Aker develops new floating production concept for small fields

Oslo-based contractor Aker Maritime AS has developed a new floating production concept, known as Buoyform, intended for serial exploitation of small fields. Construction costs will depend on the type of fields to be developed, but Aker claims a Buoyform platform could be built in 23 months, for 500 million kroner ($70 million) less than a comparable semisubmersible or production ship. Buoyform consists of a moored subsea conical storage tank, on which is mounted a deck carrying a drilling rig, processing equipment, and quarters. With an 83 m diameter and 400 m draft, the Buoyform has smaller and calmer motions than either a production ship or semisubmersib...

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