Floating Production Systems: Deepwater remote fields rely on floating production systems

06/11/2001
Floating production systems installed in deepwater and remote locations have proven to be a major breakthrough in offshore oil and gas production.This production technology has provided a solution to develop fields that otherwise would have been economically off limits to fixed platforms. Click here to enlarge imageFloating production, which dates from the mid-1970s, is now being used on more than 120 offshore fields. About one quarter of the units are operating off Northern Europe, another quarter off Brazil, and the remainder are mostly in the Gulf of Mexico, off China-Southeast Asia, West Africa, and Australia (Fig. 1).Floater comparisonThere are four basic platform options for a floa...
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