Shallow water subsea solution to mitigate CAPEX swallow
Bukkie Orugun A * and Tuan Do BA
B
Bukkie Orugun is the Global Director Sales and Marketing responsible for TechnipFMC Surface Technologies business unit Sales and Marketing Governance. Her role encompasses business leadership, strategy, business development and sales among other disciplines. Bukkie has a Bachelor’s in Mechanical Engineering and a Master’s in Petroleum Engineering combined with multiple soft skills training. This is in addition to almost two decades of Energy industry experience. Bukkie has held multiple roles across four continents. The international experience gives her a thorough and wide skill set which enables quick understanding of the complexity of business issues and associated cultural nuances that arise. Bukkie is currently an office bearer for the Society of Underwater Technology Perth and a member of Standards Australia IEC 114 working group. Her hobbies are mentoring, family quiz time and travelling. |
Tuan Do is TechnipFMC’s Director for Shallow Water technologies and APAC Field Services. Tuan holds a Bachelor’s in Mechanical Engineering and Master’s in Business Administration. Tuan started his career in Houston working offshore in the GOM, before taking on different assignments spanning the globe including time in Equatorial Guinea, China, Australia, and eventually settling down in Singapore. With 17 years of experience at TechnipFMC in roles spanning engineering, offshore operations, sales and business management, he is well versed across TechnipFMC’s entire Subsea and Surface technology portfolio. |
Abstract
As operating companies continue to focus on projects with shorter payback periods, quick-to-market potential and cost discipline, shallow water opportunities are becoming more attractive. Jackup rigs offer clear advantages for shallow water operations, particularly in terms of operational load transfer compared to light well intervention vessels equipped with a riser system or semi-submersibles. Shallow water challenges for operators can include trapped or uneconomic assets and, in some instances, product incompatibility with the nearest host. By leveraging the Shallow Water iEPCI™ ecosystem, companies can achieve faster project execution, reduced costs and enhanced operational efficiency. The integration of hardware and software systems ensures a streamlined approach, minimising complexities and maximising productivity. This approach not only addresses the challenges of shallow water operations but also provides a comprehensive solution that enhances safety and performance in offshore environments. TechnipFMC has successfully executed several projects using this approach across the world including Australia. The content will explore the benefits of the Shallow Water iEPCI™ ecosystem, with pre-engineered products designed for short project cycles to save time and complexity with seamless hardware and software systems integration using case studies. This ecosystem integrates a portfolio of smart standard products and systems, including shallow water trees, flexible pipes and manifolds that are fit for purpose, lighter in weight and provide reduced intervention cycles to improve offshore safety. There are clear percentage project cycle time and cost savings improvements to be articulated.
Keywords: CAPEX optimisation, CAPEX swallow, completion methodology system, drilling, intervention, jack-up installable tree, JXT, shallow water technology, stranded reservoirs.
Bukkie Orugun is the Global Director Sales and Marketing responsible for TechnipFMC Surface Technologies business unit Sales and Marketing Governance. Her role encompasses business leadership, strategy, business development and sales among other disciplines. Bukkie has a Bachelor’s in Mechanical Engineering and a Master’s in Petroleum Engineering combined with multiple soft skills training. This is in addition to almost two decades of Energy industry experience. Bukkie has held multiple roles across four continents. The international experience gives her a thorough and wide skill set which enables quick understanding of the complexity of business issues and associated cultural nuances that arise. Bukkie is currently an office bearer for the Society of Underwater Technology Perth and a member of Standards Australia IEC 114 working group. Her hobbies are mentoring, family quiz time and travelling. |
Tuan Do is TechnipFMC’s Director for Shallow Water technologies and APAC Field Services. Tuan holds a Bachelor’s in Mechanical Engineering and Master’s in Business Administration. Tuan started his career in Houston working offshore in the GOM, before taking on different assignments spanning the globe including time in Equatorial Guinea, China, Australia, and eventually settling down in Singapore. With 17 years of experience at TechnipFMC in roles spanning engineering, offshore operations, sales and business management, he is well versed across TechnipFMC’s entire Subsea and Surface technology portfolio. |
