Oil and gas technology company Pivotree has built and tested a full-scale prototype of its groundbreaking integrated subsea production tree and vessel mooring system.
Inventor and Pivotree Managing Director Chris Merrick said the Pivotree TM technology has the potential to revolutionise offshore energy development, making previously marginal and stranded oil and gas fields both profitable and sustainable.
Designed and built in Perth, Western Australia, the 44-tonne full-scale...