Offshore Floating Production News - page 41


UK: Orcadian Energy Gets OGA Nod for Pilot Oil Field Development Concept

Dec 02, 2021

The UK Oil and Gas Authority has granted Orcadian Energy a “Letter of no objection” related to the oil and gas company's development concept for the Pilot field in the UK North Sea.The letter signals the finalization of the “Assessment phase”…

Petrobras, SBM Offshore Strike Mero 4 FPSO Charter Deal

Nov 30, 2021

Brazilian oil company Petrobras has signed contracts with the Dutch FPSO specialist SBM Offshore for the chartering and provision of services of the FPSO Alexandre de Gusmão.This will be the fourth definitive floating production system to be installed in the Mero field…

Add Energy Nets FPSO CMMS Deal

Nov 26, 2021

Add Energy, an asset management consultancy, service, and software provider, has been hired by an unnamed 'leading FPSO operator' to complete the master data and maintenance management regime build within the company’s computerized maintenance management system (CMMS) for its new FPSO…

Keppel Nets $145,8M Orders for FPSO, FSRU Work

Nov 26, 2021

Singapore's Keppel Offshore & Marine has won contracts for the conversion of a Floating Storage and Regasification Unit (FSRU) and the integration of a Floating Production Storage and Offloading vessel (FPSO). For the first project, Keppel Shipyard…

BP Starts Production at Angola's Platina Oilfield

Nov 25, 2021

BP said on Thursday it had started production at the Platina oilfield offshore Angola, helping Africa's second biggest oil exporter slow a decline in output.The Platina field will be linked to BP's existing Greater Plutonio floating production…

Petrobras Raises Investment Plan to $68 Billion

Nov 24, 2021

Brazil's Petrobras said on Wednesday it expects to invest $68 billion from 2022 to 2026, a sharp increase from its previous five-year plan, as the state-run oil company seeks to grow oil production from the subsea pre-salt area.The oil production forecast for next year fell slightly…

Swiss Public Prosecutor Fines SBM Offshore for Bribery

Nov 24, 2021

SBM Offshore, one of the world's largest suppliers of FPSO vessels for the offshore oil and gas industry, has been ordered to pay 7.0 million CHF (around USD 7.6 million) for bribery in the 2005 – 2012 period.A year ago, SBM Offshore said that…

Brazil: Wood to Keep Maintaining Equinor's Peregrino Offshore Facilities

Nov 24, 2021

Norwegian oil and gas company Equinor has extended the contract with the engineering and consulting firm Wood for the delivery of maintenance solutions across the Peregrino wellhead platforms (WHP) and FPSO, located offshore Rio de Janeiro, Brazil…

PJV to Equip Brazil-bound FPSO Duo with Valves

Nov 23, 2021

PJ Valves (PJV), a manufacturer and supplier of valves for the energy industry, has secured orders to supply valves for two FPSOs in Brazil.One of these FPSOs is planned to be one of the largest offshore oil producing units in the world. The FPSO…

Guyana to Request Stronger Financial Guarantees from Oil Operators

Nov 23, 2021

Guyana is getting ready to raise requirements on oil operators to protect the nation against spills and future removal costs of production platforms, the head of its environmental agency told Reuters.Guyana currently requires financial assurance…

Report: Petrobras to Raise Capex to $60-$70B in 2022-2026 Plan

Nov 19, 2021

Petroleo Brasileiro SA is expected to commit between $60 billion and $70 billion in capital expenditure (capex) in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas…

FPSO Compressor Fault Affects Pharos' Vietnam Output. Infill Drilling Campaign Complete

Nov 18, 2021

Pharos Energy plc, an oil and gas exploration and production company, with an interest in the TGT field offshore Vietnam, has completed the first phase of the infill development drilling program at the field, however, it has also experienced a setback with an FPSO compressor…

80 New Jobs in Aberdeen: PD&MS to Modify Dana Petroleum's FPSOs

Nov 18, 2021

Engineering and construction company PD&MS Group has secured a contract to carry out modifications on Dana Petroleum's Triton and Western Isles FPSOs in the UK North Sea.The contract, of an undisclosed value, is expected to create up to 80 new jobs at its Aberdeen base…

SBM Offshore to Build Fourth FPSO for Exxon in Guyana

Nov 17, 2021

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…

Hurricane Energy Says Talks with Bluewater Over FPSO Deal 'Positive'

Nov 16, 2021

Hurricane Energy, a UK-based oil firm producing oil from the Lancaster offshore field in the UK, has said it has had positive talks over the Aoka Mizu contract extension with owner Bluewater.Hurricane Energy, which started producing from the…

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