SBM will supply, lease and operate a converted FPSO
The Fram field is located in United Kingdom continental Shelf (UKCS) including the Blocks 29/3c, 29/4c, 29/8a and 29/9c in the central North Sea, around 220 km east of Aberdeen, Scotland, UK, in a water depth of approximately 97 m.
These blocks are jointly owned by Shell and ExxonMobil with shared interest:
– Blocks 29/3c, 29/8a : Shell 28%, ExxonMobil 72%
– Blocks 29/4c, 29/9c: Shell 50%, ExxonMobil 50%
Shell will be the operator.
The Fram field is expected to produce during 25 years:
– 25 million Barrels (4 million cubic meters) of oil
– 420 billion scf (12 billion cubic meters) of gas
The Fram field will be developed via two sub-sea production well templates connected to a FPSO.
The FPSO will have facilities to treat the oil and gas production to export specifications.
The produced water will be disposed of via a single standalone produced water re-injection (PWrI) well tied-back to the FPSO with a dedicated flowline.
The oil will be exported via shuttle tanker, and the natural gas via a new 18 km pipeline connected to the existing Fulmar Gas Pipeline to the St. Fergus Gas terminal.
The Fram Project will include:
– Eight subsea production wells located at two drilling centers (DC East and DC West)
– Integrated interconnection flowlines between the two drilling centers
– Two towhead manifolds (one at each drilling center)
– Two midline structures.
– The FPSO
The FPSO processing facilities will be designed to treat at peak:
– 18,000 b/d (2,918 cubic meter per day) of oil
– 180 million cf/d (5,19 million cubic meters per day) of gas
Shell and SBM signed a Letter of Interim Award (LOIA)
In March 2012, Shell and SBM Offshore had signed a first Enterprise Framework Agreement (EFA) for a period of five years with the option of further five years extension for the supply, lease and operate globally a medium size FPSO.
In June 2012, Shell and SBM signed a Letter of Interim Award (LOIA) to allow SBM to start engineering, procurement and construction (EPC) of the FPSO in the meantime of Shell and ExxonMobil to make the final investment decision (FID).
SBM is planning to develop the Fram FPSO on a converted Aframax type tanker.
This FPSO will incorporate:
– An internal turret
– The mooring system
– The oil and gad treatment facilities
– The oil and gas offloading system to the shuttle tankers for the oil and to the Fulmar gas pipeline for the natural gas.
– The water injection equipment
SBM Offshore in brief
SBM Offshore is a leader in floating production and mooring systems, in production operations and in terminals and services.
SBM provides floating production solutions through the entire product lifecycle, from engineering, procurement and construction (EPC), installation, operation and relocation.
Since that time SBM has been involved in over 40 FPSO projects worldwide.
The leased production vessels currently includes 11 FPSO vessels in operation, with a further 3 under construction and 1 on standby.
With over 6,000 employees worldwide, SBM booked a record $ 16.9 billion orders in 2011 in a context where the demand for FPSOs will remain strong over the next few years.
To meet this growing demand SBM aligned seven new execution centers to ensure their full responsibility and accountability for their individual performance and for delivering improvements in project management and execution.
The increasing size and complexity of FPSOs underpins demand for SBM’s technical expertise and strategic partnerships to help finance the continuing growth of the lease fleet, and to develop the local content component of FPSO projects.
Shell and ExxonMobil are targeting the SBM FPSO to be completed on the forth quarter, 2014 with oil and gas production to reach its peak in 2015 and then to deplete according to Hubbert’s bell curves.