Latest News

NewparklogoNewpark Resources, Inc. (NYSE: NR)  has announced that it has been awarded two deepwater contracts.  In Brazil, the Company was awarded a two-year contract from a subsidiary of Total S.A., to provide drilling fluids and related services for a series of wells planned in the Campos Basin.  The Company was also awarded a contract by another supermajor to provide drilling fluids and related services for a series of wells to be drilled in the Black Sea.  Work under both contracts is expected to begin in the fourth quarter of 2013.

Bruce Smith, President of Newpark Drilling Fluids, stated, "These deepwater contract awards represent significant milestones in our continued penetration of the offshore market and our expanding global presence.  Partnering with these two world-class organizations on these offshore drilling campaigns further solidifies our position as a leading global provider of high-performance fluids systems and engineering."

.

TotallogoTotal announces that the Ivoire-1X exploration well, located in the western portion of Block CI-100 in 2,280 meters of water, encountered 28 meters of net oil pay in a series of about 100 meters of Cretaceous reservoirs. The oil in the abrupt margin geological play is light 35  API oil.

Operated by Total E&P Côte d’Ivoire, Ivoire-1X is the first well drilled on the CI-100 block. It was drilled to a total depth of 5,044 meters.

The well confirms the extension into Block CI-100 of the already proved active petroleum system in the prolific Tano basin, home to several fields, including Jubilee in Ghana.

The data acquired during drilling is being analyzed to develop an appraisal program for the reservoirs discovered and explore identified prospects further east in the block, near recent discoveries in Ghana.

Total E&P Côte d’Ivoire operates the block with a 60% interest, alongside Yam’s Petroleum LLC (25%) and Petroci Holding (15%).

Total Exploration & Production in Côte d’Ivoire

Total also has interests in three other ultra-deep offshore exploration licenses (CI 514, CI-515, CI-516) in Ivory Coast.

.

parker-drilling-logo-homeParker Drilling Company (NYSE-PKD), an international drilling contractor and drilling services and rental tools provider, announces the acquisition of International Tubular Services Limited and certain affiliates (ITS), subsidiaries of ITS Tubular Services (Holdings) Limited, a privately held international rental tools and well services company.  In line with Parker's strategic goal to offer additional integrated products, services and expertise to international energy exploration and production (E&P) operators and drilling contractors, the acquisition significantly expands Parker's Rental Tools business to include ITS' strong customer base in growing international markets and additional well services.  The business combination also creates opportunities to increase financial performance by leveraging operating costs and realizing tax benefits.

ITS is a leading independent provider of rental tools and well services with 2012 annual revenues of $119 million.  Principal activities are renting drilling tubulars and pressure control equipment and providing casing running and fishing services.  ITS serves an extensive customer base of E&P companies, drilling contractors and service companies from 22 operating facilities primarily located in the Middle East, Latin America, U.K. and Europe, and the Asia-Pacific region.  Under the terms of the agreement, Parker paid $125 million for ITS.  An initial purchase price of $101 million was paid at the closing and an additional $24 million was deposited into an escrow account, which will either be paid to ITS Tubular Services (Holdings) Limited as additional purchase price when certain consents are obtained or, in certain circumstances, released to Parker.  The transaction was financed with a $125 million term loan provided by Goldman Sachs Bank USA.

"Today we are further investing in a business segment we know well and an international rental tools growth strategy that we've focused on for some time," said Gary Rich , president and chief executive officer of Parker Drilling .  "ITS is one of the industry's leading independent international rental tools and well service companies with a broad footprint and a strong portfolio of products and service capabilities.  By expanding our geographic presence and services offering, we are positioning ourselves to better serve the growing needs of international E&P operators and drilling contractors."

Joe Chandler , previously chief executive officer of International Tubular Services (Holdings) Limited and now vice president of Parker's International Rental Tools business unit, commented, "This is an exciting combination.  With the support of Parker, ITS is now in a better condition to provide the best solutions for our customers.   As part of Parker, a company with a respected reputation, financial strength, process discipline and dedication to people, we expect to continue to grow our ability to deliver premier rental tools services on a global scale."

"This acquisition creates immediate advantages for Parker," Mr. Rich said.  "It increases our geographic and product line diversity and enhances our ability to deliver innovative, reliable and efficient results to our customers.  We are confident this transaction will provide attractive financial returns and compelling cost and tax benefits that will improve profitability and drive increased value for our shareholders."

For this transaction, Goldman, Sachs & Co. acted as financial advisor, Ernst &Young LLP provided advisory services, and Baker Botts LLP acted as Parker's legal advisor.

.

Asset-Guardian-Logo-Transparent-Background-Large-PNGAsset Guardian Solutions Ltd (AGSL), which specializes in protecting companies’ process critical software assets, announced that it has secured an important contract with Stena Drilling Ltd of Aberdeen, Scotland. This contract represents a significant development for AGSL, reinforcing its position within the Oil and Gas Drilling sector.

Managing and securing process critical software

As a result of this contract award, AGSL will provide Stena with Asset Guardian, its fully configurable process software management tool designed to meet the specific needs of Rig Control and Automation Systems. It will centralize Stena’s software and data storage into a single repository, improving workflow management, reducing risk and enhancing the ability to recover software and data should system failure occur, thus minimizing any negative impact on production.


Asset Guardian software will be installed on Stena’s entire fleet of drilling vessels. In addition toStenaDrilling2 providing a safer, more secure means of storing software and data management associated with each programmable system, Asset Guardian will also manage the process for making changes to the software configuration of these systems, ensuring compliance with industry standards, regulations and guidelines, such as IEEE 828 2005, CPNI, IEC61508, 61511, ISO 9001, and HSE KP4, among others.

The global nature of Stena’s business means that its drilling vessels and rigs are often required to operate in remote locations, sometimes with poor or intermittent access to the internet. To eliminate problems associated with poor communication links between remote locations and onshore facilities, AGSL will also provide AGSync, a solution specifically designed for the oil and gas industry which allows data and files to be seamlessly synchronized between locations.

The contract also provides for customization of the Asset Guardian system to Stena’s precise requirements, and migration of data from its existing system into Asset Guardian.

AGSL is also required to supply a third party review of Stena's process control management procedures and an annual audit of each offshore facility. These audits will include verification of software backups, validation of hardware and software records, and review of Stena's adherence to international standards and procedures.

Providing secure solutions to the oil and gas industry

The six figure contract from Stena Drilling is one of several recent contract awards to AGSL from companies operating in the oil and gas industry. Most recently, operator Woodside of Australia awarded AGSL a contract to provide a Programmable Systems Management tool set to provide enhanced management of its critical software assets. The company also welcomed contracts from BP, Marathon Oil UK and EON.

The agreement with Stena is a real breakthrough for us since it is our first major contract with a drilling company,” said Peter Beales, Business Development Manager for AGSL. “It demonstrates that our services have wide applicability across the oil and gas sector.”

Our contacts at Stena Drilling confessed that it was refreshing to encounter people who are not only knowledgeable and well-informed about industry regulatory requirements, but are passionate about their product,” said Beales. “We take great pride in compliments like this because it is precisely how we would like AGSL to be perceived: informed and passionate.”

.

Anadarko Petroleum Corporation (NYSE: APC) today announced its Phobos-1 well in the deepwater Gulf of Mexico encountered approximately 250 net feet of high-quality oil pay in Lower Tertiary-aged reservoirs.

Anadarko-Phobos-Map


“Our 2013 Gulf of Mexico exploration program is off to an outstanding start, as Phobos marks our third significant deepwater success this year,” Anadarko Sr. Vice President International and Deepwater Exploration Bob Daniels said. “Phobos is our first well in the previously untested Sigsbee Escarpment area of the Gulf of Mexico and successfully tested a significant four-way structure in the Lower Tertiary. Phobos’ close proximity to our Lucius project is expected to further enhance the economics of this potential future development.”

