Subsea Internet of Things (SIoT) specialists WFS Technologies has developed a technology to improve operational efficiency while reducing risk and preventing interruption of pipeline production
The patented Seatooth PipeLogger is an integrated pipeline, umbilical, risers and flowlines temperature monitoring and data transfer solution that can provide real-time monitoring for offshore and subsea assets.
It was used to reduce the risk and operating costs associated with coiled tube fatigue, resulting in savings of more than US$1.3mn in one installation alone.
More broadly, this technology can provide an innovative solution to the challenges facing the wider industry as it works to ensure the integrity of the lifecycle of an asset and reduce its ownership costs.
Moray Melhuish from WFS said, “We understand that real-time, operational data is vital for offshore asset owners seeking reliable ways to minimise or predict failure, while also maximising efficiencies and uptime. This is particularly crucial for those operating in a largely maturing industry that suffers from a lack of connectivity and sensors in extreme conditions.”
“With 70 per cent of subsea assets already at or beyond design life, our technology can determine the potential for late-life extension and support wider asset management,” he added.
WFS Technologies was ranked at the Ocean Technology Conference (OTC) in Houston last year as one of the 10 most promising companies at the Rice Alliance Roundup.
The company will showcase its next-generation wireless subsea technology suite at OTC in Houston as part of the Scottish Pavilion, such as the Seatooth Pipelogger, Seatooth Video and the Seatooth WiPS integrated pressure monitoring system.
