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    CNOOC selects APL SPM for PANYU FPSO

    News // February 15, 2002
    China National Offshore Oil Corporation (CNOOC) subsidiary China Offshore Oil Nanhai West (CONHW) has awarded Advanced Production and Loading AS (APL) an EPCI contract for the Single Point Mooring (SPM) system to the PANYU FPSO. APL will supply an STP system for permanent mooring of the FPSO for the field lifetime of 10 years.

    The PANYU field will be operated by Devon Energy China Ltd. The FPSO will be constructed and operated by CONHW. The Panyu 4-2 and 5-1 oil fields are located in the South China Sea approximately 200 km South of Hong Kong in the Pearl River Basin. Panyu 4-2 is located approximately 19 km west of Panyu 5-1.

    The FPSO vessel is a newbuild, a 160,000dwt vessel that will be moored in a passive mode. The mooring and vessel are designed to withstand the 100-year typhoon of 13.1m significant wave height and wind speeds up 200km/h.

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