The Phobos discovery, located in Sigsbee Escarpment block 39, was drilled to a total depth of 28,675 feet in approximately 8,500 feet of water, approximately 11 miles south of Anadarko’s Lucius discovery, which is under development. Anadarko currently is incorporating the data from the Phobos well to determine future activities.

Anadarko is the operator of the Phobos discovery with a 30-percent working interest. Other co-owners in Phobos are Plains Exploration & Production Company (NYSE: PXP) with a 50-percent working interest and Exxon Mobil Corporation (NYSE: XOM) with a 20-percent working interest. 

.

Smit-Lamnalco1A welcoming ceremony was held for two newbuild vessels SL Gabon and SL Libreville at PortGentil, Gabon on 17 April.

Among those attending the ceremony were the Minister Delegate of Transport Mr Emmanuel Jean Didier Biye, the Governor of the Ogooué Maritime Province Mr Martin Boguikouma, the Prefect of the Bendjè Department Mr Joseph Mouele, Total Gabon Chief Executive Officer Mr Benoît Chagand Smit Lamnalco Chief Executive Officer Mr Daan Koornneef.

SL Gabon and SL Libreville have been contracted for a five year period by Total Gabon. The vessels will support offshore oilfield activities and tanker operations at the terminal of Cap Lopez, Port Gentil.

“The partnership between our two organizations has roots reaching back 30 years,” says Mr. Koornneef. PortGentil’s location demands robust and reliable marine support services. We are delighted to bring these two state of the art tugs into service for Total Gabon, signifying our continuing commitment to invest in the future of Gabon.

Smit Lamnalco now operates five vessels for Total Gabon, has a further four vessels under contract for Shell at its Gamba terminal and manages one vessel for Perenco.

The marine support company praised the performance of its 179 PortGentilbased staff, 75% of whom are Gabon nationals. Special mention was made of Master JeanDavid Mpaga who has been sailing with the company for over 30 years.

.

MacArtney Norge has a long standing relationship with ROV manufacturer SAAB Seaeye - and the two companies have worked together on numerous projects related to the production, maintenance and sale of the versatile Sea Owl 500 observation class ROV system. Now MacArtney and SAAB Seaeye have developed an upgraded XTi version which, while staying within the realm of the original and proven Sea Owl 500 design, features significant upgrades of all system facets.

The Sea Owl

Sea_Owl_LARSThe Sea Owl system was developed by SAAB in the early 90’s and has since proved itself as an extremely reliable and also a very popular ROV among its users. Applications include observation and inspection of subsea installations and light work tasks in challenging environments.

The primary market for the Sea Owl is firmly rooted on the Norwegian Continental Shelf and the XTi has been developed to meet the requirements of operators who perform subsea work on behalf of, for instance, Statoil. Among the new features, the XTi boast a 360 degree control programme (6 DOF), a 3000 metre depth rating and a 400 metre tether length on the top-hat TMS. In addition, the SAAB Seaeye ICON control system enables easy integration of sensors. Finally, tooling package application is made even more flexible and user-friendly.

To realise this exciting system upgrade, MacArtney Norge has worked closely with the MacArtney Group HQ in Denmark - to develop a complete launch and recovery system that meets customer demands for ‘No Manuel Handling’ and HSR requirements.

For more information on MacArtney launch and recovery systems visit www.macartney.com/systems/launch-and-recovery

The entire Sea Owl XTi solution is marketed by MacArtney Norge AS and is now available for delivery. Already, MacArtney is experiencing significant interest among existing as well as new customers.

.

Design and analysis of offshore and maritime structures has previously involved the use of several different models where data from one model must be manually transferred to others – a costly and time-consuming process. DNV Software is now releasing Sesam GeniE 6.4, where design engineers can use one single model for design, modification and life extension. This new version increases significantly both efficiency and the quality of the design results, says Ole Jan Nekstad, DNV Software Product Director for Sesam.

One of the key features of the new Sesam GeniE release is the ability to work inside a consistent user interface. A typical example of such is connections between pile and leg as well as the disconnection of beams and plates. The data model may be made by Sesam GeniE only or imported from several systems. This is a major timesaver in for example life extension analysis for customers who use supporting programs.

