Metrol Technology disclosed that it developed a subsea tool from the technology of Miko pipe magnets. The company said it is currently gaining cost and time benefits through having perfected the use of powerful permanent magnets when positioning instrumentation on seabed structures. Most Metrol products are the result of advanced research and innovative technology but it only took some alert lateral thinking to realize that the powerful magnets manufactured in Norway by Miko AS can eliminate the need for costly installation with the underwater welding of instrument brackets…