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A DNV GL-led joint industry project (JIP) to standardize subsea processing systems is under way with industry partners Petrobras, Shell, Statoil, and Woodside.
Subsea development projects have been under substantial pressure due to cost inflation and the low oil price, prompting a need to simplify the industry's approach, DNV GL said. The JIP is seeking additional collaborators for the project to drive standardization, beginning with subsea pumping, to ensure benefits throughout the subsea supply chain.
The JIP, "Subsea Processing – Standardization of Subsea Pumping" seeks to deepen industry knowledge and encourage progress in subsea pumping developments by examining the potential for standardization in subsea processing, beginning with subsea pumping.
DNV GL says that standardization still allows for flexibility to custom-make facilities at a system level through standard functional descriptions and specifications. However, it also increases predictability in the value chain, thus lowering transaction costs and improving the speed of implementation, while still allowing freedom to innovate and to employ new technology.
DNV GL is calling for collaborators within the oil and gas supply industry to suggest additional areas which they believe could benefit from standardization and to input into the creation of this important new industry standard.
The JIP will initially focus on subsea pumping in two phases. The first is to establish a focus for the study by developing a functional description for subsea pumping and specific targets for possible standardization. The second is to share industry knowledge and create best practice guidance through the creation of a recommended practice for industry-wide use.
The JIP participants will contribute their own standardization studies and initiatives previously performed as well as current and future portfolio requirements, ideas on minimal industry specification and methodology for maturing technology gaps.
The JIP is seeking additional collaborators for the project to drive standardization, beginning with subsea pumping, to ensure benefits throughout the subsea supply chain.
Keywords: Subsea Pumping, Subsea Supply Chain, Oil and Gas Supply, ARC Advisory Group.