Offshore/subsea systems
Offshore activity is expected to begin in 2027 with first oil from the 20K-psi project slated for 2028.
Brazil’s ANP extends BW Energy’s contract for the deepwater field from 2031 to 2042, and BW plans to further develop the field.
The shallow-water subsea tieback to the Jupiter platform is expected to produce about 250 MMcf/D of gas at peak.
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This paper identifies potentially significant hidden value of subsea multiphase boosting technology, or aspects of it that have not received adequate attention during the field-development decision-making process. -
The Dalmatian project is a brownfield development and represents the world’s longest multiphase tieback by boosting at some 35 km; the boosting system is installed at approximately 6,000 ft water depth.
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A subsea water-treatment system designed to leverage space availability, steady temperatures, lower bacteria levels, and other natural benefits of the seabed environment was successfully installed during pilot testing at the Ekofisk field offshore Norway.
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Aimed at streamlining manufacturing processes and significantly reducing costs, the practice provides standardized operator requirements that DNV GL says will ensure consistency in the fabrication of subsea pressure retaining equipment such as wellheads, manifolds, and jumpers.
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Bloomberg reports that Saipem is seeking to bulk up and weather an industry downturn. A potential deal could create an oilfield service giant with more than $12.4 billion in revenue.
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Before the dream of a “subsea factory” can come true, a group of North Sea companies will need to see if the required technology is economically feasible to build.
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Technip Energies will work on a backlog comprising more than 50% in LNG-related business. Retaining the TechnipFMC name, RemainCo will generate nearly 90% of its revenue outside the US and Canada.
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Subsea advancements in the works include longer tiebacks, an underwater drone that lives on the seafloor, and a robotic manifold capable of actuating dozens of valves. Do these new capabilities, born of necessity, signal a sea change in industrywide technology development?
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The company’s new approach is designed to cut the time required to generate optimal subsea field layouts.
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After seeing a significant increase in the price level for subsea equipment, Equinor says it is realizing the ways in which standardized subsea templates help build financial competitiveness. The new standard allowed for the installation of 14 templates in one month.
