Digitizing Risk-based Integrity Management of FPSOs
Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President, Global Offshore, discusses how digitalization can increase safety, reduce costs, and build robust technical and operational capabilities.No one could have predicted what a challenging year 2020 would become. Offshore production activity fluctuated dramatically with changing market economics and a global pandemic…
Navy Chooses Cubic Team to Bid on Simulations Systems
Cubic Defense Applications, the defense segment of Cubic Corporation, has received a contract for the U.S. Navy's Generic Reconfigurable Training Systems (GRTS) Lot II program. The indefinite delivery, indefinite quantity (ID/IQ) contract has a ceiling value of $15 million, and covers computer simulations for training crews in how to operate the hull, mechanical and electrical systems of Navy ships. Cubic's Orlando, Fla.-based Simulation Systems Division is among several contractors that will have an opportunity to bid on up to $15 million in ship systems simulator business over the next five years. The companies will compete for contracts to develop modeling and simulation software to train crews to operate a ship's basic systems…
