Download - HoneyBee FPSO for UKCS Clusters - OGTC

HoneyBee FPSO for UKCS ClustersOGTC, August 2017

©2017 NOV | Proprietary and confidential.

Agenda

NOV FPS Introduction

HoneyBee TM650 solution

HoneyBee FPSO solution for UKCS Clusters

2©2017 NOV | Proprietary and confidential.

NOV FPS Introduction

HoneyBee - Marginal Fields and Modular DevelopmentExploit / unlock marginal fields

Modular development of fields (incremental expansion)

Generic topside solution

Industrial solutions - repeatability

Optimal operations and life cycle efficiency

FFD - Full Field Development

Exploit full potential of field

Large volumes / reserves

Field specific topside solution, based on standardized developments

Industrial solutions – repeatability

Optimal operations and life cycle efficiency

Turret Moored Solutions

Spread Moored or Turret Moored Solutions

NOV Value Propositions

4

TM450 TM650 TM1050 TM1200 TM1550 SM1650 SM2050

Length overall (m) 212.6 233.6 255.0 265.0 285.0 285.0 329.0

Breadth (m) 39.0 45.0 52.0 52.0 58.3 58.3 58.3

Depth (m) 26.4 26.8 30.4 30.4 32.6 32.6 32.6

Draught (m) 16.7 19.0 21.15 21.8 23.5 24.5 24.7

Displacement (t) 105,000 157,000 221,803 248,200 312,500 362,000 457,000

Oil storage (bbl) 447,000 657,000 1,050,000 1,200,000 1,550,0001,630,000 /

1,861,0002,050,000

Living quarters (POB) 100 100 100 100 140 120 120

Topsides NTE (t) 8,500 12,500 17,000 19,000 25,000 27,000 30,000

VCG (m) 33.7 37.0 41.3 41.3 44.3 44.3 46.3

Solution PlatformsTurret Moored (TM) and Spread Moored (SM) Series

NOV has developed a series of industrialized FPSO hull concepts, upfront investing in engineering to the basic design level, creating a platform of repeatable solutions


The common technical documentation (philosophies, concept definitions) allows for multiple combinations resulting in different FPSOs to meets client´s demands – standard approach in engineering, reduced hours in future developments.

Platform of solutions

Ownership of Technology

Ownersip / control of fabrication (through own yards and alliances)

Control of the Supply Chain

INDUSTRIALIZATION

Eliminates traditional FEED processes

Reduced schedule

Reduced cost

Repeatability

NOV Industrialized ApproachCompetitive Advantage

HoneyBee TM650 solution

NOV then defined a basis of design encompassing a wide set of fields…

Europe and Africa offered 50% of global

HoneyBee opportunities in the short term

…and developed a robust and flexible

design

HoneyBee Basis of DesignMarket rationale: unlocking production through industrialization and redeployment


Oil production45,000 bpd @ 25 API(60.000 bpd @ 45 API)

Total liquid production 60.000 bpd

Produced water production 57.000 bpd

Gas production 90 MMscfd

Gas lift 30 MMscfd

Gas export 60 MMscfd

Gas reinjection 60 MMscfd

Treated seawater injection 80,000 bpd

Oil density 25 – 45 °API

1st stage separator operating pressure 10 – 25 barg

Arrival Temperature 30 – 100 °C

Production flowline design pressure 245 barg

Water injection design pressure 250 barg

Gas export design pressure 250 barg

Gas reinjection design pressure 345 barg

HoneyBee TM650

Basis of designRobust and flexibleIndustrialized and re-deployable


Flare

Gas Compression

Gas Dehydration

Fuel Gas Treatment

Crude Oil Separation and Stabilization

Produced Water Treatment

Seawater Treatment and Injection

Overall Process Flow Diagram

Crude OilSeparation

and Stabilization

Gas Compression

PWT

Gas Dehydration

Fuel Gas Treatment

Flare Gas Compression

Seawater Treatment and Injection10©2017 NOV | Proprietary and confidential.

