Teledyne Oil & Gas Wins Spotlight on New Technology Award
DAYTONA BEACH, Fla. – May 3, 2016 – Teledyne Oil & Gas announced today that it is a recipient of the 2016 Spotlight on New Technology Award from the Offshore Technology Conference (OTC), an annual gathering of top oil and gas organizations in Houston, Texas. This award recognizes innovative products and technologies that have the potential to make a significant impact beyond existing technologies.
Teledyne Oil & Gas, a member of Teledyne Marine, received the Spotlight Award for its new Electrical Optical Flying Lead (EOFL). Part of a new family of products called “Active Flying Leads,” the EOFL consists of wet-mateable connectors on either end of a subsea jumper assembly. An electrical to optical converter is embedded into the pressure-balanced, oil-filled hose. The EOFL can replace or limit costly subsea routing or conversion modules by allowing this functionality directly within the jumper assembly, or flying lead.
“In the new economic reality of the energy industry, producers are now looking for more ways to optimize their subsea power and data networks. The EOFL, along with the entire family of Active Flying Leads, allows us to offer a pre-qualified, flexible solution to simplify field layouts, upgrade architecture or maximize transmission length for existing or new fields,” said Mike Read, President of Teledyne Marine. “By partnering with our customers to configure their networks with this new technology, we can offer them cost savings as well as higher reliability in their subsea systems.”
Teledyne Oil & Gas received the Spotlight Award in a ceremony held on May 2 at the 2016 Offshore Technology Conference.
About Teledyne Marine
Teledyne Marine is a group of leading-edge subsea technology companies as part of Teledyne Technologies Incorporated. Through acquisitions and collaboration, over the past ten years Teledyne Marine has evolved into an industry powerhouse, bringing cutting edge technology together providing total solutions to our customers. Each Teledyne Marine company is a leader in its respective field, with a shared commitment to providing premium products backed by unparalleled service and support. For more information, visit www.teledynemarine.com.
About Teledyne Technologies
Teledyne Technologies is a leading provider of sophisticated instrumentation, digital imaging products and software, aerospace and defense electronics, and engineered systems. Teledyne Technologies’ operations are primarily located in the United States, Canada, the United Kingdom, and Western and Northern Europe. For more information, visit Teledyne Technologies’ website at www.teledyne.com.