Subsea Oil Storage System
We enable emission reduction and flexible storage of oils and condensates
Our Subsea Oil Storage system can be used to replace floating storage and offloading units (FSO/FSU), other subsea storage solutions, or an export pipeline. The modular design can be customized to fit the project need, such as for marginal field development. This helps reduce or even eliminate conventional, polluting or potentially hazardous, storage solutions and is rapidly emerging as the most environmentally friendly method for oil storage.
We can provide a full system solution, including a process system and offloading. The subsea storage solution can be combined with a jack-up based field proven mobile offshore production unit (MOPU) platform.
Our engineering and testing activities have proven that it’s possible to operate a subsea storage unit with a flexible membrane that defines the horizontal interface between oil and seawater. This membrane eliminates the problems with emulsion-layer build-up and bacteria growth found between oil and seawater in the initial storage solutions.
Benefits
- Low CO2 emission: NOV storage solution will save 140,000 Tonnes of CO2 compared to a FSO over 10 years.
- Easy to design for decommissioning and redeployment: Standard and reusable design.
- Capital expenditure (CAPEX) savings and low operating expenditure (OPEX) compared to FSO’s.
NOV's Offshore Production Solutions leverage our recognized and long-standing proficiency, experience, and diverse process and production systems. Uniting economical design, superior technologies, and integrated systems, we enable our clients to optimize upstream operations and unlock full field potential.
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New Joint Industry Project goes subsea to provide a storage solution for all types of fluids
The latest developments of the game-changing subsea storage technology, enable a safer and low-emission future, in partnership with Equinor, Shell, The Research Council of Norway, The Net Zero Technology Centre, and the American Bureau of Shipping (ABS). The result is a system that debottlenecks topside capacity challenges and provides a green energy storage solution for the shipping industry.