Eaton Aims to Grow its Business in Offshore E&P in Norway

Eaton Corporation yesterday held a Technology Day in Oslo to showcase its wide range of electro-hydraulic systems and products for the oil and gas sector, targeting exploration and production (E&P) companies operating in Norwegian waters.

A global diversified industrial manufacturer, Eaton is engaged in a major global sales and marketing drive to grow its business in offshore E&P. Last year Eaton appointed Gardiner Henderson to head of the global oil and gas business and accelerate profitable growth in this key industry sector. He was previously responsible for ABB’s global oil and gas strategy.

“Norway is an important market globally due to its prominence in upstream technology development, innovative field production techniques, carbon capture and storage pilots, and as a strategic base for Arctic exploration,” according to Gardiner Henderson.

“Eaton offers a comprehensive component and service solution portfolio tailored for oil and gas applications with a proven track record of helping our industry pursue safer, cleaner and more sustainable exploration and production – all with a competitive total cost of ownership structure.”

“Eaton has been in the oil & gas industry for decades, and our product brand names, such as Vickers, Aeroquip and Cutler-Hammer are well known, ” Henderson said.

The Technology Day, held at Ullevaal Business Class, was attended by more than 50 representatives from more than 30 companies including Aker Solutions, National Oilwell Varco, Rambøll Oil & Gas, Aibel, Kongsberg Gruppen and Wärtsilä. In addition to Henderson, Eaton was represented by Astrid Mozes, President Hydraulics Group EMEA; Frank Campbell, President Electrical Group EMEA; and technical experts Bob Yaniello, Craig Reed, Dr Egon Lechner and Ankur Ganguli.

Industry analyst Jarand Rystad, CEO and Chairman of Rystad Energy AS, shared his perspective on the outlook for the oil and gas industry in Norway and worldwide drawing on his firm’s latest research data.

According to Astrid Mozes, the industry is increasingly operating in a world of extremes and a new era of zero tolerance which places a high importance on safety, reliability, efficiency and productivity to maximise uptime, reduce costs and protect asset integrity.

Eaton unveiled an interactive drill ship which demonstrates some of the key applications provided by Eaton.

[mappress]
Offshore Energy Today Staff, May 25, 2012