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  • BP books Saipem for work in Gulf of Mexico while Eni hands out rig conversion deal
    BP books Saipem for work in Gulf of Mexico while Eni hands out rig conversion deal
    • August 14, 2023

    Italy’s engineering, drilling, and construction services giant Saipem is on a roll, as it lined up its second batch of contracts in two days and its third one since the start of this month. The latest set of deals was secured with two oil majors. These assignments, awarded by Eni and BP, come with a total value of around $700 million. Scarabeo 5 semi-submersible drilling rig; Source: Saipem The Italian giant won the first contract with Eni Congo for the conversion of the Scarabeo 5 semi-submersible drilling rig into a separation and boosting plant – a floating production unit (FPU), which is a semi-submersible production platform that receives the production fluids from wellheads riser platforms, separates the gas from liquids and boosts the gas to feed the nearby floating LNG (FLNG) unit. After an agreement signed early this year for the execution of preliminary engineering and procurement activities, the new contract entails the engineering, procurement, construction, transportation and commissioning of the FPU to be installed offshore the coast of the Republic of Congo, located northwest of the Djeno Terminal, in a depth of about 35 metres. The commissioning of offshore works and the start-up of the FPU are slated for 4Q 2025. According to Saipem, this deal is part of Eni’s Congo LNG project, the country’s first natural gas liquefaction project that is expected to reach an overall LNG production capacity of 3 million tons per year – approximately 4.5 billion cubic meters per year – from 2025. The Congo LNG project is expected to exploit the gas resources of the Marine XII project, fulfilling power generation needs while fuelling LNG exports and supplying new volumes of gas to international markets focusing on Europe. The project entails the installation of two floating natural gas liquefaction plants at the Nenè and Litchendjili fields. The first FLNG plant, currently under conversion and with a capacity of 0.6 million tonnes per year, is expected to begin production in 2023, while the second FLNG plant, already under construction, is expected to become operative in 2025, with a capacity of 2.4 MTPA. Source: offshore-energy

  • After 11 years, the impact of the Gulf of Mexico oil spill is still far-reaching.
    After 11 years, the impact of the Gulf of Mexico oil spill is still far-reaching.
    • August 04, 2023

    With the development of technology and social progress, humans are gradually influencing and changing the ecological environment on Earth, and many organisms have been in deep water due to human relations. According to reports, after 11 years, organisms living in the Gulf of Mexico are still suffering from the 2010 oil spill. The Gulf of Mexico oil spill, also known as the BP oil spill or the Deepwater Horizon oil spill, was an oil spill incident that occurred on April 20, 2010 outside the Gulf of Mexico. The cause was a blowout and explosion on a deep-sea drilling platform called Deepwater Horizon rented by BP, resulting in an oil spill accident. After the Gulf of Mexico oil spill, a large area of water near the spill was contaminated, and many fish, birds, marine organisms, and plants were severely affected, such as illness and death. The US government's investigation report in November pointed out that 6104 birds, 609 sea turtles, and 100 dolphins, including mammals, have died. This number may include animals that died from natural causes, and all data on deaths caused by deep-sea oil spills is still uncertain. At present, it is unclear when the oil concentration in seawater can return to the normal level before the incident. So why the human being build oil wells offshore? Because there are very rich oil resources in the ocean. According to statistics, the world's proven offshore oil reserves now account for more than 25% of the world's known oil reserves, and offshore oil wells are becoming more and more common. Exploitation and use of these offshore oil resources will contribute to the development and progress of mankind. However, every coin has two sides. When human beings enjoy the convenient life that resources bring to us, we are also destroying the ecological environment of the earth due to our demands for natural resources. The U.S. Gulf of Mexico crude oil spill is not the only marine oil spill in the world, and it is still possible to happen in the future. What humans have to do is to avoid oil spills as much as possible and to avoid pollution to the natural environment. Seals are key components of petroleum drilling control equipment, mainly used to control wellhead pressure during drilling, workover, oil testing, and other processes, effectively preventing blowout accidents and achieving safe construction. By using high-quality Oil and gas seals, we can effectively prevent oil leakage from the equipment. From this, it can be seen that sealing is not a trivial matter. Whether in oil or gas transmission equipment, we must fully test the performance of the seals to prevent leakage. JST Seals are committed to our mission of "Fuel social development of mankind via sealing technology". We can help you develop, design, produce, and test seals.

  • Hundreds of new oil and gas licenses will be granted in the UK, the Prime Minister has confirmed (Monday 31 July).
    Hundreds of new oil and gas licenses will be granted in the UK, the Prime Minister has confirmed (Monday 31 July).
    • August 02, 2023

    Hundreds of new oil and gas licences will be granted in the UK, the Prime Minister has confirmed (Monday 31 July), as the UK Government continues to back the North Sea oil and gas industry as part of drive to make Britain more energy independent. The Government and the North Sea Transition Authority (NSTA) are announcing a joint commitment to undertake future licensing rounds, which will continue to be subject to a climate compatibility test. By adopting a more flexible application process, licences could also be offered near to currently licensed areas – unlocking vital reserves which can be brought online faster due to existing infrastructure and previous relevant assessments. With the independent Climate Change Committee predicting around a quarter of the UK’s energy demand will still be met by oil and gas when the UK reaches net zero in 2050, the Government is taking steps to slow the rapid decline in domestic production of oil and gas, which will secure our domestic energy supply and reduce reliance on hostile states. This will increase the UK’s energy security and reduce dependence on higher-emission imports, whilst protecting more than 200,000 jobs in a vital industry as we grow the UK economy. As part of a visit to a critical energy infrastructure site in Aberdeenshire today, the Prime Minister will highlight the central role the region will play in strengthening the UK’s energy independence and meet the next generation of skilled apprentices key to driving this work forward. Source: GOV.UK

  • Latest Trends in Sealing Product Applications in the Petroleum Industry
    Latest Trends in Sealing Product Applications in the Petroleum Industry
    • July 21, 2023

    According to recent industry reports, here are some developments in the application of sealing products for the oil industry: Application of high-performance sealing materials: In recent years, the demand for high-performance sealing materials in the petroleum industry has been increasing. These materials have high resistance to chemicals, high temperature and high pressure, which can effectively reduce the risk of leakage and failure, and improve the reliability and safety of the system. Temperature and pressure challenges: Sealing products in the petroleum industry face extreme temperature and pressure conditions. To meet these challenges, manufacturers are constantly developing and improving seal materials and designs. For example, the application of new materials such as thermoplastic elastomer (TPE) and perfluoroelastomer (FFKM) provides excellent performance in high temperature and corrosive environments. Environmental protection and sustainability requirements: In recent years, the petroleum industry has become increasingly demanding on environmental protection and sustainability. In terms of sealing product applications, this means that the requirements for low leakage performance become more stringent. Many companies are adopting more reliable sealing systems and investing in research and development of new sealing products to reduce the impact on the environment. Remote monitoring and maintenance: With the development of the Internet of Things and sensing technology, the application of sealing products in the petroleum industry is moving towards intelligence and automation. Through the remote monitoring and maintenance system, enterprises can monitor the status and performance of sealing products in real time, and take timely measures to improve the reliability and efficiency of equipment. Technological innovation and cooperation: In order to meet the requirements of the oil industry, sealing product manufacturers are working closely with oil companies and continuously making technological innovations. For example, by introducing new materials, improving seal designs and developing smart sealing systems to provide more reliable and safer solutions. JST Seals closely follows the industry development trend and continuously innovates, providing the oil and gas industry with standard API 6A wellhead seals such as FS seal and P seal widely used in casing heads, S seal and T seal used in tubing hangers, downhole tool seals such as rubber packer element, Vee packings, etc. These products offer excellent resistance to chemicals, high temperatures and pressures, maintaining excellent sealing performance and reliability in harsh oil extraction environments.

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