Offshore FPSO News - page 2

 

MAN Compressors for Senegal's First FPSO

Dec 08, 2020

Japanese FPSO contractor Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for Woodside-operated Sangomar field, offshore Senegal.Sangomar, located approximately 100 km south of Dakar, Senegal, together with the nearby Rufisque and Sangomar Offshore blocks…

Keppel Offshore & Marine Wins $74,7M FPSO Conversion Work

Nov 26, 2020

Singapore's Keppel Offshore & Marine has won a contract from an unnamed repeat customer worth about S$100 million (USD 74,7 million) for the fabrication and integration work on a Floating Production Storage and Offloading vessel (FPSO).Scheduled for delivery in 4Q 2022…

Tullow Oil Shifts Its Focus to West Africa

Nov 25, 2020

Britain's Tullow Oil will commit 90% of its investments in coming years on its producing offshore oilfields in West Africa and put exploration on the back burner to reduce debt.Tullow, which was set up in the 1980s produce oil and gas in Africa…

ARMS Reliability Wins Contract with MODEC

Nov 23, 2020

ARMS Reliability said it has reached an agreement with floating production solutions provider MODEC to assist with optimization and rapid strategy development of asset maintenance management philosophy for MODEC’s newest floating production…

BW Offshore, New Zealand Gov't Reach Umuroa FPSO Settlement

Nov 20, 2020

FPSO operator BW Offshore has reached a settlement with the New Zealand government over the FPSO Umuroa, which has been stuck at the Tui field, around 50 kilometers off the coast of Taranaki, for months.BW Offshore has been unable to remove…

Brazil: BP Sells Stake in Two Campos Basin Offshore Blocks to PetroRio

Nov 19, 2020

British oil major BP has agreed to sell its stake in two pre-salt offshore blocks in Brazil's Campos Basin to the Brazilian oil company PetroRio.Petro Rio said Thursday that it would acquire 35.7% interest in the BM-C-30 Block containing the Wahoo discovery…

Bumi Armada Declares 'Force Majeure' on ONGC FPSO Deal as Virus Hits Construction Schedule

Nov 19, 2020

Malaysian FPSO contractor Bumi Armada has declared a 'force majeure' event related to the FPSO contract it has with India's ONGC, citing the effects of the coronavirus pandemic on the FPSO construction schedule.ONGC, in a joint venture with Shapoorji Pallonji…

Topside Integration Works Kick Off on Liza Unity FPSO in Singapore

Nov 16, 2020

SBM Offshore, a Dutch FPSO specialist, has informed that the topside integration phase has kicked off in Singapore on the Liza Unity FPSO. Once completed the FPSO will be deployed at ExxonMobil's Stabroek offshore block in Guyana, and will be Guyana's second FPSO in production…

Karoon Takes Over Bauna Field from Petrobras

Nov 13, 2020

Australian oil and gas firm Karoon Energy has this week completed the acquisition of a 100% operating interest in the BM-S-40 offshore concession in Brazil from Petrobras.The offshore block in the Santos Basin contains the producing Baúna oil field and undeveloped Patola discovery…

UK Fraud Office Secures Assets Linked to Brazilian Bribery Scandal

Nov 13, 2020

The UK Serious Fraud Office (SFO) said on Thursday it had secured just under 1.2 million pounds ($1.6 million) from a Brazilian national implicated in Brazil's 'Operation Car Wash', the country's biggest bribery investigation that began in 2014…

Aker BP Starts Production from Ærfugl Phase 1

Nov 13, 2020

Norwegian oil and gas firm Aker BP has started up production from the Ærfugl field phase 1 in the Norwegian Sea.Ærfugl, a gas reservoir, holds a total of around 300 million barrels of producible oil equivalents. It is a subsea project being developed in two phases…

Equinor, Partners Eye Shore-Powered Cylindrical FPSO for Wisting Field in Barents Sea

Nov 12, 2020

Norwegian oil firm Equinor has awarded contracts for concept studies for the development of the Wisting discovery in the Barents Sea, off Norway. The studies are expected to further progress the project development towards a final concept select decision…

SBM Offshore Raises Profit Guidance, Starts Work on Floating Wind Project

Nov 12, 2020

Oil and gas services firm SBM Offshore raised its full-year core profit guidance on Thursday on the back of a 23% increase in nine-month revenue and said it had started work on a pilot floating offshore wind project in France.The Dutch company…

Dyna-Mac Nets $116,9M Worth in New Contracts. Loses Offshore Vessel Deal

Nov 10, 2020

Singapore-based oil and gas module building firm Dyna-Mac has won new contract worth S$157.50 million ($116,9 million) but has also said it has lost a contract for work on an offshore vessel, which was awarded in April 2020.Dyna-Mac said Tuesday…

McDermott Ships Second Batch of Topside Modules for Modec FPSO

Nov 05, 2020

Offshore engineering and construction firm McDermott on Thursday announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for Japans' Modec.The new shipment comes just weeks after the first…

Current News

Hess Allocates 41% of Budget for Offshore Guyana Developments

Hess Allocates 41% of Budget for Offshore Guyana Developments

ICCB Orders Landing Craft for Offshore Energy Projects

ICCB Orders Landing Craft for Offshore Energy Projects

DEME Installs First Turbine at RWE's Triton Knoll Offshore Wind Farm

DEME Installs First Turbine at RWE's Triton Knoll Offshore Wind Farm

Acteon's MENCK to Provide Piling Hammers for Boskalis' Offshore Wind Assignment in Taiwan

Acteon's MENCK to Provide Piling Hammers for Boskalis' Offshore Wind Assignment in Taiwan

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