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We encourage you to take advantage of the technical programming and networking opportunities that these co-located events offer. Fawaz Bitar, IOGP Chairman, will present the IOGP Young Professionals Award. The Executive Plenary session will bring together industry executives and leaders to discuss their perspectives on the region’s foremost challenges and opportunities. A special emphasis on the interdependency between sustainable development and technology advancement will provide the audience with actionable insights to support regional and global growth efforts.A special emphasis on the interdependency between sustainable development and technology advancement will provide the audience with actionable insights to support regional and global growth efforts, intersecting touch points on how organizations are adapting and aiming to thrive with the wake of COVID-19. The opening panel session at LACPEC will focus on technologies and field operations that improve asset development in unconventional plays.
Askeladd Vest is Phase 2 of the Snøhvit gas development, which is expected to see an FID this year. Sleipner’s share in net-zero emissions savings will be more than 150,000 tonnes per year. Although these look like ordinary tankers, they are unique and run on LNG and recovered oil vapors. The Norwegian wind farm is expected to start up in 2022. The wind farm is also expected to create spinoff effects during the project’s life.
The single independent riser (SIR) is a hybrid riser configuration optimized for ultradeepwater field development. The SIR is composed of a flexible jumper and a rigid part vertically tensioned by means of distributed or continuous buoyancy. This paper describes an automated work flow that uses sensor data and machine-learning (ML) algorithms to predict and identify root causes of impending and unplanned shutdown events and provide actionable insights. The Monument well represents the Norwegian operator’s first deepwater drilling project in US waters in 5 years. Transocean reported a long list of reasons why the deepwater drilling business is coming back strong.
The complete paper presents a technical discussion of a new microsampling technique for LWD and a corresponding wellsite technique to provide compositional interpretation, contamination assessment, reservoir-fluid compositional grading, and reservoir compartmentalization assessment. The complete paper presents a solution that assesses tight matrices and natural fractures at a level not previously achieved. At the tight-matrix level, advanced nuclear spectroscopy is carried out with a new pulsed-neutron device that achieves simultaneous time- and energy-domain measurements. The paper describes options for hydrate and integrity management and the required modifications to both subsea and topside facilities to enable an operational philosophy change. The traditional subsea tieback model is evolving, supported by advances in flow assurance that allow tiebacks over much longer distances and by the introduction of new technologies that increase overall cost effectiveness. International SOS has led medical services operations on offshore installations globally and has managed clinical cases in which patients presented with signs and symptoms of known infectious illnesses. The complete paper describes a service company’s approach to the development and application of technology and innovative solutions to improve driving performance on the basis of extensive data analysis. A pilot project was initiated to classify oil and gas projects in Mexico using the United Nations Framework Classification. In 2015, the world’s first subsea multiphase gas compression system was installed offshore Norway. The system comprises two-off 5-MW machines configurable for serial or parallel compression. This system has now gained considerable and valuable operational experience. Individually and collectively, we are currently facing undeniable difficult times.
With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull. Nearly everything’s on the table as companies aim to shore up portfolios by curtailing investments and dumping low-priority assets. An independent study pegged the cost of the project at about $2.6 billion, 80% of which Norway’s government planned to fund. The ministry said there is uncertainty about Northern Lights’ benefits and that it could prove to be unprofitable. Houston-based Occidental had earmarked the money to ease debt from buying Anadarko.
For the seventh straight year, the regulatory body has found offshore operations continue to improve based on an efficiency model developed in partnership with the SPE. In its push to boost deepwater production, Petrobras is aiming to launch a leasing tender to build an FPSO described as Brazil’s largest-ever oil platform. Decommissioning work begins in the Campos and the Sergipe-Alagoas Basins. Awards are expected to recover to seven vessels next year. Over the past 10 years, only 2016 saw a lower level of activity when not a single FPSO contract was awarded. The inspection projects to assess water ingress will be done via remotely operated vehicle.
The Búzios-5 production system is planned to include the interconnection of 15 wells to a floating production, storage, and offloading vessel in two phases. Armada to install ROV launch and recovery system on its fleet of robotic ships. Delivery of the umbilicals is expected in Q4 2021. The King’s Quay FPS achieved FID in Q2 2019, and is expected to process up to 80,000 B/D of crude oil with first production in 2022. WFS Technologies’ collaboration is its second in as many months supporting its Seatooth technologies.
The country’s once-thriving railway system has skidded to a stall, falling victim to low crude-oil prices, reduced demand, and government-imposed oil production cuts. Production of paraffinic crude presents challenges due to depressurization and cooling of crude oil during production. US Court decisions put two major pipelines on hold and led to the cancellation of another pipeline project within days of each other. The Búzios-5 production system is planned to include the interconnection of 15 wells to a floating production, storage, and offloading vessel in two phases. CB&I Storage Solutions joins a list of contractors working on the Trans Mountain Expansion Project.
A new idea from Equinor calls for autonomous submarines to transport CO2 from the surface to the seabed. The Norwegian operator says the shuttles could also carry oil and water for injection. Phase 1 is expected to be operational in 2024. For the offshore sector, the collapse in oil demand and prices came just as the market was beginning to look up. Now many companies are focused on survival.
The fully remote inspection was conducted with an ROV to increase worker safety and security and reduce environmental exposure on an offshore platform. Repair work on the Gorgon LNG plant’s propane heat exchangers is underway. Planned maintenance on the Gorgon Train 2 was expected to end in July. Around $90 billion, or 40% of the revenue from the top 50 players in the global service market, could potentially be replaced by energy transition projects, such as clean energy infrastructure and renewable energy production development services. In its push to boost deepwater production, Petrobras is aiming to launch a leasing tender to build an FPSO described as Brazil’s largest-ever oil platform. Decommissioning work begins in the Campos and the Sergipe-Alagoas Basins.