By OGJ editors
HOUSTON, Sept. 21 -- Compass Energy Group, an offshore engineering firm based in Singapore, purchased on speculation the semisubmersible production unit Petrobras XXIV to use for fast-track field development and offshore accommodation projects.
The 88-m long production unit was renamed the Molly Brown and is due to arrive in Singapore in mid-November. It was built as a drilling rig by Marathon Le Tourneau in Brownsville, Tex., and named Penrod 72.
In 1987, Placid Oil Co. converted it for use in Green Canyon Block 29 as the Gulf of Mexico's first floating production facility, moored in more than 500 m of water.
The Molly Brown has heated process facilities for up to 60,000 b/d, a gas export system, total power output of 8,000 kw, and accommodation for 94, upgradeable to 200. It does not require any major changes to the hull structure or the marine systems to continue serving as a floating production unit.