As subsea tie back lengths increase, the cost of a pipeline systems becomes a significant portion of the capital expenditure for a long subsea tie backs.
Our Long Subsea tie back technology program has predominately focused its attention on subsea electrification, flow assurance, subsea processing and boosting technologies. However, as step out distance to existing facilities increases the pipeline infrastructure dominates the affordability of the Long Subsea Tie-backs (LSTB).
This begs the question – How do we move the dial to reset pipeline cost norms to enable commercialisation of remote and marginal field opportunity in the current economic climate?.
We believe to achieve a truly transformational result we must address every element of the pipeline activity set both individually and in an integrated system manner.
This presentation describes a number of step change and disruptive cost reduction opportunities across the whole pipeline supply chain (engineering, procurement, Installation).