Offshore Floating Production News - page 121


Great expectations

Jan 01, 2015

As the offshore industry grows in complexity – in terms of projects and geographies – software is playing an increasing role in engineering, both to aid engineering and collaboration, as projects increase in complexity and diversity. Meg…

Unlocking marginal fields

Jan 01, 2015

The pressure is on to find economically viable ways to develop marginal fields, in the UK North Sea and further afield. Ben Smith and Ed Randall look at the challenges and options. More and more emphasis is being placed by operators and…

3 FPSOs for Iara pre-salt area

Dec 30, 2014

Petrobras is expected to propose a multi-FPSO development for the deepwater, pre-salt Santos Basin Iara area after submitting a declaration of commerciality to authorities. The Iara area, in block BM-S-11, 214-250km off the coast of Rio de Janeiro…

Brynhild finally on stream

Dec 29, 2014

First oil from the delayed Brynhild field in the Norwegian North Sea has finally been achieved, a year after it was first due on stream, says operator Lundin Petroleum. The field, which started production on Christmas Day, in production license 148…

Orwell/FES win FPSO turret contract

Dec 24, 2014

Orwell Offshore and FES International have landed a multi-million dollar contract from TH Heavy Engineering Berhad for the supply of an external turret system for the FPSO Layang. The combined contract value is estimated at US$40 million…

AWE extends BW Offshore contract

Dec 23, 2014

Australian exploration firm AWE has agreed a one year contract extension for the lease and operation of the FPSO Umuroa, operating on the Tui Area oil project, offshore New Zealand, from Norway-based BW Offshore. As a result, the contract period has been extended to Q4 2016 (from Q4 2015)…

New COO for Ithaca as Stella nears

Dec 23, 2014

Ithaca Energy has appointed Roy Buchan as its Chief Operations Officer, starting 5 January 2015, and announced that Chief Development Officer John Woods is to leave the company on 31 January.   The move comes as Ithaca nears first production…

Damen to refurb Petrojarl FPSO

Dec 22, 2014

Damen Shiprepair Rotterdam (DSR), part of Damen Shiprepair & Conversion (DSC), has been awarded an engineering, procurement and commissoining contract contract by Petrojarl I for the upgrade of its FPSO Petrojarl I. The Petrojarl I (pictured) is a Teekay Petrojarl-managed FPSO…

Teekay inks Brazil FPSO deal

Dec 18, 2014

Teekay Offshore Partners has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção (QGEP) to provide a floating production, storage and offloading (FPSO) unit for the Atlanta field in the Santos Basin offshore Brazil…

SBM able to weather oil price plummet

Dec 17, 2014

SBM Offshore CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its backlog consisting of lease and operate income with dayrates not dependent on oil prices or production levels…

Alfa Laval supplies Angolan FPSOs

Dec 12, 2014

Swedish heat transfer, centrifugal separation and fluid handling firm Alfa Laval has won an order to supply compact heat exchangers for two FPSOs to be moored offshore Angola. The order is worth about SEK 50 million (US$6.6 million) and delivery is scheduled for 2015…

SBM to cut 1200 jobs

Dec 11, 2014

Floating production and mooring specialists SBM Offshore is cutting 1200 jobs and relocating its headquarters from Monaco to Amsterdam, the firm announced this morning.  SBM said: 'In light of market conditions and in order to optimize the company's cost base…

McDermott installs single point mooring tower off Indonesia

Dec 02, 2014

McDermott International has concluded the transportation and installation of a Yoke-type single point mooring tower and hook-up to a floating storage offloading (FSO) vessel for PT Rekayasa Industri offshore Indonesia in the Banyu Urip field…

Chevron’s deepwater bet

Dec 01, 2014

Deepwater is a big play for Chevron – one which comes with challenges that the super major is working hard to overcome. Transocean’s drillship Discoverer Deep Seas, which drilled at Chevron’s Tahiti prospect…

CNOOC begins oil production at Huizhou-Xijiang

Nov 24, 2014

China National Offshore Oil Co. (CNOOC) has begun production from the Huizhou 25-8 oilfield and Xijiang 24-3 oilfield in the South China Sea, known as the Xijiang 24-1 District joint development project.   Xijiang 24-3 facility…

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