Malaysian FPSO leasing specialist Yinson has signed another short-term charter extension for the Lam Son FPSO offshore Vietnam.Yinson's Vietnam JV PTSC AP on Wednesday, January 15, entered into an eighth FPSO contract extension for the FPSO with PTSC…
Japanese companies have decided to proceed with the deepwater floating production, storage, and offloading system (FPSO) charter project for the Petrobras-operated Búzios pre-salt oil field located offshore Brazil.MODEC, Mitsui & Co., Mitsui O…
The owner and operator of floating production storage and offloading (FPSO) vessels BW Offshore has received a one-year contract extension for the lease of one of vessels from Vaalco Energy.The Oslo Stock Exchange-listed company said in a press…
MODEC Inc. received a letter of intent (LOI) from Petróleo Brasileiro for the supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel for the Búzios field.The firm time charter period of the contract is 21 years…
Malaysia’s floating production storage and offloading (FPSO) operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company Ltd (First E&P) have executed a contract for an FPSO to be deployed offshore Nigeria.The contracts worth $901…
MODEC has signed a contract for supply, charter, and operations of a floating production storage and offloading (FPSO) vessel with Brazil's Petrobras on 13 October 2017. The firm charter period of the contract is 21 years. The FPSO will be deployed at the Sépia field operated by Petrobras…
Seawater injection is one of the jigsaw pieces making up the subsea processing puzzle. Elaine Maslin reports on Saipem’s Springs technology. Springs, how it might look subsea. Image from Saipem…
Petróleo Brasileiro (Petrobras) started production from the Lula Sul field offshore Brazil with the P-66 floating production and storage offloading (FPSO) unit. Image from Petrobras Twitter. Lula…
French supermajor Total has started production from its Moho Nord deepwater development, 75km offshore Congo. The project, with 100,000 b/d capacity, is the biggest oil development to date in Congo and one of 10 developments Total is due to start-up in the next 17 months globally…
The P-66 floating production, storage and offloading (FPSO) vessel is on its way to work on the Lula Sul field, in Brazil's Santos Basin, after being delivered by Keppel Offshore & Marine subsidiary Keppel FELS Brasil SA's BrasFELS shipyard…
While the oil price has sucked much wind out of the sails of the FPSO industry, work must go on. And there are still quite a few projects lined up from 2016-2018. Infield Systems presents this list of conversion and newbuild construction projects…
TGS announced a new multi-client 3D seismic survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1000sq km of new 3D data to the existing 6268sq km of 3D data library in Sierra Leone. 'This survey…
New Zealand’s offshore exploration prospects have risen after a renewed interest in the region. Today, Shell New Zealand, and its partners OMV New Zealand and Mitsui E&P Australia, announced plans to drill an exploration well in Production Exploration Permit (PEP) 50119…
Total announced that Qatar Petroleum International (QPI) is now a shareholder of Total E&P Congo, holding 15% of its capital. The news follows a framework agreement that was previously signed in May. The US$1.6 billion increase of Total E&P…
Total E&P Congo awarded Technip an engineering, procurement, and supply contract for the Moho phase 1bis development as part of the Moho Nord project, off the Republic of Congo. Moho Phase 1bis development is a brownfield development…