Statoil, ABB Enter Subsea Technology Agreement

MarineLink.com
Thursday, September 05, 2013

Statoil and ABB have entered an agreement to develop solutions for subsea electrical power transmission, distribution and power conversion systems for water depths down to 3,000 meters and over long distances.

The agreement is in the form of a cost-shared joint industrial program (JIP) led by Statoil on behalf of other participating oil companies, with ABB as the technology developer. The agreement follows a large subsea electrification study executed jointly by Statoil and ABB during 2012.

“The JIP will develop technologies needed to provide electrical power to subsea pumps, electrical submersible pumps and subsea gas compressors for projects on the Norwegian continental shelf, in the Gulf of Mexico and other places around the world,” said Statoil senior vice president for research, development and innovation Karl Johnny Hersvik.

Subsea pumping and gas compression contribute to improved utilization of the oil and gas resources through higher recovery rates, reduced production costs, as well as enabling deep water production. “A cost-efficient and reliable power supply system is a key element for Statoil’s ‘subsea factory,’” Hersvik said.

Subsea electrical power distribution enables supply of all electrical loads using one single power cable. This greatly reduces the investment cost of the electrical system compared to existing solutions, which require one dedicated cable for each consumer (pump or compressor).

Cables constitute a major cost driver for subsea processing systems, and cable cost can be significantly reduced by subsea power distribution. The cost reduction depends on distance and required electrical power. For example, in a case with eight consumers and a distance of 200 kilometers from infrastructure, the electrical power distribution solution would reduce capital expenditures by more than $500 million.

The technology will also enable the transmission of electrical power over long distances. This is important for the development of remote fields located far from infrastructure, including Arctic areas.

The total cost for the five-year program is $100 million, including ABB funding.

statoil.com
 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Vestas Profit Beats Forecast

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling

MV Cape Ray Signals DTRA 'Mission Complete'

The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.

Technology

MV Cape Ray Signals DTRA 'Mission Complete'

The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.

BWTS SeaCURE Gains USCG AMS Acceptance

Evoqua Water Technologies LLC says that its SeaCURE Ballast Water Treatment System (BWTS) has been granted AMS Acceptance in all salinities. System highlights

New Offshore Vessel Management Mobile App

Telerik says that its customer Bhagwan Marine, a leader in servicing the oil and gas industry, together with partner, Glenfield Digital Group, has released the

Contracts

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Vestas Profit Beats Forecast

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling

OSV Hull Arrives at Havyard's Leirvik Yard

Havyard says that newbuild number 118 has arrived from Turkey at the yard in Leirvik, being the first of two vessels that will be outfitted to provide service and

Energy

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Russia Conducts High North Geophysical Surveys

For the first time, as part of the Arctic-2014 high-latitude expedition, nuclear icebreakers 'Akademik Fedorov' and 'Yamal' have conducted an entire complex of geophysical research at the North Pole,

Mærsk Putting Valuable Experience to Good Use

The Mærsk Deliverer rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent to take on increasingly

Marine Power

Elco Launches Electric Outboard Motor Line

Expansion into outboard category brings benefits of electric propulsion to even more boaters Elco Motor Yachts, a company in electric and hybrid marine propulsion for more than 120 years,

Laborde Now a Steyr Motors Distributor

To help increase business and provide even better service for its customers, Laborde Products has been chosen as a Steyr Motors distributor. The company will offer sales,

DBR to Deliver Custom Gas Genset for Platform E17a-A

DBR Generatorsets is on course to complete construction of a gas engine driven generator set for GDF SUEZ E&P Nederland B.V. in time for installation on the E17a-A platform at the end of the year.

News

Lukoil Shipped Canadian Crude from Houston

Russian oil major Lukoil has emerged as one of the first companies to buy Canadian crude re-exported from a U.S. port, shipping one cargo last month to its refinery in Augusta,

Shipping Industry Issues Ebola Virus Red Alert

Three global shipping organisations have issued guidance to their members on the risks posed to ships’ crews calling in countries affected by the Ebola virus, and

Port of Long Beach to the Rescue of Birds

The Port of Long Beach announced Tuesday that it is expanding its partnership with International Bird Rescue, a global expert in oiled wildlife emergencies and aquatic bird care,

Offshore Energy

Maersk Drilling Rig Team Train Local Talent

Maersk Drilling says that its 'Mærsk Deliverer' rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent

Russia Conducts High North Geophysical Surveys

For the first time, as part of the Arctic-2014 high-latitude expedition, nuclear icebreakers 'Akademik Fedorov' and 'Yamal' have conducted an entire complex of geophysical research at the North Pole,

Mærsk Putting Valuable Experience to Good Use

The Mærsk Deliverer rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent to take on increasingly

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1790 sec (6 req/sec)