FORNEBU, Norway – Akastor subsidiary MHWirth and Norwegian company Electrical Subsea & Drilling (ESD) have formed a technology partnership.
ESD is working on development and qualification of all-electric control of BOPs and a durable rotating control device formanaged pressure drilling.
Over the past few years MHWirth has developed new well barrier technology for BOPs, which it has now transferred to ESD in exchange for a 20% share in the company.
ESD CEO John Dale said: “Today’s BOP technology is based on hydraulics, with disadvantages such as huge weight, high complexity with many sources of error, as well as challenges with regards to the external environment during operation and testing.”
Finn Amund Norbye, CEO of MHWirth, added: “Electro-mechanical operation of well-barrier functions and connectors for BOP is a revolutionary concept in the drilling industry and fits with today's focus on safety and reliability, digitalization, providing continuous condition-based monitoring and preventive maintenance.”