M-01 Crude Oil Separation & Produced Water Treatment SystemM-01A Crude Oil Stabilization System

M-03 Gas Dehydration & Fuel Gas SystemM-04 Seawater Treatment & Injection SystemM-06 Metering Submerged Turret Production STPM-07 HP & LP Flare System Stern Discharge System SDSM-08 Chemical Injection System Lifting and Handling LHM-09 Utilities Flare FM-10 Piperack Aft Laydown Area LAM-11 Handling Equipment & Manifolding Spare area for process expansion SPR 1

M-11A Forward Laydown Spare area for utility expansion SPR 2

M-02 VRU & Reinjection Gas Compression SystemM-02A MP & HP Gas Compression System

M-05 Power Generation System

OFFLOADING, FLARE & METERING AREA

PROCESS AREA UTILITY, LAYDOWN AND STP AREALIVING QUARTER &

HELIDECK AREA

SDS

M-03 M-01

M-01AM-02M-02A M-04

M-0

9M

-08

M-1

1M

-11

A

M-05

STP

SPR 1

SPR

2LA

M-06

M-07

LH

LH

M-10

HoneyBee TM650

Topside Layout


HoneyBee FPSO solution for UKCS Clusters

Cluster 1 Design Premise


Information provided by OGTC

Fluid Properties

Field A 30°API, GOR 260 scf/bbl

Field B 35°API, GOR 220 - 360 scf/bbl

Existing Field 30°API, no significant gas volume

No significant produced water

Reservoirs pressure 170 bar

Reservoirs temperature 63°C

SCENARIO 1 SCENARIO 2

36,00033,000

19,000

11,3006,700 4,000

1,100

45,00042,000

27,000

17,800

11,7006,500

2,600100

0

10,000

20,000

30,000

40,000

50,000

1 2 3 4 5 6 7 8

Scenario 1

Scenario 2

Pro

du

ctio

n r

ate

(bb

l/d

)

Fluid PropertiesP Q & T R (HP/HT) S

API 40°API 40°API 40°API 40°API

GOR (scf/bbl) 260 1200 – 1400 280 360

Produced

WaterNo relevant amount

Water cut of 20% (Y2), 30%

(Y3) and 40% (Y4)

Reservoir

Pressure250 bara 250 bara 750 bara 250 bara

Reservoir

Temperature100 – 110°C 100 – 110°C 120°C 100 – 110°C


Cluster 2 Design Premise

Information provided by OGTC

34,000

21,700

10,900

4,9501,700

26,000

17,700

9,400

4,2000

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

1 2 3 4 5

Total production

Production without field R

Pro

du

ctio

n r

ate

(bb

l/d

)

Possible scenariowithout HP/HT field

Major Topsides Design Impacts

• Production ProfilesTo establish system design capacities

• Reservoir CharacteristicsFlowline design conditions

Pressure support requirements

Gas lift Requirements

• Fluid CharacteristicsGas Compression System Sizing/Specification

Gas Treatment

Power Generation / Heating

• Surplus Gas Routing OptionsExport/Import

Reinjection

Flaring


Design Premise Gaps

• Fluid CompositionGas Compression System Sizing/Specification

Gas Treatment

Fuel Gas Quality for Power Generation

• Surplus Gas Routing OptionsExport/Import

Reinjection

Flaring

HoneyBee TM650 topsides design is flexible to allow a solution to be developed for any scenario.

Reducing gaps will allow a more cost effective solution to be developed

16©2017 NOV | Proprietary and confidential. FPS Engineering and Technology Overview |

Challenges between clusters

• Production ProfilesStep changes in oil and gas processing capacity

• Reservoir CharacteristicsArrival Conditions

• Number of crude oil degassing stages

• Heating Requirements

Flowline Design conditions – higher pressure requirement on Cluster 2

Cluster 2 requires Gas lift (HP compression required)

Op�mal process solu�on for Cluster 1 ≠ Op�mal process Solu�on for Cluster 2

The objective is to find a common cost-effective solution to satisfy multiple Clusters.


