Energy analysts Douglas-Westwood estimates in its World Floating Production Market Forecast that US$91 billion will be spent on FPSs during the period of 2013-2017. This marks a 100% increase over the previous five-year period, with the global CAPEX set to double…
In advance of OE’s 2014 Global FPSO Forum, Managing Editor Audrey Leon spoke with Peter Lovie, Senior Advisor, Floating Systems for Peter M Lovie PE, LLC, and program chair for Global FPSO Forum; Arjan Voogt, MARIN USA; and Bruce Crager, Endeavor Management…
Audrey Leon takes a look at recent exploration and production activities occurring offshore Tunisia. Top: The Ashtart platform offshore Tunisia. Bottom: The Maamoura platform operated by Eni Tunisia…
As the industry advances into ultra-deepwater, an increasing number of tight tolerance wells require an efficient system for determining early influxes or losses during drilling, tripping, and cementing operations. Scott Hilliard of Statoil and Florian Le Blay…
Vaalco Energy has resumed production from the Etame Marin block after completing maintenance work on its leased floating, production, storage and offloading (FPSO) vessel. The vessel had the fire and gas detection systems upgraded along with other routine maintenance work…
Heat transfer, centrifugal separation and fluid handling firm Alfa Laval has won an order to supply Framo pumping systems to Samsung Heavy Industries in South Korea for use on Total's Egina FPSO. The order, worth about SEK 240 million…
Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal, said partner in the project by FAR Ltd. The well is being drilled by Cairn Energy (operator), ConocoPhillips, Far and Petrosen - the Senegalese national oil company…
Pacific Drilling’s ultra deepwater Pacific Sharav began its five-year drilling contract for Chevron on 27 August 2014. The contract is estimated to be worth more than US$1 billion, bringing Pacific Drilling’s total contract backlog as of 22 June 2012…
Australia's Sunbird Energy has the final scoping report under review for development of the Ibhubesi gas project off South Africa's Atlantic coast. South Africa granted final approvals in June for Sunbird Energy's acquisition of Block 2A from Denver-based Forest Oil Corp…
Carin Energy found oil samples in the FAN-1 exploration well offshore Senegal, according to joint venture partner, FAR Ltd. FAN-1 and SNE-1 in 3D seismic. From Far. FAR says elevated gas…
BG Group says the results of a second drill-stem test (DST) on the Mzia discovery in Block 1, offshore southern Tanzania, has provided further support for a hub development to supply an onshore LNG project. The DST in a side-track on the Mzia-3 appraisal well…
Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora. The Pacific Bora is currently drilling offshore Nigeria. The contract extension increases the drillship’s backlog by approximately US$439 million…
TGS announced a new multi-client 3D seismic survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1000sq km of new 3D data to the existing 6268sq km of 3D data library in Sierra Leone. 'This survey…
Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two FPSOs destined for the Kaombo development offshore Angola. The US$4 billion project for the FPSOs was awarded to Saipem by Total for the engineering…
Eni announced the start of production from the Denise-Karawan project (DEKA) with partner BP, through the new subsea well Denise South 6 at a gas rate of 1.8 MMcm/d and approximately 800bbl/d of associated condensates. The Denise South…