Aker Solutions & Statoil awarded ONS Innovation Award

Wednesday, August 29, 2012

Aker Solutions & Statoil have been awarded the ONS Innovation Award for the Åsgard subsea gas compression system.

Reservoir pressure in producing gas fields falls over time, causing gas output to decline. For production to continue and maximise recovery from the fields, gas pressure must be raised or production will cease.

Until now the solution has been to install gas compressors on an existing platform, or to build a new manned compression platform. A more cost-effective alternative is to install the compressors on the seabed, near to the wellheads to improve recovery, while reducing overall capital and operating costs.

In 2015 the world's first subsea gas compression station will go on stream in the Åsgard field offshore Norway. This will boost falling gas pressures from the Midgard and Mikkel satellite reservoirs, allowing stable production to continue and enabling an additional 280 million barrels of oil equivalent to be recovered. The project is operated by Statoil and delivered by Aker Solutions.

Subsea compression improves gas recovery and provides many benefits compared to the alternative of installing a new platform. Further benefits include reduced investments and operating costs, a smaller environmental footprint and safer operations.

"This technology has the potential to change offshore gas field developments worldwide. With the forecast growth of subsea developments, subsea compression will become widespread, having even more impact as projects move into deeper waters further from shore. We are very pleased to be awarded this prestigious award," says Åsmund Bøe, chief technology officer at Aker Solutions.
 

Categories: Offshore People & Company News Technology

Related Stories

ABS AIP for Multi-Purpose Fuel Tank and FGSS Design

Floating Titanium Lattice Could Out-Perform Steel and Plastic

The Switch Receives Highest Marine Electric Machine Orders to Date in July

Current News

EU Wheat Prices Rise As Black Sea Tensions Persist

Saudi Gulf Oil Exports Pick Up After Pipeline Attack

Export Prices for Russian Wheat Fall

Russia Repurposes Fertilizer, Coal Terminals to Export Grain

Subscribe for Maritime Logistics Professional E‑News