The BC-10 asset, located in deep water offshore Brazil, produces heavy oil in the range of 16 to 24 °API. In this article, two examples of production optimization for this field will be provided (further examples are available in the complete paper). This paper evaluates the feasibility of a number of production- and export-riser configurations for ultradeepwater applications.
Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors. Shell and SBM Offshore won recognition for their Gulf of Mexico Stones field development. The OTC Distinguished Achievement Award will be presented during a luncheon on 1 May at the Offshore Technology Conference in Houston. Gene Kouba was recognized with the Projects, Facilities and Construction award during ATCE.
Megaprojects have come to define many of the world’s new resource projects but they are also a testament to the awesome engineering capabilities of the oil and gas industry. Find out who took home this year’s honors. Shell’s Parque das Conchas project, an ultradeepwater heavy-oil development in the northern Campos basin offshore Brazil, has won the IPTC Excellence in Project Integration Award. The award recognizes significant and unique achievements in managing and directing a project from discovery to delivery.
The growing amount of heavy crude processed worldwide has created additional separation challenges, leading some operators to turn to alternative technologies. In some cases, electrocoalescence has been an effective tool to separate oil from water. As the world's supply of crude becomes heavier, many of the world’s oil producers will have to think more carefully about heavy crudes and the challenges they pose for processing, storage, and transportation. At the end of the day, when you are working with heavy oil, the question is how to design your system, including both the layout and the functional aspects of various equipment. The OTC 2012 Spotlight on Technology awards highlighted subsea separation and boosting and subsea heavy oil and water separation technologies in deep water.
The complete paper highlights elements of the technical development and an overview of the primary building blocks of the system, and presents in detail some of the challenges in developing, designing, and testing the control system. 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 paper provides a fast-track approach to perform screening assessment of multiple subsea concepts. Technologies are being developed that have the potential to support marine mining in all stages from prospection to decommissioning. These developments will likely have substantial influence in the oil and gas industry, itself searching for ways to maximize exploitation of assets.
Companies in the petroleum industry, from exploration and production, to transportation, refining, and distribution, operate around the clock. This paper intends to raise awareness on the impact of fatigue in the petroleum industry and recommend a framework for fatigue risk management. A report from Rystad Energy shows a near-term boost in the global floating production market, with more than 30 new FPSO projects possibly reaching sanction from 2019 to 2021. RDS, a KCA Deutag division, and Kavin Engineering and Services entered into a strategic alliance to jointly pursue design and engineering projects across the upstream and midstream oil and gas market. Last month, KCA Deutag agreed to form a joint venture with SOCAR.
One of the company’s pipelay and construction vessels will install rigid and flexible pipelines for Equinor’s Peregrino Phase 2 project, adding an estimated 273 million bbl of recoverable oil to the field. Subsea Production Systems—Will 2019 Be a Tipping Point? The past year ended with a surge of subsea tree awards as E&P operators locked in lower supply-chain cost. Will demand continue to grow in 2019 and allow subsea OEMs to build backlogs and take back pricing power? New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s.
Phase 1 production from the deepwater US Gulf of Mexico field is expected to reach 30,000 BOPD. The field contains an estimated 5 billion bbl of oil in place. After suffering major setbacks, Chevron’s massive Big Foot project finally achieved first oil last November in the US Gulf of Mexico. With the setbacks in the rear-view mirror, project personnel spoke about the challenges. BP and partners have sanctioned the Azeri Central East project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli oilfield complex in the Azerbaijan sector of the Caspian Sea.
The subsea tieback is expected to start up in 2021. This is Shell’s second major development on a tieback in the US Gulf of Mexico, following Kaikias’ startup in May. Bravo is the second of four platforms to be decommissioned and removed from the Brent field, following Brent Delta in 2017. The field has produced approximately 3 billion boe since 1976. First cargo from the world’s largest floating LNG project comes in the midst of low LNG prices sparked by a global supply boost.
As companies have focused on giant capital investments onshore and offshore to drive growth, they have often focused less on field operations, especially OPEX. This represents an enormous opportunity to address profit squeeze by improving overall cost efficiency in oil and gas projects. Take a closer look at heat exchangers, including the various types and designs available, applications, and selection considerations. This article helps the project engineer, who is not an equipment specialist, to check that economical choices are made across all involved disciplines. The field startup is Hurricane’s first step to actualizing its potentially considerable resources in the UK North Sea.