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Home›Business & Finance›Fresh deal for ultra-deepwater oil development takes UK subsea firm to Gulf of Mexico
Business & Finance

February 9, 2024 · about 2 years ago

Fresh deal for ultra-deepwater oil development takes UK subsea firm to Gulf of Mexico

CRP Subsea has tucked a new contract under its belt for an ultra-deepwater oil field development project in the U.S. Gulf of Mexico.

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Illustration; Source: CRP Subsea

UK-headquartered CRP Subsea, part of AIS, has tucked a new contract under its belt for the provision of vortex induced vibration (VIV) suppression strakes and buoyancy modules destined for an ultra-deepwater oil field development project in the U.S. Gulf of Mexico.

While announcing the award of “a sizable contract from a major engineering, procurement, construction, and installation (EPCI) company,” CRP Subsea explained that it would be in charge of supplying over 5 kilometers of its Tri-Strakes Lite system to provide VIV suppression to three steel catenary risers (SCRs) and two flowline jumpers. Marine growth prevention is expected to be ensured with the application of anti-fouling to the Tri-Strakes system for use on specified sections of the risers.

Jaimin Parmar , Sales Engineer at CRP Subsea, commented: “We are thrilled to secure this contract, it is a testament to our commitment to innovation and excellence. The acknowledgment of both our Tri-Strakes Lite and integral buoyancy modules underlines our dedication to delivering comprehensive and innovative subsea solutions. This success not only validates our technical expertise but also reinforces our position as a trusted and reliable partner.”

Since each segment is created as a single, lightweight component to facilitate quick and straightforward pipe reel lay installation offshore, the Tri-Strikes system’s design is said to enable efficient stacking during shipping, reducing the space taken up on the vessel. This system comes with a temperature resistance of up to 70°C/158°F.

Furthermore, CRP Subsea’s integral buoyancy modules are also expected to be attached to the flowline jumpers, providing controlled buoyancy and reducing the bending moment on the structure. The risk of damage to the flowline jumper will be eliminated with the use of an integral compliant clamping technology that ensures a uniform clamping pressure.

While the exact value of the contract and the name of the project were not disclosed, the UK firm did reveal that the Tri-Strakes and integral buoyancy modules would be designed, manufactured, and coated at its production facility in the North West of England. The project engineering works are slated to start imminently, with completion and delivery expected in the second half of 2024.

The latest contract win comes almost a month after CRP Subsea landed another deal for the delivery of distributed buoyancy modules (DBMs) to an oil field project offshore Brazil, which followed multiple contracts for the provision of equipment for a deepwater project in Africa.

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