UK-based consultancy Crondall Energy has been awarded a contract with a consortium of Aker Solutions and Subsea 7 for the Ophir Energy Fortuna Project in West Africa. The award is to provide technical support to the competitive upstream…
Japan's INPEX has submitted a revised development plan for the Abadi LNG project offshore Indonesia. Inpex says greater volumes of gas than thought have been confirmed, leading to a larger floating liquefied natural gas (FLNG) proposal now being developed…
Husky Energy has reported a major hydrocarbon gas release from subsea equipment on its White Rose development. According to the Canada-Newfoundland & Labrador Offshore Petroleum Board (C-NLOPB), the release happened on 31 August from…
Hurricane Energy has proven commercial oil can flow from its fractured basement oil reservoirs West of Shetland – it’s next job is finding an economical solution to get it to market. Elaine Maslin reports. Artist's…
In advance of OE’s 2015 Global FPSO Forum, in Galveston, Texas, Audrey Leon speaks with the event’s co-chairs – SBM Offshore’s Jim Wodehouse and Endeavor Management’s Bruce Crager – to discuss topics affecting the FPSO sector. Shell…
Spending on floating production systems is expected to increase 73% in 2015-2019, with US$81 billion due to be spent over that period. Douglas Westwood analyst Ben Wilby sets the scene. BG Group’s Knarr FPSO…
Global FPSO orders have fallen off a cliff in 2015. But, SBM Offshore is weathering the storm and there’s more to the company than FPSOs, says its Schiedam managing director. Saskia Kunst, Managing Director of SBM Offshore’s Dutch base in Schiedam…
Introducing a new FPSO into a brownfield while overhauling the subsea infrastructure led to a complex multi-year SIMOPS campaign for Technip. Elaine Maslin reports. A GIS image (above) shows the complexity of the SIMOPS at Quad 204…
Heavy transport firm Dockwise performed a market first with the transport of a ship-shaped FPSO, the Armada Intrepid. Elaine Maslin explains. Images from Dockwise. When the Dockwise Vanguard was conceived…
Floating production vessel operator BW Offshore has posted a 3% rise in operating revenues but says, which outsourced floating solutions remain an attractive option, the low oil price environment will see a reduction in orders that is expected to be prolonged…
Malaysia-based Bumi Armada Berhad saw a 22% decline in its revenue in 2Q 2015, but an increase in its EBITDA. Image from Bumi. The offshore oilfield service provider's revenue decreased by 22% to US$109 million (459…
Maersk Oil says it is planning to shut its Janice floating production unit (FPU) next year and change its offshore rotation system as it looks to reduce costs amid the falling oil price. About 200 onshore and offshore jobs could be lost as a result of the move…
Subsea engineering and project management company Petrex Developments has successfully completed the inspection of the BW Athena dynamic flexible riser/umbilical systems, FPSO mooring system and hull for North Sea operator Ithaca Energy. The…
Italy's Eni is close to starting producing from Norway's first Arctic oil development, reports Reuters. Production from the Goliat field, estimated to hold about 178 MMboe, was originally expected to start in 4Q 2013, but the project has been beset with delays and cost overruns…
UK supermajor Shell awarded OneSubsea a contract to supply subsea services for the Stones ultra deepwater development project in the Gulf of Mexico. An artist's impression of the Stones FPSO. From SBM Offshore…