"FPSO" News

GlobalData: Brazil will drive FPSO global growth

Oct 29, 2015

Brazil will lead global growth in the floating production, storage and offloading vessel (FPSO) industry despite the country’s national oil company, Petrobras, recently facing allegations of corruption, says research and consulting firm GlobalData…

North Sea’s first oilfield makes come-back

Oct 28, 2015

The North Sea’s first producing oilfield, Argyll, has finally been brought back on stream by operator EnQuest, after being started and decommissioned twice in the past by previous operators. Argyll, now named Alma, and part of EnQuest’s Alma/Galia development…

Rosebank rig deal dumped

Oct 27, 2015

Fred Olsen Energy has formally declared that construction contract for a newbuild semisubmersible rig which was originally destined for development drilling at the Chevron-operated Rosebank oil development in the UK West Shetlands region has been cancelled…

QGEP, Shell sign COSA

Oct 26, 2015

QGEP Participações has announced that Queiroz Galvão Exploração e Produção has signed a Crude Oil Sales Agreement (COSA) with Shell Western Supply and Trading for the early production system (EPS) of the Atlanta Field. This contract refers to QGEP's 30% share in the production from the field…

Cosco confirms floater delay

Oct 23, 2015

Dana Petroleum's Western Isles floating production unit will not be on stream until late 2017, some two years later than originally planned, it was confirmed today. In a statement, China's Cosco Corp (Singapore) said it and a European…

GlobalData: Liza could redefine Guyana-Suriname

Oct 22, 2015

With ExxonMobil reported to be moving the Liza discovery in deepwater Guyana into pre-front-end engineering design (FEED) less than five months after confirming the find, the project has the potential to yield significant returns for investors…

JX Nippon picks Technip for Layang

Oct 22, 2015

JX Nippon Oil and Gas Exploration (Malaysia) has awarded Technip a subsea contract for the Layang field, Block SK10, offshore Sarawak, Malaysia. The contract covers the engineering, procurement, fabrication, installation and commissioning of three flexible pipes totaling 9…

Addax extends Yinson FPSO lease

Oct 20, 2015

African focussed exploration and production firm Addax Petroleum has extended its contract with Malaysia's Yinson Holdings for use of a floating production, storage and offloading (FPSO) vessel. The Knock Adoon FPSO has been working on the Antan field offshore Nigeria…

SBM inks Browse FLNG FEED contract

Oct 19, 2015

Technip has awarded SBM Offshore a front-end engineering and design (FEED) contract for three, large-scale turret mooring systems associated with the proposed Browse FLNG development offshore Australia. The three, large-scale turrets…

OMS completes Kaombo subsea project

Oct 14, 2015

Image: Kaombo Ultra-Deep Offshore Project/Optical Metrology Services Optical Metrology Services (OMS) completed a series of pipe measurement surveys for the Kaombo Ultra-Deep Offshore…

VAALCO to re-sequence Gabon program

Oct 12, 2015

VAALCO Energy has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. Previously announced on 16 September 2015, VAALCO planned to mobilize the Transocean Constellation II jackup…

BP's Glen Lyon close to sailaway

Oct 12, 2015

BP's Glen Lyon floating production, storage and offloading vessel (FPSO) is nearly finished and due to sail away to the North Sea next month, BP has said in posts on social media. The firm, which posted a video of the naming ceremony…

Eni granted Goliat flotel extension

Oct 08, 2015

The Petroleum Safety Authority of Norway granted an extension to Eni for use of the Flotel Superior accommodation facility at the Goliat field, in the Barents Sea.   Image from Eni. The…

Shell starts Bonga Phase 3

Oct 05, 2015

Shell started production from the Bonga Phase 3 project offshore Nigeria, with expected peak production to hit about 50,000 boe/d. Image of the Bonga project. From Shell Flickr. Bonga…

Technip gets Stones contract

Oct 02, 2015

Image: Deep Blue/Technip Shell awarded Technip a contract for the development of subsea infrastructure for the Stones project. Included in the service are two subsea production tie-backs to the floating production…

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