Offshore/subsea systems
Industry forecasts point to increasing upstream expenditure and production, even as geopolitical volatility and smaller discoveries challenge project economics.
How OSRL, InterMoor, and Oceaneering adapted existing technologies into a method for landing a capping stack on a shallow-water well.
The Absheron gas field expansion will supply additional natural gas to Azerbaijan’s domestic market and support its export commitments to Turkey, allowing Baku to stay focused on meeting its gas export obligations to Europe.
-
Westwood forecasts a recovery in the subsea market backed by a new wave of offshore investment. Subsea vessel operations and hardware expenditure are expected to total $152 billion from 2019 to 2023. -
The firm hopes to remedy the cost-, labor-, and time-intensive process of executing offshore projects through deployment of “Subsea Connect,” which it says can cut project development costs by 30%.
-
As part of a 2-year deal, the Kreuz Glorious will help with the inspection of offshore jackets in the Arabian Sea. Kreuz will also provide personnel for project management and offshore construction.
-
The paper provides a fast-track approach to perform screening assessment of multiple subsea concepts.
-
As the hunger for data grows, long stepouts become more common, and fiber communication becomes standard, the use of fiber in subsea oil and gas fields is set to increase.
-
The latest entrants to tackle the development of barrier-fluid-less subsea pumps are Saipem and Curtiss-Wright Corp., who agreed to collaborate in designing and building pumps for water treatment and injection.
-
The JIP aims to bring to market a single-phase subsea boosting system that does not require barrier fluid or a mechanical seal.
-
An increasingly buzzy term tossed around at industry events, “digital twin” is leveraging data analytics, machine learning, and artificial intelligence to improve efficiencies from design to decommissioning.
-
When two engineers lost their jobs during the industry downturn, they used the misfortune as an opportunity to develop an innovative concept that aims to make it a lot easier to move subsea gas long distances.
-
Subsea 7 completed the acquisition of Siem Offshore Contractors along with a cable-lay vessel and a support vessel.
