Typhoon Valve - Feasibility Study

PREPROJECT DESCRIPTION The preproject is planned as four more or less parallel activities. There is no obvious milestones before the project termination, except the application to PETROMAKS before 15.03.2006. We intend to have regular contact with the par ticipants to keep them updated on the progress, but also to receive technical input. Final report will be issued within 01.05.2006. Technical feasibility study. Study the feasibility of using this technology within offshore petroleum production and proc essing. The study shall particularly address physical parameters as weight and size(deck-space) for typical flow rates, possible effects of corrosion and erosion and the consequences for choice of materials. Furthermore the study shall identify targeted a pplication areas with respect to fluid composition, pressure and temperature. Estimate the production cost of a Typhoon Valve and compare this to the market prices of traditional control valves. Identification of valve manufacturer(s). The objective is t o identify minimum one valve manufacturer who will participate in the further development of the Typhoon Valve concept with a contribution in terms of know-how and expertise (and eventually financing). The activity will involve search for and screening of valve manufacturers, presentation of the technology and negotiations of terms and conditions for the participation in the project and any possible options or licensing arrangements. Design of inlet control function. An important part of the valve is the inlet regulation mechanism. This study involves a state of the art review of hydrocyclone inlet solutions and of technical solutions for conventional control valves. Establish a consortium for a Petromaks BIP. Total budget 680 KNOK. Industry financing 510 KNOK (Shell, Statoil, ConocoPhillips)