Subsea Processing: Boosting and Gas Compression Enabled through HV Wet-Mate Connectors and Penetrators

Abstract

Offshore drilling activity continues to migrate into deeper waters, especially with new oil and gas discoveries happening in smaller reservoirs located in deeper waters. Making these discoveries commercially viable relies on not only revenue from high oil and gas prices but also on reducing operating expenses (OPEX) and capital expenditures (CAPEX). Oil and gas producers are now looking at new technologies to produce effectively these high-pressure, complex reservoirs. Technologies such as subsea boosting and subsea gas compression allow subsea processing of hydrocarbons to change the economics of deepwater production. Republished from Marine Technology Reporter (April 2014)