DOCSLIB.ORG

1 Issue Six 2018

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
1 Issue Six 2018 UT THREE UNDERWATER TECHNOLOGY Issue Six 2018 Issue SEABED MINING • UNDERWATER1 VEHICLES Capital-Efficient THREE Subsea Solutions UT UNDERWATER Society for Underwater TECHNOLOGY Production Tree Technology Unified Controls Lead time: 12 months 1 Fetter Lane Lead time: 12 months London EC4A 1BR Pump Lead time: 18 months Wellhead Lead time: 8 months Manifold Lead time: 18 months Connection System Lead time: 6 months Seabed nodule collector Image: Krypton Ocean ISSN: 1752-0592 Vol 12 No 6 +44 (0) 1480 370007 Editor: John Howes [email protected] Editorial Assistant: Eddie Current Production: Redefine economic viability with a new Sue Denham approach to subsea production. Advertising: Zinat Hassan The OneSubsea portfolio of standardized designs supports streamlined processes, documentation, [email protected] and manufacturing to deliver integrated production systems that enable achieving first oil as soon as 24 months after contract award. Customized to your field architecture, these capital-efficient solutions help you maximize recovery from new fields to transform deepwater economics across the life of the asset. Find out more at Published by UT2 Publishing for and on behalf of the Society for Underwater Technology. Reproduction of UT2 in whole or in part, onesubsea.slb.com/standardization without permission, is prohibited. The publisher and the SUT assumes no responsibility for unsolicited material, nor responsibility for content of any advertisement, particularly infringement of copyrights, trademarks, intellectual property rights and patents, nor liability for misrepresentations, false or misleading statements and illustrations. These are the sole responsibility of the advertiser. Opinions of the writers are not necessarily those of the SUT or the publishers. © 2018 Schlumberger. All rights reserved. 18-OSS-372531 2 3 1 OFFSHORE NEWS VIGDIS Vigdis subsea installation. (Photo: André Osmundsen) The subsea Vigdis field has produced This improved oil recovery project Thanks to the boosting station, the new boosting station with power 700 million. Engineering will start this fabricating the pump and Luster oil via Snorre field for more than includes a multiphase boosting station wellhead pressure can also be reduced from a new umbilical. month (December 2018) in Bergen, Mekaniske Industri fabricating 20 years. Recoverable reserves will that will increase production from which further increases production with the assembly taking place at piping. More contracts will be now be boosted by almost 11 million existing wells. The boosting station from the wells. In addition to the The contract for delivering the the company’s plant at Horsøy near awarded in the near future. barrels following Equinor's decision will be connected to the pipeline to subsea boosting station, the project boosting system, including subsea Bergen. to invest some NOK 1.4 billion on enhance the capacity between Vigdis will involve some modifications to template and trawling protection, has A total of 500 people will be boosting station, expected come and Snorre A, and will help bring the Snorre A, which receives oil from the been awarded to OneSubsea. The OneSubsea will use several sub- involved in delivering the Vigdis online in the first quarter of 2021. wellstream up to the platform. Vigdis field, and Snorre B, supplying contract value is estimated at NOK contractors, including Framo Flatøy boosting station. 4 5 OFFSHORE NEWS [email protected] sound by design Multibeam Imaging Sonars Single and Dual Frequency Operation HFG COMPLETES TULIP 300m and 4000m Depth Rated Heerema Fabrication Group (HFG) has completed the jacket construction for the Tulip Oil Q10-A unmanned offshore platform, to be installed offshore the Netherlands. The jacket sailed away from Heerema’s yard in Hartlepool. Tulip Oil Netherlands Offshore (TONO) awarded Heerema the engineering, procurement, construction and installation (EPCI) contract for the topside and jacket of the Q10-A platform in January this year (2018). The platform topsides will have a weight of approximately 500 t, while the jacket weights around 600t and Micro-USBL Tracking Beacons will stand in 21m of water. Bidirectional Acoustic Data Modems The platform forms a part of the Q10 gas field, operated by TONO with 60% interest, with Energie Beheer Nederland holding the remaining interest. The Q10 gas field development encompass the Q10-A unmanned offshore platform with a pipeline tie back to the TAQA operated P15d platform. First gas is expected in 2019. Tulip jacket Portable Sidescan Sonars NEPTUNE PROGRESS ON CARA TORTUE OIL OFFLOADED Towed, OEM, Hull and Pole Mounted Neptune Energy a has submitted the platform for processing and Several studies will now be BW Offshore has announced that Decision to Continue (BoV) report for export. Gjøa will also provide completed before the final the first cargo of oil was success- the Cara project to the Norwegian gas lift to the field. A tieback investment