The Subsea Equipment Australian Reliability (SEAR) JIP has sparked significant interest in the subsea industry, with more than 70 companies submitting an expression of interest (EOI) to date.
Wood Group Kenny leads the JIP and its search for game changing technology. The EOIs are currently being reviewed by the participating operators to decide which opportunities to pursue further.
SEAR JIP will attend the Underwater Technology Conference in Bergen, Norway, from 14-16th June to present on Australian challenges and opportunities. The aim is to collaborate with Norwegian companies and better align technology development with Australian challenges and conditions. The opportunity arose thanks to close collaboration with GCE Subsea.
Gisle Nondal, R&D Manager at GCE Subsea, said: “Norway, and especially the members and partners of the Subsea Cluster, are at the forefront of subsea lifecycle services and technology. It is of strategic importance for GCE Subsea to contribute to increased collaboration with the Australian market by sharing our knowledge and experience to help increase cooperation and business between Australian and Norwegian companies.”
The SEAR JIP’s collaboration model is helping operators by:
- Systematically capturing subsea operational issues across numerous assets and equipment vendors to feedback to suppliers.
- Co-ordinating efforts to resolve unanswered technical issues.
- Sharing information regarding new technologies and their application.
Bob MacDonald, CEO of Wood Group Kenny, said: “In times where the industry is focussed on improving efficiency and cost, collaboration and innovation need to be at forefront of the shift to leaner asset management.
“The SEAR JIP has already been proven as a valuable technology facilitator; fast-tracking approval and adoption of new technologies. In the long term, this work will help vendors improve their designs for warm water regions whilst also ensuring better reliability and reduced opex for the operators.”