16
Annual Report 2000
Annual Report 2000
The players in our shipping and offshore markets aremerging into ever larger units in order to position them-selves to meet more global competition. Demands forgreater efficiency in shipping logistics and lower petroleumproduction costs are forcing them to reconfigure in order tobenefit from large-scale operation. These are clearly thedriving forces behind the rapid consolidation process thatwe can observe in both of these industries.
The development of new types of vessel, for examplein container freight, the strategic positioning of shippingcompanies and their role in the value chains of which theyform a part, are all examples of integrated analyses inwhich MARINTEK has contributed its expertise in collabo-ration with the winners in this market.
Oil and gas production at great depths, from what are known as “ultradeep” oilfields, demands a much greater degree of multidisciplinary competence. Work atsuch depths is in many ways comparable to the challenges of space. There is ahigh degree of risk, operations must be well planned in advance, and the structuresinvolved must be designed to withstand extreme, and in many cases unexpected,stresses.
MARINTEK has built up first-class expertise in a number of specific areas, withthe result that we are capable of being an attractive partner for the industries thatface such challenges. At the same time, we possess a breadth of competence thatenables us to play a significant role in the system phase of a project. For example,we can contribute advanced software analyses and simulate critical operations.
Our ambition at MARINTEK is to be a supplier of solutions for our customers. Ourtask is not merely to meet our customers’ needs for individual analyses and compo-nents, but rather to help integrate these into a wholethat meets their total requirements. It is in this sense thatMARINTEK, supported by the rest of the SINTEF Group,can boast of having unique national and internationalexpertise.
MARINTEK - a complete innovation partner
Oddvar AamPresident
Sea loads
M/S “Autosky”, one of the many car carriers that UECCoperates in Europe.
Fosen Mek. Verksteder is building the world’s mostexclusive residence ship, «The World», with 110 flatsand 88 guest suites.
How much loadings caused by waves andcurrents can marine structures withstand?
Ever greater demands are being made ofmarine transport. Regularity and efficiencyunder way and in harbours mean that vesselsmust be capable of maintaining the highestpossible speeds in heavy seas, while remainingeasy to manoeuvre in harbour.
This demands ships with adequate strength,steerability and with the lowest possible levelsof motions and vibration. New container shipswith considerably greater capacity and speedare being developed. Modern passenger andcruise ships are becoming more and moreexclusive, larger and more sensitive to extremeloads and stresses.
a wide-ranging series of studies on board oneof its Ro-Ro vessels operating between Spainand the UK. These onboard studies includedmeasurements of vibration, acceleration andhull stresses, made at the same time as obser-vations and measurements of waves. Theobjective of this study is to develop an onboarddecision-support system, so that a loadedvessel will be capable of being operated athigher speeds and with wider security margins.
MARINTEK supplies software and knowhowregarding vessel motions, loads, etc., providingvital information on the limitations of individualvessels in extreme situations.
In collaboration with MARINTEK, UECC(United European Car Carriers) has carried out
In 2000, MARINTEK carried out comprehen-sive studies of large passenger and cruisevessels. These need to offer high standards ofcomfort, and their motions and vibration needto be reduced as far as possible. This requireswide-ranging laboratory studies, as smalldesign details often turn out to be of decisiveimportance in this connection.
Our largest customers were:- RCCL- Chantier de l’Atlantique
- Meyer Verft- Fosen Mek. Verksteder.
The attention paid to damage to the bowsand deck structures of FPSOs and floating plat-forms has grown greatly during the past fewyears. A number of cases in which green season deck have caused damage have beenreported, and an FPSO west of the Shetlandstook a series of heavy impacts on its bow, re-sulting in severe damage to the bow structure.
MARINTEK has set up a joint project withindustrial partners. The end product of thisproject will be a set of engineering tools for usein the design of hulls, topside structures andother structural details that are exposed towave impacts. The work focuses on the prob-lem as a whole, in the sense that it describescritical waves and motions, evaluates the likeli-hood of a wave-impact situation occurring, theloads involved and finally calculates the
strength of a structural element and the out-come of the situation.
