Large scale integrated projects are becoming increasingly common across the industry, requiring a complex series of multiple activities to be co-ordinated to reach a successful conclusion. Development of the Greater Plutonio project in Angola Block 18 required the construction of a world scale FPSO, similar to those used in other developments offshore Angola. Typically, similar projects have adopted an EPCI contracting strategy, where the FPSO is designed, constructed, installed, and commissioned under a single lump sum contract.
During the early stages of the Greater Plutonio project development, it became apparent that there were some potential disadvantages in this approach. In a number of cases, the design contractor who had been involved in the front end engineering design was not part of the successful bidding consortium, leading to a change of designer and associated rework. Additionally, there are a very limited number of companies capable of bidding and winning large scale, fully integrated FPSO contracts. At the time of bidding for the Greater Plutonio, a number of these companies were fully occupied in other oil industry work, which would have led to an uncompetitive bidding situation.
This paper describes how a different approach was used for the Greater Plutonio FPSO, unbundling the contracts into smaller packages which were tendered and awarded separately, which delivered a successful outcome.