Floatingproduction News

 

W2POWER Floater Passes First Test

Oct 24, 2019

Testing of the W2Power multi-turbine floating offshore wind platform prototype has been completed at the Plocan test site at the Canary Islands in Spain.The Oceanic Platform of the Canary Islands (PLOCAN) said the test was developed between June 2019 and October 2019, focused on a 1:6 scale prototype, aiming to collect information from different parameters that will allow a further development and optimization of this multi-turbine platform…

Floatgen Output Doubles in H2 2019

Jan 14, 2020

The 2 MW Floatgen floating wind turbine, the first wind turbine installed offshore France, more than doubled its power production in the second half of 2019 compared to the first semester, reaching an annual total of 6GWh.According to the developer Ideol…

Eni Extends Abo FPSO Contract

Jan 01, 2020

BW Offshore, a provider of floating production services to the oil and gas industry, has signed an extension agreement for Abo FPSO with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A.The contract is extended until end Q4 2020, with options until Q4 2021…

Global FPSO to Grow at Over 19.9%

Nov 26, 2019

The floating production systems market worldwide is projected to grow by US$85.1 Billion, driven by a compounded growth of 19.5%.Floating production storage offloading (FPSO), one of the segments analyzed and sized in this study, displays the potential to grow at over 19…

World’s Biggest Floating Wind Turbine Readies

Nov 05, 2019

The largest floating wind turbine in the world, an 8.4-megawatt (MW) ABS-classed offshore wind turbine, is about to be installed.ABS has classed the semi-submersible floating wind turbine is the first of three classed by ABS and designed by…

Brazil to Lead in Global FPSO Deployments

Oct 24, 2019

Brazil continues to drive global floating production storage and offloading vessels (FPSOs) deployment with 21 planned and announced FPSOs during the period 2019 to 2025, according to GlobalData.Brazil is expected to deploy a total of 11 planned and ten announced FPSOs by 2025…

Transborders Joins Forces with Osaka Gas

Sep 17, 2019

Perth-based Transborders Energy has signed a memorandum of understanding (MoU) for collaboration with Japan's Osaka Gas.The  MOU will facilitate information and knowledge sharing for both companies to evaluate projects that could commercialize…

Brazil Leads FPSO Crude Production Capacity

Aug 26, 2019

Brazil will also lead globally on crude production capacity through upcoming floating production storage and offloading (FPSO) vessels with 2,430 thousand barrels per day (mbd) between 2019 and 2025.A total of 20 planned and announced floating…

Castle Wind signs MoU for 1GW California OWP

Aug 19, 2019

Monterey Bay Community Power (MBCP) and Floating wind power developer Castle Wind, a joint venture between Trident Winds and EnBW North America, have signed a memorandum of understanding (MOU) to enter into a future, long-term power-purchase…

Total Books Safe Caledonia for Elgin

Aug 02, 2019

Prosafe SE, the owner/operator of semi-submersible accommodation vessels, said has signed a contract with Total E&P UK Limited for the Safe Caledonia flotel to provide accommodation support at the Elgin complex in the UK sector of the North Sea…

Yinson in 2-Months Extension for Vietnam FPSO

Aug 01, 2019

Malaysia's Floating, Production, Storage and Offloading (FPSO & FSO) service provider Yinson Holdings Berhad said that it  has secured a two-month extension for its Lam Son FPSO for operations within the Lam Son field, offshore Vietnam.'The…

Williams Acquires Deepwater Gas Pipeline

Jul 25, 2019

Williams, the provider of large-scale infrastructure connecting U.S. natural gas and natural gas products to growing demand for cleaner fuel and feedstocks, acquired a deepwater natural gas pipeline system that connects offshore output to its Mobile Bay processing plant…

Floating Windpower Partnership Formed

Jul 11, 2019

Japanese engineering giant Hitachi Zosen Corp and French marine renewables technology outfit  Naval Energies will work together in the field of floating wind power.The French marine renewables specialist said in a press release that the two…

Guyana's First FPSO Named Liza Destiny

Jun 27, 2019

Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore.“This is a very special vessel, which will be the first to operate offshore Guyana…

Teekay, Alpha Petroleum FPSO Deal Terminated

Jun 21, 2019

Teekay Offshore Partners, midstream services provider to the offshore oil production industry, said that the agreement with Alpha Petroleum signed in October 2018 for Teekay’s Petrojarl Varg vessel to operate on Alpha’s 100%-owned Cheviot field was terminated…

Current News

Over 40 Offshore Rig Deals Dropped Since March. Still, There's Room for Optimism

Over 40 Offshore Rig Deals Dropped Since March. Still, There's Room for Optimism

Rystad: FPSO Contract Awards to Rebound in 2021 after Poor 2020

Rystad: FPSO Contract Awards to Rebound in 2021 after Poor 2020

Equinor Hires Aibel for Oseberg Works

Equinor Hires Aibel for Oseberg Works

PetroVietnam to Invest in Renewables Amid Shrinking Oil Output

PetroVietnam to Invest in Renewables Amid Shrinking Oil Output

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