In the case of semi-submersible platforms,the problem is that the waves may rise up thevertical shafts and hit the underside of the deck,or even hit the deck directly (air gap). Someplatforms on the Norwegian shelf have sufferedsevere damage as a result of such situations.
As oil and gas production moves intodeeper waters, we also face a series of techni-cal challenges in which the subject of hydro-elastic structures will be important. This appliesnot least to subsea pipelines. Seabed condi-tions can be difficult, with uneven terrain, softmud bottom and the danger of mudslides.Underwater storms can also occur in deepwaters. For this reason, accurate descriptionsof the loads that pipes are exposed to are ofgreat importance.
Marine cyberneticsSafety and cost-effectiveness in transport andin exploiting marine resources, will require theapplication of new technology. Knowhow inhydrodynamics and cybernetics, combined withinformation on waves and currents, open upnew, improved possibilities of steering and con-trolling vessels and operations.
MARINTEK has developed special nicheexpertise and enjoys special advantages in thefollowing areas, in which hydrodynamics andcybernetics are key disciplines:
- Dynamic positioning of ships and platforms- Vessel manoeuvring and steering- Control of vessel motions- Control and monitoring of highly loaded
structures (risers, pipelines).
Training and decision-support systems foruse on board ship and ashore, i.e. “shore-based remote pilotage”, will improve safety inapproaches and harbours where safety marginsare narrow. With support provided by the Norwe-gian Shipowners’ Association, MARINTEK is de-veloping a system for Jebsen Management ASfor the approaches to Svea Mine in Svalbard.Requirements regarding safe operation in thesewaters are stringent, because special attentionneeds to be paid to the environment.
ments of individual on-board parameters duringoperation. Simulation models can also be in-stalled and utilised in full-scale training simulators.
Electronic charts are well on the way to be-coming standard equipment on board ship. Thedecision-support, training and remote pilotagesystem employs this technology to improve thecompetence of the navigator in handling hisown vessel, navigating in particular waters andimproving navigational safety.
Modelling assistance provided by tugs is an-other module of the system.
The individual components of such a systemconsist of:
- Vessel simulation models (vessel, propeller/rudder/thruster, effects of depth, etc.)
- Description of local waters, including depths,currents, wind, waves, etc.
- Modelling of the local geography, i.e.approaches and harbour conditions, includ-ing weather and visibility.
The system will be designed in such a waythat it is updated and modified via measure-
MARINTEK represents the Royal NorwegianNavy on:
- NATO, Specialist Team on Naval ShipManoeuvrability
- NATO, Specialist Team on Simulation-BasedDesign and Virtual Prototyping.
These groups are developing NATO stand-
ards for simulating major operations at sea.Such operations often include large and smallvessels, helicopters and submarines. The
In addition to operations in fjords and diffi-cult waters, we are working on:
- Operations in harbours with high levels oftraffic, i.e. modelling of many vessels andtheir interactions with fixed structures
- Accurate manoeuvring when laying along-side quays
- Manoeuvring and steering vessels duringcable-laying and trawling operations, etc.
In collaboration with Norsk Hydro MAR-INTEK has launched a research project oninstallation, setting down and intervention. Theobjective of the project is to improve the accu-racy of calculating the installation and handlingof various types of loads, particularly at greatdepths. Simplified model trials have been car-ried out in combination with numerical analysismethods, with the aim of determining opera-tional limitations on the installation of seabedstructures.
simulation models will be used both fortraining, as decision-support systems and inthe design phase. Each individual country isresponsible for its own modules in thesystem.
MARINTEK has implemented the NATOstandard in its software for simulating shipmodels.
Model testing in the Ocean Basin, where fourpendulums are arranged beside each other.
Controlled steering or dynamic positioningof such vessels during operations is important.This means that in our vessels and real-lifeoperations we employ automation techniquesto control forces and motions in such a waythat loads on critical elements are reduced, orare kept below a defined level. A major activityin this area, which involves the relationshipsbetween hydrodynamics and cybernetics, hasbeen launched by MARINTEK.
