Fpso forum presentation sept 2011
โข
2 likesโข3,207 views
The document summarizes information about FPSOs (floating production, storage and offloading units) including historical and forecasted growth by region, type, and ownership structure. Charts show trends in FPSO usage from 1975 to 2015, with the largest growth being in Asia and the Middle East. Most FPSOs are conversions from existing vessels rather than newbuilds. The largest FPSO owners each operate multiple units, with MODEC, SBM Offshore, and BW Offshore having the most units. In upcoming years, several FPSOs may be available for redeployment after existing contracts expire. The San Jacinto and Seillean FPSOs are highlighted as examples with key technical specifications provided.
Recommended
Recommended
More Related Content
Viewers also liked
Viewers also liked (11)
Similar to Fpso forum presentation sept 2011
Similar to Fpso forum presentation sept 2011 (20)
More from Endeavor Management
More from Endeavor Management (20)
Recently uploaded
Recently uploaded (20)
Fpso forum presentation sept 2011
- 1. FPSO Milestones โ To Boldly Go Where No Man Has Gone Before Emerging FPSO FORUM September 22, 2011 Presentation by: Bruce Crager envision โข engage โข energize โข enable CONTACT: Endeavor Management 2700 Post Oak Blvd., Suite 1400 Houston, TX 77056 713 877-8130 (office)
- 2. FPSO by Region 35 Western Europe North America 30 Middle East Latin America 25 Eastern Europe & FSU Australasia 20 Asia Africa 15 10 5 0 1975 1979 1983 1987 1991 1995 1999 2003 2007 2011 2015 Source: Douglas-Westwood Page 2 ยฉ2011 Endeavor Management. All Rights Reserved.
- 3. FPS By Type 45 TLP 100% Spar 40 FPSS 90% FPSO 80% 35 Linear (FPSO (% of total)) 70% 30 60% 25 50% 20 40% 15 30% 10 20% 5 10% 0 0% 1975 1979 1983 1987 1991 1995 1999 2003 2007 2011 2015 Source: Douglas-Westwood Page 3 ยฉ2011 Endeavor Management. All Rights Reserved.
- 4. FPSO Construction Type Newbuilds 38% Conversions 62% Page 4 ยฉ2011 Endeavor Management. All Rights Reserved.
- 5. FPSO Ownership Operator Owned Contractor 43% Owned 57% Page 5 ยฉ2011 Endeavor Management. All Rights Reserved.
- 6. Leased FPSO Market Share by Owner Owners with >1 Unit 3% 3% 3% 3% 18% MODEC 3% SBM 4% BW Offshore Prosafe Production 5% Bluew ater Offshore Sevan Marine Teekay 5% Fred Olsen Production 18% Aker Floating Production 5% Bum i Arm ada Maersk MISC Sea Production 9% Tanker Pacific 11% 10% Includes JV Shares Source: Quest Page 6 ยฉ2011 Endeavor Management. All Rights Working Q4 2010.xls Source file: FPS Lease Expirations_ Reserved.
- 7. Forecasted Off Contract FPS Leased Fleet Availability by Type and Year Current-2014 (Likely to be retired and EWT excluded) 10 9 8 7 Number of Units 6 5 4 3 2 1 0 Current 2011 2012 2013 2014 Available Year Source: Quest FPSO Page 7 ยฉ2011 Endeavor Management. All Rights Working Q4 2010.xls Source file: FPS Lease Expirations_ Reserved.
- 8. San Jacinto Page 8 ยฉ2011 Endeavor Management. All Rights Reserved.
- 9. San Jacinto Technical Data Operator, Field, Location Conoco - Kepiting, Ikan Pari, Sembilang - Indonesia Date Built / Converted 1986 Built / 1994 Upgraded ? Owner Coldstacked Operating 91 meters, Water Depth Sembilang Number of 3 Locations Max Liquid 11,000 bpd Handling Oil Storage 53,000 bbls Capacity Mooring System 8 Point Spread Type Page 9 ยฉ2011 Endeavor Management. All Rights Reserved.
- 10. Seillean (BP SWOPS) Page 10 ยฉ2011 Endeavor Management. All Rights Reserved.
- 11. Seillean Technical Data Operator, Field, Location BP, North Sea Petrobras, Deepwater EWT, Brazil Date Built / Converted 1990 FPSV / 1998 FPSO Owner Noble Drilling Operating 2,000 meters Max Water Depth Number of Multiple Locations Max Liquid 20,000 bpd Handling Oil Storage 300,000 barrels Capacity Mooring System Dynamic Type Positioning Page 11 ยฉ2011 Endeavor Management. All Rights Reserved.
- 12. Ocean Producer Page 12 ยฉ2011 Endeavor Management. All Rights Reserved.
- 13. Ocean Producer Technical Data Operator, Field, Location Amoco, Gabon Sonangol - Kiabo, Canuku - Angola Date Built / Converted 1969 / 1991 Oceaneering Owner Scrapped 2010 Operating 15m โ 53m Water Depth Number of 3 Locations Max Liquid 25,000 bpd Handling Oil Storage 510,000 bbls Capacity Disconnectable Mooring System 6 Point Spread / Type 8 Point Spread Page 13 ยฉ2011 Endeavor Management. All Rights Reserved.
- 14. BW Athena Page 14 ยฉ2011 Endeavor Management. All Rights Reserved.
