AMOG recently surveyed# 31% of the FPSO Fleet (55 vessels) and identified 7 multiple line failure events, 35 single line failure events and 32 pre-emptive replacement events. About 1/3 of events resulted in production shutdown with one shut down incurring costs of over $US1 Billion.
AMOG would like to thank the many clients who joined us for refreshments last night after the APPEA conference. It was great to have the opportunity to unwind after a hectic day, enjoy some tasty canapes with a wine or beer or two, and have the opportunity to catch up in a relaxed environment.