Petrofac inks FPSO Angola contract

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Petrofac inks FPSO Angola contract

Petrofac has been awarded a three year contract to provide a condition monitoring programme for Bumi Armada’s Olombendo floating, production, storage and offloading (FPSO) unit bound for offshore Angola.

As a certified American Bureau of Shipping (ABS) Recognised External Specialist in Condition Monitoring and Mobius Institute Board of Certification training partner, this contract builds on the extensive track record Petrofac has developed through its asset management team in supporting FPSO requirements.

Currently under conversion in Singapore, FPSO Olombendo will be deployed to the Eni field 15/06 East Hub field development towards the end of 2016.

The scope of work will include the implementation of the condition monitoring programme, training, an ABS initial submission report, monthly vibration and lube oil analysis, risk based reporting and hardware and software support through Petrofac’s proprietary CBMnet system.

Petrofac has more than 10 years of specialist asset management experience in engineering, operations, maintenance and integrity, supporting the systems and processes that influence performance on a diverse range of assets, from offshore installations and associated infrastructure to major processing facilities and LNG plants.

Steve Johnson, Vice President Asset Management, Petrofac Engineering & Production Services, said: “We will work in alignment with Bumi Armada to transition the current maintenance strategy on-board the FPSO from preventative to predictive. Through this change we will actively monitor and measure asset-specific variables that can impact and disrupt performance.

“Our CBMnet system will work in parallel to support the programme, providing recommendations that will optimise maintenance activities to increase overall asset reliability and achieve maximum production.”

This award builds on a contract secured in May 2015 from Bumi Armada to provide a maintenance management system for the Armada Kraken FPSO, deployed in the East Shetland basin.

CBMnet is an internet-enabled management reporting system that provides clients with the ability to optimise maintenance and manage the risk to delivery of their business objectives through the assessment of critical rotating machinery condition. The system is hosted securely online and managed by Petrofac’s in-house team. It has provided support for over 92 facilities across 15 countries.

Source: www.petrofac.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.