Page 37: of Marine Technology Magazine (May 2016)

Statoil Launches Cap-X Subsea Concept

Statoil recently presented a new the size of today’s subsea templates subsea concept called Cap-X, de- and enables more operations from signed to reduce costs and increase vessel instead of rig.

ef? ciencies. The Cap-X subsea con- The technology increases the ef? - cept developed by Statoil was pre- ciency of horizontal drilling in shal- sented by Margareth Øvrum, execu- low reservoirs. The main structure tive vice president for technology, of the technology can be produced projects and drilling in Statoil. in shorter time by a larger number “Once again we aim to drive sub- of suppliers, with potential for local sea technology development on the production.

Norwegian continental shelf togeth- The development of Cap-X was er with our industry partners. The initiated in 2013 to increase com- potential for increased ef? ciency merciality of potential resources in and reduced costs can make this the the Barents Sea.

next standard within subsea tem- plates,” Øvrum said. “With Cap-X,

Statoil is one step closer to a ‘plug and play’ solution on the seabed.”

Margareth Øvrum,

Cap-X is a combination of existing EVP, Technology, Projects and new technology. It is one-fourth & Drilling, Statoil (Photo: Trond Isaksen - Statoil ASA) www.marinetechnologynews.com

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