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

Technology

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Lilaas Engages Imtra for N. American Distribution

Strong prospects in the North American marine equipment market have triggered a new importation and distribution agreement between control specialist Lilaas

Offshore Energy

Deep Sea Supply takes Delivery of 'Sea Triumph'

The Deep Sea Supply  took delivery of the newbuilding Platform Supply Vessel 'Sea Triumph'  on Thursday 18 September.  The vessels 'Sea Triumph' is a STX 05-L

Keystone XL Costs to Nearly Double - TransCanada

The total cost of TransCanada Corp's controversial Keystone XL pipeline is likely to nearly double following six years of regulatory delays, a company spokesman said on Friday.

Exxon: U.S. to Allow Wind Down Ops in Russian Arctic

U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

Underwater Engineering

Phoenix International Awarded US$75-M Subsea Navy Contract

US Department of Defense inform that Phoenix International Holdings Inc., Largo, Maryland, is being awarded a $75,000,000 indefinite-delivery/indefinite-quantity,

Kongsberg AUV Pioneer Recognized by MTS Award

Kongsberg inform that Bjørn Jalving, Executive Vice President Subsea at maritime, offshore and subsea technology developer Kongsberg Maritime recently has been

Upcoming Expo 'Offshore Marintec Russia'

ExpoForum Convention and Exhibition Centre in St. Petersburg, October 7-10  will host the International Specialised Offshore Exhibition and Conference 'Offshore

 
 
Maritime Careers / Shipboard Positions Navigation Pipelines Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar 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: 0.1328 sec (8 req/sec)