Drilling

Odfjell Drilling Takes Major Stake in Robotic Drilling Systems

System consists of five complementary components.

Odfjell Drilling
04/04/2014 17:42
Visualizações: 1771 (0) (0) (0) (0)

 

Odfjell Drilling reported Friday that it has become the major shareholder in Robotic Drilling Systems AS.  Odfjell's interest in RDS is its system that Odfjell believes has the potential to become "the next-generation drill-floor technology", leading to improvement in safety and efficiency in drilling operations. 
RDS has developed its robotic drill-floor system ready for a full-scale test in 2015, with a further offshore test in 2017. The new system can be implemented both on existing and new drilling rigs. 
The system consists of five complementary components that constitute one autonomous robotic drill-floor system. The deal has seen Odfjell invest an initial tranche of NOK 50 million in RDS, with the expectation that it will invest a further NOK 35 million in a future share issue. 

Odfjell Drilling reported Friday that it has become the major shareholder in Robotic Drilling Systems AS. Odfjell's interest in RDS is its system that Odfjell believes has the potential to become "the next-generation drill-floor technology", leading to improvement in safety and efficiency in drilling operations. RDS has developed its robotic drill-floor system ready for a full-scale test in 2015, with a further offshore test in 2017. The new system can be implemented both on existing and new drilling rigs. 


The system consists of five complementary components that constitute one autonomous robotic drill-floor system. The deal has seen Odfjell invest an initial tranche of NOK 50 million in RDS, with the expectation that it will invest a further NOK 35 million in a future share issue. 

 

Most Read Today
see see
Geological Studies
R&D Clause Enables Project to Strengthen Critical Minera...
15/09/25
Fuels
ANP Approves Pilot Project with New Fuel Inspection Equi...
15/09/25
RD&I
Sensor Developed by Unicamp and UnB Advances in Internat...
15/09/25
Event
ABPIP Hosts SMS Oil & Gas Meeting Focused on Leadership,...
15/09/25
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
Rio Pipeline & Logistics 2025
Brazil and Argentina Close to Agreement on Natural Gas T...
11/09/25
Rio Pipeline & Logistics 2025
ITP Brasil showcases high-performance engineering soluti...
10/09/25
Rio Pipeline & Logistics 2025
Overview of investments in pipeline and logistics infras...
10/09/25
Rio Pipeline & Logistics 2025
Young talents present innovative solutions at the Young ...
10/09/25
Rio Pipeline & Logistics 2025
Ministry of Ports and Airports aims to expand the role o...
10/09/25
Auction
PPSA makes available access to the Hybrid Data Package f...
10/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline & Logistics 2025 Opens with Stronger Integr...
09/09/25
Rio Pipeline & Logistics 2025
At Transpetro, Social Responsibility Initiatives Support...
09/09/25
Rio Pipeline & Logistics 2025
DNV participates in Rio Pipeline & Logistics 2025
09/09/25
Rio Pipeline & Logistics 2025
Construtora Elevação Brings Innovation, Efficiency, and ...
09/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2