SBM Offshore has released a video of the Turritella floating production and storage offloading (FPSO) unit, as the vessel started commercial production at Shell’s Stones development in the deepwater Gulf of Mexico on 6 September. At Stones…
After a thoroughly no good, very bad, couple of years for Brazil, the country is on the path to reform, and the first part starts with the country’s coveted pre-salt. Audrey Leon reports on what the opening means for the country and its state-owned oil company…
Shell’s Stones development will be home to the Gulf of Mexico’s second FPSO, but while it may be No. 2, the FPSO may hold a few firsts itself. Audrey Leon found out more. Aerial views of the Turritella FPSO while docked at Keppel’s yard…
Petrobras has relaunched the bid process for its Libra Pilot floating production and storage offloading vessel (FPSO), following the cancelation of the previous bid process due to “an abnormally high price.” Image of Libra field operations…
Petrobras’ daily oil and natural gas production for the month of August totaled 2.84 MMboe, 2.72 MMboe of which was produced in Brazil and 0.12 MMboe was produced abroad. Brazil registered record oil and gas monthly production in August…
Bumi Armada’s chief financial officer (CFO) Kenneth Murdoch, will step down from his role on 17 November 2016. Pierre Savy has been nominated as the acting CFO and will start in his new role with immediate effect. Murdoch will support Savy during this transition period…
Endeavor Management has opened participation in its latest joint industry project (JIP) – Best Practices for the FPSO Industry. Image of the Cidade de Marica, from SBM Offshore. In today’s price environment…
FMC Technologies has won a second award for its new subsea multiphase boosting system, this time with Italian giant Eni for its Block 15/06 West Hub Development, off the coast of Angola. The N'Goma…
Supermajor Shell started production from its Stones development in the deepwater Gulf of Mexico, the firm reported on 6 September 2016. The field’s FPSO, Turritella, is the deepest floating production unit in the world, operating in 9500ft of water…
A number of key contracts were awarded in 1H 2016 in Brazil, pointing to a recovery of the local oil and gas sector. The Polvo FPSO (right) while docked at Keppel FELS shipyard. Photo from Keppel…
Noble Energy has been named the successor operator of the Thunder Hawk production facility, according to the company’s Q2 2016 report. Scant on details, Noble did confirm that the deal is expected to become effective within Q3 2016, subject to regulatory approval…
The market for floating production systems may have stalled, but FPSs will still be a key part of the offshore technology tool kit, outlines Douglas-Westwood’s Ben Wilby. The FPSO Cidade de Saquarema…
SBM Offshore has appointed former Shell executive D.H.M. Wood as management board member and chief financial officer (CFO), to be effective in October. On 10 February 2016, SBM announced the intention of the current CFO, P.M. van Rossum…
The Cidade de Saquarema floating production and storage offloading (FPSO) unit is sailing to the Lula field offshore Brazil for its 20-year contract, following its recent conversion at the BRASA shipyard. Cidade de Saquarema departs from BRASA shipyard…
Petrobras has started production from the Cidade de Saquarema floating production and storage offloading (FPSO) unit on the giant Lula field, offshore Brazil. Cidade de Saquarema, from SBM Offshore…
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