MacGregor to furnish CNOOC with FPSO offloading systems

Marine cargo flow solutions provider MacGregor, part of Cargotec, has inked a deal to supply FPSO offloading systems for CNOOC’s redevelopment project in the South China Sea.

MacGregor informed on Tuesday that it was selected to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project, located in the east part of the South China Sea. The latest contract award follows the successful cooperation and delivery of the mooring system and riser pull-in system for CNOOC’s Lingshui 17-2 project.

Tor Eide, Vice President, Offshore Energy Solutions, MacGregor, commented: “During the past two years we have delivered the 16-point mooring system, the north and south modular riser pull-in system for the CNOOC Lingshui 17-2 project in the western part of South China Sea.

“Despite unprecedented challenges and difficulties caused by the Covid situation, our teams from China, Singapore and Norway worked together to achieve delivery punctuality and continuous responsive service, which was highly recognised by the CNOOC project team.”

Based on MacGregor’s latest statement, the order for two FPSO offloading systems was booked into Cargotec’s 2021 fourth quarter order intake, while the offloading systems are planned to be delivered to Offshore Oil Engineering’s construction site located in China’s Qingdao in January 2023.

Furthermore, MacGregor explains that its offloading systems will play a critical role in ensuring the safe and efficient discharge of oil from the FPSO to a shuttle tanker, as this is China’s first 60,000T cylindrical FPSO.

Moreover, the offloading systems will be customized to store either a 16-inch catenary hose or a 16-inch floating hose that allows the operator flexibility with shuttle tanker selection with the rated oil flow being up to 3600 m3/h for each offloading system.

The company further elaborates that the two sets of offloading systems share a common hydraulic power unit, with this redundant solution providing high-efficiency operation.

“Based on the trust gained and many years of excellent cooperation, we are proud to again have the opportunity to support CNOOC’s gas field development and make our contribution to the Liuhua 11-1/4-1 project,” concluded Eide.

When it comes to projects MacGregor won recently, it is worth noting that the company secured a hatch cover order for twelve 3,055 TEU containerships in November 2021. As previously reported, the new containerships form a part of Wan Hai Lines’ wider fleet renewal plan to meet growing market demand and increase efficiency.

It is also worth reminding that CNOOC revealed in January 2022 plans to increase oil and gas production in the next three years within its 2022 Business Strategy and Development Plan while encouraging green energy transition initiatives.

In line with its plans to ramp up production, the firm plans to drill 227 offshore exploration wells this year along with 132 onshore unconventional exploration wells and acquire approximately 17 thousand square kilometres of 3D seismic data.