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Title: Floating production systems hit stride in North Sea fields

Journal Article · · Oil and Gas Journal; (United States)
OSTI ID:7178950

Floating production system (FPS) technology has come of age in the North Sea. That's apparent in plans to use FPSs to tap two of Northwest Europe's largest offshore oil discoveries in the last 10 years. First North Sea oil production with a floater involved a converted semisubmersible drilling rig. Floaters have been in use for small field development projects ever since. Now, industry's rising interest in FPSs reflects two trends: As the North Sea matures, discoveries are likely to be in deeper, more remote locations; and Operators increasingly are under pressure to slash costs. The paper discusses UK trends, Norway's needs, the Norne field, Norne contract, discovery of oil west of the Shetland Islands, Shell-Esso plans, the UK Machar field test, the UK Fife field, and prospects for other potential floater developments.

OSTI ID:
7178950
Journal Information:
Oil and Gas Journal; (United States), Vol. 92:21; ISSN 0030-1388
Country of Publication:
United States
Language:
English