Other critical marine operations on which weintend to focus in the future include thelaying and installation of pipelines in deepwater. Loads on pipes during the laying opera-tion are affected by such forces as current andvortex formation around the pipe. Vibrationsmay occur, overloading the pipe or leading tofatigue in the course of time.
Logistics andvalue chainsShipowners and oil companies are now focus-ing more sharply on developing new businessconcepts than on traditional cost reductions.Scenario analysis or “stories” about the futurecreate an important basis for the developmentof new innovative solutions in maritime trans-portation. Efficient management systems forcontrolling and managing the flow of informa-tion about cargoes and vessels are now just asimportant as the actual physical handling andtransportation of cargoes.
Innovation and business developmentIn an ever more rapidly changing world, theability to innovate is perhaps the only long-termcompetitive advantage a company can have.It is a paradox that when the future is uncertain,the tendency is to put the brakes on the will toinnovate, for fear of making bad investments.In the shipping industry, the rate of innovationfor the past 20 years has been lower than wemight wish. As a general rule, earnings havealso been relatively low. In order to contributeto a higher rate of innovation, MARINTEK is
offering a range of services in innovation andbusiness development.
Scenario analyses can be extremely usefulprecisely in situations that are characterised byrapid changes and uncertainty. The scenariosdeal with uncertainty in a structured way byestablishing two to four alternative stories abouthow the future could develop, thus offering a bet-ter basis for decision-making and risk reduction.
The innovation process.
The scenarios can also be used to test out andcreate new ideas, thus encouraging innovation.
At the stage of developing a new businessarea, uncertainty with respect to positioningand strategy may be greater than in existingareas. The competitive picture changes rapidly,and the pace of change can be expected toremain high for some time in the future. Sinceone is moving into an area in which one’s own
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organisation has limited experience there is amajor element of learning, and the strategicprocess should therefore be thorough andrelatively formalised. MARINTEK has beeninvolved in this type of business developmentwith a number of maritime companies for someyears, and has contributed market knowhow,strategic methods and knowhow, as well asacting as a sparring partner.
ENISYS - systemisation of unitised cargoesVia the ENISYS project, the export companiesElkem and Hydro (agriculture and aluminium)and the oil companies Hydro and Statoil havebeen collaborating in the development of a newtransport system for Western Norway andbetween the region and the Continent. ENISYShas received financial support from theResearch Council of Norway and the Norwe-gian Shipowners’ Association, among othersources.
As far as the export companies are con-cerned, the implementation of ENISYS will offera considerable reduction both in “door-to-door”cost levels (by around 30%) and in reducinglead time to a level that will be competitive withthe best of Swedish export industry. For the oilcompanies, transport costs can be reduced by20-25% while lead times are cut by a similarproportion.
The ENISYS concept.
The project has shown that there is suffi-cient cargo on the market to build up a logisticssystem with daily departures in the long term.The criterion for success will be that cargoowners are willing to agree on a joint logisticssystem. As well as their own cargoes, a certainamount of third-party cargo will also have to bebrought into the system. Since it will take sometime to develop such a cargo basis, the systemis being planned to start with a sailing frequencyof three to five weekly departures betweenWestern Norway and the Continent. This canbe implemented using four or five vessels witha service speed of 20 - 25 knots.
ENISYS has recently been sent out for ten-der to shipping companies. One possible sce-nario for the implementation of ENISYS is thatthese companies will join industry in establish-ing a separate operating company for ENISYS.
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Report of the Boardof Directors (excerpts)
ActivitiesMARINTEK consists of four departments thatperform R & D for industry and public-sector bodiesinvolved in marine activities. MARINTEK operatesin an international market, developing new tech-nologies in the fields of floating oil production,vessel development, shipyard technology and themarine equipment industry.
The company is located in Trondheim and has asubsidiary in Houston, Texas; MARINTEK (USA)Inc. was set up as one aspect of our strategy offocusing on the international market in cooperationwith other Norwegian companies that wish toexport Norwegian petroleum technology.
