"FPSO" News

SBM Offshore to Deliver FPSO for Petrobras' Buzios Field

Jul 27, 2021

Dutch FPSO leasing specialist SBM Offshore has secured a firm deal with Petrobras to lease and operate a newbuild FPSO at its giant Buzios offshore oil field in Brazil.The firm contract, for the 26.25 years lease and operation of the FPSO to be named Almirante Tamandaré…

Santos' New Well at Van Gogh Offshore Oil Field Hits Output Record

Jul 26, 2021

Australian oil and gas company Santos has started oil production from the Van Gogh Phase 2 Infill Development, offshore W. Australia, hitting a production record.Santos had announced a Final Investment Decision (FID) on the Van Gogh Infill Development Phase 2 Project in March 2020…

"We'll vigorously defend," Keppel Says After FPSO Arbitration Request

Jul 23, 2021

Singapore-based Keppel Offshore and Marine subsidiaries have been slapped with a request for arbitration from an unnamed counterparty in relation to contracts for the delivery of Floating, Production, Storage, and Offloading (FPSO) vessels.Keppel…

Enauta: Atlanta Field Resumes Full Production as Repairs Complete. New Well Planned for 2022

Aug 25, 2021

Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure.Enauta said Wednesday that all the wells tied to the early production…

MODEC, Toyo in Talks Over FPSO Delivery Alliance

Jul 16, 2021

Japanese FPSO specialist MODEC is in talks with engineering group Toyo Engineering over a feasibility study of a potential alliance in the Engineering, Procurement, Construction and Installation (EPCI) business for FPSO vessels. Subject to the result of the discussion and feasibility study…

Suriname, the Next Offshore Oil Hot Spot?

Jul 12, 2021

Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years…

Aker Solutions, Subsea 7 to Deliver Subsea Equipment for Aker BP's KEG Project

Jul 09, 2021

Norwegian oil and gas company Aker BP has awarded subsea contracts for the Kobra East & Gekko (KEG) development in Norway to Subsea 7 and Aker Solutions.The contact comes days after Aker BP as the operator filed a plan for development and operation for the North Sea project…

Australian Gov't Invites Expressions of Interest for Timor Sea FPSO Decommissioning

Jul 05, 2021

The Australian government on July 1 released a Request for Expressions of Interest (REOI) for Phase 1 works related to decommissioning of the Northern Endeavour FPSO currently at Laminaria-Corallina oil fields in the Timor Sea.After the offshore fields' owner…

FPSO Demand Booming: 10 Units Expected to Be Ordered in 2022

Jul 05, 2021

More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders…

Yinson, PTSC Add Another Year to PTSC Lam Son FPSO Contract

Jul 02, 2021

Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam's PTSC AP.The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

Australia: Santos Starts Dorado Offshore Field FEED

Jun 29, 2021

Australian oil and gas company Santos on Tuesday announced the start of Front-End Engineering and Design (FEED) for the Dorado field development in the Bedout Sub-basin, offshore Western Australia. Contracts are expected to be awarded in the next few months…

Repsol Sinopec Extends Bleo Holm FPSO Charter Until 2024 End

Jun 28, 2021

FPSO specialist Bluewater has secured a contract extension for its Bleo Holm FPSO with Repsol Sinopec Resources UK Limited and its JV Partner RockRose Energy.The FPSO, deployed in the UK, will see the contract extended until December 31, 2024…

PetroRio's Frade Field Plans Approved by ANP

Jun 25, 2021

Brazilian oil and gas company PetroRio has received regulatory approval for a revised development plan of the Frade oil field offshore Brazil.The new development plan, approved by the national oil industry regulator ANP, allows the drilling…

Miko Marine Delivers Magnetic Blanking Set for Bacalhau FPSO

Jun 24, 2021

Norwegian company Miko Marine has shipped out the first magnetic blanking set destined for the Brazilian offshore sector from its fabrication plant in Haugesund, Norway. However, the set is not going to Brazil, but to the DSIC yard in Dalian…

MSS Wins Libra Consortium Contract in Brazil

Jun 21, 2021

Maersk Supply Service reports winning a solutions project contract for the Libra Consortium in Brazil for the pre-lay of anchors to a newbuild FPSO in Brazil, a project integrating engineering, procurement, construction and installation (EPCI)…

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