"FPSO" News

Ezra to divest its largest FPSO

Apr 15, 2016

Singapore-based Ezra Holdings is set to divest its largest floating production and storage offloading (FPSO) unit, the Lewek EMAS, in efforts to step away from the ownership of FPSO assets and streamline resources, the company revealed in its 1H 2016 report…

Tullow delays Jubilee restart

Apr 08, 2016

Tullow Oil is pushing back the start up of production at its Jubilee field offshore Ghana by an additional two weeks, after finding more damage to the Kwame Nkrumah floating production and storage offloading (FPSO) unit. Image of the Kwame Nkrumah…

Keppel bags Modec FPSO deal

Apr 06, 2016

Keppel Offshore & Marine (Keppel O&M), through its subsidiary, Keppel FELS Brasil BrasFELS shipyard has been awarded a US$137 million floating production storage and offloading (FPSO) module fabrication and integration project by Modec Offshore Production Systems (Singapore)…

Tullow to start Jubliee production this week

Apr 05, 2016

Tullow Oil is set to start up production at its Jubilee field offshore Ghana later this week, after declaring force majeure on two cargoes last month. Image of the Kwame Nkrumah, from Tullow. In a statement from the company…

Bucking the trend

Apr 01, 2016

Chad Barnes reports that contrary to current industry norms, contracting activity in the Eastern Mediterranean and North Africa region is on the rise. The Eastern Mediterranean gas landscape and a focus on Egypt…

Rosneft, Siemens in technical collaboration

Mar 25, 2016

Rosneft and Siemens entered into a cooperation and partnership agreement to study opportunities in the development of technical solutions and manufacturing allocation of equipment for the fuel and energy sector. Kaeser…

EnQuest shaves costs off Kraken

Mar 17, 2016

UK-based independent has now cut US$425 million off its North Sea Kraken heavy oil development budget as it looks to continue reining in costs.  After initially shaving $300 million, or about 10%, off the project's original $3.2 billion costs…

Frames finishes Petrobras FPSO work

Mar 16, 2016

Frames Flow Control & Safeguarding has completed the flow control and safeguarding equipment for the Petrobras FPSO Cidade de Campos dos Goytacazes MV29. Modec Offshore Production Systems (Singapore), a Modec group company, awarded Frames…

Tullow in Jubilee force majeure

Mar 15, 2016

Tullow Oil has declared force majeure on two cargoes from its Jubilee development, offshore Ghana, after issues with a turret bearing on the Kwame Nkrumah floating storage and offloading (FPSO) vessel, according to news reports. The Kwame Nkrumah…

VIDEO: Goliat finally achieves first oil

Mar 14, 2016

Production has finally started from Norway’s first Arctic oil field, at the Goliat floating production facility in the Barents Sea.  The 180 MMbo field, the first producing oil field in the Barents Sea and the northernmost producing oilfield…

Shell in further Brazil BC-10 flow

Mar 14, 2016

Shell has started oil production from the third phase of its Parque das Conchas (BC-10) development, offshore Brazil, in hopes of adding up to 20,000 boe/d. The Espirito Santo FPSO. Image from SBM Offshore…

Petrofac takes on Anasuria

Mar 11, 2016

Oilfield services firm Petrofac has been appointed duty holder on the Anasuria cluster, in the UK North Sea. The role is in support of the Anasuria Operating Company (AOC), a UK joint venture formed between Hibiscus Petroleum Berhad (Hibiscus) and Ping Petroleum (Ping)…

Technip, Sonangol, support Total offshore Angola

Mar 10, 2016

Technip's joint venture with Sonangol, Technip Angola Engenharia Limitada, has been awarded a three year engineering services contract by Total E&P Angola. The contract covers services for the existing Girassol, Pazflor, Dalia and CLOV…

Woodside axe to spur legal action

Mar 04, 2016

Bumi Armada intends to take legal action against Woodside Energy after Woodside terminated a floating production storage and offloading (FPSO) charter contract for operations offshore northwestern Australia. The Armada Claire…

TEN FPSO arrives in field

Mar 03, 2016

The Prof. John Atta Mills floating production, storage and offloading vessel has arrived at the TEN project offshore Ghana, after a five week voyage from Singapore. TEN field operator Tullow Oil said first oil from the development is on track for July/August…

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