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Diamond Offshore Launches Sim-Stack™ - the Industry's First Cybernetic BOP Service
Acting as the "virtual twin" of a BOP system on a drilling vessel, Sim-Stack replicates the BOP hydraulically and electrically to assess its overall health and regulatory compliance. When component failures are identified, Sim-Stack provides critical feedback without human bias in a systematic method to make informed subsea stack decisions.
"The majority of non-productive time for an offshore drilling rig relates to subsea equipment certification, repair and maintenance," said
Moreover, Sim-Stack serves as a robust training tool for offshore personnel to learn and further develop subsea BOP expertise in a safe and dynamic environment, similar to simulated flight training in the aviation industry.
"We are not only focused on innovative solutions to improve the economics of offshore drilling," Edwards said. "We are also building a robust set of tools to train and further develop our technical talent to efficiently execute our operational responsibilities, and Sim-Stack is a premier tool to drive this talent development to the next level."
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Statements contained in this press release that are not historical facts are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties that could cause actual results to differ materially from those anticipated or expected by management of the Company. A discussion of certain important risk factors and other considerations that could materially impact these matters as well as the Company's overall business and financial performance can be found in the Company's reports filed with the
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