Seatrium of Singapore has awarded the American Bureau of Shipping (ABS) a classification contract for two newbuild floating production storage and offloading (FPSO) platforms P-84 and P-85 which are scheduled for delivery in 2029.
These are the first FPSOs to be awarded following ABS and Seatrium’s Technology Collaboration Agreement (TCA), that aims to promote increased decarbonisation, digitalisation and innovation in the offshore industry.
Both FPSOs will incorporate technologies that aim to enhance operational efficiency and reduce environmental impact. Features will include zero routine flaring and venting, variable speed drives and measures to control emissions and capture CO2, including an all-electric concept, which focuses on efficient power generation and increased energy efficiency to achieve a 30% reduction in GHG emissions intensity compared to a design which does not include such technologies.
Christopher J Wiernicki, ABS Chairman and CEO said: “This is an exciting moment for the industry, and we are delighted to work with Seatrium on brand-new, state-of-the-art designs. The industry is going through tremendous change, and we are in a challenging market with limited supply and increasing demand for capacity. These new units are much needed assets that will be ready to meet the demand, support the energy transition and incorporate digitalisation.”
Seatrium and ABS will work together to propel digital collaboration across the offshore, marine, and energy sectors. The partnership is geared towards elevating lifecycle services for ongoing, completed, and upcoming projects by harnessing new technology. Through methodological enhancements and a data-centric post-construction approach, the collaboration will promote a shift towards a condition-based class methodology for floating production assets. This evolution is said to empower asset owners with data-driven insights, enabling targeted surveys on critical areas to boost operational uptime and streamline maintenance practices.
In addition, the partnership will see Seatrium and ABS pioneer innovative approaches to drive digital transformation and operational excellence. The ongoing joint efforts include performing joint trials and qualifying 5G-based remote inspection solutions for EPC and repair and upgrade projects in Seatrium’s yards globally to transform operational processes and enhance efficiency.
Seatrium CEO Chris Ong said: “This latest collaboration is part of Seatrium’s strategy to complement our product offerings with end-to-end digital solutions that meet the evolving needs of our customers globally. We look forward to working with ABS to leverage digital technology to develop innovative solutions that will help our customers optimize their operations, reduce environmental impact and drive long-term sustainable growth.”
Image: Representatives from ABS and Seatrium in Singapore for the contract signing (source: ABS)