decision and the plan fully offloaded from theBW Adolo Ministry of Petroleum and Energy. to existing infrastructure will for development and operation FPSO. A total of 550,000 bbls of oil The licence partnership will now ensure that maximum value (PDO) can be submitted to the were transferred from the FPSO to progress its technical and economic from the field is unlocked. Ministry of Petroleum and Energy in a tanker which will transport the plan before making a final investment the first quarter of 2019. crude oil to a refinery. decision early in 2019. The Cara field is located 6km northeast of the Gjøa field Cara was discovered in 2016 and is The BW Adolo achieved first oil Based on the proposed plan, and about 60km of mainland situated in PL636 in the Norwegian from the Tortue field offshore hydrocarbons from the Cara reservoir Florø. Cara is expected to North Sea. The discovery well, Gabon on 16 September after will be developed with a four-slot yield between 56-94 million 36/7-4, was drilled by Transocean completing hook up of mooring subsea template tied back to the barrels of oil equivalent, in Arctic and proved oil and gas in Agat systems and installation of risers Neptune Energy-operated Gjøa the range of 9-15 m3 formation. and umbilicals. find out more 6 7 www.blueprintsubsea.com BlueprintSubsea UT2 ThirdPage-Vert Advert 2018-05 (CMYK, 480dpi) 11 April 2018 11:00:04 OFFSHORE NEWS CLAIR RIDGE BP has achieved first oil production required capital investment in excess the potential to increase oil recovery 1 export pipeline. Oil from Clair is are 36 well slots, two of which are The start of production of Clair Ridge from the giant Clair Ridge project in of £4.5 billion, are designed for 40 from reservoirs by using reduced exported to the Sullom Voe Terminal being used for the tieback of pre- follows the start-up earlier in 2018 of the West of Shetland, offshore UK. years of production. salinity water in water injection. on Shetland. drilled wells. The drilling programme, five other Upstream major projects. which is likely to last more than Clair Ridge is the second phase of The project has been designed to This is expected to result in up to 40 A new 14.6km, 6in gas export pipeline 10 years, includes drilling and These include Atoll Phase One, development of the Clair field, 75km recover an estimated 640 million million additional barrels being cost- tying Clair Ridge into the West of completing development wells from offshore Egypt, Shah Deniz 2 gas West of Shetland. The field, which was barrels of oil with production effectively recovered over the lifetime Shetland Pipeline Systems (WOSPS) the remaining 34 well slots. development in Azerbaijan, TAAS discovered in 1977, has an estimated expected to ramp up to a peak at of the development. was also installed as part of the expansion project in Russia, Western seven billion barrels of hydrocarbons. plateau level of 120,000 barrels of oil project. The WOSPS transports gas The Clair Field has in excess of Flank B offshore Western Australia and per day. In addition to the platforms, the from West of Shetland to Sullom Voe. 7 billion barrels in place and is Thunderhorse Northwest Expansion Two new bridge-linked platforms and Clair Ridge project also included expected to sustain production in the Gulf of Mexico. It is key to oil and gas export pipelines have been Clair Ridge is the first offshore new pipeline infrastructure with the Clair Ridge also features an advanced for many decades to come, with delivering the 900,000 barrels of oil constructed as part of the Clair Ridge deployment of BP’s enhanced oil installation of a 5.5km, 22in oil export drill rig which will deliver a drilling significant scope for further phases equivalent new production from new project. The new facilities, which recovery technology, LoSal, which has pipeline tying into the Clair Phase programme over several years. There of development. upstream major projects by 2021. 8 9 OFFSHORENEWS NEWS BP's Clair Ridge Platform 10 11 OFFSHORE NEWS MCDERMOTT ON GREAT WHITE HFG TO DIVEST ASSETS NEXANS IRM Nexans has launched a dedicated Inspection, Maintenance and Repair (IMR) service. The new IMR team comprises experienced Nexans engineers that can support customers worldwide with emergency response, a 24/7 hotline and fast-track mobilisation. The Nexans IMR agreement not only reduces the failure risk for cable systems through proactive inspection and maintenance, but also enables Transmission Service Operators (TSOs) to manage unexpected incidents more efficiently with the help of the expert team. Over the last 40 years Nexans has successfully performed over 50 offshore repairs. Great White Frio McDermott to install a flexible system to an onshore location at flowline, one steel flying lead and Maricá City two electrical flying leads for the Shell-operated Great White Frio The contract covers the development in the Gulf of Mexico implementation of the ultra-shallow Nexans jetting vessels segment of the new Rota 3 gas export Heerema Fabrication Yard McDermott's scope of work pipeline.
