SSS: Separate Storage Shuttling

Thursday, June 05, 2003

The advent of FPSO and Shuttle Tankers serving the deepwater fields of the Gulf of Mexico is drawing closer, as oil companies study the most economical means to move product from point A to B, particularly from remote and deepwater portions of the Gulf of Mexico.

The GOM region, which has one of the more complex subsea piping systems in the world, is ripe for the shuttle tanker solution as the search for oil and gas pushes further from the shore. The question then does not center on "if," but rather "when." American Shuttle Tankers (AST) is touting its S-S-S, or Separate Storage Shuttling solution. The system is unique in that it works with any floating production system — a key point given the fact that there are zero FPSO projects currently underway — including semisubmersibles, spars and Tension Leg Platforms. The system uses the production platform, a DPS enabled shuttle tanker alongside, which acts as a storage facility, and a shuttle tanker that is used to transport the production to market. While AST would have to build the transporting shuttles in a U.S. yard to comply with Jones Act regulations, it would employ Navion shuttle tankers as the storage and transfer units, which would not have to comply with Jones Act rules.

Employing DPS enabled shuttle tankers from the North Sea as an FSO in the S-S-S concept is truly a hinge to the project, as it allows the system to be functional much more quickly. In addition, the DPS capability allows for the elimination of permanent mooring, an estimated $80 to $100 million cost in some GOM deepwater regions estimates Peter M. Lovie, V.P. Business Development of AST.

As with many other great innovations, the driver behind SSS is money, specifically economizing the process of moving oil from production site to refinery. According to Lovie, direct shuttle loading in the Gulf of Mexico, sans FPSOs and taking into account the average production rate of 50,000 bpd for most offshore facilities, is simply cost prohibitive, with an estimated 10-day load period for 565,000 barrel shuttle tanker directly connected to a production source. The SSS solution allows for faster turnaround times for shuttle tankers transporting oil back to port, a turnaround measured in hours instead of days.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Damen Marine Components Opens Jiangyin Plant

Damen Marine Components (DMC) is proud to announce the opening of its brand new facility in Jiangyin, China.Those present at the opening ceremony included CEO

Statoil Picks MacGregor Mooring Systems for Hywind

MacGregor, part of Cargotec, has won an order for substructure connection mooring systems for the world's first floating offshore wind farm: Statoil's Hywind pilot park in Scotland.

Henriksen Unveils Strongest SOLAS Boat Lifting Hook

H Henriksen of Norway has received SOLAS certification for a new off-load single-point boat lifting hook capable of holding up to 22.5-tonnes. The quick release


Maersk to Idle Vessel

The world's biggest container-ship operator Maersk Line  has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits,

Russian Navy Trying Hard for Facelift

Official announcements related to naval shipbuilding give the appearance of a Russian Navy that is undergoing a rapid revival. However, the reality is that many

USNS Maury Completes Acceptance Trials

USNS Maury (T-AGS 66) completed Acceptance Trials, November 6, following a week of extensive ship tests and underway events, included testing of major propulsion,

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Salvage Ship Electronics
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0712 sec (14 req/sec)