BP plc to share lessons learned during and following the 2010 Deepwater Horizon accident
http://www.offshore-publication.com/index.php/technology/574-bp-to-shares-lessons-3473
Published on Thursday, 25 October 2012 11:52
Written by Paul Williams
The oil giant has agreed to share its global deepwater well-capping equipment technology with PEMEX E&P.
BP plc (NYSE:BP) has announced that it has come to an agreement to share the technical information it used to build its global deepwater well-capping equipment with Petroleos Mexicanos Exploration and Production (PEMEX E&P).
Richard Morrison, BP’s Head of Global Deepwater Response, said the agreement underscores BP’s commitment to sharing lessons learned during and following the 2010 Deepwater Horizon accident and response.
Under the Technology License Agreement, BP will make available technical information that PEMEX E&P, one of four subsidiaries of PEMEX, can use, in addition to PEMEX E&P initiatives already in place, if it decides to build and maintain its own well capping system for use in Mexican waters of the Gulf of Mexico.
In addition, BP has agreed to conduct workshops in Houston to brief PEMEX E&P on the technical information and operational aspects of the system, as well as to introduce PEMEX E&P specialists to key vendors and fabricators that BP used to develop its global deepwater well cap and tooling package.
BP’s global deepwater well cap is a 100-ton stack of valves that can be lowered onto a leaking well to halt the flow. The system can operate in 10,000 feet of water and is rated to pressures of 15,000 pounds per square inch. Stored in Houston, it can be sent by heavy-lift aircraft to any country where BP operates in a matter of days.
Under the Technology License Agreement, BP will share at no cost to PEMEX E&P technical information on BP’s capping stack, and PEMEX E&P has agreed to make any future advancements to this well-capping technology available at no cost to BP. BP will retain intellectual property rights, so it can continue to share the plans with others.