Sustainability Performance of FPSO Recycling

The recycling of Floating Production Storage and Offloading (FPSO) units has become an important economic and environmental challenge as a growing number of offshore assets reach end-of-life. This study evaluates the comparative economic, environmental, and social performance of alternative FPSO recycling scenarios evaluated using a stochastic Monte Carlo simulation, focusing on five FPSOs that operated in Brazil and were scheduled for recycling either domestically or in Denmark. Twelve performance indicators were aggregated into sustainability indices using a Monte Carlo simulation with 100,000 iterations, enabling analysis of robustness and variability across ten recycling scenarios. The results indicate that Brazilian recycling scenarios (P-32 and P-33) outperform the Danish scenarios in terms of global performance, with Global Sustainability Index values predominantly ranging from 0.59 to 0.75, compared to 0.37 to 0.61 for the Danish cases. Differences in performance are mainly associated with towing distance, cost structure, and emissions. Social indicators show limited variability and act as a stabilizing component across scenarios. Plasma cutting presents slightly better environmental and economic results than LPG cutting, although it does not alter the overall ranking of scenarios. These findings support decision-making on FPSO recycling scenarios by highlighting the role of uncertainty and contextual factors, particularly in emerging recycling markets.