presentation in conjunction with sbm offshore
TRANSCRIPT
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© SBM Offshore 2013. All rights reserved. www.sbmoffshore.com
Francesco CriminisiKees Willemse
Iain Baxter
Offshore application of Gas to Liquid Technology to cut
flaring on FPSOs
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Agenda
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1. Introduction to SBM
2. Compact GTL Technology
3. GTL on FPSO applications
4. Conclusions
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© SBM Offshore 2013. All rights reserved. www.sbmoffshore.com
Introduction to SBM
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The Company
5 Project execution centres
11 Shore bases
4 Representative offices
9.900 Employees
Lease Fleet15 FPSOs
2 FSOs
1 Semi Sub
1 MOPU
Performance
200 years of operations
99% Uptime
~5,000 Tanker Offloads
Financials FY 2013 in US$Turnover
Backlog
Market Cap
3,4 billion
23 billion
4,2 billion
SBM Offshore worldwide
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SBM Offshore
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SBM Gas solutions portfolio
FPSO with GTL
100 MMSCFD 300 MMSCFDGas Capacity
Environm
ent (
Hs)
>8m
<8m
Turrets for Large Scale FLNGs
Twin Hull FLNG external Turret
Twin Hull FLNG internal Turret
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2006 2007 2008 2009 2010 2011 2012 2013
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7 Years of FLNG Development in SBM
Twin Hull™ ‐ Dual N2
Cash Maple ‐ SMRGeneric ‐ Niche
Prelude Turret
Generic ‐ SMR
Petrobras ‐ DMR
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Mid-scale Twin Hull FLNG
CO2 precooled Dual Nitrogen Cycle 12 months shorter schedule than newbuild FLNG18% lower cost than newbuild FLNG2 MTPA
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© SBM Offshore 2013. All rights reserved. www.sbmoffshore.com
Compact GTL Technology
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Process overview
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Gas pretreatment
Steam Methane Reforming
CH4+H2OCO+H2
Fischer TropshCO+H2 CnH2n+2
Mercury, Sulphur, Nickel
Heating Cooling
Liquids
Natural Gas
H2 & Tail Gas
Catalytic reactionLow pressure
High Temperature
Catalytic reactionHigh pressure
Low Temperature
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Compact GTL Technology
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Automated catalyst insertionand removal
Corrugated metallic catalyst inserts maximise active surface area
per channel
Brazed plate‐fin reactor construction minimises metal
content and weight
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Commercial Demonstration Plant Aracaju, Brazil 2010
Image shown courtesy of Petrobras
• > 2 years operations• > 90% availability• Project fully funded by Petrobras• Associated gas feed from offshore• Fully integrated GTL process• Commercial scale reactors –
Sumitomo• Catalysts – Johnson Matthey
Technology approval by
Petrobras 2011
© SBM Offshore & Compact GTL 2013. All rights reserve www.sbmoffshore.com & www.compactgtl.com
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Kazakhstan agreement signed for 3000bpd plant
7th March 2014: Memorandum of Cooperation between CompactGTL and Kazakhstan Ministry of Oil & Gas
• Cooperation to build the World’s First commercially deployed small scale GTL plant
• 3000bpd diesel production planned
• Reduction in flaring by over 300 MMcm/annum
• 12 months engineering
• Fully functioning by 2017
• Cost estimated at 300m USD
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What if we could put it in Offshore?
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Gas pretreatment
Steam Methane Reforming
CH4+H2OCO+H2
Fischer TropshCO+H2CnH2n+2
Mercury, Sulphur, Nickel
Heating Cooling
Natural Gas
Tail Gas
Liquids
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Why FPSO with GTL?
GTL is an excellent Gas Disposal Alternativein an Offshore Application
Flaring Restrictions
New fields not allowed to flare
Existing fields risk shut-in or financial penalties
Gas Re-injection
High cost: in deep water can cost up to $250 million
Gas breakthrough risks, threat to reserves
Gas Infrastructure
Issues
High cost of pipelines in remote or deep water
Multi-party, complex infrastructure
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© SBM Offshore 2013. All rights reserved. www.sbmoffshore.com
GTL on FPSO applications
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Benefits of Integration
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Separation & Pre‐
treatment
Steam Methane Reforming
Fischer Tropsh
Heating CoolingNatural Gas
Tail Gas
Synthetic Oil
Power generation
Fresh Water System
Process Heating
Common Utilities: Water Treatment, N2 generation, Cooling Water system,
Common Oil
Storage
Well Fluid
Swivel
Crude Oil
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Application of the concept: Extended Well Test
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What is an Extended Well Test (EWT)?
• Confirms well productivity estimates / reservoir pressure behaviour / fluid properties
• But there is a strong drive from regulatory & environmentalauthorities to minimise flaring
• Current EWT may have production rates limits which seriouslylimit the EWT benefits
• EWT vessel with GTL no flaringmaximise EWT benefits
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Application of the concept: Full Field Development
Remote (>100 km) oilfields with enforced gas flaring
legislation
Gas re‐injection is :‐ Not feasible or..‐ Expensive or..‐ A risk to the reservoir
No infrastructure
Gas export is :‐ Not feasible or..‐ Expensive or..‐ Has no fair gas buyer
GTL is a project enabler for
“stranded oil”
GTL is the best solution if distance >100 km and Gas flow rate <100 MMSCFD
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Mooring solutions
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GTL on FPSO
Extended Well Test (EWT) FPSO
Full Field Development
Dynamic Positioning DP2+Disconnectable Riser
Permanently Moored
6 x 5MW External Azimuthing Thrusters
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EWT with GTL Concept ‐ Fly Through
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© SBM Offshore 2013. All rights reserved. www.sbmoffshore.com
Conclusions
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GTL: the SBM's green solution to associated gas
Referenced Technology Partner
Approval in principle by DNV
24+ months operational experience
onshore plant Brazil
World class GTL and FPSO
component supply chain established
Generic study complete, ready
for FEED
Oil Company approved GTL technology
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Thank You!
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