Intecsea has designed a new range of floater concepts that could cut offshore field development costs by up to $1.2 billion per project. The offshore engineering consultancy, an offshoot of Australian contractor WorleyParsons, said the low-motion designs would be particularly useful in extreme deepwater, harsh environments and remote field schemes. The concepts include LM-FPSO, for floating production, storage and offloading units; LM-FLNG, for liquefied natural gas, and LM-SEMI, for semi-submersible units. All designs are suitable for use in shallow and deep water, with LM-FPSO able to work at depths of over 3,000 metres.
Intecsea has designed a new range of floater concepts that could cut offshore field development costs by between $500m to $1.2bn per project. The offshore engineering consultancy, an offshoot of Australian contractor WorleyParsons, said the low-motion designs would be particularly useful in extreme deepwater, harsh environments and remote field schemes. The concepts include LM-FPSO, for floating production, storage and offloading units; LM-FLNG, for liquefied natural gas, and LM-SEMI, for semi-submersible units. All designs are suitable for use in shallow and deep water, with LM-FPSO able to work at depths of over 3,000 metres.