Solution
Centre

Project

James Fisher - James Fisher First Subsea Single Phase Tubular Removal

Technology Organisation

James Fisher

James Fisher is a leading provider of specialist services to the marine, oil and gas and other high assurance industries worldwide.

https://www.james-fisher.com/

James Fisher - James Fisher First Subsea Single Phase Tubular Removal

Project summary

James Fisher and First Subsea are developing a tool capable of both cutting and lifting, in a safer, more efficient manner, compared to current technologies. It will provide the decommissioning sector with a standardised and efficient methodology for the recovery and removal of offshore structures which have been constructed using steel tubulars, with a potential to save approximately £4,000 per day in comparison to traditional methods. Based on a full year of tubular cutting operations, the savings could be in the region of £2-2.5million per year, based on six days per tubular at an average of 30 tubulars per scope and 3 scopes per year.

Challenge

Decommissioning

Vision

Fix Today

Entry TRL

6

Field Trial

No

Technology

James Fisher First Subsea Single Phase Tubular Removal

Type

Develop

Target TRL

9

Potential Industry Value

The technology has a potential saving of approximately £4,000.00 GBP per day compared to the current market rates/traditional timings. Based on a full year of 'tubular cutting operations' the savings could be in the region of £2 - 2.5MM per year. This figure is based on 6-days per tubular and an average of 30 tubulars per scope and 3 projects per year.