Ocean Power Technologies Pact with NEC Energy Solutions
provide sea floor energy storage for offshore operations.OPT's subsea battery solutions will enable the powering of subsea equipment, sensors, and communications, and the recharge of autonomous underwater vehicles (AUV) and electric remotely operated vehicles (eROV). They can power sensors, chemical injection systems, and even electric trees and control systems, which regulate the flow of oil, chemicals, and water and gas injection and disposal.According to data from Fior Research, the global subsea battery sales market is projected to grow to over $668 million over the next five years as industries
TCO Hires Betteridge as Managing Director
roles, he has spent time overseas in the Middle East, Norway and South East Asia. TCO serves the upstream oil and natural gas industry throughout the reservoir life cycle and specializes in the design, manufacture and installation of completion barrier plugs (laminated glass barrier plugs), chemical injection systems, topside chemical injection systems, multi-cycle valves and Annulus Pressure Relief Systems, as well as the provision of tubing-conveyed perforating (TCP) equipment and services.
Small-Bore Tubing System Solutions for Offshore Enviroments
environments. The new technology will evolve the well-known ranges of small-bore tube fittings and valves from the Instrumentation Products Division of Parker Hannifin - the global leader in motion and control technologies. Engineers constructing tubing systems for high pressure hydraulics, chemical injection systems and other higher-pressure topside and subsea offshore applications will be presented with new tube connection technology that provides easy-to-apply solutions for pressures up to 15,000 or 20,000 PSI. At pressures of 15,000 PSI and more, tubing failures can pose an enormous threat
TCO Awarded £75 million Statoil Contract
TCO AS and the daughter company TCO UK, providers of well completion technologies to the global oil and gas industry, have secured a contract with Statoil AS worth an estimated 750 million NOK (75 million GBP). The exclusive contract will require TCO to provide the total scope of chemical injection systems and a framework contract for the scope of B-annulus system and barrier plugs for Statoil operations on the Norwegian continental shelf. The initial contract period is two and a half years with an optional additional period of six years thereafter. Rune Moan, managing director of
February 2024
