Fastwave Receives Subsea Energy Australia Awards

 

Fastwave Communications, a developer of remote asset data acquisition systems, has scooped two out of five awards at the inaugural Subsea Energy Australia Awards held on May 27, 2011.

Fastwave’s OceanStar subsea sensor monitoring system won the Subsea Innovation Award and the Standard of Excellence Award. The system has been widely used for providing real-time dredge plume monitoring.

The Subsea Innovation Award, sponsored by Technip, recognizes the development of innovative products or services within the subsea sector, and demonstrating market penetration and growth.

The Standard of Excellence Award, sponsored by Wood Group Kenny, recognises a team or individual who has set a standard of excellence in performance or execution of a project, manufactured item, procedure or other.

The OceanStar system provides real-time data acquisition capability from subsea sensors by integrating underwater, satellite and internet technologies. It offers global capability, and utilizes a unique system that allows all high value instrumentation and electronic equipment to be located on the seabed, rather than in data buoys. This configuration enables simple, low cost system deployment, and reduces vulnerability to extreme weather events, theft, vandalism and collisions that can affect large data buoys. The system can be integrated with various types of sensors, depending on the application. Since 2007, OceanStar has been deployed at multiple sites in some of the most extreme demanding marine conditions.

Nick Daws, Director – Business Development, received the awards on behalf of Fastwave.

“I believe that these awards reflect the growing awareness amongst the Australian energy industry that innovative and reliable subsea solutions can be developed by local companies such as Fastwave. We are particularly pleased that our technology has been adopted by major companies such as Woodside Energy and Chevron to meet their requirements for real-time subsea data” said Mr Daws.

These awards follow the West Australian Information & Telecommunication Award that Fastwave received for the OceanStar system in April 2011.

Source: Fastwave, June 1, 2011;

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