South West RDA invests £134K in deep sea engineering
07 December 2009
A new product to help recover oil and gas from water depths too
deep for divers has received a boost from the South West RDA.
Developed by Viper Subsea Ltd, a specialist engineering design
company based in Portishead, the product is used on the seabed to
enable high pressure hydraulic and chemical hoses to be connected
and disconnected with the aid of a remotely operated vehicle.
A team of four engineers has been working on the 'VIPERconnect'
prototype for the past year and the RDA's grant of £134,000 means
it can now be taken forward to make it ready for commercial
application.
The Grant for Research and Development investment will ensure
that the product is successfully taken through the prototype build
and rigorous testing programme necessary before it is ready for the
market place.
Neil Douglas, managing director of Viper Subsea, said: "The
challenges of putting something on the sea bed in such vast waters
depths can be likened to putting equipment in space - it costs
hundreds of thousands of pounds to put it there and can cost even
more to recover it if anything goes wrong. Product reliability is
therefore a key design requirement, which needs to be proven
through tests in a simulated subsea environment, so this investment
is invaluable."
Ranber Maan, business innovation adviser at the South West RDA
added: "Viper Subsea has developed a product with key technology
and technical features that will provide a unique connection system
on the seabed in deepwater. The VIPERconnect, which has been
designed to operate for 25 years in water depths up to 4,000
metres, is a great example of engineering innovation and we are
delighted to have awarded a development grant to a product that is
destined to have far-reaching impact in future oil and gas
production."
Viper Subsea aims to complete the project by the middle of
2010.
The company was established in 2007 and has its head office in
Portishead, with a second office in Aberdeen. As well as providing
engineering services and products into the oil and gas industry,
the company is active in the offshore renewable energy sector.
The Grant for Research and Development, delivered regionally by
the South West RDA, is part of a Department for Business,
Innovation and Skills (BIS) Solutions for Business initiative. The
scheme provides funding to help small and medium-sized businesses
research and develop technologically innovative products and
processes.
For more information on the Grant for Research and Development,
go to www.southwestrda.org.uk/grd
Notes to editors
1. The South West RDA leads the development of a sustainable
economy, investing to unlock the region's business potential. It is
helping companies respond to the economic crisis and charts a
course for recovery. The RDA is developing or expanding initiatives
which include: establishing a Business Loan Fund; coordinating the
response to large companies in difficulty; preparing for economic
recovery. More information can be found at http://www.southwestrda.org.uk/ or
contact our Press Office on 01392 229389.