View non-flash version
jor offshore oil and gas exploration off Nova Scotia and Moog Focal could quite likely have product involved in all facades of that work from seismic to drilling to production.Boyer added that, ?We try to grow in synergistic steps and the next area that we see substantial growth is in the sup- ply of our equipment to subsea well-heads and drilling systems.? But like any other company constantly striving for excellence, there are chal- lenges and being a world leader makes the task greater. ?If you are going to perform under- water, you can?t have a product that is going to fail in any shape or form,? said Glister, because that failure could cost the user of the product hundreds of thousands of dollars. And, of course, the manufacturer?s reputation. ?So there is the absolute need to per- form and that is the competitive side of the business,? he said. ?We are also becoming a little bit dollar conscious because costs are going up like crazy in oil and gas production markets so we are watching our pennies. But mainly we spend money to make our products high performance with a focus on ex- cellence,? he said. Glister said the company is constantly on the lookout for top notch talent to work in the Moog environment that has a reputation of treating its employees with trust and respect.Boyer sees nding well-trained tech- nologists and engineering graduates suitable for the marine industry a most pressing issue.?In the long term, it will be adapting to the change in oil sources from stan-dard oil and gas wells to shale, coal bed methane and similar non-conventional sources,? he said. Overall, Glister sees a bright future for Moog?s marine division. ?As far as I can see, the underwater technology sector will grow, and I think we have a future in growing with it here in Halifax. We certainly see a good fu- ture in what we do and we are focused on adding to that. It?s a fun thing to be in,? he added. One of Moog Focal?s many prod- ucts is a large electrical swivel for a ß oating production storage and ofß oading (FPSO) vessel. www.seadiscovery.com MTR #7 (66-81).indd 77MTR #7 (66-81).indd 778/23/2013 9:14:09 AM8/23/2013 9:14:09 AM
