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ExxonMobil Joins Joint Industry Project to develop V-IR

ExxonMobil Joins Joint Industry Project to develop V-IR

View all news from: Viper Innovations Ltd
View directory entry for: Viper Innovations Ltd

19 July 2016

Subsea engineering company Viper Subsea is pleased to announce that ExxonMobil, the world's largest publicly traded international oil and gas company, has joined the Joint Industry Project (JIP) to develop the company’s innovative V-IR system.

Based in Portishead and with an office in Aberdeen, Viper Subsea provides products and services for the oil and gas sector worldwide and has recently been recognised with a Queens Award for Enterprise (Innovation category) for its ground-breaking V-LIFE Electrical Insulation Resistance Improvement System.

ExxonMobil has joined the V-IR project, which has been established through the Industry Technology Facilitator (ITF), at a crucial phase of development and is supporting a shallow water trial currently underway in Portishead Quays marina, close to Viper Subsea’s headquarters. The trial runs in phases with a total duration of up to 12 months, during which time the V-IR technology suite will undergo communications and performance testing in a sea water environment.

The development of V-IR has attracted the support of a number of other leading operators, including Total, BP, Shell, and Chevron. The system will help to identify the location of electrical faults on subsea oil and gas installations, and will enable field operators to better plan for repair or replacement of failed components, saving the industry many £millions in halted production.

Speaking about this latest development, Neil Douglas, Managing Director of Viper Subsea said, "We are delighted that ExxonMobil is lending its support to this development programme. The need for such a system is obvious and pressing, as is evidenced by the fact that we have now attracted the support of five supermajor oil companies. The support of our JIP partners will be crucial in getting the V-IR system to market as soon as possible.

"V-IR brings together products and services developed by Viper Subsea, and when integrated, these innovative technologies create a system that provides a complete subsea system electrical integrity map.”