Keith Hutchings, Minister of Innovation, Business and Rural Development. — Telegram photo
A Mount Pearl company is getting help from the Research and Development Corporation (RDC) to develop a 3-D software kit that will, when complete, allow oil companies to simulate oil field design and underwater oil spills, among other tasks.
GRI Simulations Inc. will get $250,000 from the RDC’s proof of concept program to help offset the cost and risk of the $389,500 project, states a government news release.
Stephen Dodd, vice-president of operations and business development for GRI Simulations, said the software provides numerous advantages to oil companies.
“The completion of this software kit will address a specific oil and gas industry need as they seek ways to improve efficiency in the design, fabrication and installation of fields and field components in a range of harsh environments, particularly in preparation for well capping and pipeline repair contingencies,” he said. “We look forward to expanding our existing products and services that are designed for the unique requirements of our customers in the oil and gas industry.”
GRI is one of more than 50 ocean technology companies, research facilities and support organizations operating in Newfoundland, states the release.
Keith Hutchings, minister responsible for the RDC, said GRI Simulations and their work shows Newfoundland and Labrador has the skills and knowledge to meet industry demand.
“The technical expertise of companies such as GRI Simulations highlight Newfoundland and Labrador’s leadership in advancing the ocean technology sector,” he said.
Established in 1986, GRI Simulations has focused on supporting sub-sea remotely operated vehicle(ROV) operations by providing simulation technology to enhance ROV pilot training, mission planning and rehearsal for offshore oil construction and production.
The RDC is a provincial Crown corporation responsible for improving Newfoundland and Labrador’s R&D performance. RDC was allocated $19 million to make strategic research and development related investments as part of the 2012 provincial budget.