"FPSO" News

Woodside Resumes Vincent Exports

Sep 03, 2019

Woodside Petroleum has offered the first Vincent crude cargo for export since production resumed at the $1.9 billion Greater Enfield project off western Australia, two trade sources with direct knowledge of the matter said on Tuesday.Output at the Vincent field…

Sembcorp Marine Reports New Contracts

Sep 02, 2019

Sembcorp Marine said it has won a raft of new projects valued at S$400 million (US$288 million) that includes floating production conversion projects, offshore wind farm jacket foundations fabrication and cruise ship upgrades.THe company's Sembcorp…

Liza Destiny FPSO Reaches Guyana

Sep 02, 2019

American petroleum company Hess Corporation said that the Liza Destiny floating, production, storage and offloading (FPSO) vessel has arrived at the closely watched Stabroek Block offshore Guyana after a 42-day journey from Singapore.Liza Destiny…

New Find Opens Doors for Equatorial Guinea

Aug 30, 2019

The new discovery offshore Equatorial Guinea’s Block 1 by US-based exploration and production company Noble Energy puts the West African country on the road to reversing declining oil and gas output should the project be turned into a viable commercial venture…

Vaalco to Begin Gabon Drilling in Sept

Aug 29, 2019

The hydrocarbon exploration company Vaalco Energy is set to begin a drilling program off Gabon following a successful full-field maintenance shutdown at the Etame Marin licence.The Houston-based energy company provided an operational update…

Sembcorp Marine Wins Cambo FEED Contract

Aug 29, 2019

Operator Siccar Point Energy said it has awarded an exclusive front-end engineering and design (FEED) contract to Sembcorp Marine for the design of a Sevan cylindrical floating production, storage and offloading unit (FPSO) for its Cambo field development on the UK Continental Shelf…

2P Reserves at Dussafu PSC Increased 89%

Aug 29, 2019

Panoro Energye announced an 89% increase in 2P oil reserves at the Dussafu Production Sharing Contract (Dussafu PSC), offshore Gabon.A mid-year update report from independent reserves auditor Netherland, Sewell & Associates Inc. (NSAI) on certain…

3D Printing Brings New Dimensions to Field Commissioning

Aug 27, 2019

Access to and use of additive manufacturing (AM), also known as 3D printing, has increased in recent years due to the expiring of patents on techniques and technologies, says Hugues Greder, Lead Petroleum Engineer at Total.Computing power is…

Noble Makes Discovery off Equatorial Guinea

Aug 27, 2019

Noble Energy has made a new discovery in Block 1 offshore Equatorial Guinea, with the U.S. company expecting to produce new oil by tapping into existing infrastructure by October, the oil minister said on Tuesday.'We are excited to announce this discovery…

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…

FLNG Project Count Hits 20

Aug 26, 2019

Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday…

Woodside Starts Production at Greater Enfield Project

Aug 25, 2019

Oil and gas explorer Woodside Petroleum said it started producing oil from the $1.9 billion Greater Enfield project off western Australia on Sunday.Reuters reported last month that commissioning activities at the field had started.Production…

Premier Oil Testing PB3 PowerBuoy in the North Sea

Aug 23, 2019

US-based ocean energy solutions company Ocean Power Technologies (OPT) said it has deployed a PB3 PowerBuoy to serve as an autonomous intelligent platform to provide communications and remote monitoring services for its customer Premier Oil…

FPSO Market Growth Props BW Offshore’s Africa Plan

Aug 22, 2019

Global floating production services provider BW Offshore has confirmed a one-year extension for the lease and operation of the FPSO Petroleo Nautipa on the Etame field offshore Gabon for VAALCO Energy.BW Offshore, which owns a fleet of 15 floating production…

Premier Oil to Upgrade Catcher Reserves

Aug 22, 2019

Premier Oil will announce a second reserves upgrade for its Catcher oilfield in the UK North Sea at the end of the year, Chief Executive Officer Tony Durrant told Reuters on Thursday.The field has reached a plateau production rate of 70,000 barrels of oil equivalent per day…

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