itf/subsea uk - 2007 theme day subsea 2020 vision david pridden chief executive subsea uk

collaboration | commercialisation | diversification | internationalisation

ITF/Subsea UK - 2007 Theme Day

Subsea 2020 Vision

David Pridden

Chief Executive

Subsea UK


ITF/Subsea UK - 2007 Theme Day

Presentation Why Now

Challenges Facing the Industry

Results of the 2020 Workshops


Subsea 2020

A National Strategy for

Skills, Technology and Competitive Business

in the UK’s Subsea Sector


Wisdom

Big

Big appetite

Been around along time

Endangered Species? No predators?


UK’s Subsea Industry: Challenges

• UKCS Mature Province: need more reliable, flexible, cost efficient subsea capex and opex

• Market increasingly global

• Globalisation: Far East, Americas’

• Shortage of skills and lack of interest by our school children


First’s on the UKCS – more of these?


Subsea Wells 1970 – 1999: North Sea The Major Player


Growth of the global market

0%

10%

20%

30%

40%

50%

60%

1997 1998 1999 2000 2001 2002 2003 2004 2005 2006

pe

rce

nta

ge

of o

ffsh

ore

fie

lds

Europe - Subsea

Rest of World - Subsea

Source: Douglas Westwood, Scottish Enterprise

Not in the UKCS

The European Challenge


2020 Workshops

“What will the subsea industry be doing

in 2020? What will be key?”

• Market for Capital Expenditure

• Market for Operational Expenditure

• Decommissioning market

• Other markets


Prioritised ranking for all topics

Area Rank

Smart subsea technology 1

Skills 2

Asset integrity 3

International Opportunities 4

Enhanced Recovery 4

Small developments 6

Commercial Model 7

Security of Supply 8

Renewable Opportunities 9


Key Target Areas for 2020

Businesses

TechnologySkills


Technology: A Global Leader

2020 AimUK leads the world in subsea technology through a leading edge research programme. UKCS has become a centre for onshore and offshore testing for novel subsea technologies

Delivery• JIP – UK Deepstar?Focus• Enhanced recovery: more for less from subsea wells• Smart subsea: use of intelligent systems• Optimisation of established and new energy systems:

integration of fossil with renewable

Source: Arthur D Little, DTI, Subsea UK


2020 Workshop: Technology

Technology

Technology

Application of technology

Enhanced recovery

Smart Subsea

Doing more subsea

Smart utilisation


Subsea/Deepwater R & D Programmes • Procap 3000: Brazil – ultra deepwater:

– Further production from new discoveries > 3000 metres

– Cut extraction and lifting costs of existing > 1000 metre fields

• Demo 2000: Norway – innovative Norwegian industrial products– Seabed processing– Enhanced recovery– Deepwater and subsea: floaters, moorings and

risers• Deepstar: US – global deepwater technology

– Subsea boosting– Flow assurance– Reliable deepwater production systems


Concluding Comments

• Co-ordinate skills and training across the industry

• Deepstar type JIP to direct technology development: focus on key technologies

• Collaborate/innovate in business

Subsea Centre of Excellence within ETI


“A TALE OF TWO FUTURES”

itf/subsea uk - 2007 theme day subsea 2020 vision david pridden chief executive subsea uk

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