“This release will enable users to do more, as well as to do it more easily,” says Nekstad.  “In addition, they will have better control with higher quality of calculations.”

“Sesam GeniE has seen an exceptional growth in sales across the globe,” says DNV Software Managing Director Are Føllesdal Tjønn. “This enables us to invest even more in development, and we see the results now. Our offshore engineering solution has unique capabilities in an integrated environment for structural modelling, environmental load calculations, structural response analysis and engineering evaluation and redesign,” he says.

Part of the integrated one-model solution allows tension and compression analysis inside Sesam GeniE. This has been requested by customers in order to reduce superfluous investments in separate systems, thereby cutting cost on unnecessary licences and on training.

For customers needing to migrate model data from other systems, the new release features expanded import capabilities where less manual work is needed, another way to cut cost.

Details about Sesam GeniE: www.dnvsoftware.com/sesamgenie

.

August Auction to Offer all Unleased Acreage in Western Gulf of Mexico

BOEMlogoAs part of President Obama’s all-of-the-above energy strategy to continue to expand domestic energy production, Secretary of the Interior Sally Jewell and Acting Assistant Secretary for Land and Minerals Management and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced  on Wednesday that Interior will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area.

Proposed Lease Sale 233, scheduled to take place in New Orleans in August, will be the third offshore auction under the Administration’s Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017 (Five Year Program). The sale builds on the first two auctions in the current Five Year Program – a 39-million-acre sale held in March, which attracted more than $1.2 billion in high bids and a 20- million-acre sale held last November that netted nearly $134 million.

“The Gulf of Mexico is a cornerstone of the United States’ energy portfolio,” said Secretary Jewell. “This proposed lease sale reflects President Obama’s continued commitment to safely and responsibly develop our domestic energy resources to help create jobs, foster economic opportunities and reduce America’s dependence on foreign oil.”

Domestic oil and gas production has grown each year President Obama has been in office, with domestic oil production currently higher than any time in two decades; natural gas production at its highest level ever; and renewable electricity generation from wind, solar, and geothermal sources having doubled. Combined with recent declines in oil consumption, foreign oil imports now account for less than 40 percent of the oil consumed in America – the lowest level since 1988.

Lease Sale 233 will include 3,953 blocks, covering about 21.1 million acres, located from nine to 250 miles offshore, in water depths ranging from 16 to more than 10,975 feet (5 to 3,346 meters). BOEM estimates the proposed sale could result in the production of 116 to 200 million barrels of oil and 538 to 938 billion cubic feet of natural gas.

The decision to move forward with plans for this auction follows extensive environmental analysis, public comment, and consideration of the best scientific information available. BOEM published a Final Supplemental Environmental Impact Statement to update the environmental analysis completed for proposed Lease Sale 233 and other Western and Central Gulf of Mexico lease sales scheduled under the current Five Year Program. The assessments can be found on the web at: http://www.boem.gov/Environmental-Stewardship/Environmental-Assessment/NEPA/nepaprocess.aspx.

“This proposed sale is another important step to promote responsible domestic energy production through the safe, environmentally sound exploration and development of the nation’s Outer Continental Shelf energy resources,” said Beaudreau. “We are advancing the Administration’s goal of continuing to safely increase vital oil and gas production, while encouraging diligent development and a fair return to taxpayers for these valuable public resources that belong to all Americans.”

The proposed terms of this sale include conditions to ensure both orderly resource development and protection of the human, marine and coastal environments. These include stipulations to protect biologically sensitive resources, mitigate potential adverse effects on protected species, and avoid potential conflicts associated with oil and gas development and other uses in the region.

BOEM’s proposed economic terms include the same range of incentives to encourage diligent development and ensure a fair return to taxpayers as used in previous sales, with one exception. The provision for deep gas royalty relief under the Energy Policy Act of 2005 (EPAct) will sunset on May 3, 2013, and, therefore, will not be offered. Ultra-deep gas royalty relief required under EPAct will still be available.

