Fso News

Drydocks Starts Conversion Works on Perenco's Brazil-bound FSO

Oct 05, 2021

DP World's subsidiary Drydocks World Dubai has started converting an Aframax tanker capable of carrying 700,000 barrels of oil to a Floating Storage and Offloading Unit (FSO) for Dixstone, part of Perenco.As part of the extensive modification and life extension work at the FSO Pargo project…

Gabon: VAALCO to Replace Etame Field FPSO with FSO to Lower Cost

Aug 26, 2021

Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon…

ABS Approves HHI's Design for Mexico-targeted FSO

Feb 11, 2021

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to South Korea's Hyundai Heavy Industries’design for a Floating Storage and Offloading (FSO) vessel that is planned for operations in Mexican waters…

Venezuela: PDVSA Starts Oil Transfer from Troubled Offshore Facility to Barge

Dec 16, 2020

Venezuelan state oil company Petroleos de Venezuela has begun transferring crude off of an offshore oil facility where governments in two neighboring countries have voiced concerns about a potential spill, two people familiar with the matter said on Tuesday…

Vietnam: FSO Golden Star Receives First Condensate

Dec 04, 2020

Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC)…

U.S. Tells Eni Repairs to Venezuela Floating Oil Facility Not Barred by Sanctions

Nov 03, 2020

The United States has assured Italian oil company Eni SpA that efforts to prevent a spill at a floating crude facility in Venezuela would not run afoul of sanctions, the company, and the U.S. State Department said on Monday.Images in recent…

PDVSA, Eni Looking at Options to Offload Oil from Idle FSO

Sep 03, 2020

Venezuela's state-run PDVSA and Eni are looking at options to safely offload crude from a floating storage facility on Venezuela's eastern coast that has remained idle for over a year due to U.S. sanctions, according to sources close to the discussions and a statement from the Italian oil company…

With Dampier Spirit FSO Set to Leave Stag Field, Jadestone Turns to Tankers

Sep 03, 2020

Oil and gas firm Jadestone Energy has signed new offtake arrangements for its Stag offshore oil field in W. Australia as the FSO used to take oil off the Stag platform is set to retire.Jadestone’s Stag oilfield produces crude oil via a fixed leg…

Equinor Extending Asgard C FSO Life until Sep 2028

Jul 01, 2020

Norwegian energy giant Equinor has been given regulator approval to extend the producing life of Åsgard C Floating Storage and Offloading unit in the Norwegian Sea.Under the approval granted this week by the Petroleum Safety Authority Norway…

CNRI Files Removal Plan for Two North Sea Floaters

Mar 31, 2020

CNR International (CNRI) has filed plans for the removal of the Petrojarl Banff FPSO and the Apollo Spirit FSO, from its Banff and Kyle fields in the North Sea. Apart from the two floaters, CNRI will also remove the associated risers and mooring systems…

Royal IHC inks Culzean FSO EPC

Oct 19, 2016

Royal IHC has signed a new contract for the engineering, procurement and construction (EPC) of a tandem mooring and offloading system for a floating, storage and offloading (FSO) vessel. Image from Royal IHC…

SPS used to repair FSO hull

Oct 19, 2016

Intelligent Engineering has seen its SPS repair system used on a floating storage and offloading (FSO) vessel offshore Cameroon.  The FSO Komi Kribi 1 (KK1), converted in 1977 from a VLCC and operated by ExxonMobil for Cameroon Oil Transportation Co…

SapuraKencana lands US$65 million in series of contracts

Sep 01, 2016

SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…

MISC inks Chevron Benchamas 2 work

Aug 23, 2016

MISC Berhad has entered the Thailand offshore oil and gas market after winning a US$230 million, 10-year deal with Chevron for the lease and operations of a floating storage and offloading vessel (FSO). MISC’s wholly-owned subsidiary…

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