Statoil's efforts toward deploying a 'subsea factory' by 2020 are advancing, and the anticipated seabed processing systems are expected to yield greater production efficiency, improved recovery rates, and a reduced environmental footprint, executives said recently in Houston.
Components already are in various stages of being installed on different fields, primarily offshore Norway, Margareth Ovrum, Statoil's executive vice-president of technology for projects and drilling, told reporters during a Nov. 20 media briefing. Statoil has more than 500 subsea wells.
"We are going longer, deeper, colder," Ovrum said. Offshore platforms likely will not be feasible in some places for futu...