To collaborate on the localization of main equipment and materials for offshore plants, Hyundai Heavy Industries (HHI) has signed a memorandum of understanding with Doosan Heavy Industries and Construction (DHIC) and Center for Creative Economy and Innovation (CCEI) in Ulsan and Gyeongnam…
Panoro Energy announced that the final works on the floating production, storage and offloading (FPSO) vessel, for the Aje field operations, have been completed. The vessel has left Singapore and is expected to arrive in Nigeria mid-March 2016…
Audrey Raj speaks to Japanese gas giant INPEX about its US$34 billion Ichthys LNG development and the key components that make up the offshore production facilities of the project. The monoethylene…
GE Oil & Gas and SBM Offshore have agreed to what they are calling the first ever global maintenance agreement for an entire fleet of floating production, storage and offloading (FPSO) vessels. Under the agreement, GE Oil & Gas will provide spare parts…
The floating production, storage and offloading (FPSO) vessel, Prof. John Evans Atta Mills set sail from Singapore on 23 January. The vessel is sailing to Ghana, where it will produce and store oil from Ghana’s Tweneboa-Enyenra-Ntomme (TEN) offshore oil fields…
A relentless focus is required to maintain and optimize production on often aging North Sea assets. Elaine Maslin reports. Wintershall’s Brage platform. Photos from Wintershall. Optimizing…
German operator Wintershall has delayed a decision on concept selection for its Skarfjell project offshore Norway in order to slash 40% of the costs from the project. Wintershall said this will see a decision made in Q3-Q4 this year, rather than Q1 as expected…
Statoil has picked Aker Solutions to provide a concept study for a floating production, storage and offloading facility for the Johan Castberg oil field development in the Barents Sea. The announcement comes just days after Statoil said it was now moving ahead with the delayed project…
Floating production specialist SBM Offshore has accepted an out of court settlement over allegations relating to the Petrobras corruption scandal - but says this doesn't amount to an admission of guilt. The allegations were made in December…
The BW Athena floating production, storage and offloading (FPSO) vessel is to be demobilized from the Athena field in the UK North Sea next month. The move, which had been expected, will the see BW Athena leave the field Athena and Anglia fields…
Swedish exploration and production firm Lundin Petroleum is to sell the floating production vessel Bertam to Malaysian state-backed M3nergy for US$265 million. The deal, expected to complete in Q1, is subject to certain completion conditions…
Eni is a step closer to starting production on the Barents Sea Goliat field in coming weeks following consent to use the Goliat floating production, storage and offloading (FPSO) facility from Norway's Petroleum Safety Authority (PSA). The…
Trelleborg Sealing Solutions has opened a dedicated climate-controlled swivel stack seal inspection facility for the validation of custom seals for floating production storage and offloading (FPSO) operators. The facility, located in Barendrecht…
Statoil is to move ahead with its delayed Johan Castberg oil field in the Barents Sea after cutting estimated development costs by half. The firm is now planning a floating production, storage and offloading vessel for the development…
Wood Group has secured a three-year contract with Shell Australia's Prelude, floating liquefied natural gas (FLNG) project. Wood Group Kenny will provide specialist consultancy services for flexible riser integrity management prior to and during operation of Prelude FLNG…
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