KONGSBERG signs deal with offshore intallation group

Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text

Paradigm Opens Oslo Office

2011.02.03 - Industry

Paradigm™ will open a new office in the Oslo business district of Skøyen on February 15, 2011. This new office will help the company provide local sales and support services for its seismic imaging, interpretation, reservoir modelling and characterization, and data management solutions, to its growing base of customers and prospects in the region. During the opening event, Paradigm will provide an operational update and preview the technical highlights of its upcoming major software release, Paradigm 2011.

“Norway continues to be an exciting, dynamic and, most importantly, a growing market for us. Establishing our presence and growing our investment in this region, is further evidence of our long term commitment to our Norwegian clients, and our efforts to provide them with even greater levels of support, and immediacy of response,” said Richard Jefferies, regional vice-president at Paradigm.

“We are looking forward to a busy year in Norway,” said Mark Littman, Paradigm director of sales, Northern Europe. “The development of local infrastructure will be a great help in delivery and support of our upcoming software releases, Paradigm 2011 and Paradigm Geolog® 7.”

The Paradigm 2011 software release will bring to market many new and exciting features, including pre-stack interpretation, modelling while interpreting using Paradigm SKUA®, and full-azimuth decomposition and interpretation through Paradigm EarthStudy 360®. The release of a much anticipated, next generation formation evaluation software, Geolog 7, will be a complete makeover of the entire Geolog product line, featuring a next-generation user interface and seamless connectivity to the full suite of Paradigm products.

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