Analysts Simon Thomson Okay. I’m Simon Thomson, Chief Executive. So as in the usual way, we’ve got a presentation to run through with you this morning, and we’d be very happy to take questions at the end. It’s being webcast, so there will be microphones available for any questions that you have. And just a point of housekeeping before going through the presentation, there is no scheduled fire alarm. So if an alarm should sound, I’m sure you’ve been here before, but the exits are that door there, and more easily, that door there, and the muster point is out in the square. So turning to first slide. Cairn strategy for value creation remains consistent and straightforward. We seek to create, add, and at the right time, the time of our choosing, realize value for shareholders all against the backdrop of financial flexibility and disciplined capital allocation. And in support of that strategy, really, there are three core pillars.
Cairn Energy’s (CRNCY) CEO Simon Thomson on Q2 2017 Results – Earnings Call Transcript
The vessel has left Keppel Shipyard in Singapore and is currently in transit to the Catcher field in the central North Sea. BW Catcher is expected to reach UK waters early in the fourth quarter, depending on prevailing weather conditions. Upon its arrival, BW Catcher will commence a seven-year fixed term contract, with extension options of up to 18 years, with Premier Oil. Based on a field life of 10 years, the contract value is USD 2.
construction manager – hook up superintendent, oil&gas, valve, rotating equipment, fpso, E.S.T. Engineering Ship Technology Pte Ltd Istituto Tecnico Industriale StataleIndustry: Petróleo e energia.
It is a robust concept with potential for broader applications as the number of pioneer deepwater discoveries shrinks and as the industry seeks new ways to monetize isolated fields. The economic benefits of incorporating a drilling rig onboard an FPSO brings new hope for deepwater developments in similar environments.
Drilling and production can begin to generate revenues while also generating valuable reservoir performance data. Water depths across MPS range from 1, — 2, m 3, — 6, ft. Murphy West Africa Ltd. Each of the latter was sidetracked ST to appraise the four fault blocks of the field. Aquifer strength was found to be essentially non-existent along the producing trend, necessitating water injection to support reservoir pressure.
Concepts considered In March , Doris Inc. The four main alternatives evaluated were: Subsea tiebacks to third party facilities 2.
EnerMech Delivers £5m Turret Project For BP Glen Lyon FPSO
The vessel has set out toward the west of Shetland, where it will function as the hub for the million barrel Quad development in the North Sea. The meters long and 52 meters wide FPSO vessel is a crucial component of the multi-billion pound Quad project. The Schiehallion and Loyal fields are being re-developed under Quad project and are expected to be productive till and beyond.
The project entails linking and commissioning the new FPSO vessel, drilling many new production and injection wells as well as upgrading the subsea seabed pipeline, manifold and wellhead infrastructure that will facilitate full development of the reserves. Schiehallion and Loyal fields were brought online in and they have produced about million barrels of oil since. The fields are estimated to hold another million barrels of resource, which the company hopes to extract through the Quad development.
Reference List: Charterer: Work: Period. Teekay: Mooring works on Banff: – Statoil: RM “Songa Dee” – Ithaca: ROV & Hook up of.
Under the contract, Technip will provide engineering and modification services for each vessel in Blocks 18 and 31 respectively. Additionally, Technip will provide procurement and project management for onshore and offshore construction activities. Technip’s operating center in Luanda will execute the contract which is scheduled for completion near the end of First oil started with three production wells in the Plutao field and should ramp up to roughly 70, barrels per day.
Production should hit , barrels per day once wells from the Saturno, Venus and Marte fields are brought online. Production from the fields flows through an FPSO with a storage capacity of 1. A total of 40 production, gas and water injection wells will be connected to the vessel through 15 subsea manifolds. Production should hit , barrels per day once wells from the Saturno, Venus and Marte fields are brought on-line. Comprising the northeast sector of the license about kilometers miles from Luanda, PSVM is the first of four planned development projects on Block Production is expected to begin in with a peak production of , bopd being reached on PSVM by BP serves as operator of Block 31 with a
Oil & Gas Offshore Construction Specialists
The two converted FPSO units, owned by Total, will each have an oil treating capacity of , barrels per day, a water injection capacity of , barrels per day, a million scfd gas compression capacity and a storage capacity of 1. The scope of work of the contract includes engineering, procurement, conversion of the tankers, fabrication and integration of the topsides of the FPSO units and the installation of the mooring systems, as well as the hook-up, commissioning and operations start-up.
Saipem will provide seven years of operation and maintenance services for the FPSO units. Part of the activities related to engineering, procurement, topsides modules fabrication and integration as well as commissioning onshore and offshore works will be carried out in Angola.
