Did you know that many oil companies are using Jackups instead of Platforms as their “go to solution” for their Production Units Offshore?

By Sundy Srinivasan -COO.

Editor: Ravi Maini - Director of Operations & ZXR Tech

Design and Layout: Adriana González - Social Media  

MODU to MOPU

Why are they doing this? 

Simple. Because it makes sense.

Jackup to Offshore Installation - Photo Courtesy of HOEC

Jackups to LNG Facility - Photo Courtesy of NFE

Jackups to LNG Facility - Photo Courtesy of NFE

Whether it be a production unit for oil, gas, offshore LNG facility (both liquefaction or regassing), given the right water depth, a jackup provides many advantages over a fixed platform for such applications:

• Reduced CAPEX compared to conventional platform concept

• Topside Commissioning can be done during Conversion

• Reduced Installation Cost as Jack-up’s can “Self-Install”

• Minimal Cost for Decommissioning. Lower balance sheet impact.

• Jack ups can be jacked down and easily moved to a better location for the production unit in case of wells coming in higher or lower than expected

• Reduction of Field Development CO2 emissions compared to new build platform

MODU to MOPU

So, there you have it…. NOW, YOU KNOW.