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FPSO CONVERSION Legal Risks in Associated Contracts
David Seah, LL.B [email protected] April 2015
6th Annual FPSO POST CONFERENCE WORKSHOP
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Introduction
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Imagine…
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Topside Modules
ProductionPower Generation Process SystemStabilization &
UtilitiesGas Compression
FPSO - Main Components
Topside Modules
Main Deck & Helipad
Equipments & Machineries
HVAC, Pipes, E & I System
Turret & Mooring S Systems
Accommodation Topside Modules
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Gearing Up For Success
Project Execution
Plan
Legal Risk Matrix
Operation Plan
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Trivia Questions
1. How many key players are involved in a typical load out operation?
2. Who are they?
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OWNER
Marine Warranty Surveyor
Heavy Lift Consultant
Module Designer
ShipyardModules Fabricators
Floating Crane
Barge & Tugs
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Legal Risk Matrix
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“Every battle is won BEFORE it is
fought”.
Sun Tzu
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Associated Contracts
Main FPSO Conversion
Modules Designers
Heavy-Lift Consultants
Floating Crane Operators
Modules Fabricators
Tug and Barge Charterparty
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Activity 1
Legal Risk Matrix
(See Handouts)
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“Invisible” Legal Risks
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Interactive Activities
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Recap of Invisible Legal Risks
Risk 1 - Mediocre legal advise or amateur contracts
Risk 2 - Internal contracting guidelines
Risk 3 - Mismanagement of communications
Risk 4 - Record Keeping
Risk 5 - Management of Disputes
Risk 6 – Litigation Readiness
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BLIND SPOTCheck
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Load Out Sequence & Legal Risks
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Modules Fabricators fabricates and brings the modules to the quayside at its yard (Point A).
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Floating crane lift modules from the Modules Fabricators’ wharf and load them on a Barge.
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Lashing and sea fastening of the modules on the Barge.
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Tug boats tow the Barge via sea transportation from Point A to FPSO at Point B.
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Upon arrival at alongside the4 FPSO at Point B – unweld sea fastening and prepare for offloading.
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Floating Crane lifts modules in sequent onto the FPSO.
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Project Execution Plan
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Key Players Pre-Qualification Work Scope Load Out
Operation
Who What How When
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Activity 2 – Project Execution Plan
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Introduction
Legal Risks Matrix
Invisible Legal Risks
Load Out Sequence & Legal Risk
Project Execution Plan
1
2
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5
Recap on Today’s Agenda
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