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FPSO Presentation PDF
FPSO Presentation PDF
FPSO Presentation PDF
Water injection
A Riser Bases
B
2000m
C
D
2000m
Satellite Choke
2000m
Base Central Control
2000m Riser Base
Control
Line
2000m
What is an FPSO..?
• A converted tanker or purpose built vessel
– may be ship shaped, multi-hull production semi-submersible or a cylindrical shaped
production spar / Mono Hull
• Hydrocarbon processing facilities are installed on board
• Processes well stream fluids into Oil, LPG or LNG
• Units without processing facilities are referred to as an FSO or Floating
Storage & Offload Unit
Azimuth Thrusters
for DP vessels
Single Point Mooring
FPSO Advantages
• They eliminate the need for
costly long-distance pipelines
to an onshore terminal
• Particularly effective in
remote or deep water
locations where seabed
pipeline are not cost
effective • In bad weather situations
(cyclones, icebergs etc.)
FPSOs release
mooring/risers and steam to
safety.
• On field depletion FPSOs can
be relocated to a new field
Types of Processing Units
OIL
Process/Product Types
• OIL – oil, gas & water from the well
stream are separated. Gas & water
may be injected into well to
increase reservoir pressure or gas LPG
may be exported
• LPG – has onboard liquid
petroleum gas processing and
export facilities
• LNG – takes well stream and
separates out the natural gas
(primarily methane and ethane)
LNG
and produces LNG
FPSO Milestones
• First Oil FPSO built in Spain
in 1977 – Shell Castellon
• First Liquid Petroleum Gas
(LPG) FPSO build completed
2005 – “Sanha”, operates on
Sanha LPG FPSO – Angola
the Chevron/Texaco Sanha
Field in Angola
• First Liquid Natural Gas
(LNG) FPSO was conversion
of LNG Carrier Golar by
Keppel in Singapore in 2007
Golar FLNG
Growth in Demand
• Global demand is expected • Even in the mature region of
to double this decade the North Sea there remains
• 127 of the planned 200 an active FPSO market
projects in next 8 years will • Harsh weather and
use FPSOs proliferation of smaller,
• Brazil is the fastest growing marginal fields lends itself to
development area with 28 the use of FPSOs
FPSOs in service and 41 • There are currently 22
currently in the tendering or FPSOs in operation with a
planning phase further 28 planned projects,
• Since Jan 2010 there have up from only 15 projects
been 11 FPSO contracts one year ago
awarded in Brazil
FPS Facilities Installed
300
1999-2009 witnessed a
9% Compound annual
growth rate in use of 225
FPS facilities
150
75
25%
41%
31% 30%
18%
2% 14%
24% 3% 12%
20
10
0
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Africa Asia
Europe South America Data courtesy of Infield Data Analysts
Australasia North America
Deployment of FPSOs
Historic Market 2010-2014
?% future
redeployment
14% 10%
19%
29%
57%
71%
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