Experienced on the following Oil & Gas and LNG projects both Offshore – Hook Ups, Tie –Ins, Topsides, Jackets, Submarine pipelines, Offshore platforms and ONSHORE GTL Projects, Refinery / petrochemical plants, FPSO conversion, Cross Country Pipe Lines.
The scope of the model test and the virtual simulation covers various installation stages including a series of positioning trials, positioning keeping and temporary mooring to the pre-installed SYMS mooring tower, pendulum mating, and yoke ballasting to storm-safe. The model test is to accurately verify bollard pull capacity to keep the FPSO in position and assess motion responses and mooring loads for the FPSO and installation vessels during various installation stages.
The virtual simulation is to provide a virtual-reality environment, thus realistically replicating the hookup operation at the Simulation Test Center STC facility and identifying any deficiencies in key installation personnel, execution plan, or operation procedures. The methodologies of the model test and the virtual simulation addressed here can be easily extended to the deepwater applications such as positioning and installation operations of various floating systems.
HAO Jun was born in He had worked as a technical supervisor and installation manager in many offshore projects. He has particular experience in offshore installation and project management.
Offshore Adriatic Sea FPSO Project – Update
Facebook Maersk Peregrino is operating in the oil field Peregrino, 85 km off the shore of Brazil. Pumping oil from offshore wells requires a very safe operation as the costs of failure is immense – both economically and environmentally. The hook-up between the turret and the FPSO is a critical and costly operation, and it is therefore important for the owner and operator to get it right the first time. The simulations should form the basis for deciding the tug size needed during the hook-up between the FPSO and the STP buoy at the Peregrino oil field.
The simulation studies were performed with the help of in-house developed mathematical and visual simulator models of the FPSO. Establishing the mathematical model By combining the aerodynamic data from the wind tunnel tests with the hydrodynamic forces acting on the ship, a simulator model of Maersk Peregrino was generated using our in-house developed manoeuvring prediction and ship generation tool ShipYard which is a part of SimFlex simulator setup.
Prelude FLNG is the world’s largest floating liquefied natural gas platform as well as the largest offshore facility ever constructed. The Prelude was built by the Technip / Samsung Consortium (TSC) in South Korea for a joint venture between Royal Dutch Shell, KOGAS, and Inpex. It is metres (1, ft) long, 74 metres ( ft) wide, and made with more than , tonnes of steel.
The main thrust of my career development is to excel in the field of instrument engineering, with an emphasis in integrating resources into a cohesive environment that allow the company to reach quickly to changing technology. Aug to Sep Organization: SupertechInstrumentation private limited, Thane, Mumbai Position held: Erection of paper mill Duration: Sep to Jan Organization: Jan to Apr Organization: Annual Maintenance Contract Duration: Apr to July Organization: July to Jan Organization: Instrument engineer in Bezel Arabia Company Ltd.
Operation and maintenance process for lubricating oil refinery Duration: Jan to Aug Organization: October to Feb Organization:
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Orientate LCR along the most favourable heading to wind and waves. All parties agreed to proceed with consideration to actual weather condition. Refer to Section 1. The transponder bucket offset position will have been measured prior to the PGF mobilization.
Aker Solutions is making the deliveries as a subcontractor of Kvaerner, which today announced a contract with Statoil for delivery of the topside modules for the Johan Castberg FPSO, as well as hook-up and integration of the topside modules with the hull.
Our thoughts are first and foremost with the families and colleagues of the victims who lost their lives or suffered injuries. Total has dispatched its experts to join the ongoing investigation to identify the fundamental causes of the accident and implement the necessary preventive measures to avoid any reoccurrence of such accidents. Following the accident, works related to the Martin Linge project were suspended until June 1st.
As a result, the shipping of the Martin Linge modules from the South Korean yard to Norway will be delayed. The installation of the modules and lifting operations, which can only be carried out during summertime given weather conditions in the Norwegian North Sea, had initially been planned for summer but have now been postponed to summer Therefore, given the hook-up and commissioning operations, production start-up has been delayed to first half Works on the Egina FPSO resumed following a two-week suspension and the impact on the project, which is expected to start up in second half , will be limited.
Finally, the CPF Central Processing Facilities for the Ichthys project, operated by Inpex, had already departed the Geoje yard several days before the accident and is now installed on the field in offshore Australia.
From the Field
The scope of work included mooring buoy installation and hook up, flowline and umbilical installation. And the great challenge for OI was to perform this Aje Ph1 project in a relatively short period. This vessel rotates around a 8. Global Maritime in Aberdeen was contracted by OI to carry out analysis and prepare load-out procedures for the buoy and spiral strand wires, and weather limits analysis for operations.
