Floating Production News

 

BW Offshore uses SafeEx systems

Feb 10, 2015

Danish saftware specialist SafeEx has developed software for Ex inspection and registration now deployed on three FPSOs, with more orders expected.  Traditionally, Ex inspections have been conducted with pen and paper as well as subsequent…

Challenges in the deep

Feb 04, 2015

Gas has been found in great quantities offshore East Africa. What will be the challenges around getting it to shore? Alex Hunt takes a look. The East African coastline. Image from the GRID-Arendal Continental Shelf Programme…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Caribbean FLNG delayed

Feb 03, 2015

Belgium’s Exmar announced in its quarterly report that operator Pacific Rubiales Energy will delay start-up for the Caribbean FLNG project offshore Colombia, which was to be the first operational FLNG facility. Exmar said that Pacific…

GE launches marine division

Jan 30, 2015

GE has launched GE Marine, a new organization focusing on the merchant, offshore and naval industries, to be led by Tim Schweikert, VP, GE Marine.  This new organization brings together GE’s commercial and technological expertise in the…

SBM poaches Technip exec

Jan 30, 2015

Technip's president and chief operating officer (COO) is joining Netherlands-based floating production specialists SBM Offshore as COO. Philippe Barril (pictured) will start on 1 March. Barril had joined Technip five years ago and had been named president and COO in January last year…

Yinson inks Ghana FPSO deal

Jan 28, 2015

Malaysia's Yinson Holdings has won a US$2.5 billion FPSO charter and operation contract with Eni on the deepwater Offshore Cape Three Points Block (OCTP), offshore Ghana. The contract, agreed between Eni and Yinson companies Yinson Production…

EnQuest ups production

Jan 23, 2015

North Sea oil independent EnQuest is expecting its 2015 production to be at least 10% above previous expectations, and announced a 40% cut in capital spending, easing concerns the firm could breach debt covenants.  EnQuest said 2014 production was up 17% compared to 2013…

Cairn completes Catcher farm-out

Jan 21, 2015

Cairn Energy has completed a farm to Dyas UK, comprising a 10% interest in the Premier Oil-operated Catcher development and adjacent acreage in the UK North Sea. In return for the 10% stake, Dyas will carry Cairn’s exploration and development costs up to a cap of US$182 million…

Problems persist at Huntington

Jan 20, 2015

An incident on the BP-operated Central Area Transmission System (CATS) riser platform during a restart in the middle of December means output on the Huntington field, and others, remains restricted.  Partners in the E.ON operated Huntington field…

Bøyla ups Lundin production

Jan 19, 2015

First oil has been produced from the Det norske-operated Bøyla field in production license 340 in the Norwegian sector of the North Sea offshore Norway.  Bøyla, a subsea tie-back to the Alvheim floating production facility, is estimated…

N'Goma now formally on hire

Jan 15, 2015

The N'Goma FPSO is now on hire to Eni after achieving a 72-hour continuous production test in early December and receiving a Production Readiness Notice (PRN). The N’Goma FPSO is operating on the West Hub, on Block 15/06 offshore Angola…

Q3 Greater Stella start-up planned

Jan 12, 2015

Ithaca Energy is looking to more than double its production in late 2015 when its North Sea Greater Stella Area development is due to come on stream. The firm averaged 12,300 boe/d in 2014, according to a 2015 outlook published this morning…

Norne extension to 2030

Jan 09, 2015

Statoil is hoping to extend the life of the Norwegian Sea Norne field to 2030 - more than 15 years after it was originally scheduled to be shut down.  The Norway-based operator says the field life will be extended by tying in new discoveries in the area…

Eni extends BW Offshore FPSO contract

Jan 02, 2015

BW Offshore has signed a Letter of Intent for a two years extension for FPSO Abo with Nigerian Agip Exploration Limited, an affiliate of Eni, until Q4 2016, with options for additional seven years (until Q4 2023).  The Abo field came onstream…

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