News Archive for Metal News, Reports, subsea

RUD STARPOINT VRS lifting point offers ultimate safety by adjusting to the direction of the pull

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RUD Chains is a leading manufacturer of lifting and lashing equipment that helps guarantee ultimate safety when lifting and handling heavy loads. Their diverse product range offers over 600 lifting and lashing points for bolting and welding covering a working load capacity range from 0.6-250 tonnes.

Top quality lifting equipment when handling heavy loads is vital to the safety of the operator as well as ensuring the loads are not damaged. When undertaking a lift it is important to be aware that the direction of the pull of the lifting point can have a major impact on the working load limit which in turn can create a safety breach. To avoid a safety breach, lifting equipment that can adjust to the direction of the pull to allow full engagement of the bolt is needed.

The RUD STARPOINT VRS lifting point for bolting has been designed to adjust to the direction of the pull. It rotates 360° meaning the working load limit is therefore always at the direction of the load. The STARPOINT removes the chance of bent eyes, backed out threads, or over-tightening which would cause unnecessary stress on the stem.

The VRS offers a safety factor of 4:1, is operational down to temperatures as low as -40° and offers a higher WLL than the DIN 580 eye bolt. It comes with RUD’s NEW ICE-Bolt which offers a higher toughness, bending strength and less wear occurance.

Complex lifts where the load has to be handled in all directions can be safely and effectively done with the use of the STARPOINT VRS. The VRS can be used across a variety of working environments from engineering, construction, rail, offshore, handling and MOD projects to name a few.

For more information please call 01227 276 611 Email: Katie.crane@rud.co.uk or visit www.rud.co.uk

 

Subsea Production and Processing System Market – Opportunities and forecasts 2020

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The subsea environment is perhaps the most unexplored segment on earth. The isolation of subsea wells coupled with a complex interaction between ocean environment and subsea wells make monitoring, intervention and routine operation much complex. These systems are now being deployed in many fields to overcome the hurdles occurring at the time of production. One of the driving forces behind subsea production systems is the drastic reduction in development costs when compared with the traditional methods.  In most cases, the use of a subsea tieback is the only option to develop these resources.

With the rapid growth of subsea fields once thought to be less profitable due to the harsh conditions and huge expenses involved in the exploitation of the available resources, many companies are using subsea processing technology as one of the main methods of reducing operational expenditures. Traditional offshore development is mainly focused on the construction of fixed leg platforms in the shallow water. In deep waters, the emphasis has been on the use of floating production systems to existing production platforms.

However, with the applications of new methods industry is looking forward to new concepts like subsea processing. As opposed to the conventional method of processing reservoir fluids at process station, subsea processing holds promise in that, all the processing activities is carried out at the seafloor itself. Thus less cost is incurred and also it improves recovery factors from the reservoir. Other advantages comprise lesser susceptibility to hydrate formation and at lower operating expenditure.

Research Report PDF: http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=3058

Subsea processing facilities holds the potential to off load equipment to the seafloor. This provides for a reduction in platform deck load requirements thereby reducing the backpressure imposed by the production riser. Subsea processing process can take place in numerous forms, comprising boosting scenarios and subsea separation. Strategic technologies that are essential for the successful implementation of subsea processing include compact separation, multiphase pumping and multiphase metering which varies in all the stages of maturity.

Multiphase pumps are used in conjunction with the other types of subsea processing schemes. Wet gas compressor or a multiphase pump represents the best choice for the gas stream.  If no gas stream is left to flow under its own pressure, a multiphase pump or wet gas compressor can boost the pressure of the gas stream even when it contains some amount of liquid by volume.

Cost of intervention in subsea wells is extremely high and has limited efforts to monitor wells. In general, pressure boosting at the seafloor is generally preferred rather than artificial lift in the wellbore due to the lower cost of intervention. Increasing flexibility using intelligent well technology is also seen as an alternative to well intervention.

Emerging economies and growing population are some of the key drivers of the subsea production and processing systems market. However, integration of new technology with the existing technology can hinder the growth of the market. Ample amount of opportunities are there for subsea production and processing system market as demand for energy is increasing at a healthy rate especially in Asia Pacific countries such as India and China.

Some of the key players in the subsea production and processing system market include FMC Technologies, Aker Solutions, GE Energy, Schlumberger Limited, Weatherford International, and Baker Hughes Inc. among others.