Vryhof Anchors was contracted to prepare suitable installation and hook-up procedures for the project and be present offshore during installation. Vryhof Anchors also designed the subsea connection frames used for the underwater connection of the chains on four of the legs.
Bonga FPSO Hull for Shell Samsung Heavy Industries Shipyard (Koje Island, South Korea). Implemented the Shell tagging specification to commission a 30, tag project.
Given the large and complex project scope, the alignment of new and existing facilities encompasses FPSO, offshore platforms, and associated subsea tie-ins, pipelines, risers, manifolds and subsea facilities, all of which present facility integration challenges. Fluor’s experience resume and ongoing offshore presence provides Clients confidence to successfully execute their challenging brownfield projects. As a leader in the EPC industry, Fluor offers the full life cycle of services from engineering, procurement, fabrication, self-perform construction and construction management, operations and maintenance and project management.
Fluor’s proven experience in offshore brownfield integration helps drive cost and schedule certainty. Clients benefit from Fluor’s discipline and early engineering planning that address potential brownfield integration issues. Key planning steps include: Fluor’s global resume of offshore work provides Clients confidence. Based on the challenging location and desired project performance criteria, Fluor uses a consultative approach to FEED and constructability to optimize Clients’ brownfield integration success.
Proven experience in offshore brownfield integration helps drive cost and schedule certainty.
Norway: Marathon group hook-up Alvheim field FPSO
Generated lift planning and procedure for 80Te crane base and 80Te winch lifts Provided on-site supervision during lifting operations Designed and procured lift rigging Facilitated risk assessments and on-site toolbox talks Client: Managed fabrication of off 75Te mudmats and misc. Conducted installation engineering, lift analysis, seafastening design and developed installation procedures.
FPSO Hook Up. Risers & Umbilicals Pull In Operations. Risers & Umbilicals pre-commissioning. Sea Water Lift Hose Assembly from FPSO. Rudder Protection Installation. Offloading Hose Assembly Offshore and connection to FPSO. Air Diver Smit Subsea (Boskalis) August – .
It stated, “There was no sum of money allocated for development of the yard in the EPC contract price. As the NC modules and integration of the Egina FPSO were to be executed in the yard, the completion of the yard was essential to the success of the project. There were no existing facilities. Hence, the option of corporate finances. Consequently no fraud or misrepresentation by SHIN.
This matter has been clarified by Total in writing and resolved before the Senate. In any event the matter is before the Court and would be resolved by the Courts in due course. Managing Director of Total did indeed make the referenced statement in the said letter of 14 February, The only issue is ownership of the facility, which LADOL is attempting to seize through abuse of its position as the free zone manager.
Employment capacity of the facility is not tied to ‘ownership’ but availability of the facility.
Eni: Armada Olombendo FPSO vessel ready to sail to Block 15/06, offshore Angola
The hook up of the Submerged Turret Production ‘STP’ buoy mooring system, to the FPSO was completed on 15th February and a full rotation test performed so that the vessel is now on station and securely moored. Commissioning work will continue on the topsides. Reconstruction of the turret area pipework and connection of the risers and umbilicals to the swivel stack is being undertaken followed by commissioning of the subsea infrastructure.
Delivery of first oil in Q2 is on track.
HBA offshore through its highly experienced personnel, in-depth knowledge of the offshore and floating production industry, and an extensive and complimentary value chain is able to provide bespoke services and tailor made solutions across the life of field with focus on specialist infra structure assets, FSO, FPSO, FSRU and FLNG as the field nerve centers and production hubs for tie backs and clusters.
Our discipline-specific consultants identify your skills-gap and ensure you have the right staff for every stage of your project. We work with you throughout the project to fully understand your challenges and deliver the optimum solution. Having one of the most progressive and rigid recruitment processes, ABI can quickly source, assess and recruit the most qualified, passionate and experienced professionals to deliver on time every time.
We have supplied more high-end project managers, building and site managers, drill crew managers, ship masters, captains, HSE officers and the like to companies, contractors and projects globally. Our resource pool of industry professionals covers engineering, construction, pre-commissioning, commissioning, installation, start up and more. ABI can reduce the hassle of more obtaining working authorization by co-ordinating visas and work permits for you.
We have a reliable and trusted payroll, providing greater financial stability to clients and employees alike. Our strong and dependable local market knowledge ensures seamless workforce placement and integration. Be it a rig move, or a specialist marine surveyor, ABI is connected with the right people for the job. Our consultants will work closely with you to ensure that your career goals are met with our vast selection of available postings.
Apply for a job Projects. The vessel is fitted with a 1, mt capacity crane, suitable for conventional platform installations. The vessel’s t, deep water lowering system allows it to operate in water depths up to 3, m.