ALEXANDRIA, Va., Nov. 6 -- United States Patent no. 12,460,498, issued on Nov. 4, was assigned to Fox Subsea AS (Bryne, Norway).

"System and method for remotely controlling a running tool" was invented by Kjetil Storhaug Njaerheim (Sandnes, Norway), Jan-Robert Lingjaerde (Sola, Norway), Bjorn Tore Lien (Bryne, Norway), Kenneth Thunheim (Naerbo, Norway) and Thomas Aunvik (Kleppe, Norway).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system is for remotely controlling a running tool to install equipment in a subsea well through a subsea structure. The system has a control device for controlling the running tool and a communication module for wirelessly communicating with the control device. The control devic...