Sub-sea pipelay installation - ironing out the kinks, an MWS perspective
In this IIL marine & energy lecture James Vavasour considered the changing trends of sub-sea pipelay installation, using recent case studies, he outlined the lessons learned, and what we as an industry need to better understand to mitigate any further exposure to all parties involved.
Sub-sea pipelay technology and its current applications which aren't exactly breaking new ground, but something's definitely changed. There's a marked decrease in construction, particularly deep and ultra-deep water. Instead, sub-sea tiebacks are the most attractive option for many majors. With oil prices hovering well below $80/barrel; it's a cost driven market. Installation practices from the 80's are back in fashion but not the people, particularly relating to shallow water operations. Installation contractors have idle vessels and as they are aggressive bid work, often lump-sum, the balance of day-rates and margins hinge against downtime. Meanwhile, the generic scopes of work are being stretched to meaningfully address warranty scopes which have been reduced to nearly a desk-top exercise.
By the end of this lecture members would have gained an insight into:
- Different types of sub-sea pipeline installation
- What are their risks and weaknesses?
- Why are some old installation practices reappearing?
- What may happen in the future?
Melanie Raven, Senior Underwriter, Ark Syndicate.
Registration & Security
IIL lectures are open to CII and PFS members
CII and PFS members must register online by 12pm one working day before the lecture
For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
All attendees (at any venue) must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport
- Email confirmations and photo ID must be produced to security staff at the lecture venue
- Attendance confirmations are non-transferable to any other person or lecture
- All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission
Please let us know what we can do to make our events fully accessible to you.
Please contact Patricia Pedraza (020 7397 3911) with any queries regarding the CPD events programme.
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.