【Ten Years of Rapid Development in Chemical Processing Equipment】From 1996 to 2023: Tianjin’s Production of Some of the World’s Largest Offshore Floating Production, Storage, and Offloading Vessels
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The chemical processing industry has seen significant development over the past decade; let’s celebrate the prosperity and strength of modern China. By contributing our ideas, we can foster more active participation from everyone. HaiChuan becomes even better with your involvement – we welcome everyone to join in the forum discussions. Everyone should focus on safety and know how to handle emergencies. ********************************************* On June 12th, the FPSO “SEPETIBA”, one of the largest of its kind in the world, completed all tasks related to module construction, connection, and testing. It was delivered at the dock of Tianjin Bomeike Offshore Engineering Co., Ltd. (hereinafter referred to as “Bomeike”), which is located in the Tianjin Port Free Trade Zone. The vessel will set sail for Brazil on the 15th. “The successful delivery of the “SEPETIBA” vessel is of great significance in promoting the high-quality development of Tianjin’s offshore engineering equipment industry. The ”SEPETIBA” FPSO is 333 meters long, 64 meters high, and 60 meters wide. The area of its main deck is roughly equivalent to that of 3.5 standard football fields. It has a fuel storage capacity of 2 million barrels, a dry weight of 93,000 tons, and a maximum displacement of 450,000 tons. It is capable of carrying out deep-sea operations in Brazilian waters at depths of up to 2,000 meters; it is truly a \"giant at sea.\" It is also the first ultra-large FPSO to be successfully delivered and exported from Tianjin Port. It is reported that the vessel “SEPETIBA” called at the BOMECO terminal in July 2021; BOMECO, as the general contractor, was primarily responsible for the construction of the upper modules of the vessel, as well as its hull integration, final assembly, and commissioning. As the first FPSO assembly project in the Tianjin area, its delivery will generate export revenues of nearly $1 billion, effectively filling the gap in FPSO assembly activities in this region.
In July 2020, a wholly-owned subsidiary of BOMAIKE Offshore Engineering Co., Ltd. signed a major contract! Tianjin BOMEC Offshore Engineering Co., Ltd. (hereinafter referred to as “Tianjin BOMEC”), a wholly-owned subsidiary of BOMEC Offshore Engineering Co., Ltd. (hereinafter referred to as the “Company”), has signed a construction contract for the upper module of an offshore Floating Production, Storage and Offloading (FPSO) unit with MODEC Offshore Production Systems (Singapore) Pte. Ltd., a subsidiary of MODEC, Inc. (hereinafter referred to as MODEC). Once constructed, this FPSO will be deployed at the Búzios oil field in Brazil for use by Petrobras. MODEC Offshore Production Systems (Singapore) Pte. Ltd. divided the aforementioned FPSO contract into two parts and signed them with Tianjin Bomeike. The details of the contracts are as follows: the contract for the construction of the upper module of the FPSO (signed on July 20), with a value of $77,633,800; converted at the exchange rate of 1 US dollar to 7.0043 RMB as of July 19, 2020, this amounts to approximately 544 million RMB. The contract amount consists of a fixed price component plus the amount calculated based on the currently estimated variable workload. The final contract amount shall be determined based on the actual amount of work completed, as confirmed by both parties at the end of the contract). The construction contract for the FPSO chemical skid was signed on January 2; the contract value is 15.865 million US dollars, which is equivalent to approximately 111 million RMB when converted using the exchange rate of 1 US dollar to 7.0043 RMB as of July 19, 2020. If there are subsequent changes to the project, the contract amount will change; the final amount shall be determined based on what is agreed upon by both parties at the end of the project). As for the impact of this contract on the company’s current performance, the signing of the aforementioned contract will help ensure a stable workload for the company, thereby having a positive effect on its performance in the current year and in future years. However, it is not yet possible to determine the exact amount by which the fulfillment of this contract will affect the company’s financial indicators. Regarding risks, the aforementioned contract terms clearly specify the scope of the contract, price, payment methods, delivery deadlines, etc. All parties to the contract possess the capacity to fulfill their obligations, and the risks associated with contract performance due to factors such as policies, market conditions, and weather are relatively low. Regarding the details of the contract subject, the aforementioned FPSO contract was signed in two parts with Tianjin Bomeike, as follows: the contract for the construction of the FPSO’s upper module, whose scope of work primarily includes the design, material procurement, and construction of this upper module. The FPSO chemical skid construction contract covers tasks such as the detailed design, process design, material procurement, and construction of the FPSO chemical skid. Once completed, this FPSO will be deployed at the Búzios oil field in Brazil for use by Petrobras.
After 18 months, on December 4, 2019, CNOOC Engineering successfully delivered the P-70, the world’s largest floating production, storage, and offloading vessel (FPSO) independently integrated by China, setting a new record for the delivery of ultra-large FPSOs worldwide. It is understood that the P-70 is 316 meters long, which is equivalent to the length of three football fields, and 74 meters wide. Its designed service life is 25 years, it can operate at depths of 2,200 meters. Its annual production capacity is equivalent to one-quarter of that of the Daqing Oil Field; it has a oil storage capacity of 1.6 million barrels, a natural gas processing capacity of 6 million cubic meters per day, and a maximum displacement of 350,000 tons – making it a true giant among offshore vessels. “The P-70 features a high degree of integration, involves substantial engineering work, has a tight project timeline, and complex engineering interfaces. Its deck is equipped with 17 functional modules, the heaviest of which weigh over 2,600 tons; these modules are responsible for processing oil and gas from the seabed, making it a highly integrated offshore oil and gas processing plant. Throughout the construction process, the “P-70” consumed 45,000 tons of steel. The length of cables laid reaches 1.5 million meters.
【Ten Years of Rapid Development in Chemical Engineering Equipment】968–2023: China’s first integrated land-sea intelligent \"offshore oil and gas processing plant\" was successfully delivered https://bbs.hcbbs.com/thread-3897653-1-1.html (Source: Huahai Chuanliu – Haichuan Network)