Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…
South Korea has become an international shipbuilding power-house – a name-plate for dozens of global mega-projects stretching from New Foundland to Australia. What is described as “the largest fabrication facility in the world” is in…
The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…
Ithaca Energy has completed a flow test on the fourth development well on the UK North Sea Stella field, hitting 12,005boe/d. The result takes the total field potential up to 45,000boe/d, exceeding the firm's 30,000boe/d annualised estimate for the field…
UK-based heavy oil explorer Xcite Energy has signed an agreement which could pave the way for a common gas export route for the Kraken, Bentley and Bressay heavy oil fields. The collaboration agreement is between with Statoil and a subsidiary of EnQuest…
Expro has landed a major subsea contract with BP for the Quad 204 project, west of Shetland in the UK North Sea. The seven-year multi-million dollar contract will see Expro provide its latest design vertical xmas tree landing string for the installation of BP’s subsea completions…
Suncor Energy resumed production at the Terra Nova oil field, located approximately 350km southeast of St. John’s, Newfoundland, Canada, the company reported on 3 September 2014. Production resumed following planned maintenance on the field’s FPSO facility…
Energy analysts Douglas-Westwood estimates in its World Floating Production Market Forecast that US$91 billion will be spent on FPSs during the period of 2013-2017. This marks a 100% increase over the previous five-year period, with the global CAPEX set to double…
In advance of OE’s 2014 Global FPSO Forum, Managing Editor Audrey Leon spoke with Peter Lovie, Senior Advisor, Floating Systems for Peter M Lovie PE, LLC, and program chair for Global FPSO Forum; Arjan Voogt, MARIN USA; and Bruce Crager, Endeavor Management…
Heat transfer, centrifugal separation and fluid handling firm Alfa Laval has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea for use on Total's Egina FPSO. The order, worth about SEK 240 million…
Kongsberg Maritime division Kongsberg Maritime Engineering (KME) has won a contract to deliver an integrated control and safety system for the new BW Offshore Catcher FPSO. The contract follows BW Offshore’s signing of a lease and operate…
Australia's Sunbird Energy has the final scoping report under review for development of the Ibhubesi gas project off South Africa's Atlantic coast. South Africa granted final approvals in June for Sunbird Energy's acquisition of Block 2A from Denver-based Forest Oil Corp…
Houston-based ABS has been selected to class the Remora HiLoad dynamic positioning (DP) BR loading unit, a second generation of the HiLoad DP system that connects to and keeps conventional tankers in position during crude oil offloading from floating production installations…
Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two FPSOs destined for the Kaombo development offshore Angola. The US$4 billion project for the FPSOs was awarded to Saipem by Total for the engineering…
ENI has confirmed a contract with Malaysia's Bumi Armada for an FPSO to be used on its deepwater East Hub field, in Block 15/06 offshore Angola. The contract, worth in total about US$3 billion, is a 12 year charter with eight yearly…
