| SEAR JIP – the power of working together | |
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The JIP united the interests of leading oil and gas operators from Australia with Norwegian companies at the event, thanks to close collaboration with GCE (Global Centres of Expertise) Subsea. The project team followed this up with a GCE Subsea technical workshop, which took place at Coast Center Base in Ågotnes, to discuss the unique challenges of operating in Australian waters.
'This project, sponsored by both operators and the suppliers, will stimulate greater technical and operational efficiencies offshore in Australia's harsh marine environment', says Gisle Nondal, research and development manager at GCE Subsea. 'The SEAR JIP is a game changer for the industry, and we are pleased to be involved in the project which benefits both Norwegian and Australian companies.'
Through the discussions, a number of pathways have been identified for significant cost and reliability improvement by:
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Introducing avenues to bring disruptive technologies to the market more quickly
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Providing in-situ testing infrastructure in various Australian subsea locations
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Providing performance feedback for existing and new technologies in a standardised manner
Christopher Merrick from PTTEP Australasia, who sits on the SEAR steering committee, says: 'This project promotes a step-change that results in subsea equipment improvements and standardisation without limiting commercial innovation or the introduction of new technologies. The SEAR JIP has clear benefits for operators and this model of efficient research cooperation with suppliers will be supported into the future.'
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WGL Holdings Inc.
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CODE : WGL |
ISIN : US92924F1066 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
WGL Holdings is a development stage company based in United states of america. WGL Holdings is listed in United States of America. Its market capitalisation is US$ 4.6 billions as of today (€ 3.9 billions). Its stock quote reached its lowest recent point on December 31, 1990 at US$ 13.25, and its highest recent level on July 06, 2018 at US$ 88.78. WGL Holdings has 51 359 182 shares outstanding. |