Fossil Energy – FEED Study
Apollo announced the award of a contract from NEO Energy for a Front-End Engineering Design (FEED) study.
This crucial study will support NEO Energy’s planned redevelopment project in the Greater Buchan Area.
NEO Energy is embarking on an ambitious project to repurpose and redeploy an existing Floating Production, Storage, and Offloading (FPSO) vessel for their flagship project. The FEED study will play a pivotal role in this exciting venture.
The FEED study will cover asset repairs and modifications for the FPSO, as well as late-life extension procedures, from a process and marine perspective. In addition, there is a requirement for complex electrical infrastructure to be integrated into the vessel, ensuring the FPSO is ‘electrification ready’ and can accept power from renewable sources. This will support the asset’s long-term sustainable performance and align with emission reduction targets set out in the North Sea Transition Deal and the UK Government’s Net Zero Strategy.
