OSX Celebrates One Year of Oil Production from OSX-1 FPSO (Brazil) Brazil's OSX, an offshore and shipbuilding company of the EBX Group, celebrated today (January. Posted: over 8 years ago. By ensuring you have a good understanding of FPSO facilities and operations, you will increase your familiarity with the oil and gas industry as a whole and have a better appreciation of the work that you and your company do. 8 and 10 and MAC OS. Apple Tablets running IOS 11. Browser - Runs on Edge, Chrome, Firefox and Safari, no plug.
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Brazilian oil company PetroRio has agreed to buy the OSX-3 FPSO for $140 million, and acquire an 80 percent stake in the Dommo Energia's Tubarao Martelo field off Brazil where the FPSO is currently deployed.
The OSX-3 FPSO was built and delivered to the Tubarão Martelo Field in 2012. It has the capacity to process 100,000 barrels of oil
per day and store 1.3 million barrels.
PetroRio said the acquisition would allow for a 9 km tieback between the Tubarao Martelo and its nearby Polvo field, which would simplify the production system and create a private oilfield cluster.
- Work Related or Non-Work Related Observation?
- External Turret. The OSX-3 FPSO is utilized within block BM-C-39 of the Campos Basin, offshore Brazil, on the Waikiki Pero Inga fields. The FPSO is moored in approximately 110 meters water depth, have a storage capacity of 1.3 million barrels, be capable of processing 100,000 BOPD of heavy oil from the Campos Basin reservoir, generate approximately 60 MW of power,.
- FPSO OSX-1- It was Keppel Shipyard's first project for OSX Brasil S.A. It has been chartered by OGX Petroleo e Gas Participacoes S.A. For operations in offshore Brazil. FPSO Aseng- Capable of processing 80,000 barrels of oil per day and storing 1.7 million barrels of oil, it.
Fpso Mac Os X
The company said the move would enable 'significant synergies, lifting cost reductions, and the extension of the useful life of both fields.' 'Once the tieback takes place, the company estimates Polvo's and TBMT's combined Opex, which is currently over US$ 200 million per year (US$ 100 million for Polvo + US$ 100 million for TBMT), will be reduced to less than US$ 80 million per year, after having captured these synergies,' PetroRio said, adding that the lifting cost could be reduced to under US$ 16 per barrel as a result of 'air, sea, and land logistics synergies, and the decommissioning of the FPSO currently chartered to Polvo.'
'The cluster's Opex reduction will allow for a longer-term operation, during which more oil can be recovered. PetroRio estimates the assets' useful life could be extended to at least 2035 – a 10-year extension- and 40 million barrels added to Polvo's current reserves,' PetroRio said.
Leading up to the tieback's completion, PetroRio will own rights to 80% of TBMT's oil and will be responsible for 100% of the FPSO's charter, the Field's Opex, Capex and abandonment costs. During this phase, the Company will be reimbursed by Dommo at a monthly fee of US$ 840 thousand, equivalent to 20% of Dommo's current Opex (ex-charter costs).
Once the tieback is completed (estimated for mid-2021), PetroRio will remain responsible for 100% of the abovementioned costs for the cluster, while Dommo will be relieved of the monthly fees. In this new phase, PetroRio will have the rights to 95% of the oil produced by the Cluster up to the first 30 million barrels produced post-tieback, and 96% thereafter.
Fpso Mac Os Catalina
Lenders and charterers often negotiate agreements intended to keep the charter and therefore the cash flow alive.
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