Tracerco Announces Million Dollar Contract Win In Gulf Of Mexico

Tracerco has announced it has secured a million-dollar contract in the Gulf of Mexico which will see the business deploy its inspection technology across multiple oil and gas platforms.

The contract will see Tracerco deploy its pipeline inspection technology - Discovery™- as part of an agreement between three of America’s largest oil and gas companies, all of whom operate different riser pipes on multiple platforms in the Gulf. The project also comes as part of the first life extension permit granted for these assets.

Speaking about the contract win, Jim Bramlett, Tracerco’s Commercial Manager for North America said: “This is a fantastic win for us and is the first time we’ve experienced the collaboration of multiple oil and gas companies on a riser life extension project.

“Discovery™ is an obvious choice and natural fit for many operators, as real-time, highly accurate data can be gathered with a non-intrusive approach meaning no need for any downtime.

“The fact that three of the largest American oil and gas companies have joined forces to do this gives them not only economies of scale but also enables us to get standardisation on these risers as we work with these operators to maintain pipeline integrity and extend the lifespan of their assets.”

Discovery™ has been designed to allow owner operators to gain enhanced understanding of a pipeline, its coating and process fluid, all whilst being fully operational.

Developed with subsea CT scanning technology, - commonly used for non-invasive medical diagnostic technique - Discovery™ provides critical flow assurance and integrity data without the need for coating removal and, in real time.

With detailed, high-resolution tomographic images of the pipe wall thickness and contents, Discovery™ technology is utilised by owner operators for both regulatory pipeline inspections and life extension projects.

To date Discovery™ has been deployed on over 100 oil and gas assets across the globe successfully gathering over tens of thousands of scans and helping operators refine and improve the efficiency of existing pipeline models. As a market leader, the technology is already in operation on developments across the Americas, Australia, Europe and West Africa.