FPSO OSX-1 2Q Operating Efficiency at 98.5 Pct (Brazil)

FPSO OSX-1, the first floating production unit to integrate OSX’s fleet, an EBX Group company which provides solutions for the offshore oil industry, obtained an average operating efficiency of 98.5% in the second quarter of this year in the Waimea accumulation in the shallow waters of the Campos Basin (RJ).

This average represents an unprecedented operating efficiency level for an offshore production unit in its initial phase. The unit is currently connected to OGX´s two producing wells in the Tubarão Azul field, in the Campos Basin.

OSX-1 was built in Korea and customized in Singapore, at Keppel’s shipyard. It is 271,75 meters long, and has the capacity to store up to 900 thousand barrels of oil. The OSX-1 has been leased to OGX for a period of 20 years, and is operated by OSX through its subsidiary OSX Serviços Operacionais Ltda.

[mappress]
Offshore Energy Today Staff, July 31, 2012