Offshore FPSO News


Petrojarl I FPSO Extends Stay at Enauta's Atlanta Field, Offshore Brazil

Jan 19, 2022

Brazilian oil company Enauta has extended the charter of the Petrojarl I FPSO, used as an early production system at its Atlanta field, in the Santos Basin, offshore Brazil.Enauta signed contracts with Altera to extend the charter and Operation and Maintenance (O&M) of FPSO Petrojarl I…

Energean Expects First Gas from Karish Offshore Field by Q3

Jan 18, 2022

London-listed oil and gas company Energean said Tuesday its Karish gas field in the Mediterranean Sea, offshore Israel would come on stream by the third quarter of the year, with the Energean Power FPSO expected to sail away from Singapore during this quarter…

SBM Offshore's Lease & Operate MD to Become COO

Jan 13, 2022

Dutch FPSO leasing specialist SBM Offshore announced the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board on Thursday. Tangen has 19 years of experience with SBM Offshore in engineering and operational roles…

VIDEO: Bluewater's UK-based FPSO Arrives in Norway for Upgrades

Jan 10, 2022

Bluewater's Haewene Brim FPSO, normally used for oil production from Shell's Pierce Field in the UK North Sea, has recently arrived in Haugesund, Norway.Norwegian engineering and construction Aibel shared a video of the FPSO arrival in Haugesund…

Rystad: FPSO Contracts in 2021 Hit Pre-Pandemic Levels. Ten New Orders Expected in 2022

Jan 10, 2022

According to Rystad Energy research, the market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic's effect in 2021, driven mostly by Brazil demand, and is predicted to continue apace in 2022, with 10 new awards expected…

Eni Extends BW Offshore's Abo FPSO

Jan 06, 2022

Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year.The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration…

Yinson Gets Charter Extension for FPSO in Vietnam

Jan 04, 2022

Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam SonThe 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

Petrobras Declares Commercial Viability at Four Offshore Concessions

Dec 30, 2021

Brazilian state-run oil company Petrobras has declared four offshore concessions in the states of Alagoas and Sergipe commercially viable in presentations to the nation's oil regulator, it said in securities filing on Thursday.The company has…

How to Reduce Risk Across the Lifecycle of Floating Production Assets

Dec 28, 2021

Using digital transformation to mitigate risks and increase performance of offshore rigsFloating production storage and offload vessels (FPSOs) are among the largest investment trade-offs an oil and gas producer will make. On the one hand, these…

PetroRio Pressing Ahead with Wahoo Development Offshore Brazil

Dec 22, 2021

Brazilian oil firm PetroRio has said it has filed with Brazil's National Petroleum Agency (“ANP”) the Declaration of Commerciality of the Wahoo discovery, as well as the Development Plan in exclusive operations.The Wahoo discovery is located at the C-M-101 Block…

Yinson, Enauta Pen LoI for Atlanta Field FPSO

Dec 20, 2021

Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil.Enauta has been…

SBM Offshore Secures $620M Loan for Brazil-bound FPSO

Dec 20, 2021

Dutch floating oil and gas production firm SBM Offshore has secured a $620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão, to be deployed in Brazil for Petrobras.The FPSO Alexandre de Gusmão will…

FPSO for Greater Tortue Gas Project Due in Senegal by end-2022

Dec 17, 2021

BP's floating, production, storage, and offloading vessel (FPSO) for the Greater Tortue Ahmeyim gas project offshore West Africa is expected in Senegal waters for commissioning and testing by the end of 2022, a company executive said on Friday…

OMV Exits Barents Sea Oil Field With $320M Sale to Lundin Energy

Dec 17, 2021

Austrian oil and gas company OMV has completed the sale of its stake in the Wisting oil field in the Barents Sea, offshore Norway, to Lundin Energy.The two companies had signed the sale and purchase agreement in October 2021, and after obtaining the necessary approvals from Norwegian authorities…

Current News

Royal Dutch No More: Shell Officially Changes Name

Danish Wind Turbine Maker Vestas Tops List of 100 Most Sustainable Companies

Fugro's Augmented Reality Camera to Assist with Sepetiba FPSO Mooring

Schlumberger Profit Rises as Higher Oil Prices Drive Drilling Services Demand

Subscribe for OE Digital E‑News