Forgot Password New User

Please fill out the form below to contact .

We will be in contact shortly.

message

Newsroom

Latest News From Nova Systems

Media Article - 'Industry can still make savings'

Jun 15, 2016

The oil and gas industries could learn from the aerospace industry’s success in cutting costs by constant technological improvements, former test pilot  Jim Whalley told the APPEA conference.

“On the not too distant horizon, I envisage digitised oil and gas assets will not only diagnose their own condition through complex data analytics, but well supervisors will also eliminate equipment failures through data-driven, predictive maintenance techniques.”

Speaking to journalists afterwards, he said he was sure there were savings to be made in the industry, though where they were was yet to be determined.

Whalley, now chief executive and chairman of Nova Systems, the engineering and management services company, said remote sensing, satellite communications and the processing of large amounts of data were now affordable technologies.

These could save companies money through things like reducing the amount of manpower needed to do things.

There could be savings from predictive maintenance, with vibration sensors constantly monitoring equipment such as a pump, rather than waiting for it to fail.

A certain amount of experimentation would be needed, he said, “but the nice thing is that we have some clients out there who are prepared to do it”.

In one case they had been able to generate A$60 million (US$44.8 million) in commercial savings by streamlining the engineering management systems over the life of a project.

He said there could also be benefits from some form of standardisation across the industry.

“Trying to design a major project from scratch is high risk,” he said.

By Brian Donaghy

View More

G-NSYS on display at Farnborough

Jun 15, 2016

Nova Systems will be exhibiting at Farnborough International Airshow 2016, from 11th to 15th of July 2016.

We will be located at Hall 4, stand H4/130, and our H135 systems development and trials helicopter will be on display with a number of different trials and equipment installations.  If you are interested in Flight Testing your equipment then please come and see us!

 

View More

APPEA 2016 - Technology Integration through Systemised Optimisation

Jun 10, 2016

We were excited to be able to exhibit and demonstrate our capabilities at this weeks APPEA conference in Brisbane.

It was a great opportunity to share lessons learnt for our more traditional industries of Defence and Aerospace, as shown through Nova Systems CEO – Jim Whalley, keynote plenary speech titled ‘ Aerospace meets oil and Gas – Technology for accelerated optimisation’.

We are looking forward to next year’s conference.

View More

Price woes knock heads together in LNG sector

Jun 10, 2016

Portion of Article taken from The Age | Business Day  9 June 2016

 

From aerospace to CSG

Talk of collaboration and a new way of working is nothing new, but practical examples are starting to emerge. Bennett points to work Clough has done with a Queensland coal seam gas client on reducing the size and scale of wellhead modules to make them economic to be transported by air, saving many millions in costs and time. The client’s openness to consider the idea was forced by financial pressures. 

Gas producers are also starting to borrow from other industries, including – rather surprisingly – aerospace and defence.

Former fighter pilot Jim Whalley’s Nova Systems is bringing complex systems engineering from the aerospace sector to Queensland coal seam gas, and says work with Origin Energy has found $65 million of savings over the project life on well start-up processes.

Modest perhaps for a multibillion-dollar project, but it adds up, Whalley says, noting that the 4 per cent fuel savings achieved in the global airline industry through now-commonplace winglets has saved more than $US8 billion to date.

Read more: http://www.theage.com.au/business/price-woes-knock-heads-together-in-lng-sector-20160609-gpf21y.html#ixzz4B9VEzfTR
View More

SEA1000: Australian Defence Industry is Ready to Participate

Jun 10, 2016

Our Maritime General Manager – John Godwin provided commentary in APDR’s latest update on SEA1000: Australian Defence Industry is Ready to Participate.

View the Full Article Here.

Page 22

View More