JIP to develop next generation of subsea production equipment

Posted on 21 July 2014

FMC Technologies has established a joint industry program (JIP) that brings four operators – Anadarko PetroleumBPConocoPhillips and Shell – together to jointly develop subsea equipment and systems that will meet the technical challenges of high pressures and temperatures.

The technologies also will serve to improve overall deepwater development through the standardization of materials, processes and interfaces, as well as the enhancement of reliability and operability. The JIP’s purpose is to develop subsea production equipment and systems to meet the challenges of producing oil and gas from deepwater reservoirs with pressures of up to 20,000 psi and temperatures up to 350°F at the mudline. 

“This agreement is a clear illustration of how leading companies with a common interest can come together to overcome the technological and economic challenges facing our deepwater industry,” said John Gremp, FMC Technologies Chairman, President and CEO. “By working together collaboratively, we will continue to achieve technological innovations that will enable us to safely develop some of the world’s most promising fields and take a large step toward providing new oil and natural gas resources to consumers and superior returns to stakeholders.”

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 24 October 2014

    GDF SUEZ, BP discover new Central North Sea Field

    “This is an encouraging exploration discovery in a part of the Central North Sea that needs additional volumes of hydrocarbons to open up development options…

  • 24 October 2014

    Chevron, BP discover oil in deepwater US Gulf of Mexico

    The discovery well, on Keathley Canyon Block 10, was drilled by operator Chevron on behalf of the Guadalupe co-owners. The well encountered significant oil pay…

  • 22 October 2014

    Shell discovers gas in pre-salt reservoir offshore Gabon

    Shell announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 m net gas pay…

  • 22 October 2014

    Statoil proves new oil resources near Grane field in North Sea

    Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

  • 21 October 2014

    IADC Cybersecurity Task Group to provide industry guidance to assess risks

    The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

  • Read more news