Offshore Floating Production News - page 8

SBM Offshore Quarterly Revenue Drops 24% on One-off Divestment

May 11, 2023

May 11 (Reuters) - Dutch oil and gas services firm SBM Offshore SBMO.AS reported a 24% drop in first-quarter revenue on Thursday, citing the impact from one-off divestment in two of its vessels last year.Group revenue fell to $742 million for the first three months of 2023…

MODEC to Deliver Highly Complex FPSO for Equinor's $9B Project Offshore Brazil

May 10, 2023

Japanese FPSO supplier MODEC has won a contract with Equinor to supply an FPSO vessel for the BM-C-33 block of the Campos Basin offshore Brazil. The order comes just days after Equinor and its partners Repsol Sinopec Brasil, and Petrobras took…

Hydroniq Coolers to Deliver Tube Coolers to Framo for FPSO Projects

May 10, 2023

Marine and offshore pumping system supplier Framo has ordered tube coolers from Hydroniq Coolers for use in Framo’s hydraulic pump units that will be supplied to four newbuild FPSOs.Under the contract, Hydroniq Coolers will supply eight large…

Petrobras' Anna Nery FPSO Starts Production

May 08, 2023

Brazilian oil firm Petrobras said Monday that the FPSO Anna Nery started production on Sunday, May 7, 2023, in the  Campos Basin.The FPSO is part of the revitalization project of the Marlim and Voador fields, which will produce the post-salt reservoirs and Brava…

Petrobras Will Only Build Part of Offshore Oil Platforms in Brazil, Top Executive Says

May 08, 2023

Petrobras will not do all of its shipbuilding work in Brazil, a top executive said, dashing industry hopes the state-controlled oil firm would review its awarding process to spur job creation. Steel groups, shipping unions and 14 other organizations…

Worley to Provide Engineering Services for Shell's Floating Development in U.S. Gulf of Mexico

May 08, 2023

Shell Offshore, a U.S. subsidiary of Shell, has selected engineering firm Worley to provide services for Sparta, a floating development in the U.S. Gulf of Mexico.The Sparta offshore development, previously known as the North Platte project…

MODEC Confirms Its First FPSO Order in Guyana

May 08, 2023

Japan's MODEC said Monday it would proceed with engineering, procurement, and construction on the Uaru FPSO vessel following a final investment decision on the Uaru offshore oil project by ExxonMobil in Guyana last month.The Uaru FPSO is named ‘Errea Wittu’…

TotalEnergies to Invest in Seventh FPSO Offshore Angola

May 03, 2023

TotalEnergies, Sonangol, and Agência Nacional de Petróleo, Gás e Biocombustíveis (ANPG), have signed a heads of agreement related to the future development of the Cameia and Golfinho fields, located on Blocks 20 and 21 in the Kwanza basin, offshore Angola…

MISC Unveils 'Green' FPSO Design

May 03, 2023

MISC, a Malaysian provider of offshore energy solutions and facilities, on Tuesday unveiled what it called a 'future-ready Newbuild Floating Production Storage & Offloading (NBFPSO) Unit' at OTC Houston 2023. 'It is the world’s first NBFPSO…

ExxonMobil Taps TechnipFMC for Uaru Subsea Production System

May 02, 2023

TechnipFMC announced Tuesday it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited to supply the subsea production system for the Uaru project offshore Guyana.The award covers 44 subsea trees and associated tooling…

Framo's Submerged Turbine Generates Electricity from Waste Cooling Water on FPSOs

May 02, 2023

Malaysia-based FPSO supplier Yinson Production has ordered a submerged turbine solution from Framo, for regenerating energy from the waste cooling water flowing from offshore installations.Framo said Yinson was the first to opt for its technology…

SBM Offshore, ExxonMobil Pen Operation Deal for Four FPSOs in Guyana

May 02, 2023

Dutch FPSO leasing and operation specialist SBM Offshore has signed a 10-year operations and maintenance enabling agreement with ExxonMobil in Guyana for the Operations and Maintenance of the Liza Destiny, Liza Unity, Prosperity, and ONE GUYANA FPSOs…

Samsung Heavy Industries Unveils Next-Generation FLNG

May 02, 2023

Samsung Heavy Industries (SHI) has unveiled a proprietary model nearshore FLNG concept which has been certified by DNV at OTC 2023 in Texas.The shipyard says it developed the Multi-purpose LNG Floater-Nearshore (MLF-N) in response to market…

Nigeria's NNPC, Golar LNG Pen MoU for FLNG Unit

Apr 28, 2023

Nigerian oil company NNPC Limited said this week it had signed a Memorandum of Understanding (MoU) with the Norwegian company Golar LNG (GLNG) to build a floating liquified natural gas unit in Nigeria.Mallam Mele Kyari, Group CEO NNPC Limited…

Exxon Delivers a Record First-quarter Profit on Higher Output

Apr 28, 2023

Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double from a year ago and topped Wall Street estimates as rising oil and gas output overcame a pullback in energy prices from high levels.Oil companies are…

Current News

New CSOV Delivered to Rem Offshore

All Clear for Construction Start of Virginia’s 2.6GW Offshore Wind Farm

DEME’s Orion Vessel Heads to US After Finishing Scottish Offshore Wind Job

EnQuest Selling Stake in North Sea Golden Eagle Oil Field

Subscribe for OE Digital E‑News