Energy services firm Cortez Subsea has secured a UK patent for its modular pipelay system, making the shallow water technology available to the North Sea for the first time.
The first trials of the new technology, developed in collaboration with NOV Tuboscope Zap-Lok, will begin in early 2015.
“This is a significant step in the development of our company towards advancing technology and maximising value for the subsea market,” said Alasdair Cowie, Cortez Subsea managing director.
“The market for shallow water and replacement pipelines is significant and expected to continue growing as operators increasingly look to maximise the return on their investments.
“The Zap-Lok connection coupled with the Modular Pipelay System provides the market with a cost effective pipeline installation method and positions us, as a business, for the next stage of our growth strategy.”
The modular pipelay system allows the use of the Zap-Lok connected pipeline to be installed from a suitable offshore multi-purpose DP vessel to facilitate the storage, handling, connection and deployment of the pipeline in an S-lay configuration onto the seabed at a speed of three to five minutes per joint, Cortez claims.