Ultra-Deepwater Drilling: Technology Design Alliance

Press Release
Monday, February 04, 2013

BP signs agreement with Maersk Drilling to develop designs for a new breed of advanced technology offshore drilling rigs.

The agreement is part of BP’s Project 20KTM, a multi-year initiative to develop next-generation systems and tools for deepwater exploration and production that are beyond the reach of today’s technology.

BP and Maersk Drilling will collaborate on concepts for deepwater drilling rigs that can operate in high-pressure and high-temperature reservoirs up to 20,000 pounds per square inch and 350 degrees Fahrenheit.

A jointly staffed engineering team will be located in Houston, with back-office support from Maersk Drilling’s headquarters in Copenhagen, Denmark. The team will perform the engineering studies required to select the optimal design of the 20KTM drilling rigs, riser and blowout prevention equipment. BP will then determine how best to proceed with construction.

It is anticipated some of the technologies to be developed and deployed on the new rigs will include advanced operating systems to aid the situational awareness of the rig crew and inform decision making; real-time blow-out-preventer monitoring to continuously verify functionality of the BOP; and significantly enhanced mechanical capabilities of the BOP, rig structures and piping systems.

“This agreement marks another important step in taking Project 20KTM from concept to reality,” said Neil Shaw, BP’s Chief Operating Officer, Projects. “It also highlights BP’s commitment to seeking out the best partners and minds for a project that will move the entire offshore industry forward.”

BP announced the launch of Project 20KTM in February 2012, setting out its intention to develop technologies over the next decade in four key areas: well design and completions; drilling rigs, riser and blowout prevention equipment; subsea production systems; and well intervention and containment.

BP estimates it could potentially access an additional 10-20 billion barrels of resources across its global portfolio over the next two decades with the application of Project 20KTM technology. These resources are inaccessible with current equipment, which has a technical limit of 15,000 psi pressure and temperatures of 250 degrees Fahrenheit.
 

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

Technology

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Maritime Reporter @ 75: The Daily Cartoon

Maritime Reporter & Engineering News was founded by John J. O'Malley (1905-1980) in 1939, and today ranks as the world's largest audited trade publication in the world serving the maritime industry,

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

Offshore Energy

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Update: Explosion in the Gulf of Mexico

An explosion occurred aboard a production platform Thursday at West Delta 105, operated by Fieldwood Energy, resulting in one fatality and three injured. The Bureau

Deepwater Semi-Sub COSL Prospector Delivered

COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province.

Underwater Engineering

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

EMGS to Map Brazil's Gas Hydrates

Electromagnetic Geoservices ASA (EMGS) has received a contract worth USD 1.5 million for a research project in Brazil. The project will use 3D EM data to map

Rosneft Completes Geological Survey

Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014. In the current year geological survey covered

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Winch
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: 0.1253 sec (8 req/sec)