Load more

Recommended publications
  • Guide to the American Petroleum Institute Photograph and Film Collection, 1860S-1980S
    Guide to the American Petroleum Institute Photograph and Film Collection, 1860s-1980s NMAH.AC.0711 Bob Ageton (volunteer) and Kelly Gaberlavage (intern), August 2004 and May 2006; supervised by Alison L. Oswald, archivist. August 2004 and May 2006 Archives Center, National Museum of American History P.O. Box 37012 Suite 1100, MRC 601 Washington, D.C. 20013-7012 [email protected] http://americanhistory.si.edu/archives Table of Contents Collection Overview ........................................................................................................ 1 Administrative Information .............................................................................................. 1 Arrangement..................................................................................................................... 3 Biographical / Historical.................................................................................................... 2 Scope and Contents........................................................................................................ 2 Names and Subjects ...................................................................................................... 4 Container Listing ............................................................................................................. 6 Series 1: Historical Photographs, 1850s-1950s....................................................... 6 Series 2: Modern Photographs, 1960s-1980s........................................................ 75 Series 3: Miscellaneous
    [Show full text]
  • Mipeg User Reference List
    Aanderaa Data Instruments Document Y-101 D00 160 Page 1 of 9 Date 01.05.2013 MIPEG SYSTEMS USER REFERENCE LIST MIPEG Systems have been extensively installed on a wide variety of cranes. Systems are operating offshore in all parts of the world. The systems are used on fixed platforms, drilling rigs, pipe laying barges, lift boats, FPSO`s and drill ships. Units have also been fitted to high integrity overhead travelling cranes in the Nuclear Electricity Generating Field, cranes operated by Ministry of Defence (UK), Corps of Engineers (USA) and US Navy The current 'family' of MIPEG Systems comprises: MIPEG 2000R - Load/Moment Dynamic Monitoring and Recording System MIPEG 2000NR - Automatic Safe Load Indicator MIPEG RSI - Rope Speed/Direction Indicating Device MIPEG OLM - Operating Limits Monitor To date, more than 2173 MIPEG Systems have been delivered by Aanderaa Data Instruments A.S. Details of the operators and locations of the MIPEG Systems are listed below. OPERATORS : ACT, AES OTTO INDUSTRIES, ADMA OPCO, AIOC, AGIP, AMERADA HESS, APACHE ENERGY, ARABIAN DRILLING, ATLANTIC DRILLING, ATP O&G, ATWOOD OCEANICS, AWILCO, BASS DRILL, BETA DRILLING, BHP,BIBBY OFFSHORE, BRITISH GAS, BP , BP VESTAR, BW OFFSHORE, CACT, CENTRICA, CNR-CANADIAN NATIONAL RESOURCES, CHEVRON-TEXACO, CLEARWAYS DRILLING, CLOUGH, CLYDE PETROLEUM, CONSAFE, COSDC, CNOOC, CONOCO-PHILLIPS, CORPS OF ENGINEERS, CPOE, DANOS&CUROLE, DEVON ENERGY, DIAMOND OFFSHORE, DOLPHIN DRILLING, DOMINION EXPL. DYNEGY, DYVI OFFSHORE, E-ON, ENCANA, EL PASO ENERGY, ENSCO, ENTERPRISE OIL, ENSERCH, ETESCO, EXMAR OFFSHORE, EXXONMOBIL, EZRA MARINE, FLUOR DANIEL, FRONTIER DRILLING, GAS de FRANCE, GLOMAR INTERNATIONAL, GSP UPETROM, GULF OFFSHORE, GUPCO, GUSTO, HELMERICH & PAYNE, HYDROCARBON RESOURCES, I.P.C, IRAN MARINE, J.
