The PetroRio acquisition of Shell’s 80% stake in the Bijupirá and Salema fields, and the Fluminense FPSO cost the company US$150 million. PetroRio acquiring the Fluminense FPSO in Shell deal. Image from Modec…
Norway's TOOLS has won a contract from Eni Norge for the provision of services and supplies to the Goliat FPSO/ The three-year contract, which has extension options, includes the provision of tools, pipes and fittings, transmissions,…
Update: 17 February 2015 - BW Offshore has confirmed that the death toll has now risen to six after an explosion on the the company's Cidade São Mateus FPSO offshore Brazil. The body of one of the previously four missing Brazilian…
Subsea industry leaders were told not to 'waste a good crisis' today (February 11), with simplified engineering, a calibration of costs and better collaboration key focus areas. A sense of urgency is needed to re-baseline costs, which should have been addressed already years ago…
Eni's Goliat cyclindrical floating production, storage and offloading (FPSO) platform, built in South Korea and now destined for the Barents Sea, has finally been loaded ready for transport to Norway. The 107m-diameter Goliat platform…
Danish saftware specialist SafeEx has developed software for Ex inspection and registration now deployed on three FPSOs, with more orders expected. Traditionally, Ex inspections have been conducted with pen and paper as well as subsequent…
Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…
Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14. Source: ABS. Weak demand…
A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…
EMAS AMC secured multiple new awards valued at more than US$65 million. Scope of work includes project management, engineering, and transportation and installation works for a floating production storage offloading (FPSO) vessel in Africa…
GE has launched GE Marine, a new organization focusing on the merchant, offshore and naval industries, to be led by Tim Schweikert, VP, GE Marine. This new organization brings together GE’s commercial and technological expertise in the…
Technip's president and chief operating officer (COO) is joining Netherlands-based floating production specialists SBM Offshore as COO. Philippe Barril (pictured) will start on 1 March. Barril had joined Technip five years ago and had been named president and COO in January last year…
Malaysia's Yinson Holdings has won a US$2.5 billion FPSO charter and operation contract with Eni on the deepwater Offshore Cape Three Points Block (OCTP), offshore Ghana. The contract, agreed between Eni and Yinson companies Yinson Production…
North Sea oil independent EnQuest is expecting its 2015 production to be at least 10% above previous expectations, and announced a 40% cut in capital spending, easing concerns the firm could breach debt covenants. EnQuest said 2014 production was up 17% compared to 2013…
Cairn Energy has completed a farm to Dyas UK, comprising a 10% interest in the Premier Oil-operated Catcher development and adjacent acreage in the UK North Sea. In return for the 10% stake, Dyas will carry Cairn’s exploration and development costs up to a cap of US$182 million…
Subscribe
