Advanced Insulation has been awarded the EIC (Energy Industries Council) Innovation award for its underdeck and bulkhead fire protection and insulation system, ContraFlame® MS400.
In the first week of October, the oil price hit its highest level in four years, providing an added boost of confidence to the oil and gas sector going into 2019.
Cost savings have been a major focus for the industry in recent years due to the faltering oil prices between 2014–16. ContraFlame MS400 has helped operators save tens of millions of pounds and significant weight for the underdeck of topside structures, a key variable when venturing into deeper and harsher environments.
Presented by Oil and Gas Innovation Centre chief operating officer Ernie Lamza, the award was received by Topside sales director Philip Watson on behalf of Advanced Insulation.
This is the second national award for ContraFlame MS400 in 2018, having won a Queen’s Award for innovation earlier this year.
Philip Watson commented: “To be recognised for a second time in 2018 for our achievements in the creation and growth of our ContraFlame MS400 product is absolutely fantastic. The system has helped our clients save hundreds of tonnes of weight per project, something we are extremely proud of.