Page 31: of Offshore Engineer Magazine (May/Jun 2014)

30 32

“an astounding 1.9MMb/d,” Brent oil an FPSO and an oil-offoading terminal, prices increased to US$111/bbl, reports subsea production systems, comprising

Douglas-Westwood. injection fowlines, risers, fexible jump-

As a plethora of non-US countries ers, umbilicals, and subsea manifolds, begin developing unconventional and gas export pipelines. resources or plan to do so, the North In June 2013, Total and its partners

American shale play development versus awarded a $3 billion engineering, procure- oil demand statistics serve as logical ment, fabrication, installation, and pre- indicators of global onshore-versus-off- commissioning contract to Saipem, and shore strategies for energy companies. a $1.2 billion engineering, procurement,

So despite the rumors, at least $99 construction, and commissioning contract billion will be spent on foating produc- for Egina’s subsea production systems tion systems (FPS) 2014-2018, a 138% to FMC Technologies. In January 2014, increase compared to the previous fve FMC Technologies subcontracted Aveon years, according to the research frm. Offshore to provide fabrication services

Of that, approximately $68 billion, or for the subsea structures at the feld.

two-thirds of total spending, will target Egina is expected to go onstream deepwater FPS deployments. by the end of 2014 or early 2015.

The FPS sector recovery is steady,

Production from the Egina-5 well is evidenced by some 54 units that were estimated to reach 12,000b/d. The oil ordered 2011-2013, compared to 23 units feld is estimated to reach a peak pro- ordered throughout 2008-2009. And 2014 duction rate of 150,000b/d, and a future is expected to show a signifcant increase

FPSO will increase production capacity in the value of units deployed. by 200,000 b/d. Egina is Total’s third

Meanwhile, utilization of FPSOs deepwater development off Nigeria, owned by leasing contractors has also with total feld production expected by improved, up 3% to 88%, reports the end of 2017.

Douglas-Westwood. Clearly, the relatively Offshore Angola, BP operates block new onshore shale plays are no threat to 31 and holds a 26.27% interest, with deepwater exploration and development. partners Sonangol E.P. (25%), Sonangol

P&P (20%), Statoil Angola (~13.33%),

Africa

Marathon International Petroleum

Offshore Nigeria, Total continues to Angola Block 31 (10%), and SSI 31 (5%).

develop the Egina oil feld. Total Upstream The PSVM development in block

Nigeria (with a 24% interest) is develop- 31’s northeastern sector comprises the ing the feld in partnership with CNOOC Plutao, Saturno, Venus, and Marte felds, (45%), Sapetro (15%) and Petrobras all in water depths of about 6560ft.

Centennial J

The tanker will be converted (16%). Egina lies in block oil mining lease The four felds are expected to produce by MODEC for Tullow’s TEN feld. (OML) 130 and covers an area of around 150,000b/d, and production from the

Photo from Tullow Oil Plc/Joseph Lynch 500sq mi in 5741ft of water. frst three wells of the Plutao feld started

Although the partners initially planned in January 2013. For now, the wells are shale plays “posted a blow-out year,” to develop the feld with a subsea tieback producing about 70,000b/d. The Saturno rising by 1.3MMb/d as a three-month to the Akpo FPSO, new discoveries in the and Venus feld were expected to enter average by November 2013, and Canada region led to an independent-infrastruc- production in 2013, with production at added another 0.7MMb/d for a total ture development of Egina. Marte feld to follow in 2014.

North American production growth of The feld’s infrastructure will include The PSVM project utilized a converted 2014 Selected Current Deepwater Developments

CountryDevelopment StatusOnstreamWater (ft)OperatorProduction System

Africa

NigeriaAgbami FPSO Producing 2014 4800Chevron

NigeriaAje FPSO Under development 2014 3000YFP

Nigeria Bonga SW FPSO Design 2016 4000Shell

Angola CLOV FPSO Under development 2014 4600Total

NigeriaEgina FPSO Under development2015 5700 Total

GhanaJubilee 1A FPSO Producing 2010 3600Tullow

NigeriaKaombo FPSO Under development 2017 5200Total

CongoMoho Nord TLP-FPUUnder development 2016 3600Total

Angola PSVM FPSO Producing 2013 6500BP

GhanaTEN FPSO Producing 20156500Tullow oedigital.com May 2014 | OE 33 032_OE0514_DW1_Stell.indd 33 4/19/14 2:18 PM