Floatingproduction News

 

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  Petrovietnam Technical Services Corp (PTSC) has entered into a third addendum to the BBC Interim Contract with PTSC to further extend the tenure of the BBC Interim Contract for a period of two months commencing from 1 August 2019 to 30 September 2019…

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…

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…

Danska Commodities Inks PPA with Hywind Scotland

Jun 21, 2019

Danish energy trading company Danske Commodities signed a 20-year Power Purchase Agreement (PPA) with the world’s first floating wind farm, Hywind Scotland.Hywind Scotland, the world's first commercial-scale floating wind farm, was officially opened in October 2017…

Addax Signs FPSO Charter with Yinson

Jun 19, 2019

Malaysia's  Yinson Holdings has secured a four-year extension of its floating production storage and offloading (FPSO) charter contract worth $137.5 million with Sinopec subsidiary Addax Petroleum.Yinson said in a stock exchange annoucement…

Dubai Intros Floating Solar Power Plants

Jun 11, 2019

The Dubai Electricity and Water Authority (DEWA) has issued a request for proposal (RFP) to appoint consultants to study, develop and construct floating solar photovoltaic plants in the Arabian Gulf.'This is a new and innovative initiative by…

Equinor Eyes Floating OWF in Canary Islands

Jun 05, 2019

Norwegian energy giant Equinor has received the green light to build a 200-MW floating offshore wind farm (OWF) off the coast of the Canary Islands.According to local media report, the energy major planning to invest around €860M to the OWF off Spain's Gran Canaria island…

Ocean Yield Extends FPSO Deal with Aker Energy

May 29, 2019

Norway-based shipping company Ocean Yield has entered into an option agreement with Aker Energy for a long-term bareboat charter of the FPSO Dhirubhai-1.The option period expired on the 1st of May but was extended until the 30th of May 2019…

SBM Wins ExxonMobil Guyana FPSO Order

May 13, 2019

Dutch-based floating production, storage and offloading unit (FPSO) provider SBM Offshore has won a contract to deliver an FPSO for ExxonMobil’s second phase of the Liza development offshore Guyana.Esso Exploration and Production Guyana Limited (EEPGL)…

DNVGL: New Mooring Line Solution for Offshore Ops

May 06, 2019

DNV GL has developed a solution that is designed to reduce the risk of offshore floating vessel mooring line failure going undetected by replacing physical sensors with a machine learning algorithm that accurately predicts line failure in real time…

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