Fso News


U.S. Tells Eni Repairs to Venezuela Floating Oil Facility Not Barred by Sanctions

Nov 03, 2020

The United States has assured Italian oil company Eni SpA that efforts to prevent a spill at a floating crude facility in Venezuela would not run afoul of sanctions, the company, and the U.S. State Department said on Monday.Images in recent months showing the Nabarima floating storage and offloading facility (FSO), part of the Petrosucre joint venture between Eni and Venezuela's state oil company Petroleos de Venezuela…

PDVSA, Eni Looking at Options to Offload Oil from Idle FSO

Sep 03, 2020

Venezuela's state-run PDVSA and Eni are looking at options to safely offload crude from a floating storage facility on Venezuela's eastern coast that has remained idle for over a year due to U.S. sanctions, according to sources close to the discussions and a statement from the Italian oil company…

With Dampier Spirit FSO Set to Leave Stag Field, Jadestone Turns to Tankers

Sep 03, 2020

Oil and gas firm Jadestone Energy has signed new offtake arrangements for its Stag offshore oil field in W. Australia as the FSO used to take oil off the Stag platform is set to retire.Jadestone’s Stag oilfield produces crude oil via a fixed leg…

Equinor Extending Asgard C FSO Life until Sep 2028

Jul 01, 2020

Norwegian energy giant Equinor has been given regulator approval to extend the producing life of Åsgard C Floating Storage and Offloading unit in the Norwegian Sea.Under the approval granted this week by the Petroleum Safety Authority Norway…

CNRI Files Removal Plan for Two North Sea Floaters

Mar 31, 2020

CNR International (CNRI) has filed plans for the removal of the Petrojarl Banff FPSO and the Apollo Spirit FSO, from its Banff and Kyle fields in the North Sea. Apart from the two floaters, CNRI will also remove the associated risers and mooring systems…

Royal IHC inks Culzean FSO EPC

Oct 19, 2016

Royal IHC has signed a new contract for the engineering, procurement and construction (EPC) of a tandem mooring and offloading system for a floating, storage and offloading (FSO) vessel. Image from Royal IHC…

SPS used to repair FSO hull

Oct 19, 2016

Intelligent Engineering has seen its SPS repair system used on a floating storage and offloading (FSO) vessel offshore Cameroon.  The FSO Komi Kribi 1 (KK1), converted in 1977 from a VLCC and operated by ExxonMobil for Cameroon Oil Transportation Co…

SapuraKencana lands US$65 million in series of contracts

Sep 01, 2016

SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…

MISC inks Chevron Benchamas 2 work

Aug 23, 2016

MISC Berhad has entered the Thailand offshore oil and gas market after winning a US$230 million, 10-year deal with Chevron for the lease and operations of a floating storage and offloading vessel (FSO). MISC’s wholly-owned subsidiary…

Going against the gloom

Aug 01, 2016

John Bradbury takes a look at activity in the North Sea – across Norway and the UK. Johan Sverdrup - an artist's impression. Image from Statoil. By the middle of 2016 it was evident…

Novenco to supply Martin Linge FSO

Jun 02, 2016

Novenco Offshore has signed a contract with Polish shipyard Remontowa Shiprepair Yard for delivery of HVAC Equipment for the conversion of the tanker Hanne Knutsen to FSO for the Martin Linge field.  Total E&P Norway will rent the Hanne Knutsen from KNOT FSO 1…

The floating production market: 2016 & beyond

Jan 01, 2016

While depressed commodity prices lend to pessimism, floating production systems are projected to remain an integral component of offshore field development. Quest Offshore analyst Andrew Jackson explains. The…

ClassNK issues latest floater guidelines

Dec 04, 2015

Japan-based classification society ClassNK has released its Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage Offloading and Regasification (Third Edition).  The first edition of the guidelines laid out specific…

Sembcorp inks Culzean FSO contract

Nov 19, 2015

Sembcorp Marine has won a contract to design and build a new floating, storage and offloading (FSO) vessel for Maersk's Culzean development in the North Sea. The vessel, to be built under a contract with MODEC Offshore Production Systems (Singapore)…

MODEC inks Culzean FSO deal

Sep 16, 2015

Japan's MODEC has made its first entry into the North Sea thanks to a contract with Denmark's Maersk Oil. Maersk Oil's UK North Sea business has inked a contract with MODEC for the supply of a floating storage and offloading (FSO) vessel for the US$4…

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