    [Show full text]
  • Modified UK National Implementation Measures for Phase III of the EU Emissions Trading System
    Modified UK National Implementation Measures for Phase III of the EU Emissions Trading System As submitted to the European Commission in April 2012 following the first stage of their scrutiny process This document has been issued by the Department of Energy and Climate Change, together with the Devolved Administrations for Northern Ireland, Scotland and Wales. April 2012 UK’s National Implementation Measures submission – April 2012 Modified UK National Implementation Measures for Phase III of the EU Emissions Trading System As submitted to the European Commission in April 2012 following the first stage of their scrutiny process On 12 December 2011, the UK submitted to the European Commission the UK’s National Implementation Measures (NIMs), containing the preliminary levels of free allocation of allowances to installations under Phase III of the EU Emissions Trading System (2013-2020), in accordance with Article 11 of the revised ETS Directive (2009/29/EC). In response to queries raised by the European Commission during the first stage of their assessment of the UK’s NIMs, the UK has made a small number of modifications to its NIMs. This includes the introduction of preliminary levels of free allocation for four additional installations and amendments to the preliminary free allocation levels of seven installations that were included in the original NIMs submission. The operators of the installations affected have been informed directly of these changes. The allocations are not final at this stage as the Commission’s NIMs scrutiny process is ongoing. Only when all installation-level allocations for an EU Member State have been approved will that Member State’s NIMs and the preliminary levels of allocation be accepted.
    [Show full text]
  • BP P.L.C. Group Results Third Quarter and Nine Months 2018 Highlights Third Quarter Financial Summary
    FOR IMMEDIATE RELEASE London 30 October 2018 BP p.l.c. Group results Third quarter and nine months 2018 Highlights Strong earnings driven by high reliability and major project delivery • Strong earnings and cash flow: – Underlying replacement cost profit for the third quarter of 2018 was $3.8 billion, more than double a year earlier and the highest quarterly result in more than five years, including significant earnings growth from the Upstream and Rosneft. – Operating cash flow excluding Gulf of Mexico oil spill payments for the quarter was $6.6 billion, including a $0.7 billion working capital build (after adjusting for inventory holding gains). – Gulf of Mexico oil spill payments in the quarter were $0.5 billion on a post-tax basis. – Dividend of 10.25 cents a share for the third quarter, 2.5% higher than a year earlier. • Strong operating performance: – Very good reliability, with the highest quarterly refining availability for 15 years and BP-operated Upstream plant reliability of 95%. – Reported oil and gas production was 3.6 million barrels of oil equivalent a day. Upstream underlying production, which excludes Rosneft and is adjusted for portfolio changes and pricing effects, was 6.8% higher than a year earlier, driven by ramp-up of new projects. Rosneft production of 1.2 million barrels of oil equivalent a day was 2.8% higher than last year. • Strategic delivery: – The Thunder Horse Northwest expansion project in the Gulf of Mexico and the Western Flank B project in Australia began production in October, both ahead of schedule. They are BP’s fourth and fifth Upstream major projects to start up in 2018.
    [Show full text]
  • Permit ID Installation ID Operator Name Installation Name 2013 2014
    Installation Operator Name Installation Name 2013 2014 2015 2016 2017 2018 2019 2020 Permit ID ID DTI1015 204463 Premier Oil E&P UK Ltd Voyager Spirit FPSO 72,740 37,302 36,642 35,981 35,321 34,660 33,999 33,339 DTI1016 202656 Ithaca Energy UK Limited Athena 41,458 40,737 40,015 39,294 0000 DTI9910 207103 EnQuest Heather Limited EnQuest Producer 0 0 14,726 79,970 78,502 77,033 75,565 74,097 CNR International (UK) Petrojarl Banff DTI9950 206523 0 26,039 31,970 31,394 30,818 30,241 29,665 29,088 Limited FPSO Nexen Petroleum U.K. DTI9960 206591 Golden Eagle 0 6,010 26,378 27,736 27,227 26,718 26,209 25,699 Limited Anasuria Operating DTI9991 715 Anasuria 43,325 13,457 41,811 22,330 40,264 39,479 38,684 37,887 Company Limited DTI9999 8 Premier Oil E&P UK Ltd Balmoral 34,174 33,580 32,980 32,379 31,760 31,140 30,513 29,884 GB-DTI0200 2 Centrica Storage Ltd Rough 47/3B 66,144 64,995 63,833 62,658 30,736 30,136 29,530 28,921 