Edward Davies, Managing Director of Viper Innovations, commented on their ambitious plans:
“Viper’s continued success across the globe underlines the ever-growing need for our customers to use technologies such as V-LIFE as part of their critical ‘tool kit’ of solutions, helping to mitigate against the loss of production and costly subsea interventions. The market opportunity in the Gulf of Mexico is substantial, and we quickly recognized that a different strategic approach was required to maximize our success. Viper Innovations Inc. marks the first Viper Innovations wholly owned subsidiary and the first step, alongside its President’s appointment, to reach and support many more customers in the region. This move will allow Viper to continue to offer the high quality of service our customers have come to expect from us, no matter where they are based.”
Viper’s technology has served the global subsea oil & gas industry for over a decade, helping to maximize the operational life of mission-critical controls and electrical distribution equipment. The company’s V-LIM, electrical line integrity monitoring module, and V-LIFE, insulation resistance recovery software, is already installed in the region, with further projects planned. Viper’s expansion to the US will create opportunities to support more operators in applications where V-LIM and V-LIFE can help recover the electrical integrity of subsea circuits suffering from low insulation resistance. These faults often lead to loss of power or communications to subsea equipment and have the potential to halt production from subsea wells. Viper’s award-winning products can avoid subsea intervention, helping to reduce costs and maximize production efficiencies.