Dutch FPSO leasing company SBM Offshore said Friday that the China-built hull of the FPSO ONE Guyana had entered drydock at Keppel Shipyard in Singapore. One Guyana is one of SBM Offshore's largest-ever FPSO Units and is being built for deployment…
Jadestone Energy plc said Thursday that its Montara Venture FPSO offshore Australia resumed production operations early on Tuesday March 21, 2023.The company shut down production from the Montara Venture FPSO in 2022, first to allow for repairs…
Gas producer Energean is looking at options to increase the capacity of its floating production storage and offloading (FPSO) vessel off Israel to 12 billion cubic meters (bcm) a year, CEO Mathios Rigas told Reuters on Thursday. The FPSO is…
Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana.The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days…
Asia-pacific focused oil and gas company Jadestone Energy expects to resume production from its Montara field offshore W. Australia in approximately one week.The company shut down production from the Montara Venture FPSO in 2022, first to allow…
BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party.The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer…
Norwegian oil company Aker BP has started production from the Frosk field development in the Alvheim area, offshore Norway.The Frosk field is tied back to Alvheim FPSO in the North Sea via existing subsea infrastructure. The field, discovered in 2019…
Oslo-listed FPSO provider BW Offshore has agreed to sell the laid-up FPSO BW Opportunity to an undisclosed third party for $125 million. BW Offshore said Friday that the sale was subject to conditions precedent and is expected to be completed by the end of the first quarter of 2023…
An industrial-scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV, and the project is now ready to start the Basic Design phase.The NH3 FPSO concept is being developed by Netherlands…
Malaysian FPSO provider Yinson has partnered up with industrial software firm AVEVA to enable Yinson to develop 'fully autonomous and sustainable' Floating Production Storage and Offloading (FPSO) solutions.'AVEVA’s software, in combination with [Yinson's] FPSO expertise and extensive data sets…
Norwegian energy industry engineering and construction service firm Aibel has won a contract for tasks related to the completion of Shell’s Penguins floating production, storage, and offloading (FPSO) unit, which recently arrived in Norway.The Penguins FPSO…
The offshore oil and gas sector is back and is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up, the Norwegian energy industry intelligence firm Rystad said in a report Tuesday…
Brazilian oil company Enauta said Friday it had temporarily halted the production from the 7-ATL-2HP-RJS well in the Atlanta offshore oil field, in Brazil's Santos Basin.Enauta's preliminary assessments indicate failure in the surface equipment (topside)…
The Brazilian oil company Petro Rio on Wednesday announced production start-up for the MUP5 well in the Frade offshore field in Brazil.Petro Rio said that the stabilized initial production of approximately 8,000 barrels of oil per day, above original projections…
Brazilian oil company Enauta announced the Petrojarl I floating production storage and offloading unit (FPSO) is back online following preventative maintenance.The FPSO, used as an early production system at Enauta's Atlanta field, required a brief period of work on its water-cooling system…
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