Page 6: of Offshore Engineer Magazine (Sep/Oct 2016)
Read this page in Pdf, Flash or Html5 edition of Sep/Oct 2016 Offshore Engineer Magazine
5
7
Undercurrents
PUBLISHING & MARKETING
Chairman/Publisher
Just keep ? oating OE OPINION
Shaun Wymes [email protected] elcome to our annual FPSO Despite this negative news, most
W issue, where OE seeks to shed researchers believe Brazil’s offshore
EDITORIAL light on the latest projects and the tech- exploration could heat up again. Rystad
Managing Editor nologies that serve them. Energy shares its view of the South
Audrey Leon
The downturn has been hard on all American market, in the wake of high [email protected] sectors of the oil and gas industry and pro? le discoveries like Exxon’s Guyana
European Editor the FPSO market has certainly seen ? nd and Statoil’s acquisition of Carcara
Elaine Maslin orders canceled and projects delayed. assets off Brazil, on page 56 of this issue.
Clarksons Research presented its ? nd- And, while some projects have
Asia Paci? c Editor ings on the FPSO market in June 2016 certainly hit snags over the last sev-
Audrey Raj at the Standard Club FPSO Roundtable eral months, the projects that achieved [email protected]
Seminar in Singapore, reporting that the ? nal investment decision years ago
Web Editor global FPSO ? eet size is 194 total units, continue to plow ahead. A few FPSOs
Melissa Sustaita with 172 units active and 22 units idle. have come online this year. Last month [email protected]
The region with the largest number of (August), Tullow achieved ? rst oil from
Editorial Assistant idle FPSOs is Asia Paci? c, where 19% of its Tweneboa, Enyenra, Ntomme (TEN)
Jerry Lee 63 units are idle. ? eld development, offshore Ghana, with
ART AND PRODUCTION
MODEC’s Prof. John Evans Atta Mills
Bonnie James
FPSO. In July, Petrobras started produc-
Verzell James tion from the Cidade de Saquarema
FPSO unit on the Lula ? eld, offshore
CONFERENCES & EVENTS
Brazil. And there are more certain to
Events Coordinator
Jennifer Granda follow.
In this issue, OE pro? les superma-
Exhibition/Sponsorship Sales jor Shell’s Stones development, which
Gisset Capriles boasts the deepest ? oating production [email protected] facility in the world, the Turritella
FPSO. The unit is only the second FPSO
PRINT to call the US-side of the Gulf of Mexico
Quad Graphics, West Allis, Wisconsin, USA home. It took a lot of planning and
SUBSCRIPTIONS technical ingenuity from across Shell
To subscribe or update details, email: deepwater projects to get the Stones de- [email protected] or visit oedigital.com.
The FPSO. Turritella velopment where it is today. Read more
Photo from Shell.
Rates $99/year for non-quali? ed requests.
about the project on page 22.
$10 for individual copy.
Clarksons also reported that order- Of course, there’s so much more of
NOTICE: Print magazine delivery for free quali? ed subscriptions restricted to North America & Western books had taken a hit since the down- interest in this issue. We’re delighted
Europe. All other regions will be receive digital turn. In 2016, the ? rm lists just two to break the news that Total has been format – email address is required.
FPSOs on the books. 2017 fares a bit the ? rst to achieve a fully all-electric better with 17 units (11 conversions and subsea well at its K5F-3 project offshore
CIRCULATION six construction). In 2018, the number the Netherlands. We take a close look at
Inquiries about back issues or delivery problems should be directed to [email protected] is expected to dwindle to six units. By this project and a deep dive into the all- 2019, it’s expected there will be just one electric subsea future, starting on page
REPRINTS unit on the books. 38 of this issue.
Print and electronic reprints are available for an
Clarksons highlights that, over the Looking forward to our October issue upcoming conference or for use as a marketing tool. last 12 months, delivery schedules have Visualization feature, we’re excited
Reprinted on quality stock with advertisements been extended; half of the units on order to offer staff reports on the rising use removed, our minimum order is a quantity of 100.
For more information, call Rhonda Brown at Foster have been seen delivery dates pushed of drones in the offshore industry as
Printing: 1-866-879-9144 ext.194 or email rhondab@ back or canceled. The ? rm attributes a method for inspection. Adoption of fosterprinting.com
Brazilian oil company Petrobras’ this technology has been remarkably troubles as a key issue, since one-third fast and is becoming more and more so-
DIGITAL of the orderbook had been expected to phisticated. There’s no doubt that there www.oedigital.com
Facebook: fb.me/ReadOEmag be deployed in Brazil. But, Petrobras is will be more coming from this space in
Twitter: twitter.com/OEdigital not the only factor, fabrication delays future. Be sure not to miss the October
Linked in: www.linkedin.com/groups/4412993 are also to blame, the research ? rm says. issue to learn more.
September 2016 | OE oedigital.com 8 008_OE0916_Undercurrents.indd 8 8/24/16 12:52 PM