Deep Panuke offshore Nova Scotia builds to full capacity

Offshore staff

MONACO SBM Offshore has completed debottlenecking EnCana’s Deep Panuke production platform offshore Nova Scotia.

The platform has reached full production capacity safely and has received a Production Acceptance Notice from the client. It is currently on hire and operating at the fully contracted day rate.

A review of decommissioning requirements for SBM’s FPSO Kuito and FPSO Brasil suggests the costs will be higher than previously estimated.

Two other vessels in the company’s fleet, the FPSO Falcon and VLCC Alba, have been laid up since 2009, and 2011, respectively. Potential sale prices may be impacted by stricter requirements concerning single-hull vessels with limited storage capacity.

12/18/2013

Deep Panuke Production Field Center
(Photo Courtesy EnCana)

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...