Floating Production News

 

Sevan tested for ultra-deep GOM

May 24, 2016

Model testing of Norwegian ship designer Sevan Marine's cylindrical hull concept for use in the Gulf of Mexico's ultra deepwaters has shown positive results, the firm has reported. The hull design has been tested at the Offshore Technology…

FPF-1 to sailaway next month

May 16, 2016

Ithaca Energy's UK North Sea Stella field production is on schedule for September 2016, following planned sailaway of the FPF-1 floating production facility from Poland next month.   The FPF-1, previously used by Hess on the North Sea Ivanhoe and Rob Roy fields…

Inpex completes Ichthys pre-lay

May 11, 2016

Inpex completed the offshore pre-lay of the 77km chain and cable mooring system for its Ichthys LNG project in the Browse Basin, located off the northern coast of Western Australia. As part of the mooring system, 49 chains were laid on…

Premier cuts 15% Catcher costs

May 11, 2016

UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…

US oil major inks Sevan LNG study

May 10, 2016

Norway's Sevan Marine is to do further work around a possible floating LNG (FLNG) development using its cylindrical vessel concept for a US oil major.  The work follows a paid FLNG feasibility study for the use of the Sevan cylindrical hull for a specific FLNG development…

Nexen ends Ettrick, Blackbird production

May 06, 2016

Nexen Petroleum is to end production from the Ettrick field in the North Sea and remove the floating production facility FPSO Aoka Mizu from the location. Nexen, which is owned by China National Offshore Corporation, terminated a contract with FPSO provider Bluewater in March…

First oil flows from Aje, Nigeria

May 04, 2016

First oil has been achieved from the Aje field, offshore Nigeria, according to field partner Panoro Energy. The field is in OML 113, in the western part of Nigeria in the Dahomey Basin, and operated by Yinka Folawiyo Petroleum Company…

Repsol cleared for removing Varg FPSO

May 04, 2016

Repsol has been given the green light to remove the Petrojarl Varg floating production unit and related subsea structures from the Varg field offshore Norway. The Varg oil field is in the North Sea, about 220km south-west of Utsira in Rogaland county…

Learning to be lean in the subsea sector

May 01, 2016

John Bradbury speaks with ExxonMobil’s Marilyn Tears ahead of her presentation at this year’s Underwater Technology Conference in Bergen, Norway. Tears. Marilyn Tears has already…

Ready for prime time

May 01, 2016

Kory Kinney, of IHS, takes a look at some of the projects underway in the US Gulf of Mexico.   As we move through 2016, construction activity in the US Gulf of Mexico has begun dwindling…

Gulf of Mexico Deepwater Overview

May 01, 2016

Quest Offshore assesses the drilling, subsea, and marine construction dynamics affecting of one of the world’s pre-eminent deepwater basins amid the downturn. The Gulf of Mexico has long been a region of critical importance to the global deepwater industry…

Schlumberger drops out of Fortuna LNG

Apr 29, 2016

Schlumberger and Ophir have terminated discussions over a move which could have given the oilfield services firm a 40% stake in the Fortuna floating LNG development offshore Equatorial Guinea.  Earlier this year, Schlumberger had reached a heads of terms agreement with Ophir over the project…

Tullow eyes next Mauritanian move

Apr 26, 2016

Tullow Oil is eying exploration leads offshore Mauritania in order to fulfill a minimum work obligation of one well on the block before the second exploration phase runs out in November 2017.  Image from Tullow…

Petrobras extends BW Pioneer contract

Apr 25, 2016

Petrobras has exercised an option to extend the fixed term of the lease contract for the floating production, storage and offloading (FPSO) vessel the BW Pioneer from Q1 2017 to Q1 2020. The FPSO BW Pioneer started work on the Cascade…

Video: Glen Lyon FPSO arrives in Norway

Apr 20, 2016

BP's massive newbuild Glen Lyon floating production, storage and offloading (FPSO) vessel has arrived in Haugesund, Norway, for final commissioning work before heading west of Shetland on the UK Continental Shelf. The 270m…

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