- 15. BW Athena Technical Data Operator, Field, Location Ithica Energy, Athena, UK, BW Offshore Date Built / Converted 1994 BWT / 1999 FPSO Owner BW Offshore Operating 20 meter min. Water Depth Number of Multiple Locations Max Liquid 40,000 BPD Handling Oil Storage 50,000 Barrels Capacity Mooring System Dynamic Type Positioning Page 15 ยฉ2011 Endeavor Management. All Rights Reserved.
- 16. Zafiro Producerโ Phase 1 Page 16 ยฉ2011 Endeavor Management. All Rights Reserved.
- 17. Zafiro Producer Technical Data Operator, Field, Location ExxonMobil, Zafiro Block B, Equatorial Guinea Date Built / Converted 1973 / 1996 Owner ExxonMobil Operating 180 meters Water Depth Number of 1 Locations Max Liquid 80,000 BOPD Handling Oil Storage 1.9 Million Barrels Capacity Mooring System 12 Point Spread Type Page 17 ยฉ2011 Endeavor Management. All Rights Reserved.
- 18. Zafiro Producer Page 18 ยฉ2011 Endeavor Management. All Rights Reserved.
- 19. Zafiro Producer โ Phase 2 A, B and C Page 19 ยฉ2011 Endeavor Management. All Rights Reserved.
- 20. Zafiro Producer Page 20 ยฉ2011 Endeavor Management. All Rights Reserved.
- 21. Zafiro Producer Technical Data Operator, Field, Location ExxonMobil, Zafiro Block B, Equatorial Guinea Date Built / Converted 1973 / 1996, Upgraded 1997 -1998 in field to FPU Upgrades Waterflood 120,000 BWPD 2@ 60,000 Slug Catchers BWPD each Power 12 MW Compression 15,000 HP 58 Person Accommodations Additional Replaced in field Hull Steel Owner: ExxonMobil 200 Tons Increased Life From 5 โ 15 yrs. Page 21 ยฉ2011 Endeavor Management. All Rights Reserved.
- 22. ORCA Page 22 ยฉ2011 Endeavor Management. All Rights Reserved.
- 23. ORCA Page 23 ยฉ2011 Endeavor Management. All Rights Reserved.
- 24. ORCA Technical Data Operator, Field, Location PetroSA, Oribi, South Africa Date Built / Converted 1970 Halifax Canada / 1997 Conversion Owner PetroSA Operating 120 meters Water Depth Number of 1 Locations Max Liquid 30,000 BOPD Handling Oil Storage 34,000 Barrels Capacity Mooring System 9 Point Spread Type Page 24 ยฉ2011 Endeavor Management. All Rights Reserved.
- 25. Sevan Piranema Page 25 ยฉ2011 Endeavor Management. All Rights Reserved.
- 26. Sevan Piranema Technical Data Operator, Field, Location Petrobras, Piranema, Brazil Date Built / Converted 2007 Owner Sevan Marine Operating 1,090 meters Water Depth (1,600 - Phase 2) Number of 1 Locations Max Liquid 30 MBOPD Handling Oil Storage 250 MBBLs Capacity Mooring System 9 Point Spread Type Page 26 ยฉ2011 Endeavor Management. All Rights Reserved.
- 27. Dynamic Producer Page 27 ยฉ2011 Endeavor Management. All Rights Reserved.
- 28. Dynamic Producer Technical Data Operator, Field, Location Petrobras, Carioca, Brazil Date Built / Converted 1987/2009 Owner Petroserv Operating 200-2,500 meters Water Depth Number of Multiple Locations Liquid Handling 30,000 bpd Capacity Oil Storage 300,000 barrels Capacity Mooring System Dynamic Type Positioning Page 28 ยฉ2011 Endeavor Management. All Rights Reserved.
- 29. Azurite - FDPSO Page 29 ยฉ2011 Endeavor Management. All Rights Reserved.
- 30. Azurite Graphic - FDPSO Page 30 ยฉ2011 Endeavor Management. All Rights Reserved.
- 31. Azurite Technical Data Operator, Field, Location Murphy, Azurite, Republic of the Congo Date Built / Converted 1998 / 2009 Owner BW Offshore Operating 1,400 meters Water Depth Number of 1 Locations Max Liquid 60,000 BOPD Handling Oil Storage 1.3 MBBLs Capacity Mooring System Spread Type Page 31 ยฉ2011 Endeavor Management. All Rights Reserved.
- 32. BW Pioneer Page 32 ยฉ2011 Endeavor Management. All Rights Reserved.
- 33. BW Pioneer Page 33 ยฉ2011 Endeavor Management. All Rights Reserved.
- 34. BW Pioneer Technical Data Operator, Field, Location Petrobras Cascade Chinook, US GOM Date Built / Converted 1992 / 2010 Converted Owner BW Offshore Operating 2,600 meters Water Depth Number of 1 Locations Max Liquid 80 MBOPD Handling Oil Storage 600 MBBLs Capacity Mooring System 10 Leg Spread Type Page 34 ยฉ2011 Endeavor Management. All Rights Reserved.
- 35. Conclusions โข FPSOโs come in many shapes and sizes โข FPSOโs can support marginal projects as well as large projects โข Benefits of FPSOโs: โ FPSOโs are not a patented solution and can be used by anyone โ Redeployment of FPSOโs is very common and cost effective โ There is a robust market supply of leased FPSOโs โ FPSOโs can be fully commissioned before leaving the shipyard Page 35 ยฉ2011 Endeavor Management. All Rights Reserved.