The Next Subsea Engineering
TechnipFMC plc (NYSE:FTI) announced yesterday (10th July 2018) design changes on a range of its subsea products offerings. It further said that there is a need for sustainable improvements in the way subsea projects are delivered and that it requires fundamental changes to the design, (project) management and execution. Therefore, the company had assembled a team of experts in the past to redesign and to enhance the efficiency of its current subsea production system (SPS), in view of the ever low oil price, which hampers the cost competitiveness of both its deepwater and ultra-deepwater segments. The redesigned SPS is dubbed as the ‘Subsea 2.0’.
At a glance
According to TechnipFMC, its subsea products had been designed by combining both field-proven and new technologies and that they had become smaller, lighter and utilising fewer parts compared with the previous generations. The product platform is still built using standardized components, configured in a modular architecture in order to save cost through reduced complexity of concept and product design, a more efficient project delivery from engineering to installation, and optimized product performance and reduced costs beyond installation.
These simpler and smaller products thus enable up to 50% in weight and size saving and a further 70%-90% reduction in installation and material lead time leading to cost savings and higher investment return. The core products detail were as follow:
- Compact Manifold
- Compact Subsea Trees
- Improved Connectors
- Improved Flexible Jumpers
- Better Subsea Controls
- Better Subsea Distribution
With this new generation of subsea products, TechnipFMC is confident that it could transform the subsea engineering and to make the deepwater and ultradeepwater projects competitive once again.https://straitsjournal.com/the-next-subsea-engineering/EnergyOil & GasThe FutureSubsea,TechnipFMCTechnipFMC plc (NYSE:FTI) announced yesterday (10th July 2018) design changes on a range of its subsea products offerings. It further said that there is a need for sustainable improvements in the way subsea projects are delivered and that it requires fundamental changes to the design, (project) management and execution....escveritas [email protected]AdministratorThe Straits Journal