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Oil & Gas

Kinetic Pressure Control: Providing blowout-stopping technology.

Technology qualification to help go to market

Key facts

  • 01.

    Client

    Kinetic Pressure Control (Kinetic), US

  • 02.

    Product

    Subsea blowout prevention technology: Kinetic Blowout Stopper (K-BOS)

  • 03.

    Results

    Optimised planning and finances Enhanced product confidence

Client challenge

Kinetic is a US-based company, focused on subsea technology for the oil and gas industry. Our client was in the process of introducing a novel technology to the challenging, well control market. Here, there is no margin for error. The company’s Kinetic Blowout Stopper (K-BOS) aims to improve shearing and sealing capabilities. The solution uses propellants and a patent pending kinetic shearing technology to shear tool joints, large diameter casings and bottom hole assemblies. This allows for safer drilling for offshore wells.

Kinetic needed to demonstrate to various stakeholders that any uncertainties associated with the technology were mitigated in a systematic manner.

How we helped

We provided third-party technology qualification services for the K-BOS. This support included:

  • a technology qualification workshop

  • a technology assessment, enabling Kinetic to develop a comprehensive technology qualification plan, which was then reviewed and approved by us

  • a statement of endorsement of the K-BOS technology qualification plan, following satisfactory assessment.

Client comment

“We could not be happier with the support we have received and professionalism that we have witnessed from the Lloyd's Register team. We are confident that, with the support of such a well-respected industry player, the K-BOS will certainly be the high-quality, reliable product that the industry demands.”

Steven Angstmann

CEO and Co-founder, Kinetic

“Working with the Lloyd's Register team has been a pleasure. We selected Lloyd's Register for this work because of their broad expertise base. From BOPs through to explosion modelling, Lloyd's Register is unique in its ability to provide valuable input into the K-BOS.”

Billy Gallagher

VP and Co-founder, Kinetic

 

Key results & Business benefits

The technology qualification plan optimised the project's planning and finances, and ensured high standards of quality throughout. Our services here helped to screen uncertainties associated with the design and the testing of the K-BOS, evaluate the technology and ensure that Kinetic's qualification plan was thorough and comprehensive.

 

Business benefits 

  • Organisational

Technology qualification planning helped Kinetic establish a clear and methodical path for the development of the project. It ensured that the challenges were identified and mitigated as early as possible.

 

  • Technological

Third-party opinion ensured that the technology was critically assessed. It offered a very effective way for Kinetic to benefit from our depth of knowledge and experience.

 

Want to know more? Get in touch.

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