Offshore Floating Production News - page 52

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…

UK FPSO guidelines published

Nov 24, 2014

Oil & Gas UK has published two updated sets of guidelines to help operators of floating production storage and offloading facilities (FPSOs), floating storage units (FSUs) and offtake tankers to adopt advances in industry good practice. Oil & Gas UK’s operations director…

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…

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