Floating production systems
Supermajor BP awards contract to same specialists who commissioned its Argos platform.
As a champion of floating natural gas liquefaction technology, Eni is positioning itself to play a major role in Africa with a fast-growing gas-liquefaction capacity targeted to reach 14 million tonnes per year by 2028.
The Japanese company ratcheted up the competitive nature of contracting for a floating production, storage, and offloading vessel and an onshore liquefied natural gas plant for the Abadi project by announcing dual front-end engineering design (FEED) contracts.
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The FPSO will be capable of processing 90,000 B/D of crude, 75 million ft3/D, 120,000 B/D of water injection, and a storage capacity of 900,000 bbl of crude oil. First oil is planned for 2021. -
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).
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Offshore workers kidnapped from an FPSO offshore Nigeria in an armed pirate attack in July have been released, the owner of the floating production unit said.
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The traditional subsea tieback model is evolving, supported by advances in flow assurance that allow tiebacks over much longer distances and by the introduction of new technologies that increase overall cost effectiveness.
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Vår Energi is looking to extract another 136 million BOE from the Balder Field. Production is anticipated in 2H 2022.
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In its push to boost deepwater production, Petrobras is aiming to launch a leasing tender to build an FPSO described as Brazil’s largest-ever oil platform. Decommissioning work begins in the Campos and the Sergipe-Alagoas Basins.
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The Búzios-5 production system is planned to include the interconnection of 15 wells to a floating production, storage, and offloading vessel in two phases.
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Awards are expected to recover to seven vessels next year. Over the past 10 years, only 2016 saw a lower level of activity when not a single FPSO contract was awarded.
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Work has resumed on Energan’s Singapore FPSO; subsea installation for the Karish project continues as planned.
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The FPSO vessel will reduce capital expenditure and breakeven costs and increase commercially feasibility, leading to FID.
