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Innovating While Drilling

JIP to investigate capabilities of flow meter technology for phase contaminated oil flows

DNV GL’s Multiphase Flow Laboratory allows equipment manufacturers and oil and gas companies to test, validate and calibrate multiphase technologies, such as separators and flow meters.

DNV GL has initiated a Joint Industry Project (JIP), now open for industry partners, E&P companies and manufacturers to join, to assess the capability and feasibility of Coriolis and ultrasonic flow meters. Coriolis and ultrasonic flow meters are widely accepted for application in single-phase oil flows by the oil industry. However, there is little validation or independent test results to support the claim that they produce accurate allocation measurement results, according to DNV. Inaccurate results related to the oil flow can present both operational and financial risks by negatively influencing decision-making and understanding of operational efficiency. The JIP will provide testing guidelines, a performance assessment and correction algorithms as a foundation for using Coriolis and ultrasonic flow meters for phase ...

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Forsys Subsea aims to reduce subsea CAPEX by 30%

Alain Marion (from left), Forsys Chief Technology Officer; Rasmus Sunde, Forsys CEO; Thierry Pilenko, Technip Chairman and CEO; and John Gremp, FMC Technologies Chairman, President and CEO, discussed the merits of the Forsys Subsea alliance at the 2015 OTC in Houston. DC Editor/Publisher Mike Killalea (right) moderated the discussion.

Declining returns due to increasing costs in deepwater projects were a thorn in the eye of operators long before $50/bbl oil. But now, more than ever, trimming CAPEX requirements has become essential to make certain projects economic. To help address this challenge, oilfield service companies FMC Technologies and Technip are teaming up to streamline subsea design, delivery and maintenance through a new joint venture called Forsys Subsea.

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