GB-DTI0300 3 EnQuest Heather Limited Kittiwake Alpha 61,921 60,846 14,940 29,329 57,547 56,425 55,288 54,148 GB-DTI0400 4 Apache North Sea Limited Forties Alpha 69,336 68,131 66,913 65,682 64,437 63,181 61,909 60,632 GB-DTI0600 6 Apache North Sea Limited Forties Charlie 47,229 46,409 45,579 44,740 43,892 43,037 42,170 41,300 GB-DTI0700 7 Apache North Sea Limited Forties Delta 66,347 65,195 64,029 62,851 61,660 60,458 59,240 58,019 ConocoPhillips (UK) GB-DTI1000 10 Britannia 286,653 281,674 276,637 271,547 266,402 261,207 255,947 250,670 Britannia Limited GB-DTI-1001 693 Chrysaor Limited Lomond 65,871 64,727 63,570 62,400 61,218 60,024 58,815 57,603 GB-DTI-1002 696 Chrysaor Limited Everest North 41,385 40,666 39,939 39,204 38,461 37,711 36,952 36,190 GB-DTI1003 686 Britoil Ltd Bruce 142,795 280,628 137,805 270,538 265,413 260,237 254,997 249,739 Spirit Energy North Sea Oil Sevan Marine GB-DTI-1010 1123 127,129 124,921 122,687 120,430 118,148 115,844 113,512 111,171 Limited Hummingbird GB-DTI1011 18 Perenco UK Limited Thames Alpha 23,338 22,933 0 0 0000 Nexen Petroleum U.K.
    [Show full text]
  • United Kingdom Overview
    ‹ Countries United Kingdom Last Updated: June 3, 2014 (Notes) full report Overview The United Kingdom is the largest producer of oil and the second-largest producer of natural gas in the European Union. Following years of exports of petroleum and natural gas, the UK became a net importer of all fossil fuels for the first time in 2013. The United Kingdom (UK) is the sixth largest economy in the world, as well as the largest producer of oil and the second-largest producer of natural gas in the European Union (EU). Following years of exports of both fuels, the UK became a net importer of natural gas and crude oil in 2004 and 2005, respectively. Production from UK oil and natural gas fields peaked around the late 1990s and has declined steadily over the past several years as the discovery of new reserves and new production has not kept pace with the maturation of existing fields. The UK became a net importer of petroleum products in 2013, making it a net importer of all fossil fuels for the first time. The UK government, aware of the country's increasing reliance on imported fuels, has developed key energy policies to address the domestic production declines. These include: using enhanced recovery from current and maturing oil and gas fields, promoting energy efficiency, decreasing the use of fossil fuels and thus reliance on imports, promoting energy trade cooperation with Norway, and decarbonizing the UK economy by investing heavily in renewable energy. However, for the UK to decarbonize its economy, huge investments in the energy infrastructure are needed.
    [Show full text]
  • Date: 2..4- 2017 Call Option Deed in Respect Of
    DATE: 2..4- 2017 CALL OPTION DEED IN RESPECT OF INTERESTS IN THE SULLOM VOE TERMINAL, THE NINIAN PIPELINE SYSTEM, THE NORTHERN LEG GAS PIPELINE, THE MAGNUS FIELD AND THE MAGNUS SOUTH FIELD Between BP EXPLORATION OPERATING COMPANY LIMITED AND ENQUEST NNS LIMITED UK - 212318988.3 TABLE OF CONTENTS 1. Definitions and Interpretation 1 2. Grant of the Call Option 2 3. Period between signing and exercise of call option 3 4. Termination 3 5. Call Option Guarantee 4 6. General 4 Schedule 1 Form of Call Option Notice 13 Schedule 2 Sale and Purchase Terms 14 1. Definitions and Interpretation 15 2. Agreement to Sell the Additional Sale Interests 33 3. Consideration for the Additional Sale Interests 33 4. Conditions and Termination 34 5. Period between the Call Option Notice Date and Completion 37 6. Completion 37 7. Post Completion 38 8. Seller's Warranties 39 9. Limitations on Seller's Liability and Third Party Claims 40 10. Buyer's Warranties 40 11. Decommissioning, Environment and General Indemnities 40 12. Tax 43 Exhibit 1 Additional Sale Interests Documents 44 Exhibit 2 Consideration Adjustments and payment mechanism 45 Exhibit 3 Period between Signing and Completion 65 Exhibit 4 Completion Obligations 68 Exhibit 5 Seller's Warranties 70 Exhibit 6 Limitations on Seller's Liability 76 Exhibit 7 Buyer's Warranties 82 Exhibit 8 Tax 84 Schedule 3 Form of Call Option Guarantee 89 UK - 212318988.3 THIS DEED is made on I January 2017 BETWEEN: (1) BP EXPLORATION OPERATING COMPANY LIMITED, a company incorporated in England & Wales (company number 00305943), having its registered office at Chertsey Road, Sunbury on Thames, Middlesex, TW16 7BP (the "Seller"); arid (2) ENQUEST NNS LIMITED, a company incorporated in England & Wales (company number 10573715 having its registered office at 5th Floor, Cunard House, 15 Regent Street, London, SW1Y 4LR (the "Buyer").
