Offshore Floating Production News - page 7

Petrobras Exits Africa As Nigeria-Focused Business Sold for $1.5B

Jan 15, 2020

Brazilian oil company Petrobras has sold its Nigeria-focused subsidiary for around $1,5 billion.Petrobras said Wednesday it had completed the sale of its 50% equity interest held in Petrobras Oil & Gas B.V.  (PO&GBV).PO&GBV has assets in Nigeria…

Modec Eyes Major Brazil Contracts

Jan 14, 2020

Japanese floating equipment maker Modec Inc is looking to win one or two major platform contracts per year in Brazil as it aims to grow in the country's offshore oil boom, a senior executive told Reuters.A string of contracts in recent years has made Brazil a key market for the firm…

Eni's Coral Sul FLNG hull launched

Jan 14, 2020

Italian oil and gas company Eni has launched the hull of its Coral Sul FLNG unit at Samsung's Geoje yard in South Korea.Once completed the FLNG unit will be deployed over Eni's Coral reservoir in Area 4 offshore Mozambique and will be used to…

Liza Unity FPSO Hull Arrives in Singapore

Jan 13, 2020

The Netherlands-based SBM Offshore said the Liza Unity floating production, storage and offloading unit (FPSO) hull has arrived in Singapore for topsides integration work ahead of planned startup for client ExxonMobil offshore Guyana in 2022…

7th Extension for FPSO Polvo in Brazil

Jan 13, 2020

Brazilian oil firm PetroRio has extended the FPSO Polvo charter with BW Offshore. Oslo-listed owner of the FPSO BW Offshore said Friday that it had signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo…

Modec Confirms Sangomar FPSO Order

Jan 10, 2020

Japanese FPSO specialist Modec has confirmed it has secured an order from Woodside for an FPSO to be deployed at the Sangomar project offshore Senegal.The confirmation of order came Friday just after Woodside had announced its field development…

Woodside Executes Sangomar Contracts As FDP Approved

Jan 10, 2020

Woodside has received final approval for its Sangomar oil field development plan in Senegal, and the Australian company has now entered the 'execute phase' of activities. The FDP approval comes just days after Woodside and its partners received…

Cleaning Liquid Proves Deadly for Brazilian Crew

Jan 09, 2020

One person died, and five others became seriously ill after reportedly drinking cleaning liquid earlier this week aboard a floating production, storage and offloading unit (FPSO) being transported by Boskalis' Vanguard heavy-transport vessel…

Woodside Gets OK for Sangomar Field in Senegal

Jan 09, 2020

Australian oil and gas firm Woodside has received the Senegal government exploitation authorization for the Sangomar field development offshore Senegal.Woodside filed the final development plan for the Sangomar oil field early in December 2019…

Oil, New Investors Keeping FPSO Market Buoyant

Jan 09, 2020

Rising oil prices are bolstering the numbers of floating production systems on-order or in the planning stage, with fresh orders from Northern Europe and Brazil merely adding to a buoyant market, a new report says.In the doldrums just a few years ago…

Worker Injured on Terra Nova FPSO

Dec 31, 2019

A worker was injured on the Terra Nova floating production, storage and offloading unit (FPSO) offshore Canada's East Coast, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) said on Monday.On Sunday night, operator Suncor…

Santos Plans Van Gogh Maintenance

Dec 31, 2019

Australian oil and gas producer Santos Ltd said on Tuesday it plans to carry out maintenance between April and August at its offshore production unit that produces Van Gogh crude.'The Ningaloo Vision will be undergoing scheduled dry dock maintenance in Singapore over this period…

Petronas Buys Stakes in Two Campos Fields

Dec 30, 2019

Malaysia’s Petroliam Nasional Berhad (Petronas) announced it has acquired stakes in two deepwater fields in the Campos Basin offshore Brazil.Petronas said on Sunday its subsidiary Petronas Petróleo Brasil Ltda. (PPBL) completed its acquisition…

Shell Wins Auction for Guyana's First Liza Cargoes

Dec 26, 2019

Royal Dutch Shell won the rights to market Guyana's first cargoes of crude oil, the government said on Tuesday, just days after oil production began and launched the impoverished South American country into the ranks of world suppliers.An ExxonMobil-led consortium…

ExxonMobil Starts Oil Production in Guyana

Dec 20, 2019

ExxonMobil announced Friday it has begun oil production from the deepwater Liza field offshore Guyana ahead of schedule and less than five years after the first discovery of hydrocarbons.Production from the first phase of the Liza field, located in the 6…

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