Browse Research Report: http://www.transparencymarketresearch.com/subsea-production-processing-system-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

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Artificial lift systems market characterized by ongoing alliances and expansion activities in vendor landscape

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Driven by the rising production of deepwater oil and the high volume of crude oil in matured reserves, the global artificial lift systems market is poised to expand at a 6.20% CAGR from 2014 to 2020. The value of the global market was pegged at US$13 bn in 2014 and this is projected to rise to US$19.8 bn by 2020.

Some of the top companies competing in the global artificial lift systems market are Flotek Industries, Inc., Weatherford International Ltd., Superior Energy Services, Inc., Kudu Industries, Inc., Schlumberger Limited, Halliburton Company, Borets Company LLC., Baker Hughes, Inc., Dover Artificial Lift, and National Oilwell Varco, Inc.

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Here’s a snapshot of some of the recent developments in the artificial lift systems market:

Weatherford’s Expanded Artificial Lift Systems Portfolio: Texas-based oil and natural gas service company Weatherford International Ltd. recently added a new product to its portfolio of existing artificial lift systems. The sand-tolerant pump is aimed at slowing production declines, optimizing the life of oil wells, and reducing workovers, and serves as a substitute for standard rod pumps in wells that have high sand production. The accumulation of sand in the plunger or barrel results in abrasions and the sand-tolerant pump prevents this accumulation, thereby reducing the chances of pump failure or inefficiency. The sand-tolerant pump has demonstrated the improvements made in the design of artificial lift pumps and the overall working in harsh and sand-laden environments.

Cimarron and Keane Group’s Acquisition Activities: Oklahoma-based oilfield equipment provider Cimarron Energy recently acquired North Dakota’s Diverse Energy Systems, bringing in significant design and production experience for operators in North Dakota’s oil and gas industry. Cimarron acquired Diverse’s field and manufacturing assets in North Dakota as well as Texas for an undisclosed amount and the company will now be able to offer artificial lift systems to its clients, along with other offerings such as processing, production, vapor handling, measurement/custody/transfer, and rental equipment. US-based well completion services company Keane Group acquired all of the US assets of Canada-based Trican Well Services for US$247 mn. These ongoing alliances have been significantly driving the North America artificial lift systems market.

Baker Hughes’ New Approach to Artificial Lift Systems: Texas-based Baker Hughes, one of the largest oil field services companies in the world, recently trialed a new adaptive production system, which it says, is a completely new approach to artificial lift systems. The Leap system was first installed in the Mississippi Lime play in Oklahoma at a depth of 5,200 feet. This new system is designed to adapt to changing production profiles that are typical in some of the most unconventional oil wells. Baker Hughes had set up its artificial lift research and technology center in 2014 and has been dedicatedly working on developing new artificial lift technologies.

Research Report: http://www.transparencymarketresearch.com/artificial-lift-system-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contact

Transparency Market Research

+1-518-618-1030

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Subsea boosting systems market – extensive exploration activities propel adoption of subsea boosting systems

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The rising need for energy amongst the exponentially growing urban dwellers across the globe has led to a sharp decline in the oil and gas reserves. This deficit is expected to increase further due to rapid industrialization along with the rising number of opportunities for oil and gas exploration and production in deep water.

All of these factors are collectively expected to create a sizeable demand for subsea activities, thereby leading to growing adoption of subsea boosting systems in the near future, states report published by Transparency Market Research. The ongoing technological developments to deliver subsea equipment that has better reliability, endurance, and performance to make an effective recovery from the reserves.

According to the report, the opportunity in the global subsea boosting systems market will be worth US$3,078.6 mn by 2023 as compared to US$1.46 bn in 2015, as the market expands at a CAGR of 9.7% between 2015 and 2023. The positive CAGR of will also be supported by the ability of subsea boosting systems to improve recovery from oil and gas reservoirs across ultra-deepwater and deepwater areas.

The increasing investments in the development of subsea technologies and equipment are also resulting growth of this market. The increasing expenditure on compressors, pumps, and other subsea equipment for development of offshore oilfields will also offer lucrative growth opportunities to this market in the coming few years.

