FPSO Stybarrow Venture MV16

  • FPSO
  • New-build
  • 825 m
  • Internal Turret
  • EPC
  • Lease
  • O&M
FPSO Stybarrow Venture MV16

MODEC operated the FPSO Stybarrow Venture MV16 in the Stybarrow field approximately 65 km from Exmouth, off the northwest Australian coast with approximately 825 m in water depth from November 2007 to August 2015.

This FPSO was capable of processing 100,000 barrels of liquids per day and a storage capacity in the order of 900,000 barrels.

The FPSO started oil production on November 11, 2007 and successfully completed the charter contract in August 2015.

Unit Name
FPSO Stybarrow Venture MV16
Field
Stybarrow field
Country
Australia
New/Conversion
New-build
Water Depth
825 m
Mooring Type
SOFEC Disconnectable Internal Turret
Storage Capacity
900,000 bbls
Oil Production
80,000 bopd
Gas Production
45 mmscfd
Produced water re-injection
110,000 bwpd
Client
BHP Billiton Petroleum
Contract
EPC + Time Charter
Scope of Work
Engineering, Procurement, Construction, Commissioning, Operation and Maintenance
First Oil
November 2007
Charter Period
November 2007 - August 2015
Current Status
Stand-by (MODEC owns)