Umuroa FPSO sees first oil

July 31, 2007
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