The performance of the world’s first floating LNG projects, which are moving from execute to operate, will form the shape of the industry to come. Elaine Maslin reports (First published in the December 2017 OE, access the full issue here)…
SBM Offshore has been awarded a contract for the delivery of a turret mooring system for Statoil's US$5.9 billion Johan Castberg floating production, storage and offloading (FPSO) vessel. The Norwegian Barents Sea project will tap an…
The tanker destined for ExxonMobil's Liza Phase 1 project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced today (14 November). SBM has said that the tanker's arrival marks the start of the FPSO conversion phase…
SBM Offshore revealed that it has inked a deal for its Fast4Ward standardization program, signing a contract in June for the first newbuild hull with China Shipbuilding Trading Co. (CSTC) and the Shanghai Waigaoqiao Shipbuilding (SWS) shipyard…
The floating production systems (FPS) has seen a return to activity in 2017, says analysts Westwood Global Energy Group. The firm says that in 2016 no FPS units were ordered. With two months of the year remaining, 11 units have been ordered this year…
Keppel Shipyard has won a floating production storage and offloading (FPSO) vessel conversion contract from SBM Offshore for ExxonMoibil's Liza development offshore Guyana. The contract is for the conversion of a very large crude carrier (VLCC) into an FPSO…
ExxonMobil has further confirmed the potential of the Stabroek block offshore Guyana with a fifth oil discovery in the Turbot-1 well. Stena Carron drillship. Image from Stena Drilling. ExxonMobil…
Is deepwater still relevant? Shell thinks so, from optimizing its existing production to new projects. But when will the tap be turned? Elaine Maslin reports. Shell’s Olympus platform. Photo from Shell's Flickr…
Shell has secured its Prelude floating liquefied natural gas (FLNG) facility to the seabed offshore Western Australia, after completing the installation of eight of the 16 mooring lines. Illustration of Prelude's turret mooring system…
Falklands-focused explorer Rockhopper Exploration says a funding package for the Sea Lion development is progressing, with the UK's export credit agency and contractors potentially set to step in with cash. Rockhopper says the Premier…
Petrobras encountered oil at the Poraquê Alto well, marking the company’s first commercial oil discovery in the pre-salt layer of the Marlim Sul area offshore Rio de Janiero state, Brazil. Map of Marlim Sul…
Infield Systems’ Catarina Podevyn surveys the FPSO market and discusses recent projects awards. The John Evans Atta Mills MV25 FPSO, operating at Tullow’s TEN project, offshore Ghana. Photo from MODEC…
Brazil is slowly emerging from one of its worst economic crises with the country’s oil and gas sector no exception, says the EIC’s Pietro Ferreira. Peregrino A platform. Photo from Statoil/ Øyvind Hagen…
In advance of OE’s 2017 Global FPSO Forum, held in Houston this month, Audrey Leon chats with the forum’s board members to learn what is in store for the FPSO sector and discover how digitalization may play a role. Aerial…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
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