Why Only Two FPSOs in U.S. Gulf of Mexico? by Peter Lovie
Peter Lovie traces the turbulent history of FPSOs in the U.S. Gulf of Mexico, examining with key insight the tumultuous events which have unfolded over the years: ambitious ventures, regulatory upheavals, the 2005 hurricanes which ravaged the oil industry, and more. With his vantage point as an industry insider, Lovie weaves a "hands-on" background to the current state of the oil industry.
More than 40 years have passed since the trailblazing Shell Castellon started operation as the first floating production storage and offloading (FPSO) unit in 1977. Ever since hundreds of these vessels have operated worldwide, and the oil industry has reaped their benefits. Despite continued international popularity and dominance, compelling advantages, and technological advancements, the adoption of FPSOs has faced a unique combination of challenges in the U.S. Gulf of Mexico, where there are now only two FPSOs despite it being the birthplace of offshore 70+ years ago.
Paperback edition signed by the author, Peter Lovie
As an active participant in the arduous process to getting the FPSO approved for use in the US GOM via the then Minerals Management Service I was totally amazed at the depth and breadth of the book authored by Mr. Lovie." --Allen Verret, "Father of the EIS," Retired Offshore Operators Executive Director