Floating production systems
FPSO to be connected to high-pressure subsea separation technology pilot project.
Petrobras said the unit serving the pre-salt field is designed to reduce up to 24% of emissions.
Contactor will provide EPCI work related to the subsea portion of the 20K Gulf of Mexico development.
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Conversion of very large crude carriers to FPSO's can speed time to first oil under the right conditions, there are many considerations in the planning and execution of these conversions. -
Offshore engineering companies are taking existing technologies and lessons learned from floating rigs to create a new platform design that will allow drilling in deeper waters.
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The new Olympus tension leg platform (TLP) is the largest in the US Gulf of Mexico, with more than twice the displacement of the neighboring Mars TLP. It marks a leap forward in safety, improved operation time, and increased production capacity.
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Expenditures for floating production systems are expected to more than double in the next five years. This growth is driven by multiple factors.
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Investments in floating production systems are expected to increase sharply over the next five years, driven by a surge in installations.
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