The terms and conditions outlined for Sale 233 in the Proposed Notice of Sale are not final. Different terms and conditions may be employed in the Final Notice of Sale, which will be published at least 30 days before the sale. All terms and conditions for Western Sale 233 are detailed in the new streamlined, more user-friendly Proposed Notice of Sale information package, which is available at: http://www.boem.gov/Sale-233/. Copies can also be requested from the Gulf of Mexico Region’s Public Information Unit at 1201 Elmwood Park Boulevard, New Orleans, LA 70123, or at 800-200-GULF (4853).

The Notice of Availability of the Proposed Notice of Sale is available today for inspection in the Federal Register at: http://www.archives.gov/federal-register/public-inspection/index.html.

.

Hertel Offshore have signed a €70 million contract with Hyundai Heavy Industries for the engineering,design and construction (EPC) of the new accommodation for Statoil’s Aasta Hansteen platform. This is another big Norwegian contract for Hertel Offshore and follows on from the award for Statoil’s Valemon Living Quarter (LQ) project in 2011 and the Shell Norge Draugen Additional Living Quarter project in 2012, both currently under construction in the Rotterdam facility. The project is on a lump sum EPC basis and will draw on the in-house capabilities of Hertel Offshore. Work has already started and delivery is scheduled for April 2015. Design will be based on the stringent Norsok standards and Statoil requirements. Several Hertel innovations will be used including prefab cabins to facilitate an efficient construction process.

Peter van Aken, Managing Director said: "We are very proud to work alongside Hyundai Heavy Industries and it is a privilege to build such a state of the art LQ. This project will also further strengthen Hertel’s presence on the Norwegian Continental Shelf."Hertel-Offshore-signs-contract-for-Aasta-Hansteen-Living-Quarter

The Aasta Hansteen Living Quarter will be made of steel and will accommodate 108 persons. The five storey building weighs approx. 2,600 tonnes and will be fully equipped with everything required for offshore operations, such as galley, recreational area, medical room, control room and heli deck.

The Aasta Hansteen gas field is located on Blocks 6706/12, 6707/10, roughly 186 miles (300 kilometers) from land in 4,265 feet (1,300 meters) of water in the Norwegian sector of the North Sea. Statoil serves as the operator, holding a 75% interest; OMV holds 15%; and ConocoPhillips holds the remaining 10% interest.

.

InterMoor, an Acteon company, has successfully completed a contract with Cross Group, Inc. that included the provision of heave-compensation services for the installation of a Cross 7.0 workover riser package (WRP). An InterMoor compensated anchor-handler subsea installation method (CASIM) unit played a key role in deploying and recovering the WRP.

CASIM-Configurations1“The CASIM system enabled us to provide effective heave compensation and to recover the delicate WRP on a vessel without an active heave-compensated crane or stern roller,” said InterMoor vice president of business development David Cobb. “That was the only way to achieve the WRP installation from this vessel. The success of this project underlines the value of the CASIM system as a cost- and time-effective solution, and explains why more and more subsea contractors and operators are choosing it to facilitate the installation of workover packages.”

Each standard CASIM unit has a maximum stroke of 3 meters and can accommodate loads up to 50 tons.

The heave compensation operation was in water depths of about 140 meters and used Cal Dive’s Uncle John DP saturation diving vessel to install the 29-ton WRP. The project took place at East Cameron well 378#3, offshore Louisiana, USA. The Cross Group is conducting a plugging and abandonment (P&A) program in the field for EPL Oil & Gas, Inc.

This project demonstrates how InterMoor can provide cost-effective solutions for the installation of subsea workover equipment using vessels of opportunity. Operators trust InterMoor to be part of their P&A campaigns and to help them meet BOEMRE NTL No. 2010-G05 requirements for timely decommissioning of idle infrastructure on active leases.

.

petrobras-logoUnits will be built in Brazil, with 60% local content

On 04/18 Petrobras signed contracts for 23 support vessels, as part of the 3rd Fleet Renewal Plan for Offshore Support Vessels.

