Eserv Digitizes Neptune's Offshore Platforms
teams.“The use of digital technologies is particularly valuable at this time, given restrictions on travel and the necessity for social distancing offshore.”"The digital mapping of the Cygnus gas production platform, which is capable of producing approximately 6% of UK domestic gas demand, is one element of the partnership with Aberdeen-based Eserv. As part of an ongoing digital transition, onshore teams can take a virtual walkthrough of the entire platform, plan work and monitor changes in the physical structure, identifying potential issues early and accurately.Per the oil company
Tenaris Tests in Culzean Project
;s energy industry and certain other industrial applications the Culzean gas field is located in the challenging waters of the North Sea, about 145 miles off the coast of Aberdeen.The field began production in June and is anticipated, at peak, to provide five percent of the United Kingdom’s gas demand.Tenaris supplied TenarisHydril Blue Max and TenarisHydril Blue Heavy Wall connections, and Dopeless technology for the project’s complex wells in water depths of 90 meters to production zones located about 4,500 meters below the sea level with bottom hole pressure of 13,500 psi and bottom
BP, Reliance Move Ahead in Deep Water
concurrently. India today consumes over 5 billion cubic feet a day of natural gas and aspires to double gas consumption by 2022. Gas production from the integrated development is expected to help reduce India’s import dependence and amount to over 10% of the country’s projected gas demand in 2022; benefiting India and domestic consumers at large.
Semco Wins Order for Culzean Hook-up
, both internally in Semco Maritime and at Fanø Fran Service and Ocean Team Scandinavia, who have been selected as subsuppliers for parts of the work. Semco Maritime’s total contract is expected to exceed 100,000 working hours offshore. The Culzean field will cover 5 percent of the gas demand in the U.K. in 2020/21
Shell: LNG Demand Strong to 2030
LNG Demand Set to Outpace Gas Demand Growth from 2015 to 2030 Shell launches LNG Outlook Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year. This included an increase in net LNG imports of 17 MT. Many expected a strong increase in new LNG supplies would outpace demand growth during 2016. Instead, demand growth kept pace with supply as greater than expected demand in Asia and the Middle East absorbed the increase in supply from Australia, according to Shell’s first LNG Outlook.
Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?
. In our forecast report we examine eleven underlying business drivers that will influence the timing and direction of future deepwater project investment decisions. Here’s how we see these eleven drivers at the moment. In the positive category are • Oil and gas demand keeps growing • Supply disruption potential keeps the focus on finding new sources of supply • Long term oil/gas prices will rise, driven by demand/supply fundamentals In the negative category are • Near term oil and gas
What's New in Floating Production Systems?
that will influence the pace of investment in floating production project starts. Some of these are positive drivers. Some are negative. All have an impact on the number and timing of future production floater orders. In the positive category are oil and gas demand keeps growing as world output and population grows supply disruption keeps the focus on finding new sources of supply oil prices are holding around $100 – though prices have been weakening lately many more deepwater drillships/rigs are entering service the financial market
Australia Priced Out of LNG Sector? Analysts
;s $400bn gas deal could possibly undermine several of Australia’s gas projects. Australia has actively been finding ways of implementing reforms in an attempt to reduce operating costs. Even with the recent Russia-China deal, pipeline gas from Russia will only be supporting 6% of China’s gas demand by 2030. China cannot avoid seeking diversity in its energy sources. New technologies and innovations, such as the much-anticipated FLNG vessels, will present themselves as potential solutions. With these cost-reducing opportunities/ challenges, it proves to be interesting how the scenario
The Rise of the Work-class ROV Market
support is needed in a number of different industries, such as research and military, and on offshore wind-power projects, their primary use is in the oil & gas sector. Thus, the global demand for energy of which oil & gas makes up 57%, is the main underlying driver behind ROV demand. Oil & gas demand has grown substantially in recent years, increasing by 31% since 2000 and primarily driven by the developing world. Demand is forecast to keep growing significantly as oil, particularly in its use within the transportation industry, cannot be easily substituted by alternative energy sources. As
February 2024
