Floating production systems
Project in US Gulf will add about 15,000 BOEPD to the deepwater Atlantis project at peak production.
Project financing raised by JP Morgan will enable YPF and its partners Eni and ADNOC’s XRG to launch Phase 2 of Argentina LNG, boosting production to 18 mtpa by 2030-2031.
First oil is expected from phase one of the project in 2028, with up to four more phases planned.
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Construction costs, contractor involvement, flow assurance, and the integration of new technologies created to improve production are some of the deepwater challenges exacerbated by the current low price environment. -
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.
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A routine maintenance project became more complicated when an ROV inspection exposed unexpected trenching that reduced the holding capacity of the system.
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Though the projects that have already been sanctioned will ensure that spending in the FPS sector will remain high over the forecast period, the growth in FPS market is significantly less than expected due to the collapse in oil prices, and installations in 2018 will decline.
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A deepwater field located offshore Sabah, east Malaysia, features a spar dry-tree unit (DTU) and multiple subsea-hub tiebacks to a floating production, storage, and offloading vessel (FPSO).
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After 10 years, the world’s first cell spar, Anadarko’s Red Hawk, was decommissioned. It remained the only cell spar fabricated and again made history as the deepest floating production unit ever decommissioned in the GOM.
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For Anadarko, the secret of the “design one, build many” approach to offshore production facilities is to control its enthusiasm for change. The company’s experience with eight operated spars shows the benefits gained with this approach.
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Semisubmersible floating production systems (SFPSs) with steel catenary risers (SCRs) are attractive field-development solutions, especially in deeper water of Western Australia. However, SCR design is challenging in the offshore Western Australia environment because of severe cyclonic environments.
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A new type of organically modified silica glass that can remove a wide variety of oils and contaminants from produced and flowback water is showing promising results as it undergoes field trials.
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Although the commissioning of a floating production system (FPS) generally takes place between the “mechanical completion” and “first oil” stages, commissioning activities begin long before then.
