BP lets deepwater-technology contracts

BP PLC has let contracts to KBR and FMC Technologies in a program it calls Project 20K targeting “next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources currently beyond the reach of today’s technology.”

The KBR and FMC Technologies contracts, the first awarded in the program, focus on technologies needed for development and production of oil and gas from reservoirs with pressures up to 20,000 psi and temperatures as high as 350º F.

KBR will develop program execution and management plans for the project, including capital cost and schedule estimates, risk assessments, and technical designs.

FMC Technologies will participate in a technology-development agreement in which it will work with BP to design and develop 20,000-psi-rated subsea production equipment, including a subsea production tree and a subsea high-integrity pressure protection system.

Project 20K focuses on technologies for well design and completions; drilling rigs, risers, and blowout preventers; subsea production systems; and well-intervention and containment.

Current equipment has technical pressure and temperature limits of 15,000 psi and 250º F.

Whitepapers

Pervasive Governance: Rethinking Traditional Approaches to Information Governance for Oil & Gas

Information is an organization’s most important strategic asset – the “lifeblood” of the organiza...

OSHA 1910.269 Are You Regulation Ready?

Read this Q&A to learn about changes to federal regulations and how to select FR garments for...

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New ...

On the Radar: EMC Supplier Exchange

This report addresses key issues for managers of complex contracts in energy and engineering. Thi...

Webcasts

Adding GPS vehicle management to your team

A GPS fleet management system can be a highly effective tool to help lower costs, improve productivity, and manage your vehicles more efficiently. But with many vendors and prod...
( 08/25/2015 / 12:00 PM Eastern Daylight Time / 11:00 AM Central Daylight Time / 09:00 AM Pacific Daylight Time / 16:00 GMT )
Sponsored by

Transforming the petroleum supply chain with the Internet of Things

The equipment involved in producing, moving, refining and selling petroleum is expensive, and rugged, and comes from hundreds of manufacturers. Enhanced by the Internet of Thing...
Sponsored by

Connected Decision-Making: Improving Asset Operations Through Comprehensive Information Management

Energy asset operators are faced with a paradigm today: increase efficiency and reliability levels while fighting to extend the lifespan of these aging asset. To meet these oppo...
Sponsored by