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Asia Pacific Leads Subsea Boosting Systems Market Due to Flourishing Exploration Activities

According to TMR, Asia Pacific dominated the global subsea boosting systems market in 2014 due to flourishing shallow water and deepwater projects across Malaysia and Australia. In the coming years, this region will maintain its leading stance as China, Vietnam, and Indonesia will witness a growth in subsea activities. As of 2015, Asia Pacific held a share of 25.0% in the overall subsea boosting systems market. Analysts predict that Central and South America will also be attractive markets for these systems as the regions are taking up development of pre-salt reserves in the deepwater of Brazil seriously.

Deepwater Exploration Holds Promise as Existing Reserves Deplete

An evaluation of the subsea boosting systems market on the basis of water depth showed that shallow water held a leading share of 58% in the overall market as of 2014. However, increasing emphasis on deepwater areas due to declining shallow water fields is expected to increase the share of deepwater explorations to 45% by the end of 2023. Though, the shallow water segment will hold the leading share in 2023, subsea boosting systems for deepwater exploration will show signs of remarkable progress. The growing number of deepwater discoveries have also increased the investments flowing into subsea exploration activities to cater to the insatiable demands and the decline reserves.

Some of the key operating players in the global subsea boosting systems market are FMC Technologies, Inc., OneSubsea, GE Oil & Gas, Aker Solutions ASA, Baker Hughes Incorporated, Flowserve Corporation, Framo AS, ITT Bornemann GmbH, and Sulzer Ltd. These companies are focusing on collaborating with smaller players to acquire competencies in technologies to establish leadership in the global market.

Research Report: http://www.transparencymarketresearch.com/subsea-boosting-systems-market.html

About TMR

Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.

Contact

Transparency Market Research

+1-518-618-1030

USA-Canada Toll Free: 866-552-3453

sales@transparencymarketresearch.com

http://www.transparencymarketresearch.com/

C-Kore Systems delivers subsea monitoring tools to PTTEP Australasia

UK based C-Kore Systems delivered their subsea monitoring units to PTTEP Australasia for use on the Subsea Equipment Australian Reliability (SEAR) JIP.

The SEAR JIP was formed to meet the challenging subsea conditions faced in Australian waters. C-Kore’s subsea monitoring technology provides quick and reliable information on the electrical condition of subsea assets, eliminating the use of down-lines or the requirement to bring the equipment topside to test.

Chris Merrick, Senior Subsea Engineer for PTTEP, “The C-Kore units were very easy to deploy and during our trial, the results from the C-Kore were compared against a surface based testing suite connected via downline. The accuracy of the C-Kore units was excellent and data recovered was utilised in the final report.”

Tim Overfield, managing director of C-Kore Systems, “We are excited our technology is spreading to the Australian market. While the environmental conditions are quite different to other oil & gas locations, our technology provides great benefits to our customers by saving them time on intervention and installation projects.”
 
For more information, please visit: www.c-kore.com

Bibby HydroMap’s first apprentice becomes category B certified

20 year old Emma Lamont has recently graduated top of her Hydrographic Survey Category B course with Skilltrade in the Netherlands.

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Emma joined Bibby HydroMap in 2012 as a hydrographic surveying apprentice, and has since played an active role in both data processing and offshore site work with the company throughout the UK and Europe. As part of Emma’s CPD plan, the company organised for her to attend the FIG/IHO/ICA International Advisory Board recognised course, which covers all basic and essential competences of a hydrographic surveyor.

Emma comments: “I am so pleased to have graduated the Category B Hydrographic Surveying Course in the Netherlands and am looking forward to putting everything I have learnt into practice. The course was tough but rewarding, especially being able to graduate at the top of my class.”

Combining theoretical and field work over a duration of 12 weeks, the course was well attended by companies including Gaz de France, RWS and Van Oord.

Operations Director Mick Slater comments: “We are all very proud of Emma who continues to impress us all since joining us straight from school in 2012. Her achievement is testament to what can be achieved through hard work and a keen appetite to learn, both of which she has in abundance.

This follows continuing investment by Bibby HydroMap in their workforce, whose training schedule currently includes courses in RYA Level 2 Powerboat, QPS Qimera, vessel dimensional control and mobilisation, LSS land survey, working at heights, basic survey engineering, driving safety, MMO (Marine Mammal Observer) certification and basic/intermediate seamanship training.

For more information, please visit: www.bibbyhydromap.com

To view Bibby HydroMap’s Industry Profile, please click here

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