Floating Production News


Greater Stella remains on track

Oct 06, 2016

Ithaca Energy is edging closing towards first oil from the Greater Stella Area Development in the UK North Sea.  First oil, from the FPF-1 floating production unit, is scheduled for next month, as planned.  The unit set sail from Poland in August and was safely towed to location…

Video: Aker debuts Lean Semi concept

Oct 05, 2016

Aker Solutions has introduced a new lighter weight and faster to deliver semisubmersible platform that will help producers unlock more marginal oil and gas fields in harsh environments across the globe. Lean Semi…

Keeping cool, cutting costs

Oct 01, 2016

Scope reduction has been the key focus on Statoil’s Johan Castberg floating production project. Elaine Maslin reports. An illustration of the Johan Castberg field layout. Image from Statoil.  Statoil’s…

Exmar FLNG unit completes testing

Sep 28, 2016

Exmar's barge-based FLNG unit, at one time meant to operate off the coast of Colombia, has completed performance testing at Wison Offshore & Marine's Nantong, China yard, the engineering firm announced on 27 September. While the deal…

Goliat resumes production

Sep 27, 2016

Production has resumed at the Goliat field early Tuesday morning (27 September), in the Norwegian Barents Sea, according to operator Eni Norge. Eni says full production is expected to be reached shortly, with full reinjection of gas and produced water…

Tullow confirms Jubilee insurance cover

Sep 23, 2016

Tullow Oil says its hull and machinery insurance cover has been confirmed for the floating production, storage and offloading unit Kwame Nkrumah by its reinsurers, following the failure of the turret bearing earlier this year. Tullow first experienced issues at the FPSO…

EnQuest Delek deal falls through

Sep 15, 2016

UK independent EnQuest's proposed deal with Delek Group over the sale of a stake in the Kraken development in the UK North Sea has fallen through. EnQuest said the two parties had been unable to reach an agreement and discussions have been terminated…

Kvaerner wins more Njord A work

Sep 14, 2016

Statoil has contracted Kvaerner for works including preparation and docking of it Njord A semisubmersible production facility under a project framework agreement (PFA) for the upgrade of the facility.  The call-off work has an estimated value of US42…

Endeavor opens FPSO best practices JIP

Sep 12, 2016

Endeavor Management has opened participation in its latest joint industry project (JIP) – Best Practices for the FPSO Industry. Image of the Cidade de Marica, from SBM Offshore.  In today’s price environment…

Goliat to remain shut down

Sep 09, 2016

Eni Norge’s management has decided to keep the Goliat field shut down until “measures are implemented and its platforms can be operated prudently.” Goliat. Image from Eni Norge. The…

Kraken FPSO costs cut further

Sep 08, 2016

North Sea independent EnQuest has cut the cost of its Kraken heavy oil development in the North Sea by a further US$150 million, thanks to progress on the drilling campaign and subsea workscopes.  The cost of the development, which will see a floating production…

GE inks FPSO deal with MODEC

Sep 06, 2016

GE Oil & Gas has signed a major agreement with MODEC, an owner/operator and engineering, procurement, construction and installation general contractor of floating production systems including floating production storage and offloading (FPSO)…

Shell brings Stones online

Sep 06, 2016

Supermajor Shell started production from its Stones development in the deepwater Gulf of Mexico, the firm reported on 6 September 2016. The field’s FPSO, Turritella, is the deepest floating production unit in the world, operating in 9500ft of water…

Sevan FPSO potential for Wisting

Sep 05, 2016

Norwegian floating production firm Sevan Marine has been awarded a study to evaluate use of its cylindrical hull design for use on the Wisting field, the northernmost oil discovery offshore Norway. OMV is screening various floating alternatives…

Chevron marks first gas from Bangka, Indonesia

Sep 02, 2016

Chevron has achieved first gas on the Bangka field development project, the first stage of the Chevron-operated Indonesia Deepwater Development (IDD) project in East Kalimantan, offshore Indonesia. The Bangka Project includes a subsea…

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