amplus fast facts - amplus energy - unlocking positive energy
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AMPLUS Fast Facts
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Established 2008
Highly experienced management team
Deep understanding of field development life cycle
Innovative new production solutions to access previously uneconomic or stranded reserves
New Versatile Production Unit (VPU) evolved from existing proven Floating Production Storage & Offloading vessel (FPSO) technology combined with dynamic positioning
Ian HerdManaging [email protected]
In 2008 I co-founded AMPLUS. Prior to this I was the Managing Director of Integrated Subsea Services Limited (ISS), which I co-founded in 2002.
Between 1998 and 2002 I worked for DSND, first as Operations Director and then as Managing Director. Previously, I was with Subsea Offshore Limited for 17 years, where I worked my way up through the organisation in a variety of roles.
Having spent 30 years in the international oil and gas industry, I can help give AMPLUS and our clients a unique strategic advantage due to my expertise and experience in the subsea services market.
Stewart Risk Technical & Safety [email protected]
I’ve been a director of AMPLUS since it was founded in 2008, and in my current role as Technical & Safety Director, it’s my responsibility to ensure that the assets being developed are fit for purpose.
I’ve worked as a consultant and advisor with companies including Shell and with Helix Well Ops on vessel compliance assurance. I was also Vice President of Subsea 7 and President and Managing Director of Subsea Offshore and DSND Subsea Limited.
With nearly 40 years experience in the industry, I’ve gained the knowledge, experience and expertise to ensure we provide safe, reliable and compliant operations.
Management Team
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Norman Wood Financial [email protected]
A founding shareholder of AMPLUS, I was also responsible for Finance, Tax and IT for major upstream subsidiaries of TOTAL in the UK, Colombia and Norway for almost 30 years.
I also served as Interim CFO of Ithaca Energy for a significant period of its development.
Nigel Cheshire Health, Safety, Environment & Compliance [email protected]
I’ve worked in the oil and gas HSE sector as an advisor and manager since 2005. As a senior HSE Advisor, I’ve worked with service companies and operators worldwide, and advised UK authorities on safety case development.
Previously, I worked in a diverse range of sectors including Telecoms, Construction and Financial.
Management Team
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MissionTo turn uneconomic oil and gas resources into positive reserves by providing innovative and cost-effective solutions.
Vision To build a world-class fleet of VPUs to serve the needs of the oil and gas industry worldwide.
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SafetySafe, reliable and compliant operations that do not cause harm to people, the environment or assets.
IntegrityTrusted knowledge, experience and expertise, ensuring we deliver on our promises.
Versatility The ability to adapt to situations and meet the changing needs of our clients.
InnovationCreative, progressive solutions evolved from proven technology.
ReliabilityDelivery of projects on schedule, within budget and without risk to people, environment or assets.
Values
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“ The safety of a vessel and her crew is the sole and inescapable responsibility of the owner, or owner’s representative, the captain.”
John Paul Jones (1775)
North Sea EconomicsThe North Sea oil and gas market may be relatively
mature, but it remains an exciting prospect. It may be smaller and more technically challenging than in previous years, yet new fields and discoveries are still being made.
In response to this, the business environment of the North Sea has changed. Global players are still operating, although they are doing so with less available capital. This has resulted in an increasing number of smaller independent operators establishing a significant presence. These operators tend either to develop the smaller, more technically challenging marginal fields or take over assets nearing the end of their life.
Whether global or independent, the focus for these companies remains the same; maximising recovery and revenues. The application of new technology - as well as new approaches to field and well management - is vital to this endeavour.
Marginal field/early production by FPSO is not a new concept: BP first brought it to market in the late 1980s with the commissioning of the Seillean Dynamically Positioned (DP) Production Vessel. However, using DP3 technology coupled with either a rigid riser concept or a Disconnectable Transfer System for flexible riser, we at AMPLUS have adapted and evolved the technology
to provide an accurately positioned and stable platform. The Versatile Production Unit (VPU) boasts enhanced environmental performance, efficiency, production and functional capability, and allows operators to gain access to reserves that were previously uneconomic or stranded. The VPU also enables early production on large field developments.
With minimal subsea infrastructure requirements (which can be costly, challenging to install and expensive to remove), the AMPLUS VPU reduces front and tail end capital requirements. The vessel’s DP3 technology and rigid riser system also means that it’s suitable for operating in different water depths and varying time periods. Very short production durations can de-risk both small and large projects by providing early production and an early revenue stream for clients.
High value production helps self-fund project development. Coupled with our contracting strategy, this reduces major financial commitments to ‘risky’ reserves, which may not produce as predicted over the long-term. If necessary, it’s possible to leave a production tree in place and return at a later point, allowing the financial community to evaluate reserves prior to full field development capital sanction.
