New Technology Is 'Lifeblood' For Northwest Europe Offshore

The Sea Nova Platform by Ocean Resource is claimed to cost 40-60% of the capital outlay cost of a conventional platform, while estimated structural maintenance and inspection costs are said to be 10% of those for a conventional design. Photo courtesy of Ocean Resource.Click here to enlarge imageAs the average size of Northwest Europe's remaining development prospects dwindles and operators look to screw down development and operating costs, new technology is the key to making many projects viable.Innovation is the theme of many of the conference papers and exhibits to be presented at Offshore Europe in Aberdeen during Sept. 7-10 and was the theme focused on by the conference committ...

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