Spotlight on Commercial Value of Subsea Technology at OTC Breakfast

13 April 2009

Subsea UK is hosting a breakfast briefing during OTC in Houston to demonstrate the significant value of innovative technology in improving efficiency and reducing costs in subsea operations.

Part of a series of breakfast briefings organised by UK Trade & Investment, this event to be held on Tuesday 5 May, will showcase technology developed by three companies to an audience of 200 delegates from around the world and will highlight the significant commercial rewards that can result from innovation.

Ian Donald, vice president of DES Operations will examine the economic benefits of the company's patented multiple application re-injection system in well intervention.

A new autonomous underwater vehicle concept is being developed by Subsea 7 and global technology manager, John Mair, will demonstrate its potential to deliver a step-change in inspection and light intervention, similar to the game-changing impact on subsea exploration and production of remotely operated vehicles.

Andrew Stevenson and Mike Watchorn of IHC Engineering Business will unveil their research and development aimed at providing offshore vessels with enhanced capabilities which increase efficiency and performance while reducing costs.

Subsea UK chief executive, Alistair Birnie, said: "This breakfast promises to provide valuable insight into the development of technology, skills and expertise honed in the UK that adds significant and tangible value to subsea production. For our member companies, it presents an opportunity for global exposure of their innovation.

"The breakfast briefing is designed to deliver an informative programme and initiate timely discussion around key issues and opportunities as well as valuable networking for all involved.”