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Brownfield ServicesSeptember 2016
FPSO DecommissioningFrom last oil to last steel.
Rafael Torres – Director of [email protected]
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Company Overview
Track Record
Decommissioning Context
How SBM Delivers Decommissioning Projects
FPSO Decommissioning Key Information
Why SBM?
Contents
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Company Overview
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BROWNFIELD SERVICESProduct Life Extension
UpgradesModifications
RelocationDecommissioning
Operations270+ years of FPSO experience
99%+ production uptimeLargest international FPSO fleet
InstallationDedicated fleetUnparalleled experienceExtensive project capability
ConstructionStrategic partnerships Unrivalled project experience
ProcurementIntegrated supply chainGlobal efficienciesLocal sourcing
Engineering55 years of industry firstsLeading edge technology
SAFE
Delivery Along Full Product Lifecycle
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SBM Lease Fleet Portfolio
CANADA End date of LeaseExcluding extension options
MOPU – Deep Panuke Up to 2021
USA End date of LeaseExcluding extension options
Semi-Sub –Thunder Hawk Up to 2025
FPSO – Turritela Up to 2025
BRAZIL End date of LeaseExcluding extension options
FPSO – Espírito Santo Up to 2024
FPSO – Capixaba Up to 2022
FPSO – Cidade de Anchieta Up to 2030
FPSO – Cidade de Paraty Up to 2033
FPSO – Cidade de Ilhabela Up to 2034
FPSO – Cidade de Maricá Up to 2035
FPSO – Cidade de Saquarema Up to 2035
FPSO – Frade Turn-key
FPSO – P-57 Turn-key
FPSO – OSX-2 Turn-key
MYANMAR End date of LeaseExcluding extension options
FSO – Yetagun Up to 2018
MALAYSIA End date of LeaseExcluding extension options
FPSO – Kikeh Up to 2022
EQUATORIAL GUINEA End date of LeaseExcluding extension options
FPSO – Aseng Up to 2026
CONGO End date of LeaseExcluding extension options
LPG – Nkossa II Up to 2018
ANGOLA End date of LeaseExcluding extension options
FPSO – Mondo Up to 2022
FPSO – Saxi Batuque Up to 2023
FPSO – N’Goma Up tp 2026
Under Construction Lease in Operation Turn-Key (Brazil only)
FPSO – Falcon
FPSO – Brasil
Turn-key projects (Brazil only)
13 FPSOs, 2 FSOs, 1 Semi-Sub, 1 MOPU – 272 years of operationsAverage remaining lease duration: 13.9 years
Laid Up
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FPSO / FSO FLNG Semi / TLP Turret Mooring Systems
Brownfield Services 3rd Party O&M Offshore Installation Terminals (Imodco)
SBM Offshore Group:8 Focused Product Lines
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Condition Assessments
Small Studies, Pre-FEED, FEED
Major Repairs & Upgrades
De-Bottlenecking & Capacity Increase
Tie-Backs
Life Extension
Decommissioning
1
2
3
4
5
6
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Detailed assessment to evaluate overall condition of unit, incl. topsides, hull & moorings.
Full range of engineering services across all aspects of Floating Productions Systems (FPS)
EPC(I) for any equipment/system requiring repair, replacement or upgrade.
EPC(I) for FPSs to provide max. efficiency, throughput and increased handling capacity.
EPC(I) solutions to connect additional wells and risers to an existing unit.
EPC(I) solutions to extend original Asset Design Life, incl. regulatory and class approvals.
EPC(D) solutions to safely and sustainably disconnect, tow and dispose of an asset.
Our 7 Segments of Brownfield Services:…from Moorings to Flare Tip…
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Condition Assessments
Small Studies, Pre-FEED, FEED
Major Repair & Upgrades
De-Bottlenecking & Capacity Increase
Tie-Backs
Life Extension
Decommissioning
1
2
3
4
5
6
7
Detailed assessment to evaluate overall condition of unit, incl. topsides, hull & moorings.
Full range of engineering services across all aspects of Floating Productions Systems (FPS)
EPC(I) for any equipment/system requiring repair, replacement or upgrade.
EPC(I) for FPSs to provide max. efficiency, throughput and increased handling capacity.
EPC(I) solutions to connect additional wells and risers to an existing unit.
EPC(I) solutions to extend original Asset Design Life, incl. regulatory and class approvals.
EPC(D) solution to safely and sustainably disconnect, tow and dispose of an asset.
