Offshore Floating Production News - page 51

BW Offshore chairman retires

Nov 20, 2014

Dr. Helmut Sohmen has announced his retirement, effective 20 November 2014, as Chairman of the Board of BW Offshore Ltd., which owns and operates floating production systems worldwide. He has served as Chair since 2005. Andreas Sohmen…

Initial phase FPSO plan for Sea Lion

Nov 14, 2014

International independent Premier Oil has said its Falklands Sea Lion development is to be scaled back, initially, to make it a phased development due to rising costs and low oil prices.  Initial costs on an initial, smaller floating…

Hydrogen/CO2 FPSO design revealed

Nov 14, 2014

Classification society ClassNK has given approval in principle to a new H2/CO2 floating production, storage and offloading (FPSO) to a new design developed by Mitsubishi Heavy Industries (MHI) and Chiyoda Corporation. FPSOs are used by…

Tullow cuts 2015 exploration spend

Nov 14, 2014

Tullow Oil is to “significantly reduce” its 2015 exploration spend and focus on its West African producing assets, including the TEN development project, amid falling oil prices.  The move will see Tullow’s investment focus on West Africa…

KPOC hits first gas at Kebabangan

Nov 12, 2014

Kebabangan Production Oil Co. (KPOC) began gas production from the Kebabangan (KBB) gas field, approximately 60 mi. offshore Sabah, Malaysia, according to ConocoPhillips Sabah Ltd. The CHIKYU vessel. From Jamstec…

Ophir inks FLNG project lead

Nov 06, 2014

Texas-based Excelerate Energy has been selected by UK-based exploration firm Ophir Energy to lead a consortium to build Africa’s first newbuild, open seas FLNG project.  Excelerate will lead a consortium of technology providers charged…

Talisman suffers UK downtime

Nov 05, 2014

Calgary-based Talisman Energy has said it may suffer writedowns on its UK North Sea assets in Q4 due to battling production efficiency and cost issues on its assets in the basin. In its third-quarter report, Talisman said its UK North…

Cobalt plows ahead on drilling and FPSO projects

Nov 05, 2014

Cobalt International's Cameia #3 appraisal well drill stem test offshore Angola has proved more successful than expected, the firm announced (4 November). The results confirm the existence of a large reservoir and support Cobalt’s plan…

New lease on life

Nov 03, 2014

ABS Group’s Brian Gibbs and David Hua discuss long-term strategies to extend the service life of aging offshore assets. Structural integrity is critical to sustaining stable, reliable, and optimal performance…

Aging infrastructure under wraps

Nov 03, 2014

Simon Frost explains the role of engineered composite repairs in late life asset management. A tubular brace, having suffered wall loss through external corrosion, was reinstated to its original…

Ophir confirms offer for Salamander

Nov 03, 2014

Ophir Energy has confirmed that it has made an offer to the board of Salamander Energy setting out the terms of a possible takeover.  Ophir says there is a “compelling strategic logic for a combination of the two businesses,” with assets in both Africa and South East Asia…

BMT riser monitoring for Total's Egina

Oct 31, 2014

BMT Scientific Marine Services (BMT), a subsidiary of BMT Group, has been selected by Saipem to supply the riser integrity monitoring systems for Total's Egina development located 150km off the coast of Nigeria.  The Egina field, discovered in 2003…

Deepest GoM decom job complete

Oct 30, 2014

InterMoor completed the decommissioning of Anadarko Petroleum Corp.’s Red Hawk spar in the Gulf of Mexico. Red Hawk spar being towed to reefing site. From InterMoor.   According to InterMoor…

Petronas extends FPSO contract

Oct 29, 2014

BW Offshore has received a two year contract extension for the lease and operation of the FPSO Berge Helene from PETRONAS Carigali Mauritania 1. The firm period has been extended to Q2 2017 (from Q2 2015). The FPSO is moored on the Mauritania/Chinguetti fields offshore Mauritania.

Semcorp secures renewables and FPSO contract wins

Oct 20, 2014

Sembcorp Marine's subsidiaries Sembmarine SLP and Jurong Shipyard have secured offshore energy related contracts worth at a combined S$222 million (US$177 million). The firm's 70% owned UK-based firm Sembmarine SLP is to build a new offshore…

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