MISC Berhad has started the conversion of floating storage, and offloading unit (FSO) Benchamas 2 in a ceremony at the MMHE West Yard, Pasir Gudang, Malaysia. FSO Benchamas 2 will be a conversion of the Bunga Kelana 5, previously operated by AET…
Start up on the Stella field will mark a step-change in operator Ithaca Energy's business, the firm said this morning. First oil on the field, due at the end of this month, will see the firm's production more than double to 20-25,000 boe/d and unit operating costs drop to under US$20/boe…
Teekay Offshore has been awarded new three-year shuttle tanker contracts of affreightment (CoA), plus extension options, with BP plc, Royal Dutch Shell and OMV Group, to transport the oil produced from the new Glen Lyon FPSO, which is part…
Novenco Offshore has signed a contract with Polish shipyard Remontowa Shiprepair Yard for delivery of HVAC Equipment for the conversion of the tanker Hanne Knutsen to FSO for the Martin Linge field. Total E&P Norway will rent the Hanne Knutsen from KNOT FSO 1…
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…
KNOT Offshore Partners announced that it has completed its acquisition of the ownership interests in the company that owns and operates the shuttle tanker Ingrid Knutsen for an aggregate purchase price of $115.0 million. KNOT has financed the purchase price with cash in hand…
On 5 January 2014, Euronav NV announced it would acquire 15 very large crude carriers (VLCC) from Maersk Tankers Singapore Pte Ltd. Today, Euronav said that eight of the VLCCs have been delivered in the first half of 2014. Deliveries…
An oil tanker exploded and sank off the coast of Himeji, western Japan, on 29 May 2014. The mid-morning explosion and fire aboard the 998 tonne fuel tanker Shoko-Maru sent towering columns of smoke into the sky. The ship is owned by Syoho Shipping Co…
Offshore grouting contractor FoundOcean has secured two contracts on the Solan oil field development west of the Shetland in the North Sea. The contracts, with Heerema Marine Contractors and Bibby Offshore,& cover structural grouting on the 8000-tonne Solan platform jacket and its 300…
FKAB China has won a design order from Shanghai Zhenhua Heavy Industry's (ZPMC) shipping arm for conversion of a 15-year-old afrmax tanker to a semisubmersible heavy lift vessel. After conversion, the heavy lift vessel will be able to transport container cranes…
Norway-based Odfjell SE signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd., of China, for construction of four 17,000 cbm capacity LPG/Ethylene gas tankers. Odfjell also secured various options for delivery of up to four additional tankers…
Drydocks World announced today that the world’s first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World – Dubai and was completed for Singapore based AET…
Teekay Offshore Partners is to provide a floating storage and offloading tanker to Statoil for use on the Gina Krog field in the Norwegian sector of the North Sea. The vessel will be a new unit, to be converted from the 1995-built shuttle tanker…
Transocean’s ultra-deepwater semisubmersible rig, Sedco Express (EXS), was working offshore Nigeria for customer ENI when it received news of a nearby fuel tanker on fire. What ensued that day showed the company’s core value of safety in action…
Understanding the environmental conditions at a site are important to determine when offloading operations need to be suspended or when an offloading tanker needs to be disconnected. BMT Argoss naval architect Wojciech Misiag explains why optimising…
