Floating Production News

 

Bangladesh Cancels LNG Import Tender over High Prices

Oct 23, 2020

Bangladesh is canceling another tender to import liquefied natural gas (LNG) in December, as it received one offer to supply the shipments that were too expensive, a senior energy ministry official said on Friday.The offer from the Asian unit of Vitol to supply 138…

BW Offshore Liquidates Subsidiary after FPSO Stuck in New Zealand for Months

Oct 23, 2020

Oslo-listed FPSO leasing specialist BW Offshore is liquidating its New Zealand subsidiary operating the FPSO Umuroa, stuck in New Zealand for months after the termination of the charter and the liquidation of its client Tamarind Resource. Tamarind…

Brazil: Karoon Gets ANP Approval to Take Over Bauna Field

Oct 23, 2020

Australian oil and gas company Karoon Energy said Friday that the Brazilian national oil regulator ANP had approved, with conditions, Karoon's acquisition of the Bauna offshore field from Petrobras.The field is located in shallow waters in the Santos Basin in concession BM-S-40…

ABS Grants Approval in Principle for DSME Floater

Oct 21, 2020

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) for the design of what it described as 'a wide breadth, single row, near-shore LNG Floating Production Storage Offloading Vessel (FPSO) hull with a jetty-moored system…

Exmar, YPF Settle Dispute, Terminate Tango FLNG Charter

Oct 20, 2020

Belgium-based shipowner Exmar has settled a dispute over the charter of the Tango FLNG with Argentinian energy firm YPF, that will see the FLNG charter terminated in exchange for a settlement fee.To remind, YPF in June sent a force majeure notice to Exmar…

Prelude FLNG Won't Restart in 2020

Oct 16, 2020

Royal Dutch Shell said on Thursday its Prelude floating liquefied natural gas (FLNG) project off Australia, off line since early February, is working on restarting operations but would not resume full production this year. The troubled Prelude…

W. Africa Crude-Angolan CLOV cargo sold, programmes due

Oct 16, 2020

The number of unsold November-loading Angolan crude cargoes fell further on Thursday, traders said, while the Nigerian market was steady.ANGOLAOnly one cargo of CLOV remains unsold after the other found a buyer on Thursday. Details of the cargo's destination were not known…

PJV Valves for Two Brazil FPSOs

Oct 13, 2020

PJ Valves (PJV) has won contracts to supply valves packages for two Brazil-bound FPSOs, the Marlim 2 and Mero 2.The Marlim 2 FPSO will be delivered to Petrobras by Malaysia's Yinson, under the contract signed in March. The FPSO will have the capacity to process up to 70…

FEED Completed for Delfin FLNG Vessel

Oct 12, 2020

Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been…

FPSOs: Hybrid Digital Twins Could Boost Safety and Cut Inspection Costs

Oct 12, 2020

FPSO specialist Bluewater and classification company DNV GL have teamed up in a pilot project aimed at testing how hybrid digital twin technology can predict and analyze fatigue in the hull of an FPSO in the North Sea, increase safety, and reduce operational costs and time by optimizing inspections…

Yinson's First FPSO for Brazil Arrives at Second Shipyard

Oct 08, 2020

Malaysia's Yinson said its floating production, storage and offloading unit (FPSO) Anna Nery sailed away from the Cosco Qidong shipyard in Jiangsu, China and has entered drydock at the Cosco Changxing shipyard in Shanghai, marking the next phase of the FPSO construction…

First Topside Modules Ship for Miamte MV34 FPSO

Oct 07, 2020

The first batch of topside modules has been shipped for a floating production storage and offloading (FPSO) unit for Japan's MODEC, U.S.-based engineering and construction firm McDermott International said on Wednesday.The FPSO, named Miamte MV34…

LQ, Pipe Rack Modules Installed on Energean Power FPSO

Oct 07, 2020

Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard…

Karoon Aiming to Complete Bauna Field Buy This Month

Oct 06, 2020

Australian oil and gas company Karoon Energy expects to complete the acquisition of the Bauna offshore field from Petrobras by the end of the month.The company, which in July 2019 agreed to buy a 100% stake in the Baúna offshore oil field, in the southern Santos Basin…

Miko Marine to Supply Magnetic Hull Closures for Modec FPSO

Oct 06, 2020

Norwegian company Miko Marine will deliver four cofferdams and water inlet covers for a Modec FPSO being built in China.The FPSO, under construction at the DSIC yard in Dalian, will operate at Equinor's Bacalhau field offshore Brazil.Miko Marine…

Current News

How JobMarineMan Is Building a Direct Crew Recruitment Ecosystem

How JobMarineMan Is Building a

PRIO Brings Fourth Wahoo Well Online, Completes Planned Producer Rollout

PRIO Brings Fourth Wahoo Well

Kosmos Closes $127M Equatorial Guinea Assets Sale to Panoro

Kosmos Closes $127M Equatorial

Venterra Launches Offshore Wind Data Platform for Metocean Management

Venterra Launches Offshore Win

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine