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Floating Production Offloading (SPO) barge

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ID: 182992009
Quantity: 1 EA


All the items are "AS IS, WHERE IS". Buyer is responsible for shipping and handling.

Barge equipment is brand new (never used). Arctic exploration for gas & oil project was canceled 3 years ago.

Cost of dry dock to reactivating class is in the order of $300,000.00 USD. There is a local dry dock


# of Bids: 3 PLACE A BID
Asking Price: Please log in to view Asking Price.
Retail Value: $134,000,000.00
Claim Value: $14,000,000.00
Product Location: California, United States
End Time: Bid As Soon As Possible
Time Remaining: Bid As Soon As Possible
Market Maker: Victor Arria   +1868 3927304ASK A QUESTION

Seller Description


This Floating Production Offloading Barge  ­­­­­is no longer needed for company's own operation and is being sold as an asset liquidation for its owner.

Brage Class:A1 Floating Offshore Installation (FOI), Ice strengthening, Chukchi and Beaufort Seas Coastwise.

Mooring System. Eight point catenary spread mooring system with sheaves submerged below ice & ACE winches 

Cranes. Port side: Sparrows EC1000 (160,600lb capacity),  Starboard: Sparrows EC65 (22,000lb capacity)

High-Pressure Choke Manifold.  High-pressure choke manifold provides well intervention capability via a capping stack. Choke manifold can control flow of hydrocarbons directly from the well to the process and separte water, gas and oil. Gas  can be flare. Primarily designed for 25,000 bbl/day, 10,000psi capability.

Processing.  3 phase process separates water from gas and oil. Glycol process heaters provide heat to the process and a chemical injection system introduces anti-foam and demulsifying agents to the system.

Flare Boom. Flaring Capacity: 25,000 bpd of light crude oil, Flaring Time: continuous 45 days expected maximum
Water Curtain: 6,000 gpm water curtain to provide areas of safe thermal radiation levels

Testing. The system is the only existing “offset” deployment source control method, enabling vessel separation from source for shelf response. This equipment has been successfully proven in regulator attended exercises in 2013, 2014 & 2015. Water Run Test performed in 2014 successfully confirmed intake from Containment Dome pumps through the process facilities. Commissioning finalized in 2015 enabling the first US offshore Arctic drilling program.

The barge was never used, all equipment is brand new. The barge can work as:

Floating Processing Offloading unit (FPO); working couple with a tanker to add storage capacity.

As a Support to offshore oil/gas operation. The barge has quarters for 72 people (certify), 4.5 MW electric generation, ROV for 3000 meters, etc.

Quick response System.  The system is the only existing “offset”


Seller Terms

  • Salvex and the seller have the right to reject any and all offers.
  • This product is sold AS IS, WHERE IS.
  • Buyer is responsible for all taxes, duties, loading and freight charges.
  • Seller does not offer any warranties or manufacturer warranties.
  • Upon receipt of cleared funds, Seller will provide the Buyer a Release Order for item pick up. Title transfers from Seller to Buyer upon issuance of the Release Order.
  • It is Buyer's responsibility to verify quantities and condition at the time of pick up. Once the product has been removed from Seller's location, there will be no adjustments based on quantity or condition.

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