Floating production systems
Operator targets first oil 30 months after field sanction of $1.5 billion heavy-oil project that will use a refurbished wellhead platform and FPSO.
FLNG vessels will handle gas from the Vaca Muerta formation when they go online in 2027 and 2028 offshore Argentina.
Hammerhead, the seventh planned project offshore Guyana, is expected to reach FID later this year and go on-stream in 2029.
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Good early production caused an FPSO to reach the design topside limit with only five wells connected. A study was undertaken to determine how bottlenecks could be reduced to allow greater production without compromising process safety. -
Deepwater field developments are regarded as standard technology in several areas of the world, but in harsher environments, extreme design loads and increased fatigue loading become more challenging.
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This paper compares the main features of the Schiehallion and Quad 204 TMSs, reporting the performance of key components over 15 years of operation.
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The large number of floating production, storage, and offloading units (FPSOs) commissioned more than a decade ago now require offshore-asset-integrity management and maintenance.
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The development of compact topside processing plants for floating, production, storage and offloading (FPSO) vessels is a growing industry trend that can reduce operating and capital expenditures over the life of the vessel, a researcher and scientist said recently.
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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.
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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.
