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

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...