News
Offshore Energy Today Australia: Wood-led subsea research project gets funding
"National Energy Resources Australia (NERA) has awarded the TASER project with AUD 145,000 ($115,000) in funds spread over two years.
TASER, or Transforming Australia Subsea Equipment Reliability project, is a collaborative industry effort focused on sharing knowledge to improve subsea equipment design.
It follows on from the Subsea Equipment Australian Reliability Joint Industry Project (SEAR JIP), both led by oilfield services company Wood supported by a group of operators."
AUS: Wood Gets NERA Funding for New Subsea Project
"The collaborative industry effort is focused on sharing knowledge to improve subsea equipment design and reduce the requirement for costly and time-consuming interventions in Australia’s challenging offshore warm water environment."
Wood Gets NERA Funding for New Subsea Project
"In northern Australian waters, marine fouling has a significant effect on the performance of subsea equipment, believed to be a result of the water composition, light, oxygen and temperature. The TASER project will create a ‘living laboratory’ to assess the effectiveness of innovative coatings, materials and technologies against calcareous deposition and marine organism growth on subsea equipment."
Operators participate in Australian subsea equipment reliability study
"Oil and gas services company Wood Group is leading a subsea equipment research program offshore Australia in collaboration with Chevron Corp., Royal Dutch Shell PLC, and Woodside Petroleum Ltd."
Three operators to support offshore Australia subsea fouling study
"Robin Watson, Wood’s chief executive, said: “The project will enable a better understanding of subsea equipment failures and intervention requirements and has the potential to offer significant cost savings to operators by maximizing equipment reliability, availability and therefore production uptime.”
NERA announces funding for subsea equipment reliability project
"NERA CEO Miranda Taylor said the project was an excellent example of the power of collaboration, innovation and technology to transform the international competitiveness of the Australian energy resources sector."
Australian JIP plans to save operators millions in subsea equipment failures
"[A]n Australian Joint Industry Project JIP) is aiming to find answers to a unique local problem that is costing local subsea equipment operators millions of dollars a year.
Subsea Equipment Australian Reliability Joint Industry Project (SEAR JIP) is a collaboration between operators and subsea equipment vendors looking into how to deal with environmental aspects that is dramatically reducing the life of specialized subsea equipment located on the bottom of the ocean off the north west coast of Australia."
Wood working to better understand subsea equipment reliability for use off Australia
"Oilfield services provider Wood has launched the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use offshore Australia."
Wood launches next phase of SEAR JIP, offshore Australia
"Adriana Botto, Wood’s project manager for the SEAR JIP, added: Enhancing the design of subsea equipment to mitigate issues and reduce the requirement for intervention was a key focus in the initial phases of the SEAR JIP. Through our collaborative work we have taken significant strides forward in identifying the root cause of equipment performance issues, so that they can be designed out by vendors in the future.
This phase of the project will build on our work to date, with a key focus on improving understanding of subsea equipment reliability issues. The long-term value of the project will be a step change in industry practice and performance, with lessons learned shared across operators, vendors and research institutions.”
SEA Website: And the winners are
"Collaboration Award
WINNER – SEAR JIP Led by Wood
Judges Comment 'This collaboration demonstrates a high degree of whole of sector collaboration with potential customers that may positively benefit Australia Subsea Equipment Uptime'."
Subsea World News: Wood Group Launches Next Phase of SEAR JIP
"Now entering into Phase IV, the project is focused on collaboration and knowledge sharing in order to improve subsea equipment design and reduce the requirement for costly and time consuming interventions in Australia’s offshore warm water environment."
E&P Magazine: Four Oil, Gas Companies Unite To Fight Subsea Equipment Failures
"The end goal is to have a database which is reliable and represents the history and experience of equipment and also allows comparisons with different equipment and vendors."
Offshore Energy: Wood group in next phase of subsea equipment reliability project
"This latest phase of the project will deepen our understanding of how we can enhance the design of subsea equipment to avoid time-consuming and costly interventions."
Offshore Engineer: Wood Group starts next phase of SEAR JIP off Australia
"... delivering a tangible step-change through strong industry collaboration, bringing together the broad expertise and experience of subsea operators, vendors and Australian research institutions to stimulate new solutions for the sector’s reliability challenges."
Upstream Online: SERA project enters new phase in Oz
"... was originally launched in 2014 and is led by Wood Group and supported by operators including Anglo-Dutch supermajor Shell, Australian independent Woodside Petroleum, Japanese player Inpex and Thailand's PTT Exploration & Production."
Offshore Magazine: Subsea JIP continues offshore Australia intervention studies
"The main focus of the project, now entering into Phase IV, is to improve subsea equipment design and lessen the requirement for costly and time-consuming interventions in Australia’s offshore warm water environment."