Enprox Overseas / News

Add Energy wins R&D funding for blowout event consequence analysis standardization

(WO) – The Ocean Energy Safety Institute (OESI) has awarded well integrity and well control specialist Add Energy funding to develop a method to standardize blowout event consequence analysis to support consistent risk measurement of unwanted well control events.
Add Energy has a track record of approximately 85 live well incidents evaluated and killed, and has delivered more than 1,800 blowout contingency studies.
Recently, Add Energy announced that its specialist teams in drilling, well engineering and well control are joining forces with multi-disciplinary engineering and software provider, AGR, to further enhance its global presence and offering within wells.
OESI has allocated Add Energy funding of $354,160 to realize the methodology.
Organized under an agreement between the Bureau of Safety and Environmental Enforcement, Department of Energy, and Texas A&M Engineering Experiment Station, OESI is a consortium of industry, national labs, NGOs, and academia created to support the development of critical safety and environmental improvements for all energy production activities, including wind energy, marine energy, and oil and gas.
Add Energy is a specialist within well engineering, drilling, well control, asset and integrity management solutions. Add Energy is part of Oslo-listed ABL Group ASA, an independent energy and marine consultancy group to the global renewables, maritime and oil and gas sectors.

While Add Energy’s drilling and well engineering services will be offered under the AGR brand, Add Energy’s asset integrity management division remains as a service line within the international energy and marine consultants ABL.
OESI awards funding for research projects that can improve safety and environmental sustainability of oil and gas operations. The organization received 41 project proposals for 12 distinct research pathways, and chose to allocate funding to 10 projects, including Add Energy’s.

Source: www.worldoil.com
Author: World Oil Staff

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