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.

Related Articles

Moody’s: Marcellus shale gas producers to benefit most in US

04/01/2014 Natural gas producers in the Marcellus shale will benefit more than producers elsewhere in the US because of many favorable circumstances, even if ...

Roc farms in to PSC offshore Malaysia

04/01/2014 Fresh from its sale of the Basker-Manta-Gummy (BMG) fields in Bass Strait, Roc Oil Co. Ltd. has farmed in to a production-sharing contract offshore...

Husky, CNOOC start production from Liwan 3-1

03/31/2014

Husky Energy Inc., Calgary, and CNOOC Ltd. reported the start of production from Liwan 3-1 field in the South China Sea.

Lukoil starts production at West Qurna-2 field

03/31/2014 Lukoil Mid-East Ltd. has started production at Iraq’s West Quarna-2 oil field after reaching its target of 120,000 b/d on Mar. 28. The company says...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected