SBM Offshore has been awarded a contract for the delivery of a turret mooring system for Statoil's US$5.9 billion Johan Castberg floating production, storage and offloading (FPSO) vessel. The Norwegian Barents Sea project will tap an…
Shell has secured its Prelude floating liquefied natural gas (FLNG) facility to the seabed offshore Western Australia, after completing the installation of eight of the 16 mooring lines. Illustration of Prelude's turret mooring system…
SOFEC, a MODEC Group company, has been awarded the turret mooring system supply contract for Eni's Coral South Project. The contract was awarded by TechnipFMC and JGC Corp. joint venture is is for the engineering, procurement and construction…
Shell's floating LNG behemoth Prelude has set sail from Samsung Heavy Industries' yard in South Korea. Shell described the sailaway as a 'significant milestone' for the project, the first production expected in 2018. The huge vessel…
Most floating production, storage and offloading (FPSO) vessels are known for making money (or costing a lot of it), but the government of Ghana has decided to turn one into money, literally. EPCI contractor MODEC announced that the Kwame Nkrumah MV21 FPSO…
International compressor supplier TMC Compressors (TMC) has completed its delivery of a marine compressed air system to BW Offshore’s Catcher floating production, and storage offloading (FPSO) vessel. The system consists of 3 x 185…
UK independent EnQuest says first oil from its US$2.6 billion Kraken heavy development in the UK North Sea is on track for Q2 after hook-up works completed. The Kraken development, about 125km east of the Shetland Islands, off Scotland…
Chevron has canceled a US$1.8 billion floating production and storage offloading (FPSO) newbuild order with Hyundai Heavy Industries (HHI) that was destined for the supermajor’s Rosebank deepwater project in the North Sea. Illustration of the FPSO…
Tullow Oil is moving to get its Jubilee project offshore Ghana on track by year-end, as it firms up plans to divest all of its Norwegian assets by 1H 2017. Image from Tullow. “We…
Dallas-based Kosmos Energy posted a net loss of US$59.8 million in Q3, however, is moving forward with its plans for a multi-well drilling program next year. Image of the Atwood Achiever, from Atwood…
Canada's Suncor Energy has closed a deal to acquire a 30% stake in the UK North Sea Rosebank project from Austria's OMV. Suncor has made an initial payment of US$50 million. In the event the co-venturers approve the Rosebank project final investment decision and Suncor elects to participate…
Trelleborg has manufactured and delivered 52 vertical elastomeric bearings and 156 horizontal bearings for use on the 13 modules onboard Shell’s Prelude floating liquefied natural gas (FLNG) facility, as well as 40 turret bogey bearings to enable natural movements of the turret…
Tullow Oil says its hull and machinery insurance cover has been confirmed for the floating production, storage and offloading unit Kwame Nkrumah by its reinsurers, following the failure of the turret bearing earlier this year. Tullow first experienced issues at the FPSO…
Canada's Suncor Energy is to acquire a 30% stake in the UK deepwater North Sea Rosebank project from Austria's OMV. The move will see OMV reduce its stake from 50% to 20% in what is a massive, challenging, deep water, very harsh environment…
FPSOs and the single point mooring systems that connect them to the reserves they produce are Bluewater’s business. Elaine Maslin speaks to senior project manager Jeroen de Werd about turret design and the Kaombo project. The Kaombo turret…
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