Norway’s Statoil begins development of offshore oil and gas fields
Producer plots strategies, chooses infrastructure suppliers, to develop Norwegian continental shelf production units.
Statoil, the Norwegian energy producer, has selected Emerson Process Management as one of the three main suppliers for its new offshore oil- and gas-field developments. The agreement will place Emerson as primary bidder for expected automation and safety systems for the new projects.
The agreement supports Statoil’s strategy of using innovative technologies to solve future energy needs, including making the most of emerging opportunities in shale gas, heavy oil, deep-water production, and further development of the Norwegian Continental Shelf. Emerson says its integrated safety and automation system – which includes its DeltaV digital automation system and DeltaV SIS process safety system – will help Statoil maximize production while reducing operating costs and minimizing safety and environmental risks.
Statoil and Emerson recently collaborated to apply Emerson’s Smart Wireless technology on two offshore platforms, where the networks helped reduce cost and weight.
The five-year frame agreement covers process safety and automation systems, including engineering services, for new capital projects as well as upgrades to existing facilities, and includes the option to renew for two additional two-year terms. Emerson will continue to provide control valves, measurement instruments, asset management solutions, and related services to Statoil.
Edited by Peter Welander, firstname.lastname@example.org
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey