Atlanta 7/30/2015 8:00:00 PM
MissionIR News - ENGlobal Corp.’s (ENG) UMCS Reigns as Cost Effective and Efficient Master Control System Solution
MissionIR would like to highlight ENGlobal Corp. (NASDAQ: ENG), an engineering services firm that specializes in oil and gas automation solutions, subsea control systems, and engineering and construction projects. Housed within its Subsea Controls and Integration (SCI) group is the company’s patented Universal Master Control Station (UMCS), the result of a collaborative development effort with a major global oil company that recognized an important need in the offshore oil and gas industry.
In the company’s news:
ENGlobal is a specialty engineering services firm specializing in oil and gas automation solutions, subsea control systems and engineering and construction projects. The company offers its vast suite of reputable services through its Automation and Engineering business segments, which service the upstream, midstream, downstream, alternative energy and government sectors.
ENGlobal’s Automation segment provides a wide range of services related to the design, fabrication and implementation of distributed control, instrumentation and process analytical systems. The Engineering (EPCM) segment specializes in consulting services for the development, management and execution of projects requiring professional engineering, construction management, and related support services. Within the Engineering segment, ENGlobal’s Government Services group provides engineering, design, installation and operation and maintenance of various government, public sector and international facilities, and specializes in the turnkey installation and maintenance of automation and instrumentation systems for the U.S. defense industry.
ENGlobal also operates its Subsea Controls and Integration (SCI) group, which houses the company’s patented Universal Master Control Station (UMCS), a technology co-developed with a major global oil company that recognized an important need in the offshore oil and gas industry.
In offshore oil and gas projects, subsea equipment vendors are responsible for the topsides (the upper half of an offshore oil platform) subsea controls component. In developments with multiple vendors, operators work with multiple topsides subsea controls components, creating the need for an integrated solution to streamline operations. ENGlobal’s UMCS is emerging as an ideal solution for many subsea projects of this nature.
ENGlobal’s UMCS includes standardized and secure communication interfaces between major vendors of subsea equipment, distributed control systems and topside equipment, providing seamless integration of critical control execution and data monitoring. Because UMCS takes less time to build and interface with topside systems and components, the solution offers savings in design and acceptance testing. The technology monitors and controls subsea control pods at the wellhead from multiple subsea equipment providers without disturbing the subsea vendor’s innate communication protocol.
ENGlobal previously reported that UMCS has effectively cut engineering time by 80% in terms of system and design fabrication, software development, human machine interface graphic creation, subsea communications interface, and EPU/HPU interface – this capability makes UMCS one of ENGlobal’s many market leading solutions in the broader automation and engineering industry.
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
