TPi March 2017

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Pipe deposition scanning technology secures investment Rocsole Ltd has successfully completed an additional funding round that was led by Shell Technology Ventures (STV). The Finnish company, with offices in Kuopio, Finland, and Houston, Texas, USA, provides electrical and ultrasound tomographic industrial process monitoring systems. The company’s current products include a pipe sensor for both topside and subsea pipes, providing real-time information on the flow and, in particular, deposition build-up in a pipe through probe sensor technology that can be used in separators when extracting oil and water. The additional funding injection from STV allows Rocsole to expand its product portfolio with a smart deposition pig sensor that enables efficient deposition monitoring of a customer’s entire pipe network from the inside. Once the deposition has been located, a measuring device for monitoring and identifying deposits from the current product family may be permanently installed in the areas discovered during the inspection. With detailed information on pipe deposits, operators can prevent pipe clogging that can lead to lost production. Efficient deposition monitoring can also reduce the number of pigging runs. “Roscole’s smart pig sensor could change the way we inspect subsea pipelines by allowing us to quickly obtain flow and deposition insights using their non-invasive and accurate analytics,” said STV managing director Geert van de Wouw. “Their tomographic imaging techniques mean that measurements can be conducted from inside the actual pipe without damaging or disturbing it. Technology that can reduce down time and optimise production is critical for Shell operations, both for on- and off-shore.” Rocsole chairman Anssi Lehikoinen commented, “We are excited to work with a strategic investor who understands the business value and competitive advantage of a tomographic approach in industrial imaging. “STV recognises the need of preventive maintenance enabled by accurate pipe deposition monitoring and identification that Rocsole offers through its solutions based on a patented electrical tomography platform.” Rocsole Ltd – Finland

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info@rocsole.com www.rocsole.com Shell Technology Ventures – Netherlands www.shell.com/techventures

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