Offshore Engineer Floating Production News


OGNC Picks Bumi JV for FPSO Contract

May 06, 2019

India's state-owned oil company Oil and Natural Gas Corporation (ONGC) has given a Notification of Award for for the US$2.1 billion charter and operations of a floating production, storage and offloading (FPSO) vessel. The FPSO is due to be…

Oxy Would Sell Anadarko’s Africa Assets to Total

May 05, 2019

France's Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.The agreement with Total…

Petrobras Production Slips

May 04, 2019

Oil production by Petroleo Brasileiro SA fell 3.5 percent in the first quarter from the same period a year before, according to Brazil's oil regulator ANP, which attributed the fall to a number of scheduled and unscheduled stoppages.In a statement…

Exxon Funds Liza Phase 2 off Guyana

May 03, 2019

ExxonMobil has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals, the supermajor announced on Friday.Exxon said startup at Liza Phase 2 is expected in mid-2022, producing up to 220,000 barrels of oil per day from the deepwater Stabroek Block…

Mero Field E&P Procurement Heating Up Market

May 02, 2019

The development of the Mero field, part of the Libra pre-salt complex offshore Brazil, has opened a range of opportunities for equipment and services in the oil and gas sector in the South American country. A range of equipment from wet x-mas trees…

Lankhorst Mooring Lines for Energean Power

May 01, 2019

Deepwater mooring rope manufacturer Lankhorst Offshore announced Wednesday it has been awarded a contract by TechnipFMC to supply the mooring lines for the Energean Power floating production, storage and offloading unit (FPSO) for the Karish and Tanin gas fields…

Cautious Optimism for an Offshore Recovery

May 01, 2019

Much has been made of an expected recovery for offshore. We share that optimism. We think there will be around 20 final investment decisions (FID) for floating production, storage and offloading units (FPSO), nearly 60 subsea projects and a total of 330 trees going ahead this year…

Allan Joins Marine Technical Limits

Apr 30, 2019

Floating production, storage and offloading unit (FPSO) and marine integrity management specialists Marine Technical Limits (MTL) said on Tuesday it has welcomed a senior naval architect to its team.Paul Allan, who has more than 10-years’ experience…

FSRUs, Floating Power Figure in Gas Markets Revival

Apr 30, 2019

With oil prices pushing toward USD 80 dollar on geo-political strife, there’s the expectation of a concurrent rise in world gas prices and regional liquefied natural gas (LNG) projects, judging by some frenetic dealmaking of late.Few things…

Case Study: iEPCI at Karish

Apr 25, 2019

An integrated approach to subsea services is the driving force behind a major project being performed by UK-based TechnipFMC at the deepwater Karish field, offshore Israel, in the Mediterranean Sea.The integrated engineering, procurement, construction…

Maersk Wins FPSO Mooring Work

Apr 25, 2019

Maersk Supply Service said it has been selected to deliver an integrated floating production storage and offloading (FPSO) mooring installation and replacement solution for an American oil major in the Gulf of Guinea. The offshore services company…

Samsung Wins $963mln FPSO Contract

Apr 23, 2019

South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit on the condition that the client receives approval from its partner and government…

DNV GL Extends Contract for Dana Petroleum

Apr 16, 2019

DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf (UKCS).DNV GL has worked with Dana Petroleum since 2012 with the development of the Western Isles floating production storage and offloading (FPSO) vessel…

SubseaPartner Wins Work at Goliat

Apr 15, 2019

Norwegian services company SubseaPartner said it has secured a contract from Vår Energi, to provide dive support at its operated Goliat field in the Barents Sea.The engineering and installation project work scope incorporates a 24 hours air diving operation on the Goliat floating production…

TechnipFMC Wins Subsea Contract off Brazil

Apr 09, 2019

TechnipFMC said on Tuesday it has secured a contract to supply flexible pipes for oil production, gas lift and gas injection as well as associated accessories for the Lapa field, located in the pre-salt Santos Basin, under the BM-S-9A concession…

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