floating production systems

The operator's latest deepwater platform is unlike any the company has built before—diminutive by design.

The complete paper provides insight on the commercial drivers that significantly changed floating-production-system (FPS) design philosophy after 2014, with a particular focus on the US Gulf of Mexico (GOM).

Anchored by the Khaleesi-Mormont and Samurai fields, the King’s Quay FPS will receive and process up to 80,000 B/D of crude oil.

Worley gets the nod for commissioning and hook-up then hand-off to BP.

Innovations characterize the deepwater Moho Nord field development, recently brought on stream by Total in the Republic of Congo, and the project creates significant value for the country.

As many platforms begin to produce beyond their design life, maintenance of mooring systems becomes more critical. With redundancies in place, operators may be unaware of initial failures, which can have major consequences if another failure occurs.

The SPE Gulf Coast Section’s Project, Facilities, and Construction study group is hosting a series of lectures, “What Have We Learned About Host Selection in Deepwater GOM After 20 Years of Being Off the Shelf?

Expenditures for floating production systems are expected to more than double in the next five years. This growth is driven by multiple factors.

Investments in floating production systems are expected to increase sharply over the next five years, driven by a surge in installations.