Below the waves
We have developed a new solution to enhance project and cost efficiency for the subsea sector, combining the benefits of standardised designs and supply chain independence.
Wood’s engineering, procurement and fabrication (EPF) service uses standardised designs, streamlined procurement and pre-qualified vendors, integrating a number of service offerings to simplify delivery, reduce cost, accelerate schedule and remove interfaces.
The service is built on extensive experience in all areas of EPF, where we have delivered significant efficiencies. For instance, we recently saved a major operator more than 50% of the cost for quayside delivery of a riser umbilical and associated hardware.
Where previously Wood might have provided a design package for a subsea manifold, with some tendering, procurement and fabrication support and supervision, we now offer a complete turnkey solution from design to delivery at the quayside.
Based on standardised designs that cross reference industry standards for all key subsea equipment and construction aspects, EPF provides a simplified baseline that can be scaled to suit each project. Central to the EPF approach is solution independence. Wood is not commercially tied to any equipment suppliers and therefore able to consider all possibilities to find the best options and vendors for the project.
“We have always focused on simplifying complex technical problems,” John Butler, business acquisition manager, says. “When it comes to subsea hardware design and engineering, we have successfully delivered all the elements of what we now term ‘EPF’ for a number of years across many geographical locations. This offering combines our expertise in engineering, procurement and fabrication to give a full, seamlessly integrated service.”