Offshore operators and contractors continue to accept and meet new deepwater challenges. As shown in the following articles, the apparent limits of deepwater technologies are extended every year, and new records and "firsts" are achieved to meet projects' increasingly ambitious requirements. Subjects covered this year include the first operational use of a new major equipment type, one of the first secondary-recovery projects in a deepwater environment, and two very different major deepwater projects. The projects and technologies described in the articles entail significant risks, and some of the articles discuss the risk management strategies used. The technical and commercial success of these projects depends on accurate risk assessment, risk mitigation strategies, and the continued progressive development of cutting-edge technologies. The use of new technologies, however, does not always result in increased risks. In some cases, technologies are devised to mitigate an identified risk, as indicated in the articles' discussions of "improved reliability," "enhancements in functionality," "optimization," "standard interfaces and interchangeability," "increased data quality," "improved durability," "improved facility uptime," and other key themes. Management of project risks is one of the most important tasks in project management. Rather than a one-off activity that is addressed only with a workshop facilitated by an outside expert and filed away, risk management should be an ongoing process that starts with project initiation and continues through the end of facility operation. Deepwater Exploration and Production additional reading available at the OTC Library: www.otcnet.org OTC 18768 "Polyester Mooring Lines on Platforms and MODUs in Deep Water," by John F. Flory, Tension Technology, et al. OTC 18493 "Extreme Wave Effects on Deepwater Floating Structures," by Bas Buchner, Maritime Research Institute Netherlands, et al. OTC 18797 "Combined Tow Method for Deepwater Pipeline and Riser Installation," by Alf Roger Hellestø, Subsea 7, et al. OTC 18844 "Special Session: AUVs: Groundtruthing High-Resolution AUV Side-Scan-Sonar Contacts for Unexploded Ordnance in a Deepwater GeoHazard Assessment," by Lynn B. Samuel, C&C Technologies, et al.
Read full abstract