Offshore FPSO News - page 114


ABB supplies power solutions to Kraken FPSO

Oct 01, 2014

ABB, the leading power and automation technology group, has won an order from Armada Kraken Pte, a subsidiary of Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. ABB will provide power and automation technologies for the floating…

Noreco facing uncertainty after write-downs and resignations

Oct 01, 2014

Norwegian exploration and production firm Noreco is facing uncertainty after its chairman resigned with immediate effect as the firm deals with significant write-downs on reserves at key production assets.   Noreco says, according to updated reservoir modeling by operator Dong Energy…

BHP supports Scarborough FLNG

Sep 30, 2014

Australian oil and gas firm BHP Billiton has backed plans to develop what may be the world’s largest floating LNG project, saying it is “fully aligned” with partner ExxonMobil.  But, the project is still facing difficulties, according to a statement from Exxon to news agency Bloomberg…

Penspen acquires DPS Engineering

Sep 29, 2014

UK-based energy services provider Penspen acquired the engineering division of DPS Group. The acquisition increases Penspen’s headcount by 10%; strengthens its oil and gas process facilities engineering capability; and brings access to the FPSO construction market in Asia Pacific…

Teekay Petrojarl taps Proscient for North Sea asset

Sep 24, 2014

Teekay Petrojarl has gone live with Petrotechnics' Proscient operational performance and predictive risk platform on its Voyageur Spirit asset in the North Sea. The Voyageur Spirit Proscient go-live kicks off the global deployment of…

Sevan inked for Bream field

Sep 24, 2014

Sevan Marine is to provide front end engineering and design for the hull and marine systems of a Sevan type cylindrical floating production (FPSO) facility for Premier Oil's Bream field in the Norwegian sector of the North Sea.  Bream…

Petrobras to sign ship contract this month

Sep 19, 2014

Brazil's state-run oil company, Petroleo Brasileiro, will sign a contract to build and lease a floating production ship for its Libra offshore project this month, company Chief Executive Maria das Gracas Foster said on 18 September, as reported by Reuters…

Fairmount tows Knarr FPSO to Norway

Sep 19, 2014

Three tugs of Fairmount Marine have towed the new floating production, storage and offloading (FPSO) vessel Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest FPSOs for harsh environments, was delivered to the port of Haugesund…

2015 Barryroe drilling planned

Sep 19, 2014

Planning is underway for further drilling on the Barryroe discovery in the Celtic Sea offshore Ireland during 2015 with a view to reaching first oil by 2018, according to partner Landsdowne Oil & Gas.  The work is subject to a farm…

Rio Oil and Gas: Pre-salt production to increase by 2020

Sep 18, 2014

Petrobras expects pre-salt production to account for 50% of its total production by 2020, Carlos Tadeu Fraga, Petrobras’ general manager for pre-salt E&P told attendees at Rio Oil and Gas 2014 on Wednesday. Fraga (pictured) stepped in…

Eni finds oil in Angola

Sep 17, 2014

Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…

Korea looks to western engineering expertise

Sep 16, 2014

South Korea has become an international shipbuilding power-house – a name-plate for dozens of global mega-projects stretching from New Foundland to Australia.  What is described as “the largest fabrication facility in the world” is in…

Ilhabela sails away from Brasa

Sep 16, 2014

The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…

Ithaca's Stella exceeds expectations

Sep 16, 2014

Ithaca Energy has completed a flow test on the fourth development well on the UK North Sea Stella field, hitting 12,005boe/d. The result takes the total field potential up to 45,000boe/d, exceeding the firm's 30,000boe/d annualised estimate for the field…

Infield: Deepwater and ultra deepwater overview

Sep 15, 2014

The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…

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