Joint industry project
Published: 09 August, 2016
Subsea engineering company Viper Subsea has announced that ExxonMobil, a large publicly traded international oil and gas company, has joined the Joint Industry Project (JIP) to develop the company’s innovative V-IR system.
Based in Portishead and with an office in Aberdeen, Viper Subsea reports it provides products and services for the oil and gas sector worldwide and has recently been recognised with a Queens Award for Enterprise (Innovation category) for its ground-breaking V-LIFE Electrical Insulation Resistance Improvement System.
The company says ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial phase of development and is supporting a shallow water trial currently underway in Portishead Quays marina, close to Viper Subsea’s headquarters. The trial runs in phases with a total duration of up to 12 months, during which time the V-IR technology suite will undergo communications and performance testing in a sea water environment.
The development of V-IR has attracted the support of a number of other leading operators, including Total, BP, Shell, and Chevron. The system will help to identify the location of electrical faults on subsea oil and gas installations, and will enable field operators to better plan for repair or replacement of failed components, saving the industry many £millions in halted production.
Viper Subsea
Click here for the full unedited version of the release as provided by the company
