The FPSO Cost Discussion
At first, the oil-price and project-cancellation forecasts had hushed the audience at FPSO Europe Congress 2015. Speaker No. 1 had delegates looking at each other for signs of fear. Then, rival contractors — veterans of many a bitter tender — piled on the logic of their own methods for cost-cutting in floating production storage and offloading projects. Rather than stamp out competing arguments, a relentless costs discussion had another, unexpected effect. It lifted the gloom and crystallized the opportunity at hand to engineer FPSO demand.
SBM Offshore to Employ Aspen Applications
Aspen Technology, Inc. announced that SBM Offshore has signed a multi-year license agreement to expand its use of AspenTech's engineering solutions. The new agreement provides access to applications including Aspen HYSYS and the Aspen HYSYS Upstream option which are key components of the integrated aspenONE for Oil & Gas solutions. SBM will use the applications to support the design and optimization of new and existing oil and gas production facilities. Earlier agreements were signed by several SBM Offshore Group companies - GustoMSC, SBM-Imodco and Single Buoy Moorings - in which they adopted Aspen HYSYS as their standard simulation platform.