North Sea FPSO on Track for Deployment

Graphic for News Item: North Sea FPSO on Track for Deployment

FPSO Armada Kraken disclosed on Sunday that it is on track to deliver a Floating Production, Storage and Offloading (FPSO) vessel to Armada Kraken Pte Ltd, a wholly owned unit of Malaysia’s Bumi Armada Berhad, following the Saturday naming ceremony of the Armada Kraken.

The harsh-environment FPSO unit was designed for operations in the North Sea and built with a 25 year lifespan without dry-docking. It will be deployed to the Kraken field in the UK sector of the North Sea. The vessel is equiped to handle a peak fluid rate of 460,000 barrels per day (bpd), 80,000 barrels of oil per day, 275,000 bpd of wayer injection and 20 million standard cubic feet of has handling. The FPSO has a storage capacity of 600,000 barrels.

“We are happy to be entrusted by our long-standing client, Bumi Armada, to deliver its first FPSO unit to operate in the North Sea. The Armada Kraken project has further strengthened our track record in converting sophisticated FPSOs that are designed to operate under harsh-environment conditions,” stated Michael Chia, Keppel O&M managing director.

Leon Harland who is the CEO of Bumi Armada gave the following comment; “Armada Kraken marks Bumi Armada’s entry into the North Sea and it underscores our commitment to deliver a high quality bespoke FPSO, that is designed to meet the challenges posed by the North Sea’s harsh environment using proven technology, and incorporates a number of unique features to ensure a safe, reliable and economical operation,”

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