CorrOcean Wins Contract from BP for Thunder Horse Project

CorrOcean Inc. has been awarded a U.S. $2 million contract for the provision of production riser monitoring equipment to BP's Thunder Horse field development project in the U.S. Gulf of Mexico. Located in the deepwater Mississippi Canyon area, Thunder Horse is in over 6,000 feet water depth, at the limit of current subsea production technology.

The award follows earlier contracts let last year for subsea corrosion monitoring and topside corrosion and sand monitoring. The contract is for the provision of response monitoring equipment which will be installed on the production risers to provide information on the stresses that the risers are exposed to during the life of the field.

The riser monitoring systems will include sensors monitoring the angles, stresses and strains both in the touch-down zone and top-zone of the infield production SCRs (Steel Catenary Risers). The CorrOcean sensor systems will be integrated with the front-end subsea control system which sends the data to the control room, using long distance modems for processing and distribution on the platform. Henning Arnoy, director of CorrOcean's AIS (Advanced Integrity Services) division, noted "This contract represents a major achievement for CorrOcean. Riser response monitoring technology is becoming a critical consideration for operators developing oil and gas assets in ever deeper water, with the ultra-deepwater Thunder Horse no exception. Our leadership and innovation in developing such integrated monitoring solutions bodes well for CorrOcean's future growth in this market."