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.
-
Fiber-optic-system installations have reduced the need for intervention by logging tools and have given crucial insights into wellbore integrity and reservoir production.
-
The growing desire of offshore operators to speed up subsea field development while reducing costs has fostered many compelling innovations.
-
My, what a difference a year makes as I look back at last year’s interest vs. this year’s. Improved-oil-recovery (IOR) technology and remotely-operated-vehicle support were in the forefront last year. This year, the buzz is around high pressure/high temperature (HP/HT). This is not to say that IOR technology has vanished or become passé; far from it. But this year’s g…
-
The design of subsea equipment for pressures greater than 15,000 psi and temperatures more than 250°F is a substantial challenge. The current standard from the American Petroleum Institute (API), Specification 17D, for designing subsea equipment provides little guidance on conditions exceeding these measurements. This work has been performed to demonstrate the accepta…
-
In 2013, as deepwater projects become increasingly capital intensive, there are economic challenges for exploration and production (E&P) companies and a potential prize for international oilfield service and equipment vendors. Deepwater represents a long-term opportunity.
-
The market for subsea vessel operations in field development; inspection, repair, and maintenance (IRM); and subsea well intervention is expected to grow 63% during 2012 to 2016.
-
Complexity is now a day-to-day parameter in the world of the subsea engineer. We are not developing these systems for fun; huge value is associated with maximizing recovery from these deep, remote oil and gas reservoirs.
-
Asset integrity management encompasses the design, operation, and maintenance of an asset to preserve its integrity at an acceptable level of risk throughout its operating life.
-
The OTC 2012 Spotlight on Technology awards highlighted subsea separation and boosting and subsea heavy oil and water separation technologies in deep water.
-
After approximately 25 years of development, subsea gas compression technology has advanced to a readiness level worthy of full implementation in the North Sea.