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People, Companies and Products

Interventek launches API 17G-qualified subsea landing string

Subsea well intervention technology specialist Interventek announced the commercial launch of an API 17G-qualified, in-riser subsea landing string system. The Revolution-7 landing string is an 7-in. nominal, 10,000-psi rated system incorporating Interventek’s Revolution safety valve. The system also includes Interventek’s PowerPlus technology, an arrangement of a locally integrated, gas-accumulated power source, providing failsafe valve actuation in less than a second. The landing string incorporates lower and upper subsea test tree valves, a latch, a retainer valve and lubricator valve. A slick joint, shear sub and project specific adaptors enable space out in the BOP and interface with the tubing hanger running tool and landing string tubulars. The system components are integrated via pre-loaded connections which provide high operational performance and fatigue ...

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ADNOC Drilling announces new growth plan, notes inclusion in major global indices

ADNOC Drilling announced continued confidence in the key business growth and budget resolutions at the inaugural meeting of the newly formed ADNOC Drilling Board and welcomed the inclusion of the company in three globally-recognized Indices: the FTSE Emerging Index, FTSE Global Large Cap Index and FTSE All-World Index. This follows the company’s recent initial public offering (IPO) on the Abu Dhabi Stock Exchange (ADX), which marked the largest-ever ADX listing to date. The inaugural ADNOC Drilling Board meeting was chaired by Sultan Ahmed Al Jaber, ADNOC Managing Director and Group CEO, as well as ADNOC Drilling Chairman. The company’s board approved ADNOC Drilling’s ambitious five-year business growth plan for 2022 to 2026, as well as the 2022 budget. These key approvals reinforce ADNOC Drilling’s position as the sole provider of drilling rig hire and ...

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Kongsberg, ABS announce integrated data analytics offering

Digital service providers Kongsberg and ABS have announced a new integrated offering that combines Kongsberg Digital’s Vessel Insight and the ABS My Digital Fleet platform. ABS My Digital Fleet is the only customizable risk management platform that integrates data to provide real-time insights for driving sustainable operations and reducing operational risks. Kongsberg Digital’s Vessel Insight vessel-to-cloud data infrastructure captures, aggregates and contextualizes all data derived from a vessel’s sensors and other assets, transferring it for storage in the cloud through the proprietary Kongsberg network – ‘Kognifai Cloud’ – a specialized VPN solution. The data collected through Vessel Insight will be made accessible to the ABS My Digital Fleet platform for the development of analytics services. As part of the ABS ...

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eDrilling wins contract with large IOC for well construction technologies

eDrilling announced today that it has been awarded a contract by one of the world’s largest independent exploration and production companies (IOC) for its full suite of well construction technologies to support them on their drilling campaign in the North Malay Basin. The contract will focus on optimizing the IOC’s well engineering and managing downhole complexities. The IOC will leverage eDrilling’s digital technologies to better plan, prepare for and optimize its well construction activities.

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Thermon introduces EnviroDyne methane destruction unit

Thermon, a global leader in industrial process heating, announced the introduction of the Thermon EnviroDyne Methane Destruction Unit, which converts harmful methane gas emissions to water vapor and carbon dioxide without using a flame. This new technology is the latest development in Thermon’s drive to provide sustainable solutions to dramatically reduce its customers’ global emissions footprint. “As a company, we are firmly dedicated to doing everything we can to be responsible stewards of the global environment. The primary component of natural gas is methane. Given that methane emissions are an especially noxious source of damaging greenhouse gases, 70-80 times worse than CO2, we, as experts in catalytic reactions, created the Thermon EnviroDyne Unit to reduce them,” said Mark Roberts, Senior Vice-President Heating Systems and Engineering for Thermon. “By drawing ...

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CRP Subsea launches subsea Motion Stabiliser technology for cables, umbilicals and flowlines

CRP Subsea is launching its new Motion Stabiliser technology, specifically designed to protect cables, umbilicals and flowlines from motion instability and damage from uncontrolled movement. Engineered to mitigate instability in both axial and lateral directions, theMotion Stabiliser design includes customizable fins that anchor into the seabed, increasing overall resistance. “Through ongoing collaboration with our customers, we understand that on-bottom stability, axial walking and lateral sliding can be real issues. Irrespective of the phenomenon causing the instability, our latest innovation Motion Stabiliser is designed to control movement, keeping cables, umbilicals and flowlines in their laid location where desired or allowing movement when needed, reducing the risk of damage or undue stresses,” said Paul Louvain-Walters, Business Group Manager (Elastomers) for CRP Subsea. ...

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Tendeka secures $30 million in new wells contracts

Global completions specialist Tendeka has secured more than $30 million worth of international contracts within the last quarter which will cover the next three years. In addition to this unplanned revenue, the company has won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs, including the North Sea, Australasia and the Gulf Cooperation Council (GCC). Tendeka is also delivering its first significant FloSure autonomous inflow control devices (AICDs) campaign in the United States, following a successful trial earlier this year. “To secure a number of multi-year, international agreements is always satisfying, but even more so with what the industry has been going through over the last 18 months. It has been ...

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