Floating Production News

 

Optimus Seventh Generation secures decommissioning contract

Jun 23, 2015

Optimus Seventh Generation, an Aberdeen-headquartered behavioral change consultancy, has strengthened its safety portfolio by securing its first decommissioning contract in a six-figure agreement with a major North Sea operator. The four-month contract…

Relatchable BSC for Gina Krog FPSO

Jun 23, 2015

Subsea connector specialist First Subsea is supplying a relatchable bend stiffener connector to NOV Completion & Production Solutions for a flexible production riser for Statoil’s new Gina Krog, turret moored, floating storage and offloading vessel in the Norwegian sector of the North Sea…

Laggan-Tormore aiming for 3Q start

Jun 23, 2015

Total is expecting to finally achieve first gas on its Laggan-Tormore project in 3Q 2015, according to contractor Petrofac which is set to take a further hit on the project. Petrofac's losses on the 125km subsea-to-shore west of Shetland…

Total a shoo-in for Shtokman

Jun 19, 2015

Gazprom is welcoming Total back to the Shtokman project upon resuming operations in the Russian sector of the Barents Sea. Image of Gazprom, Total and StatoilHydro signing framework agreement for Phase 1…

UTC: DNV GL assess all-subsea solution viability

Jun 19, 2015

Norway-based technical adviser DNV GL launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an 'all subsea' solution. The report, released during this week's Underwater Technology Conference in Bergen…

Floater retirement to set record

Jun 15, 2015

Rystad Energy’s latest research indicates that 88 units within the floater market will have to be taken out between 2015 and 2017, making it the largest ever retirement cycle in the history of offshore drilling. Research shows that this…

ABB wins Bumi Angola automation deal

Jun 15, 2015

Malaysia-based Bumi Armada Berhad awarded ABB a contract to supply electrical and automation systems for a floating production, storage and offloading (FPSO) vessel for a recently discovered oilfield off the coast of Angola. Bumi is reconfiguring the former Armada Ali supertanker…

FPSO market to reach US$8.65 billion in 2015

Jun 11, 2015

The global capital spending on newbuild and converted floating production storage and offloading (FPSO) vessels could reach US$8.65 billion this year, according to consultancy firm Visiongain.  The largest spend will be focused on offshore…

Technip gets GoM subsea decommissioning, installation gig

Jun 10, 2015

Chevron awarded Technip a lump sum project for the decommissioning of the brownfield development and installation of new subsea equipment supporting a floating production system located in Mississippi Canyon, Gulf of Mexico, in a water depth of approximately 2000m…

Alfa Laval lands FPSO contract

Jun 04, 2015

Alfa Laval, a provider of heat transfer, centrifugal separation and fluid handling solutions, won an US$10.2 million (SEK 85 million) order for separation modules. The order, booked in the Energy & Process segment, is scheduled for delivery this year…

Third time's the charm

Jun 04, 2015

Forty years ago this month (June), after a frenzy of exploration and something of a race to be first, first oil was produced from the UK North Sea. Opened by then-UK Energy Secretary Tony Benn, the Hamilton Brothers’ Argyll field beat BP’s Forties field to the post by just over three months…

Strainstall tension monitoring for Kaombo FPSOs

Jun 03, 2015

Floating production vessel operator Bluewater has picked Strainstall to supply chain tension monitoring systems on the two vessels being used on Total's Kaombo development.  Bluewater is supplying two floating production, storage and offloading (FPSO) vessels for the Kaombo development…

Ultra growth in the ultra deep

Jun 01, 2015

Apparently undeterred by low oil prices, oil and gas output from ultra deepwater (>1000m water depth) fields will continue the relentless growth seen in recent years. Image from Shell. In…

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…

Creating a severe-weather riser system

Jun 01, 2015

Jeannie Stell provides an update on BP’s partnership with Wood Group Kenny to design and manufacture an FPSO riser suitable for the “dark and stormy” weather at BP’s Quad 204 redevelopment.   BP…

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