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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 latest entrants to tackle the development of barrier-fluid-less subsea pumps are Saipem and Curtiss-Wright Corp., who agreed to collaborate in designing and building pumps for water treatment and injection. In trying to reduce the footprint of facilities, operators often select the wrong piping components, hampering the performance. Selection of the right piping can avoid separation issues.
An analysis of existing wells in the Martin Linge field, conducted by Equinor when it took over as operator from Total, revealed that several did not have sufficient barriers, leading the company to plan new wells to ensure safe operation. The oil and gas sector has always been inherently risky. No matter how far mitigating efforts go or by how much technology improves, it is unlikely that risk will be removed entirely anytime soon. That being said, the sector has made huge strides in recent years to better protect those who serve it. Lloyd’s Register has partnered with STC Global to create an artificial intelligence tool expected to provide insight from incident data captured by HSE functions but left untapped. There has been an increased number of major accidents at industrial facilities globally as many have come back online post-lockdown. Major oil and gas trade groups expressed confidence in their readiness for a busier-than-usual hurricane season in 2020, even with added logistical considerations stemming from the coronavirus pandemic. 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. The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings.
The EPSO surveys were completed offshore Mexico for Total and Cairn in compliance with requirements of Mexico’s National Agency for Safety, Energy, and Environment. With contracts canceled and pressures mounting, offshore oil drillers struggle to stay afloat. With contracts canceled and pressures mounting, offshore oil drillers struggle to stay afloat. Sandvik and Van Oord’s announcements come a week after oil major BP said it’s slashing 10,000 jobs. Texas LNG’s CEO Vivek Chandra and ALNGE Principal Luc Speeleveld outlined key issues and concerns facing the US LNG industry now and in the future as market dynamics remain affected by COVID-19.
Among the top 50 oilfield service firms, downsizing is estimated to land at a headcount of 610,000, down from the 760,000 maintained after the 2016 downturn. The fully remote inspection was conducted with an ROV to increase worker safety and security and reduce environmental exposure on an offshore platform. The partnership will deliver autonomous robots for safe work in adverse land, sea, and downhole environments. A recent test proved the feasibility of using LiDAR on remote-controlled drones to create 3D maps of the inside of tanks, increasing the safety and efficiency of inspections. The fire at the Terra Nova FPSO comes 6 months after C-NLOPB found Suncor noncompliant with regulatory requirements and suspended operations.
The research will focus on potential policy changes that could help increase oil and gas production from deepwater infrastructure already in place in the Gulf of Mexico to reduce stranded assets. BSEE said details of the policy change will come later this year. Various industry experts discussed the progress of an initiative led by SPE and BSEE to develop a safety data-sharing framework to help mitigate potential risk in operations.
The basic objective of this course is to introduce the overview and concept of production optimisation, using nodal analysis as a tool in production optimisation and enhancement. The participants are exposed to the analysis of various elements that help in production system starting from reservoir to surface processing facilities and their effect on the performance of the total production system. Depth conversion of time interpretations is a basic skill set for interpreters. There is no single methodology that is optimal for all cases. Next, appropriate depth methods will be presented. Depth imaging should be considered an integral component of interpretation. If the results derived from depth imaging are intended to mitigate risk, the interpreter must actively guide the process.
The oil and gas industry has always been a competitive arena, in which handling risks effectively has now become critical for business efficiency. The effect of risks on project costs should be carefully quantified in order to implement efficient measures to mitigate these risks. Charles Osborne of BP diseases the role that real options can play in managing risk. Young professionals examine questions surrounding two risk-related topics—risk perception and the value of risk analysis. A conversation with Tricia Stephens, who recommends getting out of your comfort zone.
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. In 2013, ExxonMobil PNG facilitated a public/private partnership to improve healthcare education at the University of Papua New Guinea and clinical management in child health at Port Moresby General Hospital and other facilities. The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings. With their gee-whiz—albeit artificial—intelligence, robots may be the industry’s answer to jobs deemed dangerous, dirty, distant, or dull.
The new geothermal project development company will offer expertise in subsurface and drilling, project development, and risk mitigation. The oil and gas industry is increasingly characterized by complex connectivity, but our digital dependency brings a new realm of cyber risks. The complete paper discusses Equinor’s operation planning tool, developed to present planners with the technical conditions of a platform, identify potentially dangerous combinations of concurrent activities, and propose learnings from 8 years of incident recordings. Nearly everything’s on the table as companies aim to shore up portfolios by curtailing investments and dumping low-priority assets. New report offers guidelines for pressure pumpers of the future.