First oil on EnQuest’s Alma/Galia project is now scheduled for Q1 next year, weather permitting, due to an increase in the scope of work on the development's floating production unit. EnQuest said the increased work related to the refurbishment…
International Maritime Associates (IMA) and Energy Maritime Associates (EMA) have completed an in-depth analysis of the floating production sector. The inventory of floating production systems is now at 269 units – FPSOs account for 61% of the existing systems…
Tullow Ghana Ltd. awarded Modec subsidiary TEN Ghana MV25 B.V. contracts for the supply, charter and lease, operations and maintenance of a FPSO vessel for the Tweneboa, Enyenra, and Ntomme (TEN) fields in the Deepwater Tano contract area…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
Sophisticated monitoring systems on floating production systems can provide real time information for operational support and to improve performance, but a holistic approach is needed to be fully beneficial. Louise Ledgard, head of oil and gas business development…
DOF Subsea Norway has been awarded a contract by Teekay Petrojarl Production in Norway for work on a newbuild FPSO. The scope of work includes mooring pre-installation, tow-out and hook-up work for Teekay Petrojarl Production’s new FPSO…
PTTEP Australasia achieved first oil from the Montara field in the Timor Sea off Western Australia. The Montara Venture FPSO started production at the H2 well in early June. The company expects to ramp production to 21,000bo/d with first off-take of oil from the FPSO occurring by August…
Sabah Shell Petroleum Co. Ltd. received a semisubmersible floating production system (FPS) for Malaysia’s Gumusut-Kakap deepwater field offshore Sabah. The FPS was handed over to Sabah Shell in early June and is installed in about 1200m water depth…
Tritech has been awarded a contract for its real-time riser and mooring line monitoring system RAMS. Following a competitive and detailed bidding process, the firm's system was selected by Single Buoy Moorings (SBM), designer and supplier of turret mooring systems (TMS)…
SBM Offshore was contracted by Shell to supply an FPSO for the Stones development project in the Gulf of Mexico. The contract, valued at about US $1 billion, includes an initial period of 10 years with future extension options up to 20 years…
BW Offshore has agreed an extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd. until the end of Q1 2014. The extension has been agreed to secure operational continuity while joint work to detail longer term program for investment and production is completed.
Teekay Offshore Partners L.P. has agreed to acquire a 50% interest in the Cidade de Itajai FPSO from Teekay Corporation (Teekay) for about US $204 million. The Cidade de Itajai FPSO is operating on the Baúna and Piracaba fields in the Santos basin off Brazil under a nine-year…
BP’s Quad 204 redevelopment will be one of the largest subsea developments in the UKCS. Quad 204 is one of the world’s biggest subsea redevelopment projects, and one of the most complex engineering challenges BP and its project partners have ever undertaken…
QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…
Germanischer Lloyd (GL) has published new guidelines for data networks which are implemented onboard ships or offshore platforms. As the maritime industry makes greater use of automated systems data networks have become more and more complex…