Decommissioning:…last but not least…
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Track Record
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ASSET NAME TYPE FIELD OPERATOR LOCATION END of FIELD LIFE ASSESSMENTS CLEANING VOYAGE PREP DISCONNECTION ASSET DISPOSAL
XV DOMY FSO Elf Nigeria 2002 N/A – Relocated
Jamestown FPSO Agip Italy 2003 Sold to 3rd Party
Falcon FPSO ExxonMobil Nigeria 2006 Green Recycled
Firenze FPSO Agip Italy 2006 Sold to 3rd Party
Rang Dong I FPSO JVPC Vietnam 2008 Green Recycled
Capixaba FPSO Petrobras Brazil 2009 N/A – Relocated
Escravos LPG FSO Chevron Nigeria 2009
Espadarte FPSO Petrobras Brazil 2010 N/A – Relocated
Xikomba FPSO ExxonMobil Angola 2011 N/A – Relocated
Kuito FPSO Chevron Angola 2013 Green Recycled
Schiehallion FPSO BP Scotland 2013
Brasil FPSO Petrobras Brazil 2014 Green Recycled
Marlim Sul FPSO Petrobras Brazil 2014 N/A – Laid-up
Floater Decommissioning SBM Track Record
12 years
13 FPSOs Successful Decommissioned in 12 years
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DecommissioningLatest Experiences
FPSO Kuito
FPSO BRASIL
FPSO MARLIM
SUL
3 years
3 FPSOs Successful Decommissioned in 3 years
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Decommissioning Context
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Decommissioning:Market Drivers
MARGINAL / DECLINING FIELDS AGING FACILITIES
LOWER THROUGHPUT HIGHER OPEX
LOWER PROFITABILITY
…making matters worse…
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How SBM Delivers Decommissioning Projects
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Steps not shown:Final production shutdown and riser flushingAll required licenses to be obtained prior to commencing any workCleaning scope includes non-regulated and regulated waste (e.g. NORM)
SBM Execution ModelHow we deliver decommissioning projects
ASSESSMENTS
Reg. Compliance Licenses (Local & International + Class Agencies)
Pre-Clean Survey (NORM & HazMat)
Pre-Disconnection
Survey
Seaworthiness Survey
CLEANING
Cargo Tanks Demucking
Process Vessels
Topsides Pipework
Engine Room
VOYAGE PREP
Structural Reinforcements
Equipment Repairs/Upgrades
Voyage Management
(incl. tow contracting)
Out/Inward Clearances (at
origin & destination)
DISCONNECTION
Risers
Umbilicals
Mooring Lines
Final Shutdown & De-manning
ASSET DISPOSAL
Unit Sale RFQ
Sale Contract Negotiations
Recycle Yard Auditing / Selection
Site Supervision at Recycle Yard
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FPSO Decommissioning Key Information
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Duration of Decommissioning: 6-12 monthsDuration of Green Recycle: 8-10 MonthsUnit Lightweight (LDT): ≈47,000 - 56,680 metric tons
Scope of Work:• Inventory of Hazardous Materials /
NORM Survey / Marine Growth Survey• Preservation Procedures• Cleaning: NORM & non-NORM• Disconnection of Risers, Umbilicals,
Mooring Lines
• Refurbishment/Repair of Voyage-Critical Equipment & Systems
• Access Ladders Fabrication and Installation
• Towing• Mooring Lines Exportation or Destruction
Key Information:FPSO Decommissioning
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Decommissioning:Key Risks & Challenges
Delays in getting licenses → cleaning, exportation etc.Increasing regulation / legislation → liability exposure.Reactivation/refurbishment of decade-old systems/equipment → delayed departure from site.Several subcontractors → several technical interfaces (specially in deepwater).Several interdependent scopes → schedule
misalignment.Scope of Work increase → Not well identifiedPoor estimate of project budget → cost overruns during executionLocation → planning work offshore vs work onshore.
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Decommissioning:Points of Attention
Brazil lacks CNEN approved facilities to receive NORM material
Very small chance to have an FPSO authorized to enter Brazilian waters if it´s identified presence of Sun Coral
Difficult to find a local company able to perform Inventory of Hazardous Materials (IHM survey)
Lacks green recycling yards in Brazil / South America
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1. Every dollar counts – benefit from our EPCIOD know-how to optimize your decommissioning costs.
2. No surprises – our robust execution model ensures avoidance of typical decommissioning project pitfalls.
3. No fines – SBM’s solid risk management strategy minimizes exposure to potential regulatory liabilities.
4. Synergies – ability to seamlessly execute simultaneous decommissioning of several units.
5. Established partnerships with key players – including regulatory bodies in the O&G industry.
6. Relocation experience – 4 relocations in last 5 years.
Why SBM:Main Reasons