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What is the foremost consideration for subsea tiebacks?
The subsea tieback is an engineering process connecting an untapped satellite oil field to an existing production center. This process used to be a technological and financial burden, but today it's one that increasingly makes sense due to advances in engineering and...
Examining the Value of Project Management and Execution Planning
Refining the steps of project execution on large capital projects has always been important to maintaining a high level of value and reducing long-term risks over a project's lifetime. However, it's even more important to apply sharp focus to project execution during...
Costs of Corrosion in Offshore Production
Around the world, corrosion is a costly and complex natural phenomenon that inevitably disrupts operations and can even cause major accidents if not addressed properly. A 2002 NACE International study found that in the U.S. alone, corrosion cost the oil and gas...
The Key to Solving Oilfield Optimization Problems
Discussing the "oil price rollercoaster," Microsoft Senior Business Development Manager Nives Stanfelj stated in June 2015 that "over 100 large [oil] projects exceeded initial costs by a cumulative $400 billion in the past five years," and the application of IT and...
Predesign, Standardization, and Profitability: What You Need to Know
As volatility in the oil and gas market continues to affect companies' bottom lines, they remain vigilant in finding ways to minimize financial risk and accelerate their return on investment (ROI). One of the more common but less frequently discussed methods used to...
Innovative Riser Technology Vital to Offshore Production
As oil and gas production continues to move farther offshore and potential fields become increasingly marginal, deepwater riser technology continues to be a vital hydrocarbon extraction and transportation tool. EPC Engineer defines a riser primarily as "a pipe or...
Considerations of Offshore Electrical and Control Systems
For offshore oil and gas production to be a safe and profitable endeavor, a consistent power supply is required. Additionally, as automation has woven its way into offshore operations, reliable control systems are becoming increasingly important to that effort....
Using Technology to Overcome the Challenges of Pipeline Routing
In today’s digitally driven environment, getting oil and gas from the wellhead to the consumer as a refined product requires extensive knowledge and practical application of advanced technologies by professionals from a variety of fields. The early stages of pipeline...