Offshore FPSO News - page 9


SOFEC Cuts First Steel for Sangomar FPSO Turret

Jan 05, 2021

Mooring systems provider SOFEC has cut the first steel for the turret mooring system being built for the Senegal-bound Sangomar field FPSO.SOFEC is responsible for all engineering, procurement, and construction (EPC) activities related to the…

Eni Extends Abo FPSO Contract

Jan 04, 2021

Italian oil company Eni has extended the contract for BW Offshore's Abo Floating Production Storage Offloading (FPSO) vessel.BW Offshore, the owner of the FPSO, said Monday it had signed the extension with Eni's subsidiary Nigerian Agip Exploration…

Watch: Karish FPSO Mooring System Installation

Dec 28, 2020

Dutch offshore installation services company Jumbo has shared a video of its recently completed mooring installation for Energean's Karish gas development in the Mediterranean Sea, offshore Israel.On behalf of the main EPCI contractor for Karish offshore works TechnipFMC…

ABS Rubberstamps MODEC's New FPSO Hull Repair Method

Dec 24, 2020

Japanese FPSO contractor MODEC's new offshore repair method for FPSO hulls has received approval by the American Bureau of Shipping (“ABS”) as an original standard repair method. The offshore repair method was developed by MODEC and Toray Industries…

SBM Offshore, Shell Extend Brazil FPSO Term. SBM in Talks with Exxon Over Guyana Extensions

Dec 23, 2020

Oil giant Shell has extended the contract for the lease of SBM Offshore's Espirito Santo FPSO in Brazil. SBM Offshore is also in talks with ExxonMobil to extend the FPSO terms in Guyana.The Dutch FPSO operator said Wednesday that the lease and…

Brazil: Enauta Takes Ownership of Atlanta Offshore Field, as Barra Exits

Dec 22, 2020

Brazilian oil company Enauta has agreed to take full ownership of the working interest in Block BS-4, offshore Brazil, where the producing Atlanta field is located.The company, previously known as Quireoz Galvao, opted to take over an additional…

Energean Sells More Gas from Karish Field

Dec 17, 2020

Energean, an oil and gas company focused on developing its Karish gas field offshore Israel, has signed agreements to sell more gas from the project.The company said Thursday its 70 percent-owned subsidiary Energean Israel had entered into a…

Modec Nets Sangomar FPSO Operations and Maintenance Deal

Dec 14, 2020

Japanese FPSO contractor Modec has won a contract with Woodside for the operations and maintenance of the Sangomar FPSO in Senegal.The deal follows a contract signed in January for Modec to deliver the FPSO for Sangomar field development  - Senegal's first offshore development…

Video: The Floating Production Market Faces Headwinds, But Opportunities Exist

Dec 11, 2020

There are around 200 offshore oil and gas projects currently being planned for development using a floating production system, however, at around $2B apiece – some up to $5B – final investment decisions will depend on the market situation and the outlook for oil and gas doesn’t seem too bright…

MAN Compressors for Senegal's First FPSO

Dec 08, 2020

Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

Nov 26, 2020

Singapore's Keppel Offshore & Marine has won a contract from an unnamed repeat customer worth about S$100 million (USD 74,7 million) for the fabrication and integration work on a Floating Production Storage and Offloading vessel (FPSO).Scheduled for delivery in 4Q 2022…

Tullow Oil Shifts Its Focus to West Africa

Nov 25, 2020

Britain's Tullow Oil will commit 90% of its investments in coming years on its producing offshore oilfields in West Africa and put exploration on the back burner to reduce debt.Tullow, which was set up in the 1980s produce oil and gas in Africa…

ARMS Reliability Wins Contract with MODEC

Nov 23, 2020

ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…

BW Offshore, New Zealand Gov't Reach Umuroa FPSO Settlement

Nov 20, 2020

FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…

Brazil: BP Sells Stake in Two Campos Basin Offshore Blocks to PetroRio

Nov 19, 2020

British oil major BP has agreed to sell its stake in two pre-salt offshore blocks in Brazil's Campos Basin to the Brazilian oil company PetroRio.Petro Rio said Thursday that it would acquire 35.7% interest in the BM-C-30 Block containing the Wahoo discovery…

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