The Inpex-operated Ichthys LNG Project cut first steel on June 18 for the hull of its floating production, storage and offloading (FPSO) facility in Okpo, Korea. With fabrication of the hull underway, work on all of the project’s major offshore facilities has commenced…
Total announced that its subsidiary, Total Upstream Nigeria Ltd. (TUPNI), operator of the OML 130 block, and co-venturers have obtained the necessary approvals from Nigerian National Petroleum Corp. (NNPC) to award the main EPC contracts to develop the offshore Egina field…
GE will supply Mitsui Ocean Development Engineering Co. Ltd. (MODEC) with four LM2500+G4 aeroderivative gas turbine packages for a new floating production, storage and offloading (FPSO) platform. The FPSO, owned and operated by MODEC, will be installed in 2…
The FPSO Cidade de Paraty went onstream, beginning commercial production in the Santos Basin Lula Nordeste pre-salt, Petrobras announced on June 6 2013. The Cidade de Paraty FPSO is the second unit deployed on the giant Lula discovery and is located approximately 300km off Brazil…
Just under two and a half years after coming off station in a storm, Maersk Oil's Gryphon Alpha FPSO has been brought back on production. The vessel, stationed about 280km north east of Aberdeen in the North Sea, has undergone a major overhaul in dry dock…
Brazil is a veritable diamond in the rough for foreign and local investors alike. Firms are investing in new centers of technology, fabrication, and worker training to alleviate the country’s skills and infrastructure difficulties. Brazil is very much the place to be at the moment…
Unasys, the North East England-based technology and project management provider to the energy and construction sectors, has signed a four million dollar contract with Technip US for Statoil’s Aasta Hansteen platform. As well as ePM, the Unasys project management CMS system…
Höegh LNG has received commitment letters from five international banks for a $299 million limited recourse facility for the financing of the LNG floating storage and regasification unit (FSRU) and mooring system to be located offshore Labuhan Maringgai…
This year’s OMC conference ‘Charting a course in a changing sea’ attracted more than 560 companies from 30 countries to Ravenna, Italy, for 26 technical sessions and 120 speakers. But the changing gas market was on everyone’s mind. US shale gas…
One of Jumbo’s heavy lift & installation vessels, the Fairplayer, is in Rotterdam preparing for a subsea installation project. Jumbo’s Fairplayer will be executing the installation of the mooring spread for the EnQuest Producer FPSO. This FPSO will be operating at the Alma and Galia fields…
Exploration is expanding from West Africa’s Sierra Leone to Namibia, explains Bruce Nichols, led by sustained high oil prices, improving technology, relative political stability and a more supportive operating environment. Cobalt’s potentially…
The FPSO market appears to be emerging from the economic downturn stronger than ever, with new project awards and forecasted capital expenditure expected to gain momentum throughout the next five years. While challenges certainly remain…
The Skarv FPSO is BP’s first Norwegian greenfield project since 2001. Elaine Maslin explains the details. Sitting just 50km from the Arctic Circle in 350-450m of harsh waters, the Skarv FPSO is a milestone for BP. It is the firm’s first…
Hyundai Heavy Industries (HHI) has announced it won a US$1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd. Hyundai Heavy will carry out engineering, procurement, and construction…
FPSO Cidade de Itajaí Petrobras began producing at Baúna field, in the southern Santos Basin, off Brazil. The FPSO Cidade de Itajaí, which arrived at the field in December, was connected to well 9-SPS-88. That well is estimated to produce up to 12…