Proposed Solution - NOV TM450 HB for UKCS clusters


Challenges using TM650 Solution using TM450

Production Profiles

Oil production – 60 kbpd vs 26-45 kbdGas Production – 90 MMSCFD vs 10-23 MMSCFD

TM450 design is a good fit for the analyzed clusters Oil production – 30 kbpd vs 26-45 kbdGas Production – 30 MMSCFD vs 10-23 MMSCFD

Fluid Characteristics

Cluster 1 – very low gas production – Gas Turbine for Power generation not economical

Replace topsides Gas turbine with Dual Fuel or Tri-Fuel Engine located in Aft Machinery Space

Reservoir Characteristics

Common ChallengeProducing HP/HT well in Cluster 2 – Shut-in Pressure would exceed maximum possible flowline design pressure

Common Solution Options

Install Subsea Over Pressure Protection systemRemove HP/HT well from Cluster 2

M-01 Crude Oil Separation & Produced Water Treatment SystemM-01A Crude Oil Stabilization System

M-03 Gas Dehydration & Fuel Gas SystemM-04 Seawater Treatment & Injection SystemM-06 Metering Submerged Turret Production STPM-07 HP & LP Flare System Stern Discharge System SDSM-08 Chemical Injection System Lifting and Handling LHM-09 Utilities Flare FM-10 Piperack Aft Laydown Area LAM-11 Handling Equipment & Manifolding Spare area for process expansion SPR 1

M-11A Forward Laydown Spare area for utility expansion SPR 2

M-02 VRU & Reinjection Gas Compression SystemM-02A MP & HP Gas Compression System

M-05 Power Generation System

OFFLOADING, FLARE & METERING AREA

PROCESS AREA UTILITY, LAYDOWN AND STP AREALIVING QUARTER &

HELIDECK AREA

SDS

M-03 M-01

M-02 M-04

M-0

9M

-08

M-1

1M

-11

A

STP

SPR 1

SPR

2LA

M-06

M-07

LH

LH

M-10

HoneyBee TM650

Topside Layout – Reduced Capacity


M-02A M-01A

M-05

OFFLOADING & FLARE AREAPROCESS &

METERING AREAUTILITY, LAYDOWN AND STP AREA

LIVING QUARTER & HELIDECK AREA

SDS

LH

LH

STP

LA

M-1

1M

-1

1A

M-01 M-04

SPR

2

M-0

8

M-1

1

M-03M-0

6M

-07

M-02 SPR 1 M-09LA

20

HoneyBee TM450

Topside Layout – Reduced Capacity & Reduced Modules = TM450OFFLOADING, FLARE &

METERING AREAPROCESS AREA UTILITY, LAYDOWN AND STP AREA

LIVING QUARTER & HELIDECK AREA

SDS

M-03 M-01

M-02 M-04

M-0

9M

-08

M-1

1M

-11

A

STP

SPR 1

SPR

2LA

M-06

M-07

LH

LH

M-10

M-02A M-01A

M-05

Transferable and scalable design using a flexible modular approach

©2017 NOV | Proprietary and confidential.

TM650

TM450

Solution Development

More data + better data quality=

more cost-effective solution

Quality data helps to

Maximise the number of fields which can be produced by the FPSO (maximise the operating envelope)

Develop a low CAPEX solution for Cluster 1

Make better informed design decisions to avoid costly retrofits when moving between fields (Reduce CAPEX for Clusters 2, 3, 4….)

The ultimate goal is to develop a safe, reliable, flexible and cost-effective HoneyBee FPSO solution to meet the needs of the industry



NOV FPSO – Contract Structure and Roles

DELIVERY ALLIANCE (Sembcorp, NOV, GE):

• Complete EPC delivery up to Final Acceptance:

– Uncompromising focus on safety and regulatory compliance

– EPC performance guarantees

• Industrialization and Standardization:

– Flexibility by design to simplify redeployment

– Improved economics and reduced delivery risk

• Strong project backing:

– A long term strategic initiative from world class industry players

OilCo

O&MBB

EPC

AEGIR

• Contracting party to OilCo

• Financing and ownership of the FPSO through an SPV

CLIENT

• Reservoir Management

• Installer of Turret Mooring System and SURF

PETROFAC

• Provider of O&M services and acting as Duty Holder if applicable

• Contracting party to the OilCo through O&M JV with Aegir