Floating Production System News

 

Building Appomattox

Sep 23, 2019

A video from Shell highlights how engineers involved in design and construction of the ultra-deepwater Appomattox development tackled complex challenges to meet the operator's ambitious goals for the project, including longer lifespan and greener operations…

API Issues New Integrity Management Rules

Sep 10, 2019

The American Petroleum Institute (API) published three new integrity management (IM) standards for operating offshore floating production platforms, including facilities designed to produce natural gas and oil, and export liquefied natural gas (LNG)…

FLNG Project Count Hits 20

Aug 26, 2019

Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday…

Williams Acquires Deepwater Gas Pipeline

Jul 25, 2019

Williams, the provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks, acquired a deepwater natural gas pipeline system that connects offshore output to its Mobile Bay processing plant…

Gulf of Mexico Oil Production Hits Record

Jun 03, 2019

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, said Rystad Energy.Royal Dutch Shell started producing oil and gas this month at its Appomattox platform in the deepwater GoM several months ahead of its expected startup in 3Q 2019…

Shell Starts Production at Appomattox

May 23, 2019

The Shell-operated Appomattox floating production system in the US Gulf of Mexico has been brought into production several months ahead of schedule, the British-Dutch supermajor announced on Thursday.The ultra-deepwater Appomattox development…

Moog Focal Products for APL Norway AS

Feb 22, 2019

A Floating Storage and Offloading project in the Norwegian Sea is to benefit from high-end products for data and process control from MacArtney & Moog Focal.MacArtney has secured a contract from APL Norway AS, a Norwegian Mooring and Loading…

FPS Market in Americas to Grow 7%

Feb 22, 2019

The floating production systems (FPS) market in Americas will register a CAGR of almost 7% by 2023, said a study.The need to meet the increase in demand for energy for both export and domestic consumption in the region is driving the growth of offshore oil and gas activities…

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…

Eni Contracts MODEC for FPSO

Oct 11, 2018

Japan's MODEC is to provide and operate a floating production storage and offloading (FPSO) vessel for Eni Mexico, a subsidiary of Eni.According to a press release from the Japanese supplier and operator of offshore floating platforms,  it has received a Letter of Intent (LOI) for supply…

HHI to Build FPS for LLOG Exploration

Oct 10, 2018

South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement…

2017 turnaround for FPS segment

Nov 10, 2017

The floating production systems (FPS) has seen a return to activity in 2017, says analysts Westwood Global Energy Group.  The firm says that in 2016 no FPS units were ordered. With two months of the year remaining, 11 units have been ordered this year…

Sea Lion to tap UK Export Finance, contractors

Sep 07, 2017

Falklands-focused explorer Rockhopper Exploration says a funding package for the Sea Lion development is progressing, with the UK's export credit agency and contractors potentially set to step in with cash.  Rockhopper says the Premier…

Appomattox hull sets sail for US Gulf

Aug 09, 2017

The hull for Royal Dutch Shell’s Appomattox field development project has set sail from Geoje, South Korea to Ingleside, Texas for completion of construction. Source: Shell Fabrication on…

Petrobras eyes Maromba sale

Jul 07, 2017

Brazil's Petrobras is offering its 70% interest in the Maromba heavy oil field in the Campos Basin, offshore Brazil. Chevron also has a 30% and is also looking to divest the Campo de Maromba (BC-20A concession). 'The potential transaction…

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