Offshore/subsea systems
Alongside the new subsea awards, Equinor strengthened its position in the 400-million-bbl Bay du Nord development by acquiring BP’s interest in the project.
The $5.1 billion ultradeepwater project is Angola’s first integrated cross-block development and sits at the top of Azule’s Southern African portfolio.
Equinor and its partners’ investment in the Troll West Increased Gas Recovery North (TWIN) project aims to unlock around 11 Bcm of additional natural gas from the Troll field, with first production targeted as early as 2028.
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As offshore development moves into deeper waters, harsh environments, and longer distances, the economic and practical advantages of moving as many components to the seafloor as possible has become a driving factor in technology development.
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There is an increasing need to understand the strength and durability of subsea wellheads and conductors.
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This paper demonstrates a design methodology that combines the API and American Society of Mechanical Engineers (ASME) Boiler and Pressure Vessels Code (BPVC) for designing an example subsea pressure containing component for HP/HT conditions greater than 15,000 psi and 250°F.
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Over the next decade, the number of electrically powered subsea systems in operation around the world will increase as companies adopt new technologies to produce oil and gas offshore more efficiently.
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The world's first full-scale subsea gas compression system is the final stages of construction and is on schedule to be installed in the Åsgard gas field offshore Norway by year's end.
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This paper focuses on the applicability of subsea processing technology employing multiphase pumps to develop marginal fields commercially. Analytical methods were used to evaluate the pumps, and the results were validated through case studies in specific fields.
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Expenditure is forecast to increase more than operational days because of the move toward deeper waters and more complicated offshore field development programs, which demand higher specification, higher cost ROVs.
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Robotic submarines, capable of operating by themselves thousands of feet underwater for months or perhaps years at a time, are under development as the vanguard of tomorrow’s subsea oil and gas fields.
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Integrity management involves availability, access, and the analysis of necessary information.
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The global subsea vessels market is expected to reach more than USD 100 billion in the next five years, with demand up by 23%.