Offshore FPSO News - page 65


FPSO Market Growth Props BW Offshore’s Africa Plan

Aug 22, 2019

Global floating production services provider BW Offshore has confirmed a one-year extension for the lease and operation of the FPSO Petroleo Nautipa on the Etame field offshore Gabon for VAALCO Energy.BW Offshore, which owns a fleet of 15 floating production…

Trelleborg to Equip MODEC FPSO

Aug 21, 2019

Trelleborg announced on Wednesday that its offshore operation has been awarded a fast track contract to produce more than 80 laminated elastomeric bearings for floating production storage and offloading (FPSO) vessel operator MODEC.The first…

Aker Energy Gets Extension for FPSO

Aug 21, 2019

Norwegian operator Aker Energy has again extended an option agreement for the use of floating production, storage and offloading (FPSO) vessel with Ocean Yield.'Ocean Yield has today agreed with Aker Energy to extend the option period until 31st December 2019 against additional compensation…

Petrobras Sees Sub-salt Oil Below $6/bbl

Aug 20, 2019

State-controlled oil firm Petroleo Brasileiro SA said the cost of extracting oil in subsalt areas may fall from the current level of $6 a barrel, Chief Executive Roberto Castello Branco said during an event.(Reporting by Marta Nogueira Writing by Ana Mano Editing by Chizu Nomiyama)

Power Outage Shuts Hibernia Production

Aug 19, 2019

Production is shut down at the 220,000-barrel-per-day Hibernia oil platform off the coast of eastern Canada, Hibernia's largest shareholder ExxonMobil Corp said on Monday, after a temporary power cut led to oil and water leaking into the ocean…

INTECSEA Wins MJ Field Contract from RIL

Aug 19, 2019

Worley subsidiary INTECSEA has been awarded a project management consultancy (PMC) contract by Reliance Industries Ltd (RIL) for the MJ Field deepwater gas and condensate project offshore India.Under the contract, INTECSEA will provide PMC services…

Vaalco extends BW Offshore FPSO charter

Aug 19, 2019

The owner and operator of floating production storage and offloading (FPSO) vessels BW Offshore has received a one-year contract extension for the lease of one of vessels from Vaalco Energy.The Oslo Stock Exchange-listed company said in a press…

White Rose to Resume Full Production

Aug 16, 2019

Canada's Husky Energy said on Friday it will resume full production at its White Rose field off the coast of Newfoundland & Labrador, which was shut down last year after an oil spill in November 2018.White Rose production will ramp up to reach full rates of approximately 20…

MODEC Raises $1bln Bond for FPSO Project

Aug 16, 2019

Japanese FPSO provider MODEC has decided to issue project bonds to international investors to refinance a floating production, storage and offloading  (FPSO) vessel chartered to the TUPI consortium.TUPI consortium is led by Petrobras with the…

Rosenberg Worley Wins Vår Energi Contract

Aug 15, 2019

Vår Energi said it has awarded an engineering, procurement, construction and installation (EPCI) contract to Rosenberg Worley for the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the Balder field until 2045…

Airborne to Supply TCP Jumpers in Nigeria

Aug 14, 2019

Airborne Oil & Gas announced on Wednesday it has secured a contract with Addax Petroleum which will see the firm deliver two gas lift jumpers offshore Nigeria.The Netherlands headquartered business will supply two, 180-meter-long thermoplastic…

Helang FPSO Process System Delivered

Aug 12, 2019

Oilfield equipment and services company NOV said it has completed the first full topside process systems delivery for Helang FPSO redeployment.NOV's Process and Flow Technologies business unit was contracted by Yinson to design and deliver the full topside process system for FPSO Helang…

SBM's Third Fast4Ward Hull Under Construction

Aug 08, 2019

Construction on SBM Offshore's third Fast4Ward floating production, storage and offloading unit (FPSO) hull recently began at Chinese shipyard Shanghai Waigaoqiao Shipbuilding and Offshore (SWS), the Dutch FPSO provider revealed on Thursday…

Amplus Awarded Contract in Angola

Aug 07, 2019

Floating production solutions specialist Amplus Energy Services announced on Wednesday that it has been awarded a multimillion-dollar contract to reevaluate the development of marginal fields in Angola with the aim to form economically viable…

Euronav Sells VLCC for FPSO Conversion

Aug 07, 2019

Belgium-based crude oil tanker company Euronav NV has sold its oldest very large crude carrier (VLCC) for conversion into a floating production storage and offloading (FPSO) vessel.The ship owner announced that its subsidiary Euronav Luxembourg has sold the VLCC vessel VK Eddie (2005 – 305…

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