the solution for marginal fields & early...
TRANSCRIPT
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
Marginal Field Production Vessel
The Solution For Marginal Fields & Early Production!
1 Presentation in Partnership with SOPETRO Offshore Nigeria
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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§ Sopetro and IOC have formed a strategic alliance to pursue energy projects in Nigeria and the West Africa region.
§ Sopetro will mainly provide local content, local knowledge and local management expertise while IOC will mainly provide technical expertise, project management and engineering.
§ The alliance will focus on introducing the IOC’s newly patented Marginal Field Production Vessel (MFPV) into Nigeria.
§ IOC’s engineering team by itself and in strategic partnerships with DMAR Houston will provide engineering solutions for shallow and deep-water field developments.
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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Table Of Content MFPV
1) Overview MFPV 2) IOC Objective For MFPV Design 3) Industry Dilemmas 4) Solutions 5) The Tanker 6) The MFPV 7) Modifying a New Built Panamax Tanker To MFPV
1) Adding Production Modules
8) The MFPV Production Riser Solution 1) Lazy Wave Riser System For Shallow Water Depth 2) Lazy Wave Riser System With Mid-water Arch For Medium Water Depth 3) Self Standing Riser For Deep Water Production
9) Mooring System Layout 10) Quick Disconnect Of Risers and Moorings 11) Converting Back To Tanker 12) Local Content And Advantages For Nigeria 13) Contact Information
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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OVERVIEW
• The IOC MFPV replaces conventional FPSO’s (Floating Production Storage & Offloading) units.
• The MFPV can easily be relocated from one well to the next or from one field to the next.
• Enables production of marginal fields in shallow and deep water
• Reduces Capital Expenditure Risk Significantly
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
THE IOC Objective For The MFPV Design
§ Enable production of marginal fields § Reduce capital and operating costs for marginal fields. § Supply a mobile, easy to relocate Production Unit for shallow
and deep water § Deliver a temporary storage and low-cost subsea tie back
solution (or permanent) § Assure Flexibility – The MFPV offers modular design options
that can be used to satisfy known and un-known conditions. § Verify production capacity of field prior to investing in a +
$500M-$1B FPSO and assure optimized design of such.
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The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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INDUSTRY DILEMMAS (Some Examples)
§ Uncertainty in the amount of recoverable reserves § High cost associated in acquiring further reservoir
information § High capital expenditure § The various cycles which affect our oil industry have
emphasized the need for detailed control of expenditure for development and production of small discoveries. (I.e., low cost solutions needed!)
§ Very small sizes of reserves/pool to the extent of not being economically viable
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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DILEMMAS (Continued);
§ Lack of infrastructure in the vicinity and profitable consumers. § Prohibitive development costs, fiscal levies and technological
constraints. § Developing these fields in an economically attractive manner is
often challenging, while the expected revenue streams are smaller due to the smaller reserve sizes.
§ Low stock tank oil initially in place and therefore low reserves § Long distance from existing production facilities thereby making
them economically unviable to be put on stream § Fields not yet considered for development because of marginal
economics under the current market and fiscal conditions
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
SOLUTIONS FOR § Marginal Fields § Early Production § Low Risk § Minimum Lead Time (0-8 Months) § No Need To Design For 100 Year Storm § Cost Effective / Low Capex § Disconnectable Spread Mooring System § Modular Production Systems – Lift On / Lift Off § Easily Deployable and Re-Deployable § Can Be Converted Back to Tanker in Few Days. § Shallow to Ultra Deep Water, (=Same MFPV) § No Tanker Under-Deck Modifications Needed § Mobilization / Hookup in the Field 1- day § Demobilization from Field in 4 hours § Easy upgradable to meet demands for increased production 8
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
9 Copyright IOC contained in this drawing is Proprietary and Confidential. Any Reproduction and/or Distribution of this drawing without permission of IOC is Strictly Prohibited.
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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The Tanker
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
Converting Panamax Tanker To MFPV
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The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
Converting Panamax Tanker to MFPV
Add § Chain Stopper Foundations § Quick Release Chain Stoppers § Deck Sheaves § Winches § Fairleads § Flare Boom § Support Crane For Production Modules § Load Out Area § Offloading Hose Reel and guide chute. § Production Module Foundations § Production Modules § Helipad
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The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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Converting Panamax Tanker to MFPV
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 14
Adding Production Modules
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 15
Adding Production Modules
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 16
Lazy Wave Riser System for Shallow Water Depth
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
The MFPV
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The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 18
Lazy Wave Riser System for Shallow to Medium Water Depth Lazy Wave to PLEM Connection & Using Gravity Base
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 19
MEPS Self Standing Riser System For Deep Water – Full Profile View For water depth al the way to +10,000 ft
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 20
Lazy Wave Riser System for Shallow Water Depth Lazy Wave to PLEM Connection & Using Mid-water Jacket
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 21
MEPS Self Standing Riser System For Deep and Shallow Water
Note:The MEPS Free Standing Riser System is a patented intellectual property owned by MEPS
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 22
Mooring System Pull in will be the same for shallow or deep water moorings. Chain Lockers allow for storage of chain tails removed from moorings. Chain tails can be handed over to Anchor Handling Tug for reconnection to mooring system in the event of a emergency abandonment of moorings due to weather etc.
