VIDEO: Statoil Unveils New Subsea Concept

Norway’s Statoil has presented a new subsea concept at the Barents Sea Conference in Hammerfest, designed to reduce cost and increase efficiency.

The new concept, called Cap-X, is estimated to cut costs by as much as 30% compared with conventional technology.

According to Statoil’s video, which further explains the concept, this could be the standard for the next-generation subsea solutions.

This technology brings Statoil one step closer to a “plug & play solution” on the seabed.

The Cap-X was presented by Margareth Øvrum, executive vice president for technology, projects and drilling in Statoil.

She said: “Once again we aim to drive subsea technology development on the Norwegian continental shelf together with our industry partners. The potential for increased efficiency and reduced costs can make this the next standard within subsea templates.” 

The Cap-X is based on a suction anchor technology which facilitates the installation on the seabed. It is ¼ the size of today’s subsea templates and enables more operations from vessel instead of rig, the company explained.

The technology has been pioneered by Statoil, Shell and the Norwegian Geotechnical Institute. The development of Cap-X was initiated in 2013 to increase commerciality of potential resources in the Barents Sea.

Subsea World News Staff; Video: Statoil

Share this article

Follow Subsea World News

Events>

<< Apr 2017 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

OFFSHORE WIND CONNECTIONS 2017

The focus of OWC2017 is on the Yorkshire and the Humber region, which is at the epicentre of the offshore wind industry, and where billions…

read more >

International Connectivity and Cables Conference

Meet and network with leading telecom operators and OTTs including du, Etisalat, Omantel, Saudi Telecom Company, Yahoo, Angola Cables…

read more >

NSRI: Condition Monitoring and Predictive Maintenance

The event will establish the sensory and electronic hardware requirements to monitor failure modes of subsea architecture for both oil…

read more >

The 22nd lnternational Offshore Crane and Lifting Conference

The Norwegian Society of Lifting Technology (NSLT) & The Offshore Mechanical Handling Equipment Committee (OMHEC) invite you …

read more >