The activities of each of our four departmentsare briefly described below:
Offshore StructuresThe core area of competence of this department liesin offshore hydrodynamics, i.e. the calculation andmeasurement of forces on and motions of vesselsand platforms, caused by waves, winds and cur-rents. We can also point to expertise in the fields ofmaterials technology and statistics. We operate theworld’s largest ocean basin laboratory, in which wecombine tests of physical models with theoreticalstudies. The department has participated in thedevelopment of a number of floating offshore petro-leum installations that have been designed to oper-ate under extreme weather conditions. Plans forpetroleum production at great depths on the Norwe-gian continental shelf are currently offering us freshchallenges. We have also joined the American DeepStar project via our recently established subsidiaryMARINTEK (USA), Inc. Oil production at suchdepths requires new, advanced mooring systemsand riser solutions. MARINTEK does theoretical andphysical modelling of such concepts for Norwegianand international industry in order to enable it toimplement cost-effective, innovative and safe tech-nological solutions.
Structural EngineeringThe Department of Structural Engineering hasbeen working for several years on the developmentof methods for improving calculations of safedimensions of flexible risers and raising their levelof reliability. Advanced methods for calculatingmechanical and thermal loads are under constantdevelopment, in conjunction with comprehensiveexperimental work both at component level and infull scale. Most of our efforts concern the develop-
ment of methods for direct calculations of thestrength of flexible risers for floating petroleumproduction systems. This work has improved ourunderstanding of how mechanical and thermalloads are absorbed by flexible risers, and of whichbreakdown mechanism are dominant. A simulationtool for the analysis of the strength of pipe-wallcross-sections has been developed. This softwareis continuously verified and calibrated via large-scale tests, and is currently regarded as a uniquetool for this type of analysis. A rig for the full-scalefatigue testing of flexible risers has been estab-lished at the Marine Technology Centre as an inde-pendent international test facility. A wide-rangingproject on the simulation of thermal stresses in endconnectors has been completed; this comprisedboth simulations of thermal processes and testing.
Ship PerformanceOur central business areas include the develop-ment, verification and design of ships and shipoperation. The department operates unique labora-tories for testing and verifying vessel characteristicsin all types of sea and weather conditions. Much ofour activity is closely related to the development ofhigh-speed craft for transporting goods and passen-gers, e.g. passenger ferries, Ro-Ro vessels andcontainer ships. The development of such vesselsinvolves major challenges in ship technology. Re-quirements as regards safety routines and training,navigation technology and environmental monitoringequipment all differ from those currently employed intraditional vessels. The development of methods forthe industrial design and optimisation of such ves-sels is important in this context. In collaboration withindustry and NTNU we are involved in the long-termdevelopment of new competence, methods andtechnology in the fields of propulsion, sea loads onvessels, and vessel control and positioning.
Machinery and Technical OperationsThe department works in the fields of maintenancetechnology, logistics, machinery and training sys-tems, and shipyard and vessel equipment. Ourprincipal activities in 1999 fell under the national re-search programmes Ship Management and Infor-mation Technology, Sea Transport and Logistics,Shipbuilding and Ship Equipment, and the MaritimeEnvironmental Programme, in addition to a numberof EU projects.
Logistics combined with strategic analyticalmethods is an area of rapid growth in MARINTEK.Several years of R & D activity have given the de-partment a high standard of competence in enginetechnology, the use of alternative fuels and therebyemissions of exhaust gases and greenhouse gasesfrom the maritime sector. International focus on thisarea has led to a strategic concentration in theareas of “Energy and Environment”, in which weperform contract projects for the International Mari-time Organisation IMO.
Work environmentAs one aspect of our efforts to make the workenvironment safer, in the course of the past threeyears we have carried out risk evaluations in all ofour laboratories; the Ocean Basin, the TowingTank, the Cavitation Laboratory, the MachineryLaboratory and the Marine Structures Laboratory.Our activities contaminate the external environmentto an insignificant degree.
Summary of the Annual AccountsProfit and Loss Accounts
MARINTEK can point to a clearly positive devel-opment in its operations in 2000. With a rise in netoperating income of more than MNOK 20 and anunderlying cost level that is some MNOK 10 lowerthan that of the previous year, we can set out anoperating result of about MNOK 25.3 and a profitafter financial charges of around MNOK 27.6.
