No financing (for FPSO) required CAPEX risk (EPCI) is taken by contractor Obtain “life of contract” warranty on FPSO Payment of lease coincides with income from field Minimize expenditure (pay only for what is needed, during time needed) Residual value risk is taken by contractor Redeployment risk is taken by contractor
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No financing (for FPSO) required
Oct 22 10:15 am
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All Comments by Alan von Altendorf »Petrobras: Dead In The Water [View article]
CAPEX risk (EPCI) is taken by contractor
Obtain “life of contract” warranty on FPSO
Payment of lease coincides with income from field
Minimize expenditure (pay only for what is needed, during time needed)
Residual value risk is taken by contractor
Redeployment risk is taken by contractor