Floating Production News

 

Guanabara FPSO Mooring System Installed with Just One Vessel

Sep 02, 2022

Heavy lift shipping and offshore transport and installation contractor Jumbo Offshore reports it has executed the transport and installation of a torpedo pile mooring system, including mooring for flexible risers, umbilical for the Libra Consortium's…

Germany Charters Fifth FSRU

Sep 02, 2022

U.S.-based LNG firm Excelerate Energy said Thursday that it had signed a term sheet with ENGIE for the deployment of a floating storage and regasification unit (“FSRU”) that will provide flexible and secure LNG regasification capacity for Germany…

Phase 2 of Senegal LNG Project Needs $5B - President

Sep 01, 2022

The second phase of Senegal's Greater Tortue Ahmeyim (GTA) gas project will need investments worth around $5 billion and could start in 2024 or 2025, Senegal's President Macky Sall said on Thursday.BP and U.S.-listed Kosmos Energy KOS.N are leading the development of GTA and Yakaar-Teranga…

Senegal Sangomar Offshore Oil Project 60% Complete

Sep 01, 2022

Senegal's Sangomar oil project is 60 percent complete, and a first barrel is expected in the second half of 2023, Woodside Executive Vice-President for International Operations Shiva McMahon said at a conference in Senegal on Thursday. Australia's…

Report: Shell's Vito Offshore Field to Start Production in Early 2023

Aug 31, 2022

Shell's Vito deepwater oilfield in the U.S. Gulf of Mexico will start production in early 2023, partner Equinor said on Wednesday.'It is in the early stages of being installed with the intent of first production (in) early 2023,' Chris Golden…

This Decade's Oil Boom is Moving Offshore - Way Offshore

Aug 31, 2022

Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects, including some in the remote iceberg waters far off Canada's Atlantic coast.Surging oil prices are encouraging the investments…

Floating Production Market Is Booming

Aug 30, 2022

The market for floating production systems is booming, according to World Energy Reports' (WER) latest assessment of activity and developments in the offshore oil and gas market.“Business conditions and market sentiment in the deepwater sector have seldom been so positive…

ABS Launches 'First' Sustainability Guide for Offshore Industry

Aug 29, 2022

Maritime classification society The American Bureau of Shipping (ABS) on Monday launched detailed requirements for greener offshore operations in what it said was the first sustainability guide to target the offshore industry.'Developed by working with major offshore industry clients…

Brazil's PetroRio Brings Frade Offshore Field Back Online

Aug 26, 2022

Brazilian oil company PetroRio said Thursday that production from the Frade offshore field in Brazil had resumed.The news comes after the company said on August 15 that it had interrupted production in the Frade field due to an inert gas line…

Guyana's President Visits Exxon's FPSO. Praises Local Crew

Aug 24, 2022

Guyana's president Irfaan Ali on Monday visited ExxonMobil's Liza Unity FPSO - Guyana's second FPSO in production - where he praised the Guyanese crew aboard.According to Guyana's Department of Public information, he told the Guyanese crew on…

Shell, Unions Reach Deal to End Strike at Prelude FLNG

Aug 23, 2022

Shell and unions representing workers at its Prelude floating liquefied natural gas (FLNG) facility have reached a wage deal to end a long-running strike and restart production at the site off northwest Australia, they said on Wednesday.Shell shut the 3…

Gate Energy to Help LLOG Bring Online Salamanca FPS

Aug 23, 2022

Houston-based engineering, commissioning, and field services firm Gate Energy has won a commissioning management and execution contract for LLOG's Salamanca development in the U.S. Gulf of Mexico.The scope of this work includes pre-commissioning…

Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues

Aug 18, 2022

Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday. Shell shut down the 3.6-million-tonne-a-year site…

Aker Energy Postpones Ghana Offshore Oil Field Plan amid Lukoil's Involvement

Aug 18, 2022

Norway's Aker Energy said on Wednesday it would postpone submission of a development plan for its Pecan oilfield off Ghana amid concern the project could face sanctions over the war in Ukraine due to the involvement of Russian oil firm Lukoil…

Enauta Restarts Production from Atlanta Field

Aug 18, 2022

Brazilian oil company Enauta has brought back online oil production from the Atlanta field, following a planned downtime.Enauta had said earlier this month that the gradual output resumption would take place by mid-August when a new water treatment…

Current News

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SLB Acquires Well Intervention

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Record Production Boosts Chevr

ExxonMobil’s Profit Shoots Above Expectations

ExxonMobil’s Profit Shoots Abo

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