The Ship Performance Division enjoyed a highrate of activity during the second half of the year, inparticular with respect to contracts for the cruiseshipping industry. As in previous years, the Divisionof Structural Engineering has demonstrated a highearnings capacity in the area of offshore riserdesign. This department has also made significantcontributions to the cruise shipping projects.
MARINTEK (USA) Inc., our subsidiary inHouston, is in the process of getting into closecontact with customers in new field developments.
In the course of the year, MARINTEK has beencertified as complying with the ISO-9001 standard,and has already been awarded its first contractsthat require such certification.
The company has reduced the number of itsemployees to about 180, compared with the high-est figure of 230 in 1999.
The order situation is now satisfactory, andorder reserves at the beginning of 2001 are MNOK37.0, compared to MNOK 22.6 a year ago.
Balance and evaluation ofcontinued operationEquity capital comprises MNOK 75.9 of a totalcapital of MNOK 174.2, equivalent to a equity capi-tal share of 43.6%.
The Board regards the overall liquidity situationas satisfactory, and equity capital is adequate forcontinued operation, in view of the activities thatare being planned by the company.
The Board is not aware of any circumstancesthat have arisen since balance day, of importancefor the evaluation of the company’s financial position.
Future developmentsThe pace of investment in the petroleum sector isbeginning to rise again. In Norway, the focus is onmarginal fields that will be connected up to existinginfrastructure, as is illustrated by the title of Norsk
Hydro’s R & D programme for the coming three-year period: “Subsea field developments”. Thefocus is on ”down-hole” activities, pipeline techno-logy and prolonging the life-cycle of existing plat-forms and infrastructure. We believe that we will beable to make a contribution to the area of “long slimstructures” that are exposed to hydrodynamicforces and marine operations. Our participation inNorsk Hydro’s project for the development of theOrmen Lange field is a typical example of this.
On the international front a great deal of effort isbeing put into developing the deepwater fields inthe Gulf of Mexico, offshore West Africa and Brazil.The technology for these developments mayinclude various types of simple floater which willoften be connected up into more complex solu-tions. We may well offer the Ocean Laboratory fortesting and verifying complex systems of this sort,in combination with the expertise we have gainedthrough our participation in projects on the Norwe-gian continental shelf. The shift in technology fromlarge platforms to small floaters and subsea solu-tions is relevant in all the above markets.
During the past year, there has been anincrease in contracts for newbuildings for both theNorwegian and international markets; this needs tobe put in the context of the loss of Norwegian gov-ernment shipyard subsidies from 2001 onwards.
Although this peak in contracts may thereforebe regarded as a short-term boom, the prospectsfor the new few years are positive. Significant in-vestments are being made in the world cruise fleet,an aspect which has already greatly benefittedMARINTEK. It looks as though activity in this mar-ket segment will also remain at a high level in thenear future. There is also an increase in contractsfor specialised vessels for offshore applicationsand for cable-laying ships. Norwegian shipyardsare in a strong position for building such complexvessels. A growing need for high-speed vessels,also for goods transport, is likely to mean that ourexpertise in hydrodynamics, sea loads and con-struction technology will be in demand.
In view of the current market prospects in boththe shipping and offshore sectors, the Board looksforward to a positive result in 2001.
Thanks to our staffThe Board is grateful for the very praiseworthyefforts of everyone in our organisation during anextremely challenging process of reorganisation.Our staff have accepted the necessity for change ina rapidly developing market. We wish therefore toextend our thanks to our own staff, and to theemployees of NTNU involved in MARINTEK’sactivities, for their very fine efforts in 2000.
Trondheim, December 31, 2000February 21, 2001
Atle JebsenChairman of the Board
Income statementIncome statement for year ending December 31, 2000 (extract). (All figures in thousand NOK)
Balance sheetBalance sheet on December 31, 2000 (extract). (All figures in thousand NOK)
Auditors: Deloitte & Touche.
