Floating production systems in a ``new economic regime``
Conference
·
OSTI ID:170330
- Aker Omega, Inc., Houston, TX (United States)
- Aker Oil and Gas Technology UK PLC, Aberdeen (United Kingdom)
- Aker Engineering a.s., Oslo (Norway)
Except for a short period before, during and after the Gulf War, the oil prices have been depressed for 8--10 years. This has forced industry to be profitable at these low oil price levels. Since 1975 various floating production systems have been evaluated and used as field development solutions around the world. As technical challenges have been overcome, floating production systems have become leading contenders for traditional and deepwater field developments in this new economic regime. There are many types of Floating production systems. A few examples are--the semisubmersible Floating Production System (FPS), the monohull Floating Production, Storage and Offloading system (FPSO), the Spar Buoy and the Deep Draft Floater. As the FPS and FPSO represent proven technology and are leading contenders for several field developments in both the North Sea and the Gulf of Mexico, this paper will concentrate on these concepts.
- OSTI ID:
- 170330
- Report Number(s):
- CONF-950152--
- Country of Publication:
- United States
- Language:
- English
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