BP began production from the PSVM development in block 31, off Angola. Three wells at the Plutao field are expected to increase production at PSVM to about 70,000b/d of oil. Output will increase to 150,000b/d once Saturno, Venus, and Marte fields come online later this year and next…
Power and automation firm ABB has won two contracts worth a combined $45million on the Ichthys oil and gas project offshore Western Australia.Ichthys field layout (Image: Inpex)The firm has been appointed the main electrical contractor (MEC) for a new floating production…
Petrobras announced that in February 2013 total production of oil and natural gas in Brazil reached 2,316 thousand boe/d. Including the share operated by the company for its partners, total volume produced was 2,414 thousand boe/d, This volume corresponds to a 2…
Cegelec Oil & Gas Services won two commissioning contracts in January for the Ichthys project off the coast of Western Australia. Under the scope of the threeyear contracts, Cegelec will perform precommissioning, commissioning and engineering…
Commercial production began at Sapinhoá field in January. Located in block BMS9 in Brazil’s presalt region, the first producing well, Guara1, was connected to the FPSO Cidade de São Paulo. Guara1 has a potential production rate of 25,000b/d…
SBM Offshore is pleased to announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013.The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil…
UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in…
Keppel wins new business Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries - Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) - have secured two contracts worth S$200 million (US$161.54 million) from repeat customers…
North Sea independent exploration firm Ithaca Energy has agreed a deal to buy fellow London AIM-listed explorer Valiant Petroleum.Ithaca said the deal, which values Valiant at about $309million, would establish it as “a leading mid cap North…
Now that BP's PSVM project, in Block 31, off Angola is in production, the company has released this video detailing the work to get the field up and running.The PSVM project consists of four fields, Plutao, Saturno, Venus and Marte. All produce oil through a converted hull…
Technip picks up new 5-year PSVM Angola dealNew contract follows completion of Technip's previous 5-year pact for engineering services on the Greater Plutonio FPSO. (Image: BP)BP Angola awarded Technip a 5-year contract for engineering…
Teekay and Odebrecht Oil & Gas, owners of the FPSO Cidade de Itajaí, show the unit's transformation from an Aframax hull to its current state at Sembcorp Marine's Jurong Shipyard in Singapore. The FPSO Cidade de Itajaí arrived offshore…
FPSO Cidade de Itajaí connects to Baúna field Cidade de Itajaí (Photo: OOG)Production has begun at Petrobras' Baúna field, in the Southern Santos Basin, off Brazil, the company announced on 19 February 2013. Petrobras connected the FPSO Cidade de Itajaí…
Compressor order from Petrobras for Santo Basin FPSOsA crane loads a two-stage screw compressor unit with noise control enclosurefor offshore useSix two-stage screw compressor units for six offshore oil production installations, known as FPSO (floating production…
Angola project to produce 150,000 b/d of oil PSVM Project (Image: BP)Production had begun from BP and Sonangol's PSVM development in Block 31, off Angola, the partners confirmed on 1 February 2013.Three wells at the Plutao field are…