OTL President Mr. Jim Li visited Reservoir Link of Malaysia at Kuala Lumpur to discuss cooperation opportunities between the two companies. Reservoir Link Energy Bhd is a Malaysian public group company with part of its focus on traditional oil and gas industry as well as renewable energy industry. A few areas have been identified for potential collaboration and both parties agree to form an alliance to pursuit.
Chevron Project Acquired
A PO relates to a Chevron project has been issued to OTL. The work is for OTL to verify the naval architectural aspects of a heavy jacket design.
Successful Bidding on CNOOC Topside Floatover Verification Engineering
OTL has participated the open bid of engineering verification of a CNOOC heavy topside floatover installation. OTL is the finalist of the bidding and will continue to work with CNOOC to finalize the contract before the work can be started.
Pressurization Platform Engineering Completed
OTL has completed the two-phased engineering for the pressurization platform. The platform is a part of a large-scale crude receiving system to be installed coastal China.
Commercialization of OTL Floating Wind Concept
A major wind farm developing contractor is interested on OTL’s floating wind TLP concept and visited OTL to discuss technical details. Commercialization of the concept was discussed as well.
Floating Wind Concept Patents Granted
OTL has been granted three of the five patents submitted for the OTL in-house developed floating wind TLP concept. This marks innovation of OTL’s TLP floating wind substructure concept has been recognized and the concept is now protected to a certain degree.
Pipeline Pressurization Platform Design
OTL has been awarded a contract to assist the design of a pipeline pressurization platform in Bohai Bay of China. The client is developing a very large scape crude importing terminal involving two large size CALM buoys, a very long distance pipeline, an onshore receiving complex and the said pipeline pressurization platform. The platform has been previously designed and OTL is invited to review, revise and optimize the design as necessary.
Office Move
OTL has now moved to 1400 Broadfield Blvd., Suite 625, Houston, TX 77084. This is a suite two levels on top of OTL’s previous office suite in the same office building with larger area.
Continue Sponsoring Spanish Night to Remember to Fight Human Trafficking
OTL is once again one of the major sponsors supporting the Spanish Night Event benefiting redM. redM was started by Houston based NOV’s CTO and CMO David Reid to provide a path for Houston’s industry leaders and professionals to do something about sex trafficking. OTL is glad to join this movement and do something to fight the human trafficking.
PE Review of Subsea Structures for Shenandoah Project
OTL has bee issued an PO to perform a PE review of the subsea structures designed by a major offshore contractor for Shenandoah project in the Gulf of Mexico. The work is now kicked-off.
Continuing Shell Crux Transportation and Installation Project
OTL is continuing its efforts for the transportation and installation engineering for Crux project for ZOMC, ZPMC-OTL Marine Contractor. This is a full size marine contracting project for Shell as ultimate client and Sembcorp Marine as the general contractor. OTL is responsible for all engineering scope of works as well as supporting the fabrication and offshore installation.
Kick-off of Two Deep Water Jacket Verifications
Subsequent to OTL’s award of deep water verification contract by CNOOC RI, OTL is now officially start the work with a kick-off meeting with CNOOC project team. The work involves complete structural and naval architectural verification of WenChang 9-7 and WenChang 16-2 jackets. The work is expected to be completed in about six months.
Contract for Floating Wind Technology Development
OTL has signed a contract with an major wind farm developer to develop critical technology on analysis of coupled wind turbine and floating substructure. The work is focus on identifying, evaluating and resolving analytical issues relate to floating wind turbine-supporting structures, based on OTL’s existing advanced capabilities on floating offshore structural analysis and experience. When finished, this work will enable OTL to gain ability and tool for complex floating wind analysis and design.
MSA Signed with a Houston Major Engineering Company for LNG-related Projects
OTL has signed a MSA with a Houston major engineering company to provide structural expert supports for their LNG-related projects. OTL expects to have deeper involvement into this kind of projects in the future.