MARINTEK MARINTEK Concern
2000 1999 2000 1999
Operating revenues and expensesRevenues 212 083 186 927 212 337 186 927- Direct project expenses 46 387 42 018 43 661 39 018
Net operating revenue 165 696 144 909 168 676 147 909
Salaries, social security and other social costs 96 339 105 544 97 972 107 155Other operating expenses 44 040 36 970 45 502 38 460Restructuring costs 0 18 698 0 18 698
Net operating expenses 140 379 161 212 143 474 164 313
Operating result 25 317 - 16 303 25 202 - 16 404
Financial income and expenses 2 321 3 392 2 436 3 493
Annual result 27 638 - 12 911 27 638 - 12 911
MARINTEK MARINTEK Concern
2000 1999 2000 1999
Assets 174 161 127 266 174 254 127 340
Fixed assets 21 182 15 755 21 029 15 655
Fixed operating assets 10 544 10 908 14 292 11 881Financial long-term assets 10 638 4 847 6 737 3 774
Current assets 152 979 111 511 153 225 111 685
Other current assets 97 441 64 442 95 199 64 299Cash, bank accounts 55 538 47 069 58 026 47 386
Equity and liabilities 174 161 127 266 174 254 127 340
Equity 75 947 48 309 75 497 48 309
Paid-up equity 11 600 11 600 11 600 11 600Earned equity 64 347 36 709 64 347 36 709
Liabilities 98 214 78 957 98 307 79 032
Long term liabilities - 1 583 - 1 583
Current liabilities 98 214 77 375 98 307 77 449
2000 1999 1998 1997 1996
NOK1000 % NOK1000 % NOK1000 % NOK1000 % NOK1000 %
Revenues 212 083 100.0 186 927 100.0 207 539 100.0 186 796 100.0 168 703 100.0incl.income from res.councils 21 985 10.4 25 576 13.7 33 713 16.2 32 277 17.3 22 148 13.1Operating income 25 317 11.9 -16 303 -8.7 5 760 2.8 5 096 2.7 9 560 5.7Net profit 27 638 13.0 -12 911 -6.9 6 833 3.3 7 561 4.0 5 709 3.4
Number of staff 175 218 234 230 227Salaries and soc. expenses 96 339 45.4 105 544 56.5 99 200 47.8 95 666 51.2 87 974 52.1
Profitability 33 -34.0 4.2 4.1 8.9Liquidity ratio 1.6 1.4 1.7 1.9 1.7
Changes in working capital 20 628 -18 961 2 024 13 070 -1 638Working capital as of 31 Dec. 73 726 34 137 53 098 51 074 38 004
Change of liquidity 20 354 -6 158 1 670 10 307 13 620Liquidity 35 681 47 069 53 227 51 557 41 250
Equity 75 947 44 48 309 38 61 219 44 54 927 44 47 366 44
Key data
Project-relatedspecification of turnover
Turnover peractivity area
Personnel (totally 175 ansatte)
Foreign trade(35% of total turnover)
Shipping and shipbuilding (58%)
Offshore (35%)
Industry (5%)
Others (2%)
Europe (45%)
North America (38%)
Foreign companies in Norway (6%)
Far East (8%)
South America (3%)
MSc Eng./Univ.graduates (38.5%)
Dr.ing./Ph.D. (24%)
Engineers (8.5%)
Technical staff (16%)
Administration (13%)
(mill.NOK)
200
150
100
50
02000 1999 1998 1997 1996
Contract research
Strategic projectsBasic projects
OwnershipMARINTEK’s shareholders:
SINTEF 6.5 MNOK 56%Norw. Shipowners’ Assoc. 3.0 MNOK 26%Det Norske Veritas 1.0 MNOK 9%Found. of Shipbuilders’ Fundfor Research and Education 0.5 MNOK 4%Directorate of Shipping 0.5 MNOK 4%Federation of NorwegianCoastal Shipping 0.1 MNOK 1%
Total: 11.6 MNOK 100%
BoardShipowner Atle Jebsen, chairmanManaging director Roar ArntzenDivision manager Per Marius BerrefjordDivision director K. Magnus HavigDirector Bjørn J. SolheimProfessor Harald VallandFinancial secretary Eli FlaaSenior principal research engineer Carl TrygveStansbergSenior research engineer Dag Stenersen
ManagementManaging director Oddvar AamFinance manager Birger ÅldstedtDivision manager Kjell O. HoldenDivision manager Terje NedrelidDivision manager Roar HenningsenDivision manager Oddvar Eide
MARINTEK’s qualityprocessesGrowing demands are being made of researchinstitutes to the effect that they should contribute tothe creation of value-added in society. The techno-logical research institutes have a special role toplay here, as driving forces behind the process ofindustrial innovation.
