FSO Orkid successfully received first oil

abarrelfullabarrelfull wrote on 23 Feb 2015 07:15

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At 09h35 on 25th March 2009, first oil successfully commenced pumping from Bunga Orkid-A platform to FSO Orkid in PM3 field located offshore Malaysia in the commercial arrangement area between Malaysia and Vietnam.

FSO Orkid is a large-scale project jointly deployed by PTSC and its partner MISC for Talisman Malaysia Limited, including but not limited to project management, engineering, procurement, construction, commissioning, transportation, hook-up, installation and operation and maintenance in the entire contract period of 10 years (with a 03 years extension option).

Being converted from an Aframax tanker with the total storage capacity of approximately 745.000 bbls, FSO Orkid is designed to remain in continuous service at the field for minimum 15 years without the need of dry-docking. She is capable of receiving continuous crude oil flow at up to 42.900 bbls per day and is capable of discharging produced oil at 14.000 bbls per hour to export tanker via a 10” oil riser and a 4” gas riser connected to the well head platforms through a supported mid-water arch and pipe lines. FSO Orkid is single-point moored at site by a mechanism of a turret hooked up with 9 mooring legs, each comprises of a chain and a pile driven into 30m deep below the seabed.

In this project, PTSC not only sends its technical specialists to HHME shipyard in Malaysia to manage and supervise the FSO conversion but also is fully in charge of transportation, hook-up, installation and operation and maintenance of the FSO. In addition, PTSC has finalized 02 contracts with the client for the provision of 02 support vessels to assist regular activities at site, with the firm periods of 05 years and 10 years respectively.

PTSC and its partner MISC has incorporated a Joint Venture Company namely Malaysia Vietnam Offshore Terminal (MVOT) in Labuan (Malaysia) to own and operate the FSO having the capital expenditure of more than 180 million USD. The time of successful first-oil achievement marks a milestone for Talisman Malaysia Limited to commence remitting payment to MVOT for the services provide. The turnover gained from this project is anticipated to be up to 450 million USD.

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