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. “Floater-assisted drilling is one of the most efficient ways for oil companies to drill deep water wells at low cost,” said chief executive David McKay. 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.