World Offshore MMO: From Slow to Grow
Low prices will constrain maintenance and modifications in the coming year. However, maintenance can only be delayed so long, leading to a long-term outlook of growth in the market for maintenance, modifications, and operations.
Implementing a Deepwater-Pipeline-Management System
There are few deepwater-pipeline operators with expertise in pipeline repairs. This paper describes a strategy developed and implemented on deepwater-pipeline intervention, based on a deepwater operational experience built over a decade.
Optimization of Reliability and Maintenance Unlocks Hidden Value
Compared to the US industrial average downtime ranging from 3% to 5%, the oil and gas industry’s estimated downtime ranges from 5% to 10%,indicating that improvement is needed in reliability and maintenance of facilities, equipment, and processes.
Deepwater Developments and Increased Confidence Drive Growth in Subsea Vessel Operations
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.
Strong Growth Forecast in Offshore Operations and Maintenance Expenditure
Douglas-Westwood expects 8% growth in offshore operations and maintenance (O&M) expenditure annually from 2012 to 2016. O&M are markets considerably less vulnerable to downturn than their capital‑led counterparts.
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