deep water drilling activity is increasing the demand
deep water drilling activity is increasing the demandin aktuelle Bauvorhaben 26.11.2019 08:59
von aokabct • 243 Beiträge
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Subsea Switchgear Market to Witness Comprehensive Growth by 2023
by omkartmr · December 31, 2018
Increasing investment in offshore reserves by exploration and production companies to meet energy demand has resulted in increasing offshore production activities. There are various methods to produce oil and gas from offshore reserves including FPSO (floating production storage and offloading) vessels and subsea production. The subsea switchgear market is driven by the growth of the subsea installations market. Subsea production units are expected to be more favorable due to its various advantages over other offshore production systems.
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Subsea systems are capable of operating in harsh environmental conditions such as the Arctic. These systems will eliminate the need of an offshore production facility and will also provide cost benefits when compared with a huge production platform which results in huge operating cost. This also eliminates the need of long power lines ultimately results in less expenditure. The first ever subsea power distribution system to go into operation was the Ormen Lange pilot in Egersund Norway.
Subsea units will use high voltage distribution equipment to operate the subsea systems. The earlier subsea facility was powered from the surface making it reliable but very costly. In order to reduce the operational cost, companies started to place the electricity distribution system on the seabed. This resulted in cost reduction but the reliability was not hampered. Thus the electrical equipment are now located near the electricity generation facility which is a common practice in onshore facilities. Improved and reliable technology is required to overcome the subsea installation constraints such as high pressure and presence of salt water. System aspects plays an important role in selecting the individual devices in order to be sure that the devices are fit for all operating conditions. The switchgear is an important component for subsea power grid.
The subsea switchgear market can be segmented on the basis of voltage into extreme high voltage (EHV) Wholesale Josh Norman Jersey , ultra high voltage (UHV), high voltage (HV), medium voltage (MV) and low voltage (LV). Subsea high and low voltage switchgear is a key enabling component for subsea processing units. The majority of connections between different equipments are made by using the low voltage switchgear cubicles. In order to reduce the length of HV busbar and its support system Wholesale Trent Williams Jersey , the HV equipment are placed together. The transformers are installed between HV circuit breakers and LV cubicles making it a symmetrical installation.
Rising oil prices are boosting the confidence of oil companies to invest such amount in deepwater drilling and production facilities. This investment is expected to increase in the near future with the increasing energy demand and depleting onshore oil reserves. Increasing deep and ultra deep water drilling activity is increasing the demand of subsea production facilities which ultimately drive. Cheap Jerseys China Cheap Jerseys Cheap Jerseys China Wholesale Authentic Jerseys Wholesale Authentic Jerseys Wholesale NFL Jerseys Wholesale Authentic NBA Jerseys Wholesale MLB Baseball Jerseys Wholesale Authentic College Jerseys Wholesale Authentic Soccer Jerseys