Offshore FPSO News - page 100


More than an FPSO firm

Sep 01, 2015

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…

Busy work

Sep 01, 2015

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…

The Vanguard of ocean transport

Sep 01, 2015

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…

BW Offshore revenues rise but expects prolonged downturn

Aug 28, 2015

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…

Bumi busts in 2Q

Aug 27, 2015

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 could close Janice next year

Aug 26, 2015

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…

Petrex completes BW Athena inspection

Aug 25, 2015

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…

Pay day for Eni's Goliat nears

Aug 20, 2015

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…

OneSubsea inks Shell Stones deal

Aug 19, 2015

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…

Alma/Galia first oil due "within weeks"

Aug 19, 2015

North Sea independent EnQuest expects to reach first oil on its Alma/Galia development within a few weeks, the firm announced this morning.  The development, a subsea project tied back to the EnQuest Producer floating production, storage and offloading (FPSO) vessel…

WGK inks FEED deal for Vietnam TLP

Aug 17, 2015

Wood Group has been awarded the front end engineering and design (FEED) contract for the subsea development of the Talisman Energy Ca Rong Do (Red Emperor in Vietnamese) field offshore Vietnam; estimated to contain around 67 MMboe.  Wood…

Det norske ramps up on Alvheim

Aug 14, 2015

Det norske is ramping up activity and production on its Alvheim floating production, storage and offloading (FPSO) development in the Norwegian sector of the North Sea.  The FPSO (pictured), which produces Alvheim field (comprising the Kneler…

SOCO marks H5 start-up off Vietnam

Aug 13, 2015

First oil and gas was produced from the H5 wellhead platform (H5-WHP) on the Te Giac Trang (TGT) field 10 August offshore Vietnam, says SOCO.   The start of production was achieved one month ahead of schedule and the H5 development project has been completed with zero lost time accidents…

Great Stella Area back on track

Aug 13, 2015

The subsea infrastructure installation campaign on Ithaca Energy's Greater Stella Area (GSA) development is nearly complete, following the conclusion of the projects five-well development drilling campaign in April.  The project, in the central North Sea…

First Subsea completes Goliat installation

Aug 12, 2015

Subsea connector specialist First Subsea, has successfully completed the installation of bend stiffener connections for gas lift and production risers, power cables and umbilicals, for the Goliat FPSO. Operated by ENI Norge, the…

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