The main turret bearing on a FPSO vessel seized and subsequently failed, resulting in the vessel being unable to weathervane. Production was resumed with a revised operating regime employing tugs to maintain a constant heading. Subsequently, the vessel was converted to employ a permanent spread moored configuration, fixing the heading of the vessel and installing an associated deepwater offloading buoy.

[ Property Damage $450 Million. Estimated Current Value $466 Million ]

Image credit: Tullow Oil