"FPSO" News

MODEC Orders Palfinger Cranes for Sangomar FPSO

Mar 16, 2021

Japanese FPSO company MODEC has ordered Palfinger cranes for an FPSO it is building for deployment at Woodside's Sangomar development offshore Senegal. Palfinger said Tuesday it would deliver two wire luffing lattice boom cranes for the FPSO…

VIDEO: Topsides Modules Lifted on Guyana-bound Liza Unity FPSO

Mar 16, 2021

SBM Offshore, the Dutch-based FPSO company, said Tuesday that the topsides lifting campaign for the Liza Unity FPSO was recently completed. The FPSO is being built for deployment at ExxonMobil's Stabroek offshore block in Guyana.'Thanks to the efforts of the integrated team…

Enauta Charters Solstad AHTS for Atlanta Field Support

May 11, 2021

Brazilian oil company Enauta has chartered an anchor handling tug and supply vessel from Norway's Solstad Offshore.Solstad Offshore said Tuesday it had struck a deal with Enauta for the charter of the 2006-built AHTS Normand Turmalina (previously known as BOS Turmalina)…

Brazil: Enauta Launches Bidding Process for Atlanta Field FPSO

Mar 08, 2021

Brazilian oil company Enauta has launched the bidding process for the FPSO for the full development of the Atlanta field, in the Santos Basin, offshore Brazil.The Atlanta field has been producing oil via Petrojarl I FPSO - an early production system…

Falkand Islands Gov't Gives More Time to Sea Lion Field Partners

Mar 05, 2021

The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed.To remind, Premier Oil, the operator of the Sea Lion development…

EnQuest Starts Shutting Down Production at Don Fields in North Sea

Mar 05, 2021

UK-based oil and gas company EnQuest has said it has started cessation of production activities on the Northern Producer floating production facility at the Don fields in the North Sea.'The process, which began on Monday 1 March, is expected to take several days to complete…

SOFEC Delivers Goods for FPSO Miamte MV34

Mar 02, 2021

Mooring systems provider SOFEC has informed that it has delivered the Upper Tower and Mooring Support & Yoke Structures for MODEC’sFPSO Miamte MV34 which will be deployed for Eni in Mexico.SOFEC was awarded a contract by MODEC in October 2018…

Energean Takes Full Ownership of Energean Israel

Feb 26, 2021

London-listed oil and gas company Energean has become the full owner of Energean Israel Limited, a company working to develop the Karish and Tanin fields in the Mediterranian Sea, offshore Israel.As previously reported, Energean in December…

Petrobras, SBM Offshore Sign LoI for Giant Búzios Field FPSO

Feb 25, 2021

Brazilian oil giant Petrobras has signed a letter of intent with Dutch FPSO supplier SBM Offshore for the delivery of an FPSO to be deployed in the Búzios field in the Santos Basin, offshore Brazil.SBM Offshore will be responsible for the engineering…

Report: Baker Hughes, 17 Other Firms Quit Nord Stream 2 Pipeline Project to Avoid Sanctions

Feb 25, 2021

Baker Hughes Co and AXA Group and 16 other companies recently quit work on Russia’s Nord Stream 2 natural gas pipeline and will not be sanctioned, according to a document the Biden administration sent to Congress last week which was seen by Reuters…

Report: SBM Offshore Only Bidder for Petrobras' Mero 4 FPSO

Feb 24, 2021

Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters…

TechnipFMC to Deliver Subsea System for Petronas' Limbayong project

Feb 23, 2021

Oilfield services company TechnipFMC has won a 'substantial' contract by Petronas Carigali in Malaysia for the provision of subsea systems and associated equipment for the Limbayong deepwater development offshore Malaysia. TechnipFMC will, through its subsidiary FMC Wellhead Equipment…

Bumi Armada Amends Loan Maturity Date. Cites Coronavirus Impact

Feb 23, 2021

Malaysian FPSO specialist Bumi Armada has amended the maturity of a portion of the $660 loan from 2019, citing the impact of the coronavirus pandemic on its business.Bumi Armada said the loan agreement has been amended on to extend the final…

Market Report: FPSOs ... Charting the Path Ahead

Feb 15, 2021

COVID-19 will continue to skew the floating production systems market for the coming 24 months, while buying power for a large portion of FPSO contracts will be centered in Brazil and Guyana/Suriname. These two areas are expected to account…

FPSO Firm BW Offshore Eyes Entry into Floating Offshore Wind

Feb 12, 2021

BW Offshore, a company known for its FPSO leasing business in the oil and gas sector, is looking to diversify by entering the floating offshore wind space and has started talks with floating wind firm Ideol over a potential investment.The move…

Current News

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IKM Aconan to Deliver Drilling

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Unity Wins North Sea Decom Con

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Denmark Receives Offshore Wind

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

Borr Drilling’s First Quarter

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