Current Trend in the Oil and Gas Industry on Subsea Processing Equipment

Abstract:

Typically from the industry, the decision on when to deploy subsea processing equipment is a big investment decision and quite a number of the operating oil and gas industry are waiting and monitoring the trend from the big players in the industry. There are quite a number of publications on these equipment groups but it has been based on different issues. There is a need to investigate the current trend on the assessment and selection from both the operators and the equipment manufacturers/suppliers perspective. A technology questionnaire survey was designed and administered to experts in this field. The result reveals Risk and RAM analysis as the most used assessment method; also expert systems has gained some level of acceptability in the final selection process. Some of the criterias such as gas volume variation that are considered not critical in the literature are still ranked as critical by the experts. The experts also suggested other important issues that should be taken into consideration for effective selection and assessment.

• Periodical: Applied Mechanics and Materials (Volumes 465-466)
• Pages: 1357-1360
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.465-466.1357
• Online since: December 2013
• Authors: Kafayat Oluwatoyin Shobowale, Fakhruldin M. Hashim
• Keywords: Assessment, Gas, Oil, Selection, Technology

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