I cant see anything positive in the RNS,,,possible production in 2015 ?? that means a placing before december to pay off the loan for sure, any RBL will be for investment not paying debt, that looks like 30% dilution at todays price, who is going to invest knowing that could come ?
Yes you can drill, look at this lot c/w rigs as per pics, though Blue-Eyes images may be more like what XEL are thinking of. Point taken re proximity to a platform. Be very useful to park all the accommodation on the FSO. The newbuild in China UDW4 is also equipped to drill. Interesting concept if they can get hold of one of the right capacity quickly, really could simplify the production platform design and cost. Also, a j/u or floater could drill the necessary wells while waiting for this thing to arrive. Premier have one on the go, ditto Eni/Statoil for Barents Sea..
Studies carried out for clients has proved that the Sevan Marine cylindrically shaped floater can be safely moored in close proximity to a fixed platform.
This will allow for connecting the floater to the fixed platform with a telescopic bridge. For a field development with a fixed wellhead or production platform, capex and opex can be significantly reduced by bridge linking an FPSO or FSO to the platform.
In particular think about some of the longest lead items it looks like we might not be needing
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