Bergen, Norway 11 – 13 June, 2019

Standardization: A hot topic at UTC

Standardization—-sounds promising, but what exactly should be standardized and would it hinder innovation? The idea was a hot topic at UTC, OE’s European Editor Elaine Maslin reports.

Standardization—sounds promising, but what exactly should be standardized and would it hinder innovation?
On the opening day of Bergen’s Underwater Technology Conference (UTC) 2013, Kristian Siem, made a striking remark. The chairman of Siem Holdings and subsidiary company Subsea 7 said: “The industry has a cost level that is astronomical and Norway is the high-cost leader.”
While he may have been singling out his home nation, his comments were aimed at the oil and gas industry, globally, and the subsea industry in particular.
Increasing costs can have a damaging effect on the viability of subsea projects. According to Jannicke Nilsson, senior VP for technology excellence, Statoil, cost pressures can mean standard, “old-fashioned” facilities are the preferred option for developments, pushing out subsea alternatives that are often complex.
One solution to the increasing costs and increasing complexity of subsea production systems, is greater standardization—a topic which dominated this year’s UTC. “We need to do more standardization,” Nilsson says. “If we can push that, we can make the subsea solution the better alternative.”
It is an area in which both operators and suppliers agree, but not necessarily on what should be standardized.

Read OEs full report from UTC at http://oedigital.com/subsea/item/3683-standardization-a-hot-topic-at-utc or check out the September issue of Offshore Engineer Magazine (the Offshore Europe edition).

OE is UTC 2013 Premium Media Partner