Technical Report Focuses on Offshore E&P Safety-Related Data
SPE released a new technical report last month, “Assessing the Processes, Tools, and Value of Sharing and Learning from Offshore E&P Safety-Related Data” (SPE-182847-TR).
The report was written by a steering committee of subject matter experts (SMEs) with industry input from an SPE summit held April 2016 in Houston as well as members from SPE online communities. The report is based on discussions and conclusions from the summit and is intended to provide guidance on an industry-wide safety management data sharing program. The overall objective of the effort is to: a) eliminate or reduce risk of harm through industry sharing of data; b) to generate information that builds knowledge, understanding, and ownership; and c) to disseminate recommended corrective actions to prevent a reoccurrence. It was approved by the SPE Board of Directors in September 2016.
Subsea Markets Face High Stakes if Oil Prices Slide
In a $60 to $70 oil environment, the subsea market is poised to grow around 7% annually up to 2025. But a significant portion of this activity is at risk if the price of Brent crude falls to $50 per barrel.
Swire Seabed Completes Autonomous Pipeline Inspection for Equinor
The subsea operations company said its most recent campaign is the first fully unmanned offshore pipeline inspection completed “over the horizon,” surveying up to 100 km from the shore.
Equinor Starts Up Mariner Field in North Sea
One of the largest industrial projects in the UK in recent years, Mariner marks Equinor’s first operated field on the UK Continental Shelf. It is expected to produce 70,000 BOPD at peak rates.
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