currently forms the electronic base of Volvo Penta’s product range for power boats. The introduction of boat control system in the marine industry is going to intensify in the years to come and, with a view to creating technological synergies, Volvo Penta and Yamaha Motor have now signed an agreement involving technological partnership.
Volvo Penta, Yamaha Enter Engine Tech Cooperation
AB Volvo Penta and Yamaha Motor Co., Ltd have entered into a technological agreement to develop boat control system. Through the wholly owned electronics company, CPAC Systems, Volvo Penta is developing world-leading electronic solutions, such as the electronic platform. This CAN-based network, which links the engine, transmission, instrumentation and accessories in a single system, currently forms the electronic base of Volvo Penta’s product range for power boats. The introduction of boat control system in the marine industry is going to intensify in the years to come and, with a view to creating technological synergies, Volvo Penta and Yamaha Motor have now signed an agreement involving technological partnership.
GX Technology Agreement With Polarcus
ION Geophysical Corporation (NYSE:IO) announced that its seismic imaging subsidiary, GX Technology (GXT), has signed an agreement with The Polarcus Group of Companies (Polarcus) for the provision of seismic data processing services. This agreement includes onboard quality control (QC), onboard processing, and land-based data processing (DP) services. The agreement calls for GXT to provide hardware, software and geophysicists in order to support a seismic project's entire imaging lifecycle, from the vessel to an onshore data processing center. Nick Bernitsas, Senior Vice President of ION's GXT Imaging Solutions division, commented, "Many…
Composite Technology Agreement Signed
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