CANADA & HOSTILE ASIAN NATION PLANS SUBSEA SUPRESSION OF THE UNITED STATES GREAT LAKES

Statoil plans first use of subsea compression

Subsea processing technology advances, as Statoil plans the world's first subsea gas-compression facility at Åsgard

IN A landmark for the development of subsea processing, Statoil plans to install the world's first subsea gas-compression facility at its Åsgard field in the Norwegian Sea. The company said the Åsgard partners are due to give the go-ahead for the project, which will add 28bn cubic metres of gas and 14m barrels of condensate to the field's reserves, in the first quarter of 2011. The facility is to be installed by 2014, when pressure in two structures will have declined.

When proved, subsea compression is expected to find widespread applications in supporting production from large gasfields and also in facilitating the development of smaller fields. Large subsea-developed gasfields, such as Statoil's Snøhvit and Shell's Ormen Lange in Norway, will eventually need compression facilities installed near their wellheads. Smaller fields could use subsea compression to allow their gas to ...Click here to continue reading Statoil plans first use of subsea compression