Norway-based energy intelligence firm Rystad Energy said Tuesday it didn't expect any new FPSO orders this year, however, it expects the situation will improve next year when it foresees seven new FPSO to be ordered.'Hit by the second industry downturn in five years…
As much as 40% of maintenance work carried out by FPSO vessel operators is unnecessary, the energy industry consultancy Lloyd’s Register (LR) has found.Lloyd’s Register (LR), found that by reducing these unwarranted manhours, operators could save on average almost £600…
Brazilian oil company Petrobras has said it has started decommissioning works on the P-12 semi-submersible production platform in the Campos Basin, offshore Brazil.The 1983-built platform is located at the Linguado field, 83 km from Cabo de…
Swiss-based technology giant ABB will provide electrical, control, and telecommunication solutions for Malaysia-based Yinson's new FPSO - Anna Nery. Once delivered, the FPSO will be deployed at Petrobras' Marlim 2 oil field offshore Brazil.'Leveraging…
Brazilian state-controlled oil company Petrobras is considering installing offshore units to liquefy the growing natural gas production from the so-called pre-salt area, the company's emissions and climate change manager said during a webinar on Friday…
MAN Energy Solutions will deliver six compressor trains for Yinson's FPSO being built for deployment in Brazil.For the FPSO named Anna Nery, MAN Energy Solutions will deliver four RB-type centrifugal-compressor trains for gas production and export…
Norwegian energy giant Equinor has been given regulator approval to extend the producing life of Åsgard C Floating Storage and Offloading unit in the Norwegian Sea.Under the approval granted this week by the Petroleum Safety Authority Norway…
Dutch FPSO supplier SBM Offshore has closed a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba (formerly known as Mero 2) destined for deployment in Brazil with Petrobras.SBM Offshore said the loan was…
Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field development, has signed a partnership agreement with the floating production solutions giant SBM Offshore.Perth-based Transborders said Sunday…
A group of 19 companies including oil majors, trading houses and state-run firms were approved by Guyana's government for the next phase of a competitive process aimed at selecting an agent for marketing its share of crude produced in the country…
Australian company BHP has selected three contractors to deliver an early engineering study for a Floating Storage and Offloading Unit (FSO) for the Trion field in the deep-water Gulf of Mexico, offshore Mexico.The three companies are Altera Infrastructure (formerly known as Teekay Offshore)…
China's Jutal Offshore Oil Services Limited has said it has won orders to build components for an offshore wind farm and an FPSO, for unnamed clients.Jutal said in a statement that the contracts were awarded to Zhuhai Jutal Offshore Oil Services Limited…
Australian oil and gas company Woodside has reiterated that its $4.2 billion Sangomar project offshore Senegal, is still on track to produce first oil in 2023.The company was responding to media reports stating that Senegal has been forced to…
Canadian oil and gas company Husky Energy last week accidentally spilled 1098 liters of an anti-microbial agent from its SeaRose FPSO, located in the Atlantic Ocean, 350 kilometers to the southeast of St. John’s. The incident happened on Thursday morning…