Norway-based technical adviser DNV GL launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an 'all subsea' solution. The report, released during this week's Underwater Technology Conference in Bergen…
Rystad Energy’s latest research indicates that 88 units within the floater market will have to be taken out between 2015 and 2017, making it the largest ever retirement cycle in the history of offshore drilling. Research shows that this…
Malaysia-based Bumi Armada Berhad awarded ABB a contract to supply electrical and automation systems for a floating production, storage and offloading (FPSO) vessel for a recently discovered oilfield off the coast of Angola. Bumi is reconfiguring the former Armada Ali supertanker…
The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain. The largest spend will be focused on offshore…
Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…
Alfa Laval, a provider of heat transfer, centrifugal separation and fluid handling solutions, won an US$10.2 million (SEK 85 million) order for separation modules. The order, booked in the Energy & Process segment, is scheduled for delivery this year…
Forty years ago this month (June), after a frenzy of exploration and something of a race to be first, first oil was produced from the UK North Sea. Opened by then-UK Energy Secretary Tony Benn, the Hamilton Brothers’ Argyll field beat BP’s Forties field to the post by just over three months…
Floating production vessel operator Bluewater has picked Strainstall to supply chain tension monitoring systems on the two vessels being used on Total's Kaombo development. Bluewater is supplying two floating production, storage and offloading (FPSO) vessels for the Kaombo development…
Apparently undeterred by low oil prices, oil and gas output from ultra deepwater (>1000m water depth) fields will continue the relentless growth seen in recent years. Image from Shell. In…
Against a backdrop of growing global activity, ocean thermal-energy conversion (OTEC) is increasingly attracting investment, with work underway to develop technical specifications. Martin Brown, convenor of the International Electrotechnical…
Jeannie Stell provides an update on BP’s partnership with Wood Group Kenny to design and manufacture an FPSO riser suitable for the “dark and stormy” weather at BP’s Quad 204 redevelopment. BP…
Statoil and ExxonMobil are seeking ways to develop the multi-trillion cubic feet of gas resources they have found in Block 2 offshore Tanzania. Elaine Maslin takes a look. If you speak Swahili…
Floating production unit operator BW Offshore has taken a hit in revenues and profits following a fatal fire on one of its vessel offshore Brazil. However, the firm says it will recoup its losses after the fire on the Cidade de São Mateus floating production…
Facilities service provider Petrofac has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s floating, production, storage and offloading (FPSO), the Armada Kraken. The vessel, a converted Suezmax ice-class tanker…
Transocean issued its May 2015 monthly fleet update summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the 16 April 2015 fleet status report…
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