As an FPSO moves through mid and late life, ageing equipment, declining production and rising costs can put otherwise valuable production at risk.
We help operators and asset owners identify what the asset needs to keep producing safely and economically, then develop a practical, capital-efficient plan to extend field life.
We assess the condition and performance of the FPSO, remaining field requirements and the constraints affecting production.
Our work can include:
We focus investment on the work that protects production, manages risk and supports the economics of continued operation.
Technical life is only part of the equation. Ownership structures, charter arrangements and operating costs established earlier in field life may no longer work as production declines.
Amplus combines engineering and operational experience with commercial expertise to assess whether a different ownership, operating or financing model could keep the field economic for longer.
For suitable opportunities, this can include revised ownership or leasing structures, lower-cost operations and maintenance models, investment or other commercially flexible arrangements.
Where the existing production solution has become too costly for the remaining reserves, Amplus can also assess whether a right-sized redeployed FPSO could provide a lower-cost route for tail-end production and extend economic field life.
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Amplus can provide an independent assessment or stay involved through planning and implementation, drawing on direct experience across FPSO operations, maintenance, asset integrity, modifications and mid-to-late-life project management.
Clients can appoint Amplus for a defined scope or retain the team to support delivery and operations.
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Amplus can also help clients plan beyond the current field, including further upgrades, continued operation under a different commercial model, asset transfer, lay-up or eventual redeployment.
This helps preserve asset value and keep future options open as the field approaches cessation of production.
Through its partnership with Finder Energy, Amplus is contracted to provide operations, maintenance and life-extension support for the Petrojarl I FPSO, alongside its wider role in field deployment.