Hybrid lease of a FPSO

Asked by odadmin 6 years, 3 months ago | 1 Answers

Can somebody explain what is hybrid lease of a FPSO?


1 Answer

3
esjensen 6 years, 3 months ago

A hybrid lease of FPSO is a model that is able to switch between a traditional lease FPSO operations and the ability to partially lease and own. For example, the oil operator can exercise the option of leasing the FPSO for 5 year and then purchase after the lease expired.

A hybrid FPSO involves risk and financial sharing between oil operator and the FPSO contractor. The hybrid model should be evaluated based on each project and depending work scopes, and who is in the best position to manage it.

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