The units, type PSV 4500 and OSRV 750, fulfill 60% local content requirements and will be built in Brazil. Prices presented were competitive, given expected metrics and budgets.

This was the 4th Round of the Fleet Renewal Plan. In July this year, Petrobras will go to the market for another 24 offshore support vessels (5th Round), thus fulfilling the 2014 contracting target of 146 vessels to be built in Brazil, as planned in the 3rd Renewal Plan Fleet for Offshore Support Vessels.

.

Elfin-1 discovery grows unrivalled natural gas portfolio in Australia

Chevron Corporation (NYSE: CVX) announced  Tuesday, further drilling success by its Australian subsidiary in the Exmouth Plateau area, located in the Carnarvon Basin.

ChevronMap

Since mid-2009, Chevron made 21 discoveries offshore western Australia, adding 10 trillion cubic feet of resources.

The Elfin-1 exploration discovery well encountered approximately 132 feet (40 meters) of net gas pay in the upper Mungaroo sands. It is Chevron's 21st discovery offshore western Australia since mid-2009.

Located in the WA-268-P permit area, the well is located approximately 106 miles (170 kilometers) northwest of Barrow Island and was drilled in 3,570 feet (1,088 meters) of water to a total depth of 11,909 feet (3,630 meters).

"Elfin-1 is a demonstration of our continued industry leading exploration success," said George Kirkland, vice chairman, Chevron Corporation.  "These discoveries build a platform for future growth for Chevron."

Melody Meyer, president, Chevron Asia Pacific Exploration and Production Company said "This remarkable series of exploration discoveries in the Carnarvon Basin has created a robust gas portfolio in Australia. The growth of this portfolio positions the company to supply future LNG demand in the Asia Pacific region."

Chevron Australia is the operator of WA-268-P with a 50 percent interest while Shell Development Australia and Mobil Australia Resources each hold a 25 percent interest.

.

NorSea Group, the leading supplier of base services and integrated logistics systems to the Norwegian oil and gas industry, and the Scrabster Harbour Trust in Caithness have just signed an agreement which will result in major investment and new job prospects for the local economy.

Under the agreement NorSea Group will work with the Trust to bring in new business and develop Scotland’s most northerly mainland port as a one-stop supply base servicing the oil and gas industry.

NorseaGroup  Scrabster Harbour, Caithness, Scotland

NorSea Group already operates nine supply bases along the coast of Norway which provide logistics support to companies operating offshore on the Norwegian continental shelf. The Scrabster base will be the company’s first in Scotland and will combine the expertise, successful track record and resources of NorSea Group with the benefits of Scotland’s most northerly mainland port.

The bases in Norway each host between 40 and 60 companies in the oil and gas industry providing full range of services from warehouse and storage facilities to engineering, construction, lifting equipment and inspections, mechanical workshops and machining to waste handling and storage. The new plans will see a similar model developed in Scrabster.

Scrabster is currently undergoing significant redevelopment which will support the development of the base. The first phase has created a modern deepwater quay with 11,573 square metres of quayside and lay-down area which complement the existing harbour facilities and the port’s strategic location.

John E Stangeland, CEO of NorSea Group, said: “We are very excited about co-operating with Scrabster Harbour Trust to develop business for the strategically important port of Scrabster. The vision and commitment of the Trust have been fundamental in our decision to establish NorSea Group there. We are committed to involving the local community in all aspects of our phased development which will bring significant investment and job opportunities.

“NorSea Group is also very optimistic about opportunities which may arise from the emerging marine renewables sector as the company’s skills, expertise and operational model will be well suited to meet the needs of this sector.”

William Calder, Chair of Scrabster Harbour Trust, said: “We are delighted that NorSea Group has chosen to establish itself at Scrabster, especially at this time of redevelopment of the harbour to respond to new business demands. Scrabster is ideally situated to support the major oil and gas developments emerging west of Shetland.

“I recently visited NorSea Group bases in Norway and was impressed by the operational excellence and supporting infrastructure at their bases, a model of which will be eminently transferable to the further development at Scrabster Harbour.”

