Subsea Markets Face High Stakes if Oil Prices Slide
In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel.
McDermott Completes First Installation Campaign for R-Cluster Project Offshore India
Completion comes despite two cyclones disrupting the project area during installation, McDermott said.
AUVs Gain Momentum in Oil and Gas Operations
AUVs have evolved from an emerging technology with niche uses to a viable solution and an established part of operations in various marine sectors. Douglas-Westwood’s AUV Market Forecast considers the prospective demand for AUVs in the commercial, military and research sectors over the next 5 years.
Statoil: Subsea Compression Systems To Extend Field Life
A closer look at the design and construction of Statoil’s subsea gas compression systems in the Åsgard and Gullfaks fields, the first of their kind in the oil and gas industry.
How Much Would You Spend To Develop a New Technology?
The value of new technology, and its ROI, is examined. Understanding the value proposition is not a trivial matter. When investing in facilities technologies, we have traditionally looked to invest in those that will reduce Capex or Opex. But what about niche technologies?
Innovative Solutions Enable Production Start of China’s First Marginal Subsea-Tieback Oil Field
Linhua4-1 was China’s first tieback subsea development project. To develop this marginal oil field, a number of technical challenges were overcome through a series of new technologies, and their successful development and implementation.
Design Method Combining API and ASME Codes for Subsea Equipment for HP/HT Conditions up to 25,000-psi Pressure and 400°F Temperature
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.
Reassessment of Multiphase Pump on Field-Case Studies for Marginal-Deepwater-Field Developments
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.
Subsea Vessel Operations Market Poised for Increase in Demand
The global subsea vessels market is expected to reach more than USD 100 billion in the next five years, with demand up by 23%.
Subsea Hardware Spend Forecast To Double From 2013 to 2017
Deepwater activity is booming in the Golden Triangle (Brazil, west Africa, and the Gulf of Mexico), which is forecast to account for 44% of total subsea hardware expenditure. Trunkline projects are of particular significance.
Design of Gelled Fluid for Debris Removal in Subsea Pipeline
This paper presents the results of tests conducted to design a fast-breaking gelled fluid for a debris-removal operation in a long, large-diameter subsea pipeline in the Asia Pacific region. where traditional pigging was not an option.
Standardization in Underwater Facilities Engineering
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.
Field Development Options and Selection Strategies
Facilities engineering has grown with the industry’s advance into deep water and the development of complex subsea systems to produce the resources found there.
Offshore Asset Integrity Management Advances With New Technologies
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.
Measurement Technologies for Subsea Processing Systems
The OTC 2012 Spotlight on Technology awards highlighted subsea separation and boosting and subsea heavy oil and water separation technologies in deep water.
Comparison of Multiphase Pumping Technologies for Subsea and Downhole Applications
The selection criteria for multiphase boosting options remain somewhat subjective. A comprehensive literature review into the working principles of the major pump types identified the intrinsic advantages and limitations of each technology for subsea and downhole applications.
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03 October 2019
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