DIVISION OIL & GAS
The Oil & Gas Division delivers complete computer-based systems for management, control, optimisation and safety in connection with operations on oil platforms, production vessels and drilling vessels. The computer-based systems safeguard against the consequences of faulty equipment, involuntary disruption of production, environmental hazards or personal injuries.
Activity levels were high in 2007. The division booked numerous new orders, hired many new co-workers and continued to build an international reputation.
Sales orders were especially high for floating production equipment and drilling rigs. For example, a contract was signed for integrated control systems for safety and process automation onboard a semi-submersible production platform which will be used on the Gjøa oil and gas field in the North Sea. The division also signed a contract with Aker Floating Production for integrated control systems for safety and automation onboard a floating production vessel.
The division occupies a strong position in dynamic simulation in Norway. KONGSBERG has developed invaluable simulation tools used in a variety of engineering tasks, operator training systems and maintenance support systems associated with large-scale development projects, such as Ormen Lange and Snøhvit. Besides maintaining a strong national position, our goal is to strengthen our simulator activities on the international arena. The division has signed an agreement with Reliance Industries Ltd for an operator training simulator and a production monitoring system for the KG-D6 gas field off the coast of India. The division has also signed a contract with Chevron for a production monitoring system for the Frade field in Brazil.
The division gained international momentum in 2007 and has increased its capacity in India, Great Britain and in the USA to better serve these markets.
Integrated operations have been a target area in 2007. The division will continue to focus on being a significant supplier of equipment and services for integrated operations at the national and international levels alike. The acquisition of the technology enterprise Sense Intellifield, now Kongsberg Intellifield, has fortified KONGSBERG's position in this field. The division is a leader in the design and delivery of intelligent systems for cooperation, consultancy on work processes, real-time computing for drilling operations and three-dimensional decision-making support for integrated operations. The division's focus on using IT as a strategic tool to streamline work and decision-making processes in the oil and gas industry will continue.
