SPE Technical Talk Disappointment to dollars: Minimum facilities floating concept unlocks marginal

This event is hosted with collaboration with SPE Imperial College of London Student Section.

The technical talk will present a breakthrough concept in marginal asset development. The Pivotree offshore production and mooring system integrates a subsea tree with a conductor-supported mooring to deliver 360-degree station-keeping for a Handysize FPSO in 50–1500 m water depth. By eliminating pipelines, fixed platforms, and traditional moorings, the concept targets step-change reductions in CAPEX/OPEX/ABEX and a simplified development footprint—improving viability for marginal and stranded hydrocarbon developments and certain offshore CCS applications.

Following full technology qualification from DNV in 2025, this talk will describe the system and present development scenarios illustrating economic and schedule benefits that can enable previously non-commercial resources to proceed.

Speaker:
Paul Howlett is the UK and Africa representative for Pivotree. He is a geologist and has worked on projects in the UK, Europe, Africa, and elsewhere in the world over the last 35 years, firstly for independents such as Monument, LASMO, Hunt and Paladin, and since 2007, as an independent consultant.

Location
Royal School of Mines (Room 1.47 Main Lecture), London, SW7 2AZ