Offshore FPSO News - page 7

 

Petrobras Will Bid for Atapu and Sepia Oil Fields

Apr 29, 2021

Brazil's Petroleo Brasileiro SA will exercise its rights of first refusal and bid for the deepwater oil fields Sepia and Atapu, the company said in a filing.Petrobras, as the state-controlled producer is known, is aiming at a 30% stake in each field…

Market Signals Fast Rebound in Floating Production Orders

Apr 28, 2021

The deepwater market is rapidly returning to pre-COVID-19 activity levels, and the recovery appears to be gaining strength, according to a recent in-depth analysis completed by International Maritime Associates (IMA) and World Energy Reports (WER)…

Petrobras Q1 Production Buoyed by Atapu

Apr 27, 2021

Brazil's Petrobras produced 2.196 million barrels of oil a day in the first quarter, the state-run company said on Tuesday, an increase from the fourth quarter, but a decline in yearly terms.Petroleo Brasileiro SA, as the company is formally known…

ExxonMobil Makes Oil Discovery at Uaru-2 Offshore Guyana

Apr 27, 2021

U.S. oil major ExxonMobil said on Tuesday it made an oil discovery at the Uaru-2 well in the Stabroek Block offshore Guyana.Uaru-2 will add to the previously announced gross discovered recoverable resource estimate for the block, which is currently…

VIDEO: After Modest 2020, the Years 2021 and 2022 Could Be 'Pretty Good' for FPS Orders

Apr 19, 2021

There's one thing that's certain about the price of oil, it goes up and it goes down, but nobody knows when that will happen, Jim McCaul, an expert in the offshore floating production sector for 30 years, recently said in an interview for Offshore Engineer TV…

Keppel in Talks with Petrobras to Build FPSO for Buzios Field

Apr 19, 2021

Singapore's Keppel Corporation has confirmed it has been in talks with the Brazilian oil company Petrobras to built an FPSO vessel for the Buzios field offshore Brazil.In a statement on Friday, responding to an article by Upstream Daily News…

BP Suspends Output from Foinaven Fields as Long-Serving FPSO Petrojarl Foinaven Nears End of Life

Apr 15, 2021

British oil major BP has suspended production from the Foinaven fields west of Shetland in the UK, as the long-serving FPSO Petrojarl Foinaven through which the fields are producing oil is nearing the end of its 25-year design life, and will be removed from site…

Brazil: Enauta Gets Approval to Take Barra's Stake in Atlanta Field

Apr 09, 2021

Brazilian oil company Enauta has received regulatory approval to take full ownership of the Atlanta offshore oil field in Brazil, following the decision by its partner Barra Energia to exit the field located in the Santos Basin.Enauta said that…

Sangomar FPSO Construction Starts in China

Apr 05, 2021

The conversion of a VLCC into an FPSO bound for Woodside's Sangomar project in Senegal has recently kicked off in China, the Australian oil firm said in a recent report.The 323 meters-long very large crude carrier (VLCC) Astipal in February arrived in China…

Petrobras Suspends MODEC from Bidding for FPSO Projects

Apr 05, 2021

Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. A day after the announcement the Japanese firm named a new CEO but…

Floating Production Systems Market Bounces Back on Recovering Oil Prices

Apr 02, 2021

Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports.McCaul bases his assessment on data in a new floating…

Santos Sanctions $3.6B Barossa Offshore Development in Australia

Mar 30, 2021

Australian oil and gas company Santos on Tuesday announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory, Australia.The Barossa development will comprise a BW Offshore supplied FPSO…

Santos, BW Offshore Sign $4,6B Barossa FPSO Deal

Mar 24, 2021

Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners…

Seaplace's CROWN Spar Floating Wind Platform Concept Gets DNV Nod

Mar 24, 2021

Spanish ship design and offshore engineering company Seaplace has won a DNV Statement of Feasibility for its CROWN Spar offshore wind floating platform concept.DNV said that its Statement of Feasibility verifies new concepts and opens the door…

Ashtead Technology, OAP Win Offshore Work with Total in Angola

Mar 18, 2021

UK-based subsea technology and services specialist Ashtead Technology said Thursday it had entered into a cooperation agreement with Angola-based inspection and asset integrity company, OAP, and revealed that the partnership had already completed a mooring inspection gig for Total in Angola…

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