Offshore Floating Production News - page 98


ConocoPhillips submits Barossa proposal

Jul 13, 2017

ConocoPhillips has submitted its development proposal for the gas and condensate Barossa field in the Timor Sea, to Australian authorities for comment.  The Barossa Area Development is expected to be a floating production, storage and…

Saipem nets Saudi Aramco, FPSO contracts

Jul 03, 2017

Italian contractor Saipem has been awarded a contract by Saudi Aramco for engineering, procurement, construction, installation activities and trunklines and installation works in Saudi Arabia, under a long-term agreement running from 2015 until 2021…

Slow progress

Jul 01, 2017

Karen Boman assesses the market for West African oil and gas projects, and profiles Total’s Moho Nord development offshore Congo. The tension leg platform and Likouf FPU at the Moho Nord field…

Caught between worlds

Jul 01, 2017

Karen Boman charts Chevron’s success at its large Jack/St. Malo development in the deepwater Gulf of Mexico, a project that was sanctioned just prior to the downturn. McDermott’s North Ocean 102 at work…

Hurricane to raise $520 million for Lancaster

Jun 30, 2017

Fractured basement explorer Hurricane Energy is set to raise US$520 million to help it fund its Lancaster early production system (EPS), west of Shetland.  The cash would be through a $300 million in a share placing and a further $220 million in a convertible bond offering…

GE wins Coral South work

Jun 27, 2017

GE Oil & Gas has signed a long-term agreement to collaborate with Eni and CNPC consortium EEA on Area 4 offshore Mozambique, including the Coral South floating LNG (FLNG) project.  The Coral South FLNG project will be the first deepwater gas development offshore Mozambique…

Kraken comes on stream

Jun 26, 2017

First oil from the US$2.5 billion Kraken floating heavy oil development in the UK North Sea has been announced. The Kraken development, about 125km east of the Shetland Islands, off Scotland, is due to comprise a total 25 wells (14…

Updated: Exxon, Hess move forward with Liza

Jun 16, 2017

ExxonMobil and partner Hess have made a final investment decision to proceed with a US$4.4 billion first phase of development of the giant Liza field, in the Stabroek block, offshore Guyana. The firm says it has also had positive results on its latest well on the field…

Statoil inks Garantiana tieback study

Jun 12, 2017

Wood Group has been awarded two new contracts by Statoil to deliver concept and feasibility studies to their Norwegian North Sea assets. Wood Group will deliver a topside concept study evaluating the tie in of Total’s Garantiana field development to Statoil’s Gullfaks B and Visund facilities…

Breaking records

Jun 01, 2017

Facilities transport records have been broken and broken again by Dutch marine contractor Boskalis’ Dockwise business. Elaine Maslin reports. Statoil’s Aasta Hansteen spar being loaded onto the Dockwise Vanguard in South Korea…

Kraken set for June first oil

May 25, 2017

EnQuest's US$2.6 billion Kraken heavy oil field development is on track for first oil before the end of June, according to the North Sea independent.  The Kraken development, about 125km east of the Shetland Islands, off Scotland, will…

Eni starts OCTP production early

May 22, 2017

Eni has started first production from its Offshore Cape Three Points (OCTP) project, offshore Ghana. The project, which comprises the Sankofa Main, Sankofa East and Gye-Nyame fields, about 60km off Ghana, was completed in just two and a half years…

First Libra FPSO arrives in Brazil

May 22, 2017

Teekay has announced that the floating production, storage and offloading (FPSO) vessel Pioneiro de Libra arrived in Brazilian waters on 17 May. The FPSO unit set sail on 28 March from the Jurong shipyard in Singapore, where the conversion of the unit has been taking place since 2014…

BP's Glen Lyon comes onstream

May 22, 2017

BP has launched a 'return to growth' for its North Sea business after marking first oil from the Quad 204 project, west of Shetland on the UK Continental Shelf.   Quad 204 is redevelopment of the 1 billion barrel plus Schiehallion and Loyal fields…

2H seeks participants for STREAM JIP

May 16, 2017

2H Offshore is seeking additional participants for its recently launched STREAM (Steel Riser Enhanced Analytics using Measurements) joint industry project (JIP). So far, four major oil and gas operators have agreed to participate in the JIP…

Current News

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