Abstract
Abstract Low cost and high efficiency is a necessity for the offshore industry in response to the current low oil price. This paper presents case studies investigating the key factors of standardization and cost efficiency from the EPCI perspective for deep water offshore projects based on two semisubmersible floating production systems (FPS) recently installed and currently operating in the GOM. The philosophies used and methodologies applied in the engineering design, construction, and installation of both units will be reviewed through different stages of the projects. The paper presents how safety, standardization, operability and constructability were considered and prioritized in the projects from the concept through detail design resulting in cost and schedule efficiencies. Some special considerations and methods utilized during different design stages which facilitate ease of construction and installation are discussed.
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