FPSO Solutions
The EPC process for an FPSO should be simple:
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Engineer – Pre-FEED, FEED and Detail Engineering.
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Procure – Order equipment and materials based on engineering.
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Construct – Modules, Convert or New Build Hull & Marine Systems, Lift modules, Integrate, Commission, Install at site.
But of course its never that simple!
Why are so many FPSO Projects Late & Over Budget?
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The E & P & C is not executed in nice easy sequence.
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The schedule “sold” by the bid team is usually unrealistic – the idea is to win and then manage the execution.
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The “Pre-FEED” executed for the bid is usually executed for bid in a short time-frame.
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Usually a new team executes after award with new people presenting new ideas.
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“Design Freeze” is not implemented effectively so change control is an issue.
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Equipment and materials ordered ahead of fixing the design can lead to otherwise avoidable changes.
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Vendor performance in recent years results in delays and quality issues.
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Engineers neglect to ask/get vendor information early resulting in more changes
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Recent trend to award “EPC” modules to equipment suppliers generally fail due to lack of experience by suppliers.
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Lack of experience in the industry
DPS's specialist FPSO design and project management team
have significant global experience on over 25 different offshore projects. This includes project management at the highest level, project oversight teams focusing on contracts, cost control and HSE, full design engineering and construction and commissioning management to operational readiness teams.
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Whilst experience is essential, the ability to manage change throughout the project is often the difference between its success or failure. Change is inevitable so must be dealt with expediently and with as little cost impact as practicable.
The Management of Change (MoC) process can be complex or simple but ultimately, the bottom line is that simplicity works & complex doesn’t. By following some fundamental rules DPS can ensure that the impact of change will be minimal.
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Allowed Changes
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Equipment, system or procedure is unsafe
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Equipment, system or procedure does not work
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Change in applicable rules, regulations, standards, etc.
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Disallowed Changes
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Function or operational improvement/optimisation
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Cost savings on equipment or systems
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DPS understands that executing a FPSO project is not easy and it takes experience, an effective organization, quality engineering, good planning, planned MoC process, effective communication and most importantly it takes a great team, one that we can bring together to create project success.