"FPSO" News

Six dead, three missing after explosion

Feb 11, 2015

Update: 17 February 2015 - BW Offshore has confirmed that the death toll has now risen to six after an explosion on the the company's Cidade São Mateus FPSO offshore Brazil.  The body of one of the previously four missing Brazilian…

BW Offshore uses SafeEx systems

Feb 10, 2015

Danish saftware specialist SafeEx has developed software for Ex inspection and registration now deployed on three FPSOs, with more orders expected.  Traditionally, Ex inspections have been conducted with pen and paper as well as subsequent…

Goliat en-route to Barents Sea

Feb 10, 2015

Eni's Goliat cyclindrical floating production, storage and offloading (FPSO) platform, built in South Korea and now destined for the Barents Sea, has finally been loaded ready for transport to Norway. The 107m-diameter Goliat platform…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Rig market hits hard times

Feb 02, 2015

Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14.  Source: ABS. Weak demand…

Energy Recovery and Zaptec

Feb 02, 2015

A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…

EMAS AMC secures US$65 million in contracts

Jan 30, 2015

EMAS AMC secured multiple new awards valued at more than US$65 million. Scope of work includes project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa…

GE launches marine division

Jan 30, 2015

GE has launched GE Marine, a new organization focusing on the merchant, offshore and naval industries, to be led by Tim Schweikert, VP, GE Marine.  This new organization brings together GE’s commercial and technological expertise in the…

SBM poaches Technip exec

Jan 30, 2015

Technip's president and chief operating officer (COO) is joining Netherlands-based floating production specialists SBM Offshore as COO. Philippe Barril (pictured) will start on 1 March. Barril had joined Technip five years ago and had been named president and COO in January last year…

Yinson inks Ghana FPSO deal

Jan 28, 2015

Malaysia's Yinson Holdings has won a US$2.5 billion FPSO charter and operation contract with Eni on the deepwater Offshore Cape Three Points Block (OCTP), offshore Ghana. The contract, agreed between Eni and Yinson companies Yinson Production…

EnQuest ups production

Jan 23, 2015

North Sea oil independent EnQuest is expecting its 2015 production to be at least 10% above previous expectations, and announced a 40% cut in capital spending, easing concerns the firm could breach debt covenants.  EnQuest said 2014 production was up 17% compared to 2013…

Cairn completes Catcher farm-out

Jan 21, 2015

Cairn Energy has completed a farm to Dyas UK, comprising a 10% interest in the Premier Oil-operated Catcher development and adjacent acreage in the UK North Sea. In return for the 10% stake, Dyas will carry Cairn’s exploration and development costs up to a cap of US$182 million…

Problems persist at Huntington

Jan 20, 2015

An incident on the BP-operated Central Area Transmission System (CATS) riser platform during a restart in the middle of December means output on the Huntington field, and others, remains restricted.  Partners in the E.ON operated Huntington field…

PetroRio acquires Shell Brazil fields

Jan 20, 2015

Brazil’s PetroRio is acquiring 80% interest in the Bijupirá and Salema fields, offshore Brazil from Shell Brasil Petróleo. Image of the Fluminense FPSO. From Modec.   The Bijupirá and Salema fields are located in the Campos basin…

Bøyla ups Lundin production

Jan 19, 2015

First oil has been produced from the Det norske-operated Bøyla field in production license 340 in the Norwegian sector of the North Sea offshore Norway.  Bøyla, a subsea tie-back to the Alvheim floating production facility, is estimated…

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