Floating Production News

 

Gastrade Sees Decision On Second LNG Terminal This Year

Feb 23, 2023

Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…

SBM Offshore Forecasts Annual Revenue of Over $2.9 Billion in 2023

Feb 23, 2023

Dutch oil and gas services firm SBM Offshore forecast on Thursday an annual revenue of above $2.9 billion for 2023, bringing its guidance for earnings before interest, taxes, depreciation, and amortization (EBITDA) to above $1 billion.The group…

Brazil: Enauta's FPSO Petrojarl I Undergoing Maintenance

Feb 22, 2023

Brazilian oil company Enauta said Wednesday that the water-cooling system of the FPSO Petrojarl I entered preventive maintenance. The FPSO is used as an early production system at Enauta's Atlanta field.'The maintenance interruption should last until the beginning of the next week…

Guyana to Monitor Offshore Drilling Rigs, Potential Oil Spills from Space

Feb 21, 2023

Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…

Flexible Pipes to Extend the Life of Girassol Offshore Field in Angola

Feb 21, 2023

TechnipFMC has won a contract with TotalEnergies to supply flexible pipe and associated hardware for what it said was the French oil major's first subsea life extension project in West Africa.The project, in Angola's offshore Block 17, is related to the Girassol field life extension…

Triton FPSO Sees Highest Output Rates in 10 Years as Tailwind's Well Comes On Stream

Feb 20, 2023

Production from Tailwind Energy's Gannet GE-04 well in the UK North Sea has started via the Triton FPSO, Serica Energy said Monday.The diving support vessel Deep Discoverer mobilized to the Triton area in early February to carry out the subsea tie-in of the Gannet GE-04 well…

100,000 barrels per day: Shell Starts Production from Vito Offshore Platform in U.S. Gulf of Mexico

Feb 16, 2023

Oil major Shell has started production from its Vito offshore platform in the US Gulf of Mexico (GoM). 'With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company's first deep-water platform in the GoM to employ a simplified…

Australian Regulator Accepts Santos' Offshore Project Proposal for Dorado

Feb 14, 2023

The Australian offshore oil and gas safety regulator NOPSEMA has accepted Santos' Offshore Project Proposal (OPP) relating to the Dorado project, one of the largest ever oil discoveries in Australia’s North Western Shelf.'Acceptance of the OPP…

Guyana's Oil Conference Starts as Exxon Mulls Adding More Offshore Blocks

Feb 14, 2023

As oil industry officials from around the world descend on Guyana for a conference to showcase its potential as an oil power, the biggest player in its oil boom still has decisions to make on its future in the South American country.Liam Mallon…

History Made: Energean Announces First Ever Israeli Crude Oil Export

Feb 14, 2023

Oil and gas company Energean on Tuesday announced the first ever lifting of an Israeli crude oil cargo had taken place at Energean's Karish offshore field. 'For the first time in the history of Israeli oil & gas production, hydrocarbon liquids will be exported to global markets…

Equinor Awards Contracts to Subsea 7, DeepOcean for Norwegian Sea Field Work

Feb 13, 2023

The Norwegian oil company Equinor has awarded Subsea 7 two contracts for the development of the Irpa and Verdande fields in the Norwegian Sea. The two projects will be executed in a consortium between Subsea 7 and DeepOcean.Subsea 7 said the value of the combined projects was 'sizeable…

Offshore Workers' Strike Could Affect Over 30 Platforms in UK

Feb 10, 2023

UK-based workers' union Unite said Friday that some 300 Stork construction members would be balloted on strike action on over 30 offshore installations in the UK Continental Shelf (UKCS), potentially affecting operators such as EnQuest, Repsol…

Eni Poised to Take Over Chevron's Stake in Indonesia Deepwater Development Project

Feb 10, 2023

Italy's Eni could take over Chevron's stake in and operatorship of the Indonesia Deepwater Development (IDD) gas project by mid-2023, a senior Indonesian energy ministry official said on Tuesday.'Currently Eni is working, and so far, so good…

Greenpeace Says Shell Threatens Protestors Occupying FPSO with "Jail Time, Fines"

Feb 08, 2023

Shell has reportedly threatened legal action against Greenpeace activists who last week boarded a heavy load carrier carrying Shell's Penguins FPSO, destined for deployment in the UK North Sea.Last Tuesday, four activists climbed aboard the…

Jadestone Energy Targets End of Month Production Restart for Montara Venture FPSO

Feb 08, 2023

Jadestone Energy, an Asia Pacific-focused oil and gas company, has taken a step toward restarting production from its Montara Project offshore Australia.The company shut down production from the Montara Venture FPSO last year, first, to allow…

Current News

Shell Seeks Buyer for 20% Stake in Brazilian Oilfield Cluster

Shell Seeks Buyer for 20% Stak

VAALCO Energy Spuds First Well in New Drilling Campaign off Gabon

VAALCO Energy Spuds First Well

US Judge Overturns Trump’s Freeze on Wind Energy Permits

US Judge Overturns Trump’s Fre

EnerMech Gets Onboard Woodside’s Pluto Train 2 LNG Project

EnerMech Gets Onboard Woodside

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