Technology company Tracerco, part of the FTSE100 Johnson Matthey Plc, has been awarded the top accolade in subsea technology at this year’s prestigious Pipeline Industries Guild Awards for its breakthrough technology, DiscoveryTM for inspection and flow assurance of subsea coated pipelines.

Tracerco received the Subsea Technology Award for DiscoveryTM, the world’s first subsea CT scanner - which provides oil companies with the capability to scan any subsea pipeline from the outside, to gain an accurate picture of the condition of the pipe and its contents, without removing protective coatings or insulation and without any interference with production.

The research and development team at Tracerco were presented with their prestigious award at a ceremony in London’s Grosvenor House Hotel this week after the judges selected DiscoveryTM as the most significant contribution to subsea pipeline technology in 2014.

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