If we intend to “sign on” for such a role vis-à-visindustry and participate in the development of pro-ducts and services, we need to live up to the sameprofessional standards as industry sets itself.
MARINTEK believes that it is possible to de-velop a creative and innovatory environment withina highly organised and well-structured operationalframework. Our ISO-9001 certification and theprocesses that have accompanied it within ourorganisation mean that we now have much clearerrelationships with our customers and with the con-tent of what we promise to deliver. We focus onprecise definitions of the quality and content of ourdeliveries, with the best interests of our customersin mind.
As far as our internal organisation is concerned,this will lead to more teamwork in mobilising thebest resources for any given project, i.e. a greaterdegree of interdepartmental cooperation, bothwithin MARINTEK itself and with the rest of theSINTEF Group.
MARINTEK- an innovation supplier that you can trust!
MARINTEK- part of the SINTEF Group
University cooperation- the basis of our activity
The Norwegian authorities have put a great deal ofresources into building up the maritime milieu atTyholt in Trondheim, where there is close coopera-tion between NTNU’s Faculty of Marine Technologyand MARINTEK. The Faculty takes care of educa-tion and basic research while MARINTEK’s activityis based on industrial contracts, where theResearch Council of Norway provides a limitedamount of basic financing for some of our projects.
Like the structure of the EU’s research pro-grammes, the Research Council also wishes toconcentrate its research efforts on those units thathave the potential to be “centres of excellence” inresearch.
Our research organisations should be in anideal situation to make their mark in such a connec-tion, and the Faculty is putting a great deal of effortinto drawing up plans that can be put into effect inthe very near future.
Success in this area will mean much for thedevelopment of our competence, which in turn willbenefit our national and international customers.
The SINTEF Group performs contract researchand development for industry and the public sectorin technological areas and in the natural and socialsciences.
With 1800 employees and a turnover of NOK1.5 billion, the SINTEF Group is one of Europe’slargest independent research organizations. Con-tracts for industry and the public sector account for90 percent of operating revenues.
The SINTEF Group works closely with theNorwegian University of Science and Technology(NTNU). Experts in various disciplines collaborateon projects, sharing laboratories and equipment.
MARINTEK is a company in the SINTEF Group.The offshore activities of the Group include thefollowing:
MARINTEK*- Development and verification of floaters, moorings
and risers. Strength calculations of flexible risers,pipelines, ships and platforms. Condition monitoring,diesel and gas engines, logistics.
SINTEF Petroleum Research*- Petroleum geology, basin modelling, seismics, forma-
tion physics, reservoir technology (IOR), drilling andwell technology, multiphase flow, underground CO2deposit, formation evaluation
SINTEF Energy Research*- Process plant, compressors, rotating turbomachinery,
gas turbines, multiphase flow in equipment, thermody-namics, power plants, electricity distribution, VOC, LNG
SINTEF Civil and Environmental Engineering- Mooring system foundations, oceanographic measure-
ments, oil-spill protection and the marine environment
SINTEF Materials Technology- Choice of materials, jointing, corrosion, wear, coat-
ings, fracture analysis, qualification and verification
SINTEF Applied Chemistry- Process plants and environmental technology, separa-
tion and purification, flow studies, reactor technology
SINTEF Electronics and Cybernetics- Process simulation, dynamic positioning, well instru-
mentation, sensor development
SINTEF Telecom and Informatics- Communications, instrumentation
SINTEF Industrial Management- Safety, reliability, maintenance, logistics and delivery
reliability, project management
SINTEF Applied Mathematics- Modelling, simulator development, production plan-
ning and optimisation
* Limited company
