Offshore FPSO News - page 6


Five-Year Contract Win for FPSO BW Pioneer

Mar 12, 2025

BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for $125 million to a subsidiary of Murphy Oil Corporation, the operator of the Cascade & Chinook field.The transaction includes an initial payment of $100 million upon…

KOTUG Completes SPM Buoy Upgrade for Azule Energy

Feb 24, 2025

KOTUG completed the replacement of the bogie wheel and rail system on Azule Energy's Single Point Mooring (SPM) CALM buoy in Angola's Block 18. This buoy, one of the largest of its kind in the world, was installed in 2007 at approximately 1…

Petrobras Considers Cancelling FPSO Tender

Feb 23, 2025

Petrobras is considering cancelling a tender to charter an FPSO from India's Shapoorji Pallonji Energy, two sources with knowledge of the matter told Reuters.The state-run firm believes the bid by the Indian shipbuilding firm was too high, at $1…

Guyana, Dominican Confer on Oil Drilling, Refining

Feb 18, 2025

Guyana and the Dominican Republic are making progress on accords for offshore oil and gas exploration and to build a fertilizer plant and potentially a refinery in the South American country, Dominican President Luis Abinader said on Tuesday…

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

Feb 05, 2025

McDermott has completed transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in the first quarter of 2024.The project, executed by the company's Kuala Lumpur (KL) based team…

Approval Granted for Blue Ammonia FPSO

Jan 29, 2025

MODEC and Toyo Engineering have jointly obtained an Approval in Principle (AiP) from ABS for a Blue Ammonia FPSO that will produce ammonia from the gas supplied by a traditional FPSO located nearby.Blue ammonia is produced from hydrocarbons where the CO2 emitted during production is sequestrated…

BP’s Greater Tortue Ahmeyim Produces First Gas in West Africa

Jan 02, 2025

BP has started gas flow from Greater Tortue Ahmeyim (GTA) Phase 1 deepwater project, offshore Mauritania and Senegal.The gas from wells at the GTA Phase1 liquefied natural gas (LNG) project now flows to the floating production storage and offloading (FPSO) vessel for the next stage of commissioning…

Flare Gas Recovery Meets the Future

Dec 26, 2024

Flare gas recovery lies at the heart of a range of integrated, new emissions abatement technologies.The World Bank’s 2015 launch of the Zero Flaring by 2030 initiative saw flare gas recovery become a standard part of many topside production processing systems…

Seatrium to Develop FPSO Digital Twins

Dec 01, 2024

Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have agreed to explore cyber-physical modelling capabilities for predicting environmental loads on FPSOs.Following the scaled model testing of the latest series of FPSOs…

Petrobras Launches FPSO Bid for Sergipe

Dec 01, 2024

Petrobras has initiated a new contracting process for the construction of up to two FPSO-type oil production units for the Sergipe Deep Waters (SEAP) project in the Sergipe-Alagoas Basin.The contracting method will be Build, Operate and Transfer (BOT)…

LR and SHI Join Forces for Green Ammonia FPSO System

Nov 15, 2024

Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries…

SBM Offshore and Technip Energies to Build TotalEnergies’ GranMorgu FPSO

Nov 14, 2024

TotalEnergies has awarded a contract to SBM Offshore and Technip Energies to build and install a floating production, storage and offloading vessel (FPSO) for its GranMorgu field, offshore Suriname.The contract award follows completion of front-end engineering and design studies…

Ultra-Deepwater FPSO Starts Oil Production Offshore Brazil

Oct 30, 2024

Petrobras has achieved first oil with the Floating Production Storage and Offloading (FPSO) unit Marechal Duque de Caxias, one of the largest ultra-deepwater FPSOs in the world, installed at the Mero field in Santos Basin, offshore Brazil.The FPSO has the capacity to produce up to 180…

Tanker Vessels Flock to Guyana as Oil Exports Soar 58%

Oct 09, 2024

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen…

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

Oct 02, 2024

American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit.Called Samsung Ammonia Blue, the concept features…

Current News

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

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Santos Extends Exclusivity Period for XRG Consortium

Trinidad Awards Deepwater Blocks to Exxon

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