    [Show full text]
  • World Oil: Market Or Mayhem?
    Journal of Economic Perspectives—Volume 23, Number 3—Summer 2009—Pages 145–164 World Oil: Market or Mayhem? James L. Smith nergy analysts sometimes speak of oil’s “golden era,” that 100-year stretch between 1874 and 1974 when the real price was relatively stable within a E range from $10 to $20 per barrel (BP, 2008) in 2007 dollars. Figure 1 shows that in recent decades, that stability has ended. In October 1973, several Arabic members of the Organization of the Petroleum Exporting Countries (OPEC) announced that in response to U.S. support for Israel during the 1973 Arab–Israeli war, they would place an embargo on oil exports to the United States. That action caused real oil prices to soar from $12 to $53 per barrel within four months. Later in the 1970s, political turmoil in Iran and the Iran–Iraq war again rattled the market and by January 1981 pushed the real price up to $95. Eventually, oil prices fell back to earth with a thud, bottoming out at $21 per barrel in July 1986. The roller coaster ride of prices has continued more recently. After oil prices skidded to a low of $12 per barrel in December 1998 in the wake of the Asian financial crisis, oil stabilized again around $30 during 2000–2004 before a breathtaking ascent that reached $145 per barrel by July 2008—only to dip below $40 per barrel again before the end of 2008. A unique combination of economic circumstances surrounds oil markets. A short list would include extremely high price volatility; the prominent role and unusual longevity of a major cartel (OPEC); the absolute size and scope of the oil industry and its important links to industrialization, economic growth, and the global distribution of wealth; nagging doubts about the sustainability of the re- source base; substantial volumes of petroleum-related CO2 emissions that pull oil y James L.
    [Show full text]
  • Download Our Products
    Our Products Our Products 2 MHWirth in Brief MHWirth is a leading global provider of first-class drilling solutions and services designed to offer our valued customers with the safer, more efficient and reliable alternative. Our knowledge and technologies span from reservoir to production and through the life of the field. Our company vision drives an unparalleled MHWirth has a global reach covering five commitment to quality and major continents with offices in 12 countries. economic advantages for our customers Drawing upon our global market success, and stakeholders. we continue to seize opportunities through an established strong regional presence. With a remarkable legacy founded more than a century ago, MHWirth has Our dedicated professionals consistently transformed into a brand reflective of our strive to enhance customer satisfaction robust company strategy and compelling and form meaningful collaborations by ambitions. creating a personalized experience. Our reputation is preserved through a winning combination of values, people and innovative technologies, proven by a respected track record and a vast collection of customer success stories. Our Products 3 Our Products 4 Performance With a Purpose MHWirth’s values are a testament to our commitment to each other, our customers and our stakeholders. We strive for excellence without compromising on integrity. These six values serve as a roadmap towards cultivating a positive workplace and fulfilling our corporate strategy with pride.Our brand proposition is empowered through the
    [Show full text]
  • Compensation for Economic Loss Following an Oil Spill Incident: Building a New Framework for Thailand
    Compensation for Economic Loss Following an Oil Spill Incident: Building a New Framework for Thailand Tidarat Sinlapariromsuk A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy University of Washington 2017 Reading Committee: Donsheng Zang, Chair William Rodgers Sanne Knudsen Usha Varanasi Program Authorized to Offer Degree: School of Law © Copyright 2017 Tidarat Sinlapapiromsuk University of Washington Abstract Compensation for Economic Loss Following an Oil Spill Incident: Building a New Framework for Thailand Tidarat Sinlapapiromsuk Chair of the Supervisory Committee: Associate Professor of Law Dongsheng Zang School of Law The Rayong Oil Spill of 2013 presents a useful example of the catastrophic consequences of a large oil spill in Thailand, consequences that can provide meaningful lessons for industry and government. Many local residents and businesses throughout the coastal communities in Rayong suffered economic loss largely due to damages to natural resources; however, under the existing legal regime, there is no effective comprehensive legal framework that directly and adequately regulates the compensation regimes that handle claims of economic-loss following an oil-spill incident. Equally, as an alternative to litigation, there is no adequate guidance for the regimes handling rapid compensation payments for such type of claims. In the aftermath of the Rayong Spill, the responsible bodies developed the out-of-court compensation program on the fly, struggling to find a proper way to respond to this unprecedented disaster—yet this response was so haphazard that it left some claimants without clear rights to compensation, or, conceivably, it even left them with unfair levels of compensation.
