• New Blowout Preventer Technologies Offer Industry-First Capabilities
• Innovative Shearing Blades, BOP Monitoring Technologies Offer New Solutions for Complex Drilling Programs
• GE One of Two Companies to Win Two Awards at the Show
HOUSTON — GE Oil & Gas (NYSE: GE) has received Spotlight on New Technology awards from the 2013 Offshore Technology Conference (OTC) for two new products that address the challenges of deepwater drilling. The awards showcase the latest and most advanced hardware and software technologies that are leading the offshore exploration and drilling industry into the future.
The two GE products honored are:
RamTel™ Plus System and ROV Subsea Display Panel. Blowout preventers (BOP) are critical components to drilling operation safety and are used on all wells, both on and offshore. GE's RamTel™ Plus System and Remotely Operated Vehicle (ROV) Display provide the industry with real-time, electronic measurements of the BOP's ram position and the pressure required to actuate the blades and/or sealing elements. This proven technology provides new data on the operational performance of the BOP that can be used in trending and prognostics in a way that mechanical systems cannot provide.
Deepwater BOP Blind Shear Ram. GE Oil & Gas has developed next-generation technology for shearing and sealing wellbore tubulars (casings and pipes). The patent-pending 5K Blind Shear Ram is designed for use in GE's ram BOPs for offshore drilling and has demonstrated the capability to shear 6-5/8 inch S-135 drill pipe tool joints while achieving a wellbore seal at 15,000 psi pressure differential. The technology was developed by GE to address an industry need to shear and seal today's large diameter, advanced metallurgy (strength, thickness and ductility) drilling tubulars.
"We are very honored to be recognized by the OTC for our development of these two new products," said Chuck Chauviere, president of Drilling for GE Oil & Gas. "They are among the latest examples of how GE continues to seek and develop innovative solutions for the challenges faced in today’s complex drilling programs."
In total, OTC presented 15 Spotlight on New Technology awards to exhibitors at this year’s show. GE Oil & Gas was one of only two companies to receive two awards.
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About GE Oil & Gas
GE Oil & Gas is a world leader in advanced technologies and services with 37,000 employees in more than 100 countries supporting customers across the industry—from extraction to transportation to end use. Making the environment, health and safety, quality and integrity our highest priorities is The Way We Work. Our technologies and services include: surface and subsea drilling and production, monitoring and diagnostics, measurement and controls, large-scale LNG, pipeline compression and inspection, well site and industrial power generation, technologies for the refining and petrochemical industries, and modular CNG and LNG units for transportation sectors. Through our customized service solutions, training programs and technologies, GE Oil & Gas partners with customers to maximize their efficiency, productivity and equipment reliability; develop their next generation workforce; and fully benefit from the megatrends of natural gas, the growth of subsea and hard-to-reach reserves and the revolution in asset health management. Follow GE Oil & Gas on Twitter @GE_OilandGas.
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