Aft Mooring System Lay-Out
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 23
Mooring System Pull in will be same for shallow or deep water moorings. Chain Lockers allow for storage of chain tails removed from moorings. Chain tails can be handed over to Anchor Handling Tug for reconnection to mooring system in the event of a emergency abandonment of moorings due to weather etc.
Fwd Mooring System Lay-Out
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 24
Riser Disconnection will take 4 to 6
hours using quick disconnect riser
porch .
Quick Disconnect System – Riser(s)
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 25
Quick Disconnect System – Riser Disconnected
SUBSEABUOY
FLEXIBLERISER
EXTENSION
BUOYANCYMODULES
BUOYANCYMODULE
STANDARDJOINTS
CHAIN
POLYESTER
SURFACEMARKERBUOY
MEPS FREE STANDING PRODUCTION RISER
THRUSTERTYPICAL
MODULARPRODUCTION
SYSTEM
FLAREBOOM
80tSUPPORTCRANE
(OPTIONAL)80t
SUPPORTCRANE
OFF-LOADINGHOSE REEL
MOORINGLINE
GUIDECHUTE
PATENT NO. 61942227- FPSO MODULAR SYSTEM.
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 26
Quick Disconnect System – Moorings
Mooring Disconnection will
take 20 minutes (or less) using quick disconnect chain
stoppers.
Note: Details of quick release chain stopper not shown due to being IOC proprietary design.
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 27
Quick Disconnect System – 4 Mooring Lines Disconnected
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 28
Quick Disconnect System – All Mooring Lines Disconnected
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 29
Quick Disconnect System – MFPV Navigating Off by Own Propulsion
Mooring Lines can have sub-sea pick-up buoys or surface pick-up buoys. Depending on water depth, conditions and availabilIty of ROV’s
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 30
MFPV - Modular System
FLAREBOOM
MOORING PULL-INWINCHDOUBLE DRUMS
LAYDOWNAREA
DECKSHEAVE
15,000 BWPDWATER TREATMENT
COMPLETION FLOWBACKMODULE TYPICAL
30,000 BOPDOIL SEPARATIONPRODUCTION
MODULE TYPICAL
COMPRESSIONGAS 20 MMSCFDAIR NITROGEN
MODULE TYPICAL
80tSUPPORTCRANE(OPTIONAL)
RISER PULL-INWINCH
EXTENDED RETRACTED
80tSUPPORTCRANE
POWER GENERATIONMODULE (OPTIONAL)
HULL SIDE
EXTENDED RETRACTED
PLAN VIEW
CHAIN STOPPER FOUNDATIONMOUNTED ON DECK(8 OR 12 POINT SPREADMOORING SYSTEM)
OFF-LOADINGHOSE REEL
GUIDECHUTE
CHAINDISCONNECTED
RETRACTABLERISER PLATFORM
QUICK DISCONNECTRISERS
76mm / 84mmCHAIN STOPPER/FAIRLEAD ARRANGEMENTQUICK DISCONNECT
76mm / 84mmMOORING CHAINSTANDARD RIG CHAIN
PATENT NO. 61942227- FPSO MODULAR SYSTEM.
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 31
MFPV Converting Back to Tanker
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227 32
MFPV Converted Back to Tanker – Ready For Shipping / Trading of Oil
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
Advantages for Nigeria
Sample List of Advantages for Nigeria § A large number of marginal fields currently un-economical can now be
produced cost effectively § A large number of MFPV’s will increase the need for local Nigerian labor and
involvement of local communities § MFPV’s to be supplied on a lease basis with little or no local funds needed.
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The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
Local Content for Nigeria
The following Local Content can be Assigned for Nigeria § Chain Stopper Foundations § Quick Release Chain Stoppers § Deck Sheaves § Fabricating Parts for Winches § Fairleads § Fabricating Parts for Flare Boom § Fabricating Parts for Support Crane For Production Modules § Fabricate support structure for Load Out Area § Fabricate Parts for Offloading Hose Reel and guide chute. § Fabricate Production Module Foundations § Assemble Production Modules § .... More ….
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The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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CONFIDENTIALITY
– THE INFORMATION IN THIS PRESENTATION IS IOC COPYRIGHTED INTELLECTUAL PROPERTY.
– ANY REPRODUCTION AND/OR DISTRIBUTION OF THIS DOCUMENT OR PART OF THIS DOCUMENT, WITHOUT PERMISSION OF IOC IS STRICTLY PROHIBITED.
– THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
By: Ove Akerblom President: Intrepid Offshore Construction Inc.
Houston, TX, 77079, USA
The MFPV (Marginal Field Production Vessel)
THE IOC MFPV IS PROTECTED UNDER PATENT APPLICATION No.: 61942227
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SOPETRO & IOC Strategic Partnerships Established:
SOPETRO & IOC Strategic Partnerships Established
Contact Information
Intrepid Offshore Construction Inc. President: Ove. W Akerblom 1701 Brittmoore Rd Houston TX, 77079 USA. Tel Houston: +1 713 677 0200 Tell Nigeria: + 234 1 453 6092--3 Mobile: +1 281 871 0380 www.SOPETRO & IOC.com
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Sopetro Offshore West Africa Ltd CEO: Seun Alonge 31B Raymond Njoku Street. S.W. lkoyi • Lagos, NIGERIA Tel: + 234 1 453 6092--3 Mobile: + 234 816 954 1422 www.SOPETRO & IOC.com