Oil and gas industry deals confirmed for FluidCom™ technology
Published by Louise Mulhall,
Editorial Assistant
Oilfield Technology,
FluidCom™ is a chemical injection valve and metering controller that is revolutionising the chemical injection market and set to bring major benefits for oil industry operators worldwide. Its technology uses a combination of material and thermal effects to improve the chemical injection process.
Both ExxonMobil and Statoil have selected the FluidCom technology for two independent projects. ExxonMobil will install FluidCom technology in a new chemical injection system on the Balder FPSO, and Statoil will use the technology for its new unmanned wellhead platform, Oseberg Vestflanken 2.
“It is a breakthrough for our technology that the FluidCom™ product has now been selected by both ExxonMobil and Statoil on these two important and independent projects. By design, FluidCom™ will deliver accuracy and reliability whilst significantly reducing both Capex and Opex costs for operators”, said Alf Egil Stensen, CEO of TechInvent AS.
The technology has been certified through an extensive 8 month offshore field qualification programme and was recently awarded the “Technology of the Year Award, 2016” by Tekna.
Benefits to operators
In field tests, FluidCom’s design was proven to deliver accuracy, reliability and the added benefits of time and financial cost savings. In particular, the product’s fully integrated logic controls for local or optional remote communication by wired or wireless HART brings significant benefits and cost efficiencies for operators.
In comparison to existing valve installations currently in the market, FluidCom also reduces on-site capacity relative to current valves that are larger in size and reliant on additional devices to perform the same function. Furthermore, by working on thermodynamic principles, virtually no moving parts are involved and regular maintenance is not required for the product.
The FluidCom chemical injection valve and metering controller is currently available for the Norwegian market with plans to extend the product to international markets before the end of 2016. For further information, visit www.TechInvent.no
Adapted from a press release by Louise Mulhall
Read the article online at: https://www.oilfieldtechnology.com/product-news/13052016/oil-and-gas-industry-deals-confirmed-for-fluidcom-technology/
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