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“ The North Sea oil and gas market may be relatively mature, but it remains an exciting prospect.”
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Ian Herd, Managing Director
AMPLUS Economics
Larger number of smaller operators developing fields with less available capital
Global players also have less capital available and are looking to maximise their return on investment
Versatile Production Unit that reduces front end and tail end capital requirements
De-risks both small and large projects by providing early production
Ability to leave a production tree and return
Minimises seabed infrastructure which is costly, challenging to install and expensive to remove
Contracting strategy reduces major up-front financial commitments to production facilities on “risky” reserves that may not produce as predicted long-term
High-value production component assists in self-funding project development
Early revenue stream for clients
Provides financial community with due diligence tool to evaluate reserves prior to sanction of full field development capital
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Dimensions Length: Breadth:Depth:
153 metres29 metres18 metres
AMPLUS Versatile Production Unit (VPU)
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Power & Propulsion:5 x Diesel alternator1 x turbo alternator6 x 2.5 MW Azimuth thrusters
Transit speed:10 – 15 knots
Positioning:Class 3 DP
Accommodation & facilities for 65 personnel
Deep-water capability
Storage capacity:112,000 barrels
Production capacity:3,000 – 20,000 BPD
Deck & Equipment:Derrick & handling system for rigid riserLarge moon pool for riser deployment22 metre CAP 437 helideck (S92)
Craneage: 1 x 30t active heave compensated subsea rated crane1 x 10t crane
Versatile Production Unit is an evolution of proven FPSO, Rigid Riser Tower, Flexible Turret Buoy and DP technology
Suitable for harsh and deep water environments
Newbuild technology ensures increased efficiency
Class 3 DP maximises station keeping and reliability
Process system can be readily adjusted to suit customer requirements
Ability to export gas through turret buoy if required by client
Subsea system designed for routine connect/disconnect
Riser system can be configured for either flexible or rigid risers
Flexibility to produce and allow access for drilling development wells without mooring clashes
AMPLUS VPU Concept
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Our team took existing technology and set about adapting and evolving it, resulting in a vessel uniquely capable of developing marginal fields and recovering stranded oil reserves.
The double-skinned new-build VPU is designed to be as efficient as possible, while satisfying new maritime legislation.
Class 3 DP technology ensures maximum station-keeping, safety, integrity and reliability. The vessel is suitable for both deep-water and harsh environments and can be mobilised worldwide.
The VPU has an independently-installed processing system designed to allow modifications in response to specific client needs. A specially-designed rigid or flexible riser system allows easy deployment at low cost.
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Maximum production time is achieved through a specially designed rigid riser system which uses a high angle disconnect unit. This allows self-deployment and easy well connection/disconnection.
The patent pending Versa-Hub™ subsea connection system provides a unique mechanism for rapid connection and disconnection, riser foundation and the receiving and distribution manifold system. This provides significant advances in design and functionality over existing systems, and the ability to easily incorporate additional service lines for power, signal and fluids.
Rigid Riser System
This system has major advantages over conventional turrets: in extreme conditions it is possible to undertake a planned or emergency disconnect, which can be achieved in under 30 seconds thereby protecting the subsea infrastructure.
If major system modifications are required during the life of the field it is simple to disconnect from the subsea facilities and bring the vessel to harbour to conduct modification under controlled conditions with full onshore support. This provides significant savings in areas including: offshore personnel, as well as fees for a helicopter and supply vessel; all maintenance can be carried out without costly IRM programmes.
The turret is designed to accommodate 6x6 inch production risers and 3 control umbilicals. The VPU is designed to lift the flexible risers and control umbilicals from a pre-agreed laydown area on the seabed. The vessel retracts the flexible risers and umbilicals for connection through the turret buoy, eliminating costs for a Diving Support Vessel, whilst protecting the flexible risers and umbilicals from damage.
Disconnectable Transfer System (DTS)
Unlocking Positive EnergyWhether it’s early production, marginal field development or
unlocking stranded reserves, the economics and opportunities are now unlimited.
There’s nothing experimental about our VPU concept – all the component technologies are proven. It’s the combination and evolution of these technologies that make our VPU revolutionary.
Challenges traditional thinking but is not experimental
Utilises readily available components
Reduces requirement for subsea infrastructure
DP removes requirement for moorings
Simple Hook-up
Safe, reliable and compliant operations
Innovation without the risk
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The Amplus VPU is designed to reduce risk, achieve early production, and lower both CAPEX and OPEX.
Registered Office: 45 Cairnfield Place Aberdeen Scotland AB15 5LX UK
UK Registered in Scotland No: SC 344539
www.amplus-energy.com
119 Grandholm DriveAberdeenAB22 8AEScotland UK
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+44 (0)1224 [email protected]