    [Show full text]
  • Upstream Break-Out: Longer Term Investments
    BP 2011 Results and Strategy Presentation Upstream break-out: Longer term investments Upstream break-out 0 200km Longer term investments play to our 0 100kmstrengths Mike Daly: EVP, Exploration Andy Hopwood: EVP, Strategy & Integration 0 200km 0 200km 0 200km 0 250km 0 200km1 Good afternoon. I’m Mike Daly, Executive Vice President, Exploration and together with my colleague Andy Hopwood, Executive Vice President, Strategy and Integration, we will take you through some detail about BP’s longer term future. Bob spoke earlier about our resource base and the upcoming projects. I will deal with our exploration and appraisal portfolios. Andy will then cover our position in unconventionals – and how we are adding value to our major gas positions down the value chain. But first a word about BP’s resource base in general. 1 BP 2011 Results and Strategy Presentation Upstream break-out: Longer term investments Cautionary statement Forward-looking statements - cautionary statement This presentation and the associated slides and discussion contain forward-looking statements, particularly those regarding: expected increases in investment in exploration and upstream drilling and production; anticipated improvements and increases, and sources and timing thereof, in pre-tax returns, operating cash flow and margins, including generating around 50% more annually in operating cashflow by 2014 versus 2011 at US$100/bbl; divestment plans, including the anticipated timing for completion of and final proceeds from the disposition of certain BP assets; the expected
    [Show full text]
  • Deepwater Horizon – Failure of Blowout Preventer (BOP)
    Deepwater Horizon – Failure of Blowout Preventer (BOP) Jim Thomson September 2016 Jim Thomson September 2016 1 20 April 2010, Gulf of Mexico • 11 dead • $350m (2001 cost) platform destroyed • Largest ever oil spill • BP CEO sacked • New regulator (BSEE) created Total BP liability (2016) $61 bn, plus other lesser liabilities: • Anadarko (junior non-operating partner) • MOEX (junior non-operating partner) • Transocean (operator/owner) • Cameron (BOP designer) • Halliburton (drilling contractor) 129 people on board: Final total cost ~$80 bn ?? 6 BP personnel 30 Halliburton Others mostly Transocean Most expensive ever accident (except Chernobyl and Fukushima) Jim Thomson September 2016 2 1. Why didn’t the Blowout Preventer work? 2. Were there any common causes between Deepwater Horizon and the 2005 Texas City Refinery accident? A cautionary tale of bad standards, weak regulation, and minimal compliance Jim Thomson September 2016 3 Deepwater Horizon Sea level 18360 feet (5564 m) 40 feet Blowout 4992 feet from sea level (13 m) Preventer to reservoir (1513 m) to seabed Seabed The BOP was designed and manufactured to API standards by Production Cameron International (Texas), and owned and operated by Casing Transocean (Switzerland) under contract to BP. Cameron: 20000 employees NOT TO SCALE! $8.5 bn turnover (2012) Cameron International was bought by Schlumberger in 2016 SIMPLIFIED! for $14.8 bn. Transocean: 18000 employees $10 bn turnover (2012) Hydrocarbon Jim Thomson September 2016 Reservoirs 4 The role of the BOP was to shear the drill pipe
    [Show full text]