Umuroa FPSO sees first oil

The Umuroa FPSO began production on the Tui field in the Taranaki basin offshore New Zealand on July 30, 2007.

Offshore Staff

STAVANGER, Norway -- The Umuroa FPSO began production on the Tui field in the Taranaki basin offshore New Zealand on July 30, 2007.

TheUmuroa can process up to 50 000 b/d of oil, 118,000 b/d of water, and 120,000 barrels of total fluids per day. The vessel has a storage capacity of 773,000 bbl and a gas compression capacity of 25 MMcf/d. The vessel is turret moored in a water depth of 120 m (394 ft) using turret/swivel technology developed by Prosafe.

Prosafe converted a Suezmax vessel to the FPSOUmuroa, and was responsible for engineering, procurement, construction, installation, and commissioning. Prosafe holds an initial five-year operating contract with five additional one-year options.

Australian Worldwide Exploration Ltd. operates the field with 42.5% interest. Partners include Mitsui E&P with 35% interest, New Zealand Oil & Gas with 12.5% interest, and Pan Pacific Petroleum with 10% interest.

7/31/2007

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