Offshore Engineer Floating Production News


Yinson Tallies Layang FPSO Contract

Feb 14, 2019

Floating production, storage and offloading unit (FPSO) provider Yinson announced Thursday it has received a letter of award from JX Nippon to provide operation and maintenance services for an FPSO due to commence operations at the the Layang field offshore Malaysia by the fourth quarter of 2019…

Aker Energy Eyes FPSO for Ghana Project

Feb 13, 2019

Ocean Yield announced Tuesday that it has entered into an agreement with Aker Energy for the option to bareboat charter the floating production, storage and offloading unit (FPSO) Dhirubhai-1 for a period of 15 years. If the option is exercised…

Video: FPSO Travels from China to Brazil

Feb 13, 2019

Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard.FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC)…

ExxonMobil Makes Two Discoveries Offshore Guyana

Feb 06, 2019

ExxonMobil and its partners have made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12, the U.S. supermajor announced Wednesday. The discoveries…

McDermott Winds FEED for Scarborough FPU

Feb 05, 2019

McDermott International, Inc. on Tuesday announced it has signed a contract with Woodside Energy Ltd. to undertake a front-end engineering and design (FEED) activities for a floating production unit (FPU) for the Scarborough field natural gas development in Western Australia…

FLNG & FSRU Market Otlook

Feb 05, 2019

FLNG & FSRU: Which ones will clear the investment hurdle?IMA/World Energy Reports has just completed a 12-month detailed assessment of the floating liquefaction and regasification market. The 150+ page study examines future market opportunities in floating liquefaction and regasification…

PetroRio Wants Petrobras' Frade Stake

Feb 04, 2019

Brazilian independent oil firm PetroRio SA, which already owns 70 percent of the Frade oil field, has approached Petrobras about buying its 30 percent stake in the field, a person familiar with the matter said.PetroRio recently signed a deal…

FPSO P-67 Starts Production at Lula

Feb 01, 2019

Petrobras announced Friday it has started producing oil and natural gas through the P-67 floating, production, storage and offloading unit (FPSO), in the deepwater Lula Norte area, in the pre-salt of Santos Basin offshore Brazil.The FPSO is located approximately 260 kilometers off Rio de Janeirot…

Petrobras: 'A New Era Begins'

Feb 01, 2019

The new year began with a new government in Brazil and a new management controlling the national oil and gas company Petróleo Brasileiro. There are changes on the horizon for the company commonly known as Petrobras, but its new president Roberto…

FPSO Outlook: New Orders & Growth Trends

Jan 31, 2019

Floating production storage and offloading vessels (FPSO) are by far the most popular type of floating production system, accounting for two thirds of the oil and gas production floaters in service or available.Growth in FPSO inventoryThe number…

PetroRio Buys Chevron’s Frade Stake

Jan 30, 2019

Brazilian independent PetroRio announced Wednesday that it has acquired Chevron’s stake in the deepwater Frade field in the Campos Basin offshore Brazil for an undisclosed sum.The share purchase agreement sees the U.S. supermajor sell its 51…

Prelude FLNG's Rise

Jan 30, 2019

When at plateau production, Prelude FLNG — the world’s largest floating producer of liquefied natural gas, or LNG — will fill one shipborne cargo every week. As production ramps up from test volumes, there’s the dawning realization of a dramatic shift in LNG markets…

Roxtec Provides Safety Services for Petrobras FPSO

Jan 29, 2019

Multinational petroleum corporation Petrobras turned to cable and pipe seals specialist Roxtec for verification of the cable and pipe transits on board the P-68 floating production, storage and offloading vessel (FPSO) in a Brazil shipyard before final approval from the classification society…

Equinor Cleared to Extend Åsgard A Production

Jan 28, 2019

Equinor’s application to prolong the technical lifetime for the Åsgard A facility in the Norwegian Sea has been approved by the Norwegian Petroleum Directorate, extending production up to 12 years longer than was originally planned.The Åsgard A floating production…

Changing the Rules of the Game in Africa

Jan 24, 2019

Africa's offshore oil and gas potential remains largely unexploited, and 2019 may turn out to be a good indicator on whether countries with shallow-, deep- and ultra-deepwater hydrocarbon resources can make headway in attracting exploration and production investments…

Current News

UDS Lines Up Work for Ultra Deep Matisse

Schlumberger Open Sources Data Ecosystem

Kibsgaard to Become Borr Drilling Chairman

i3 Spuds Pilot Well at Liberator Field

Rosneft to Develop Offshore Fields in Mozambique

Equinor Secures Subsidy for Wind Turbines at North Sea Oilfields

TechnipFMC Tallies Shell PowerNap Award

Norway Oil Industry Trims Investment Forecast

Premier Oil to Upgrade Catcher Reserves

FPSO Market Growth Props BW Offshore’s Africa Plan

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