Making offshore oil rigs safer
Having a unique in-house expertise in 3D simulation coupled with a deep understanding of the oil and gas industry, Intego Group is working with the National Center for Simulation, which is located in Orlando, Fla., to bring their unique, in-house expertise in 3D simulation to the U.S. market.
July 1988, North Sea: The world's biggest oil disaster – 167 people lost their lives.
April 2010, Gulf of Mexico: An explosion caused the death of 11 people and 210 million gallons of oil spilled into the water leading to a major environmental disaster.
These accidents could have been prevented if technical solutions in the area of 3D simulation had been sufficiently evolved. Intego Group has been developing these solutions since 2006.
Visualization and 3D simulation software solutions are becoming a major part of operations on offshore oil-drilling platforms. Intego's software engineers have recently been involved in the 3D simulation and visualization of heavy equipment installation on an offshore oil rig that is operated by one of the world's leading energy companies. Given the risk of an oil spill occurring and the cost of any idle time if the rig ceased operation, the decision was made to perform a number of equipment installation practice sessions using 3D simulators.
“Our software engineers developed a special algorithm that was designed to import CAD models of real objects into the 3D simulators," said Sergey Glushakov, managing director at Intego Group. “This provided us with an opportunity to recreate exact virtual copies of the equipment and oil-drilling platform itself.
“As a result, before performing the real installation on an oil-drilling platform, we were able to find the best combination of parameters, such as wind strength, wave force, lifting crane position and many others. Based on recommendations generated through the 3D simulation activity, a real-life installation was performed successfully on the first offshore oil-drilling platform.”
Taking into account the fact that idle oil rigs can cost up $600,000 per day, the implementation of these technologies pays for itself in no time while significantly reducing the risk of environmental disasters, such as those that occurred in the Gulf of Mexico oil-spill and the North Sea.
Hydrostor receives $4m funding for A-CAES facility in Canada
Hydrostor has received $4m funding to develop a 300-500MW Advanced Compressed Air Energy Storage (A-CAES) facility in Canada.
The funding will be used to complete essential engineering and planning, and enable Hydrostor to plan construction.
The project will be modeled on Hydrostor’s commercially operating Goderich storage facility, providing up to 12 hours of energy storage.
Hydrostor’s A-CAES system supports Canada’s green economic transition by designing, building, and operating emissions-free energy storage facilities, and employing people, suppliers, and technologies from the oil and gas sector.
The Honorable Seamus O’Regan, Jr. Minister of Natural Resources, said: “Investing in clean technology will lower emissions and increase our competitiveness. This is how we get to net zero by 2050.”
A-CAES has the potential to lower greenhouse gas emissions by enabling the transition to a cleaner and more flexible electricity grid. Specifically, the low-impact and cost-effective technology will reduce the use of fossil fuels and will provide reliable and bankable energy storage solutions for utilities and regulators, while integrating renewable energy for sustainable growth.
Curtis VanWalleghem, Hydrostor’s Chief Executive Officer, said: “We are grateful for the federal government’s support of our long duration energy storage solution that is critical to enabling the clean energy transition. This made-in-Canada solution, with the support of NRCan and Sustainable Development Technology Canada, is ready to be widely deployed within Canada and globally to lower electricity rates and decarbonize the electricity sector."
The Rosamond A-CAES 500MW Project is under advanced development and targeting a 2024 launch. It is designed to turn California’s growing solar and wind resources into on-demand peak capacity while allowing for closure of fossil fuel generating stations.
Hydrostor closed US$37 million (C$49 million) in growth financing in September 2019.