Floating production systems
The new technology, recently highlighted at OTC, has received a statement of maturity from ABS.
Equinor said it found between 14 million and 24 million BOE with its most recent exploration well in the Polynya Tubåen prospect.
The project partners and the Newfoundland and Labrador government reach agreement over life-of-field benefits, royalties, and an equity option, moving development toward sanction in 2027.
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A report from Rystad Energy shows a near-term boost in the global floating production market, with more than 30 new FPSO projects possibly reaching sanction from 2019 to 2021. -
The deal covers drawings, designs, and cast patterns for BEL’s anchor- and chain-handling equipment.
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With interest in FSRUs and FSUs picking up, the conversion of LNG carriers offers a fast route to operational availability.
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New local content regulations could speed up the pace of presalt oil production by more than 21 billion bbl by the mid-2020s. Karoon and Parnaíba Gás Natural are the first companies to apply to change their contract terms. Petrobras, Shell, BP, ExxonMobil, Petrogal, and Anadarko are also interested.
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Offshore operators must grapple with ways to keep aging floating facilities on station beyond their original design life.
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We don’t include a structure like the Eiffel Tower with separators, pumps, and compressors on the top observation platform in an onshore development plan. And yet, how many jacket platforms are there around the world?
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Shell and SBM Offshore won recognition for their Gulf of Mexico Stones field development. The OTC Distinguished Achievement Award will be presented during a luncheon on 1 May at the Offshore Technology Conference in Houston.
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The Turritella FPSO (Fig. 1 above) is the deepest floating production system in the world and presented many challenges to successful execution of the surface host facilities.
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The integrity management of flexible pipes used in subsea production plays a major role in maximizing the availability of the production systems while minimizing safety and environmental risks.
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ABS granted Approval in Principle to new designs for a floating production storage and offloading hull, a self-elevating unit for a mobile offshore drilling unit, and a tension-leg platform.
