Floating Storage Unit News

 

Odfjell Oceanwind, Siemens Gamesa, Siemens Energy Collaborate on Floating Mobile Offshore Wind Units

Jun 18, 2021

Norwegian company Odfjell Oceanwind, which describes itself as the mobile offshore wind pioneer, has entered into a non-binding Memorandum of Understanding with Siemens Gamesa and Siemens Energy.Under the MoU Odfjell Oceanwind intends to use…

Senegal Gearing Up for first LNG-powered Electricity

Jun 17, 2021

Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said.The…

Market Signals Fast Rebound in Floating Production Orders

Apr 28, 2021

The deepwater market is rapidly returning to pre-COVID-19 activity levels, and the recovery appears to be gaining strength, according to a recent in-depth analysis completed by International Maritime Associates (IMA) and World Energy Reports (WER)…

BV Completes Classification of Ghana's LNG Floating Regasification Unit

Mar 22, 2021

Bureau Veritas (BV), a testing, inspection, and certification body, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana in sheltered waters.The unit is combined with a floating storage unit (FSU) for the delivery of gas to onshore consumers…

Bulgartransgaz Takes 20% Stake in Greece's Gastrade

Jan 28, 2021

Bulgartransgaz, the operator of the national natural gas transmission network of Bulgaria, has officially taken a 20% share in Greek company Gastrade that is developing an LNG floating storage and regasification unit (FSRU) offshore Alexandroupolis…

Wood Wins $75M Mariner Field Deal with Equinor

Oct 14, 2020

Engineering services giant Wood has secured a contract to support Equinor's operations at the Mariner field in the UK Continental Shelf (UKCS).Under the three-year deal, Wood will deliver operations, maintenance, modifications, and offshore…

Equinor Extending Asgard C FSO Life until Sep 2028

Jul 01, 2020

Norwegian energy giant Equinor has been given regulator approval to extend the producing life of Åsgard C Floating Storage and Offloading unit in the Norwegian Sea.Under the approval granted this week by the Petroleum Safety Authority Norway…

Oil, New Investors Keeping FPSO Market Buoyant

Jan 09, 2020

Rising oil prices are bolstering the numbers of floating production systems on-order or in the planning stage, with fresh orders from Northern Europe and Brazil merely adding to a buoyant market, a new report says.In the doldrums just a few years ago…

Mooring Change-out for the Alba FSU

Oct 23, 2019

Services firm InterMoor said it said it swapped out 12 mooring lines on the Chevron-operated Alba floating storage unit (FSU) currently moored in 140 meters water depth in the UK North Sea.The scope of the project included engineering, procurement…

Energean Power FPSO Floated Out

Sep 23, 2019

A timelapse video from Energean shows the floating production, storage and offloading unit (FPSO) Energean Power being built over 10 months and then floated out from a COSCO shipyard in Zhoushan, China.The FPSO, which floated out in mid-September…

Another Piece of the Puzzle

Sep 18, 2019

One of the missing links for some fully subsea production systems has been subsea storage, either for production fluids, later periodic offtake or production chemicals.NOV has been working on a gravity-based subsea storage unit (SSU), based on a design initially developed by Kongsberg…

Sembcorp Marine Reports New Contracts

Sep 02, 2019

Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades.THe company's Sembcorp…

Mariner Field Comes On Stream

Aug 15, 2019

Norwegian energy company Equinor and its partners have started oil production from the Mariner field in the UK North Sea, the operator said on Thursday.The Mariner field, located on the East Shetland Platform of the UK North Sea, approximately…

Floater Sector Active Despite Market Volatility

Jul 08, 2019

Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according to a recent report by World Energy Reports (WER).Brent oil, which had reached as high as the mid $70 range earlier this year…

Teekay Gets Refinance for FPSO Fleet

May 01, 2019

The international midstream services provider to the offshore oil production industry Teekay Offshore Partners announced  that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units…

Current News

BP-Eni JV Azule Inks Deal for Namibia Offshore License

BP-Eni JV Azule Inks Deal for

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

NSTA Awards 31 More Licenses i

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

Höegh LNG Strikes Deal to Depl

BW Offshore Concludes Sale of FPSO Polvo

BW Offshore Concludes Sale of

Subscribe for OE Digital E‑News

Offshore Engineer Magazine