Project Profile
Value: US$2000 Million
Location: OML 113
FPSO capacity: 2.3 million barrels
Startup Year: 2010
In March 6, 2006, Syntroleum Corporation had signed a letter of intent to form a joint venture with Bluewater Energy Services B.V., intended to develop and finance the building of the world\'s first air-based gas-to-liquids (GTL) plant on an offshore floating production storage and offloading (FPSO) vessel that could also produce oil and offer storage capabilities. Products of the GTL process are clean transportation fuels ranging from diesel to jet fuel that can be readily used in the existing energy infrastructure A detailed feasibility study conducted by the companies had addressed a design of up to 17,000 barrels per day of Fischer-Tropsch (FT) products, 40,000 barrel per day of crude oil, and 10,000 barrels per day of condensate on a FPSO vessel, which would include around 2.3 million barrels of storage capacity. The GTL/Oil FPSO study follows Syntroleum\'s work with its GTL barge concept for shallow water. The airblown-reformer technology used in the design resulted in very large equipment throughout the process. Big Three shipbuilder Daewoo Shipbuilding & Marine Engineering had secured the work to build a GTL FPSO, which was expected to be completed by June 2016.
Operators:
Syntroleum Corporation
Contractors:
Bluewater Energy Services BV: Feasibility study & EPC