Page 55: of Marine Technology Magazine (July 2014)

Multi Fibre Snd. Bhdin Malaysia in March 2014, and its acquisition of ITM in 2013 began its move into the main- tenance and service market. Annual in- vestment hovers between $6.5-8 million in recent years, with funding toward new machining centers and transition to new clad welding technology. Bandak primarily held by is Herkules Private Equity Fund III (90% share), while the remaining shares are owned by minor- ity shareholders including management and other key employees. CMR Instrumentation AS CMR Instrumentation, an arm of Christian Michelsen Research AS, is a research and development center direct- ed towards instrumentation research and development. The Þ rm covers measurement science, physics, modeling, software, sensor technologies, electronics and signal pro-cessing, among others. CMR typically works in collaboration with clients and partners to carry out projects from ideas and research to qualiÞ ed industrial mea- surement solutions and products, and can deliver both turnkey solutions or be a sub-supplier to development proj- ects. CMR also offers services within analysis of metering stations, including uncertainty analysis and dedicated mea-surement campaigns.One of CMR?s current initiatives aims to improve subsea operation and maintenance by bringing risk man-agement into real time through Inte- grated Well and Subsea Instrumenta- tion (IWSI). As improved sensors, tools and models are developed by the center, data relating to reservoir and production management, subsea control and safety systems, ß ow assurance management and integrity management will be used to provide real time performance and risk management, and then visualiza-tion and decision support. If workers can better gauge the conditions in which they operate, higher levels of efÞ ciency and safety can be achieved, and thus costs are reduced and safety improved. CCB is considered to be the Logistics hub for the North Sea?s Tampen Þ elds (Photo courtesy of CCB) www.marinetechnologynews.com MTR #6 (50-65).indd 55MTR #6 (50-65).indd 557/31/2014 10:00:35 AM7/31/2014 10:00:35 AM