APL Inc. won the Offshore Energy Achievement Award in Emerging Innovation/Technology
21 December 2004
APL Inc. won the Offshore Energy Achievement Award in Emerging Innovation/Technology
The first ever Offshore Energy Achievement Awards (OEAA), referred to as the ‘Oscars of the Oil Industry’, was held in Houston on December 16, 2004 and was kicked off with a speech by Houston mayor Bill White.
Nine awards for varying accomplishments in the offshore E&P sector chosen by an Awards Selection Committee made up of leaders in every facet of the Oil and Gas Industry were handed out.
Emerging Innovation/Technology
The only forward-looking award in this event, the Emerging Innovation/Technology of the Year will consider technologies or best practices that are on the verge of making a real, measurable, difference in safety, throughput, or cost savings. The winner of this award would be expected to cause a paradigm shift in the not-too-distant future.
We are very pleased to announce that the winner of the inaugural award in “Emerging innovation/technology” was:
STL system for LNG imports by APL Inc.
STL System for LNG imports
APL’s Submerged Turret Loading Buoy System, (STL™) is now developed for Regas LNG and is an essential component and the enabling technology for the world’s first Offshore LNG Receiving Terminal. The Terminal will be located in US GoM, 116 miles offshore and is scheduled to commence operation January/February 2005.
During the last 4 years APL Inc. and Jens P. Kaalstad, President of APL Inc. (100% owned by APL AS, Norway) has been the main impetus of the development of the STL System for LNG imports.
This project has required a combination of adapting proven technology and new technology development both for the Subsea Terminal system and the associated Shipboard Equipment onboard the LNG Vessel.
The new STL System for LNG Import offers marginal environmental impact and provides an innovative, flexible and cost effective offshore terminal solution with exceptional regularity for the LNG and Gas import markets in the US and Worldwide.
