Floating Production System News

 

Technip, SHI enter design partnership

Sep 22, 2015

Technip and South Korea’s Samsung Heavy Industries (SHI) are teaming up to develop a joint design of a low motion semisubmersible production platform. Technip and SHI already work together under a consortium arrangement, the Technip Samsung Consortium…

Ocean thermal-energy conversion gathers steam

Jun 01, 2015

Against a backdrop of growing global activity, ocean thermal-energy conversion (OTEC) is increasingly attracting investment, with work underway to develop technical specifications. Martin Brown, convenor of the International Electrotechnical…

Delta House flows

Apr 17, 2015

Louisiana-based LLOG Exploration Co. began production from the Delta House floating production system (FPS) in the Gulf of Mexico. Delta House. From LLOG. Delta House is located in Mississippi Canyon 254…

West Africa an FPSO hot spot

Mar 09, 2015

The low oil price is having major impact across the oil and gas industry. However, DW’s recently released World Floating Production Market Forecast 2015-2019 expects capital expenditure on FPS units to total $81 billion between 2015 and 2019…

NOV announces restructure

Oct 18, 2014

NOV has restructured into three business segments: NOV Rig Systems, NOV Wellbore Technologies, and NOV Completion & Production Solutions. NOV Rig Systems makes and supports drilling solutions, designing and manufacturing drilling equipment components…

Delta House moves to GoM

Oct 09, 2014

Marine Contracting's Houston outfit towed LLOG Exploration’s Delta House semisubmersible floating production system (FPS) to its operating site located in Mississippi Canyon 254 in the Gulf of Mexico. LLOG Delta House…

Deep Sea Mooring backs new business

May 08, 2014

Norwegian mooring solutions and services firm Deep Sea Mooring (DSM) is backing a new, specialist business dedicated to subsea installation solutions. Deep Sea Installation (DSI), which will initially focus on the floating production, storage and offloading vessel segment…

Floating production to reach $130B

Feb 25, 2014

Energy Maritime Associates (EMA) predicts US$130 billion will be spent on floating production units by 2018. A report by the Society of Petroleum Engineers said that continued expansion in the use of subsea production technologies, coupled…

138% increase in FPSO spending

Feb 19, 2014

Douglas-Westwood’s latest World Floating Production Market Report forecasts that, during 2014-2018, US$99 billion will be spent on floating production systems – an increase of 138% over the preceding five-year period. Report author, Damilola Odufuwa…

LAGCOE13: InterMoor grabs LLOG work

Oct 22, 2013

InterMoor has been awarded a contract for design, fabrication and installation of 12 suction pile anchors, pre-set installation of 12 chain polyester chain mooring lines and hook-up of the LLOG Delta House production semi-submersible floating production system (FPS)…

OE @OE hosts seminars

Oct 18, 2013

As part of SPE Offshore Europe 2013 ExxonMobil Fuels & Lubricants and Caterpillar Marine & Petroleum Division (CAT) joined forces for an interactive breakfast seminar, hosted by Offshore Engineer’s Paul Hutton. Maintenance and engineering…

OE13: ExxonMobil and GL seminars filmed

Sep 16, 2013

As part of SPE Offshore Europe 2013, ExxonMobil Fuels & Lubricants and Caterpillar Marine & Petroleum Division (CAT) joined forces for an interactive breakfast seminar, hosted by Offshore Engineer’s Paul Hutton.  Maintenance and engineering…

FPSO numbers grow 84%

Aug 08, 2013

International Maritime Associates (IMA) and Energy Maritime Associates (EMA) have completed an in-depth analysis of the floating production sector. The inventory of floating production systems is now at 269 units – FPSOs account for 61% of the existing systems…

Gumusut-Kakap gets FPS

Jul 25, 2013

Sabah Shell Petroleum Co. Ltd. received a semisubmersible floating production system (FPS) for Malaysia’s Gumusut-Kakap deepwater field offshore Sabah. The FPS was handed over to Sabah Shell in early June and is installed in about 1200m water depth…

Subsea tiebacks: The latest strategies

Apr 15, 2013

Après the moratorium of deepwater drilling in the Gulf of Mexico, operators are once again exploring for opportunities offshore. Yet, escalating costs for production facilities can prohibit the profitability of some marginal fields. Jeannie…

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