Floating Production News


Jiangsu Strong Wind Shipyard Delivers ABS-classed Floating Production Unit

Aug 17, 2022

A floating production unit constructed by Jiangsu Strong Wind Shipyard (JSSW) to ABS Class has been delivered.The TRUNOJOYO 01 FPU is on charter to Husky CNOOC Madura Limited (HCML) from owner PT Timas Oceanstar Indonesia (TOI) and will be towed…

Petrobras Orders Giant $2.9B FPSO from Keppel

Aug 15, 2022

Brazilian oil company Petrobras said Monday it had ordered an FPSO from Keppel Shipyard, for deployment at the Búzios offshore oil field in Brazil.The FPSO, named P-80 will be the ninth unit to be installed in the field, and, according to Petrobras…

Jadestone Shutting Down Montara FPSO Output to Fix Tank Issues

Aug 12, 2022

Asia Pacific-focused oil and gas company Jadestone has decided to shut production from its Montara field FPSO in the Timor Sea, off Australia, to allow for repairs on a tank that leaked oil back in June through a 30-millimeter crack.While the…

Johan Castberg FPSO Suffered Minor Damage in Fire, Equinor Says

Aug 11, 2022

Equinor's Johan Castberg floating production, storage, and offloading (FPSO) vessel suffered only minor damage during a fire on Wednesday, and the project's timeline will not be affected, a company spokesperson said on Thursday.The vessel is under construction at a shipyard in western Norway…

Shell Hires Maersk Supply Service to Fix FPSO Mooring Lines in Brazil

Aug 11, 2022

Danish offshore vessel owner, Maersk Supply Service has won a contract with Shell in Brazil for the mooring line remediation of the FPSO Fluminense, located off the coast of Rio de Janeiro.The scope of the project includes remediation work on two of the Fluminense FPSO's mooring lines…

Fire Breaks Out Aboard Equinor's Castberg FPSO at Norway Yard

Aug 10, 2022

A fire broke out on Wednesday aboard oil major Equinor's Johan Castberg floating production, storage and offloading (FPSO) vessel, which is under construction at a shipyard in Norway, public broadcaster NRK reported.Workers were evacuated and there were no reports of injuries…

INPEX Files $970M Claim Against DSME for Ichthys Venturer FPSO Work

Aug 10, 2022

Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…

ExxonMobil Taps Acorn for EIA Work on Fifth Offshore Development in Guyana

Aug 09, 2022

ExxonMobil has hired Acorn International, an environmental and risk management consultancy with offices in Boston and Houston, to perform an Environmental Impact Assessment (EIA) and lead the public consultation program for the Uaru Project…

BW Energy Signs $300M Reserve Based Loan to Fund Work Offshore Gabon

Aug 09, 2022

Oil and gas company BW Energy has signed an up to $300 million international Reserve Based Lending (RBL) facility, to finance further development work in a block offshore Gabon.The facility has an initial commitment of $200 million which can be expanded up to an additional $100 million…

MODEC, Toyo to Form Engineering JV for Large-Scale FPSOs

Aug 08, 2022

FPSO leasing specialist MODEC and Toyo Engineering Corporation have executed a deal to form a joint venture company for the Engineering, Procurement, Construction and Installation (EPCI) business of FPSO vessels. The establishment of the joint venture company…

Shell Delays Prelude LNG Maintenance Due to Industrial Action

Aug 08, 2022

Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September because of industrial action at the site off northwest Australia.'As a result…

SBM Orders Seventh Fast4Ward Hull

Aug 05, 2022

Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024…

Equinor Makes Move on Rosebank

Aug 05, 2022

Norwegian energy company Equinor has taken a step forward with its Rosebank project in the UK North Sea by submitting key environmental documents. An Environmental Impact Assessment was submitted to the UK's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) on Thursday…

KOTUG To Support Liza FPSOs Off Guyana

Aug 05, 2022

KOTUG's subsidiary KOTUG Guyana has been awarded a second contract by ExxonMobil affiliate Esso Exploration and Production Guyana to support operations in Guyana. KOTUG’s latest addition, the 120 tonnes bollard pull strong SD Honour, will join…

Ping Names Avalon FPSO Excalibur

Aug 04, 2022

Malaysia's Dagang NeXchange Berhad (DNeX), via its subsidiary Ping Petroleum, has renamed its recently acquired floating production storage and offloading (FPSO) vessel to Excalibur.Previously known as the Sevan Hummingbird, the renaming ceremony was recently held in Port of Nigg…

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