.

Amarcon, a member of the ABB group, announced that it has signed a cooperation agreement with GTT (Gaztransport & Technigaz) to market and further develop a forecasting and advice software system for sloshing prevention onboard LNG carriers. The agreement was signed at the LNG17 Conference & Exhibition in Houston,US.

In the coming years, a significant growth in the long distance transport of LNG is expected.GTT-Amarcon-Sign-LNG-Tanks-Deal Consequently, a considerable number of new build LNG carriers will come into the market. It is clear that the safe operation of these vessels will be imperative. To respond to this demand, last year Amarcon and GTT already announced the joint effort on development of sloshing prevention software for LNG Carriers. The sloshing prevention is an advanced module within Amarcon’s OCTOPUS advisory suite that will forecast and advise the crew with optimum route to achieve time savings while preventing risk for sloshing. Sloshing prevention will greatly boost the LNG tanker’s safe conditions and optimize the operational availability of the ships

“We are looking forward on working together with GTT in order to serve LNG carriers with a state of the art onboard sloshing advice, which will help crews to choose the route, speed and course with least risk for sloshing, so time savings can be achieved and damage to the LNG membrane tanks can be prevented. Also in the offshore LNG, we see large potential and need for this kind monitoring and advisory systems as a part of an asset management program” Leon, Adegeest, General Manager of Amarcon said.

GTT (Gaztransport & Technigaz) is a French engineering company formed in 1994 specializing in designing and licensing the construction of cryogenic LNG storage tanks for the shipbuilding industry.

Amarcon, a fully owned subsidiary of ABB, provides monitoring and forecasting software solutions for performance and availability optimization of sea-going vessels, and is the leader in vessel motion prediction solutions. ABB acquired Amarcon in august 2012 as an important step to expand its marine software offering. Today, ABB offers a wide range of marine advisory and optimization systems to the maritime and offshore market.

.

Interest in Tritech’s industry-standard products has grown over recent years, prompting the company to hold live in-country product demonstrations.

TritechRAMsTritech is to showcase its anchor chain and riser monitoring system RAMS™ on Wednesday 8 May at LabOceano, COPPE, Rio de Janeiro. Subsea engineers, naval architects and subsea maintenance and inspection personnel as well as publishers and editors are encouraged to attend in order to gain first-hand experience of the real-time monitoring capabilities RAMS™ offers Floating Production, Storage and Offloading Unit (FPSO) assets. 

The company is also pleased to announce its partnership with MACSea Ltda, who will provide support for future in-country deployments of Tritech’s RAMS™ systems. 

Angus Lugsdin RAMS™ Business Development Manager, comments:

“This is a significant demonstration of Tritech’s FPSO monitoring system and comes at a time where there is notable shift change in industry requirements to have asset monitoring in place. Tritech is also committed to delivering localised support to our South American customers and our partnership with MACSea provides Tritech with a local presence in Macaé, to ensure our Brazilian customers receive the high levels of professional customer after sales support Tritech is renowned for.”

Antonio Silva, the Commercial Manager for MACSea Ltda, comments:

“We look forward to assisting Tritech with the demonstration of their proven RAMS™ technology and to supporting Brazilian customers with the deployment of this unique technology.”

Participants are invited to a presentation on the RAMS™ technology from 1130 to 1300 where a complimentary buffet lunch will be provided; the presentation will be followed by a live demonstration in the LabOceano test tank.

 Places are strictly limited, to register to attend Tritech’s RAMS™ demo, please email: This email address is being protected from spambots. You need JavaScript enabled to view it. by 1 May.

.
Offshore Source Logo

Offshore Source keeps you updated with relevant information concerning the Offshore Energy Sector.

Any views or opinions represented on this website belong solely to the author and do not represent those of the people, institutions or organizations that Offshore Source or collaborators may or may not have been associated with in a professional or personal capacity, unless explicitly stated.

Corporate Offices

Technology Systems Corporation
8502 SW Kansas Ave
Stuart, FL 34997

info@tscpublishing.com