Offshore Floating Production News

 

Petrobras Q1 Oil Production Up 4.4%

Apr 29, 2024

Brazilian state-run oil company Petrobras said on Monday that its crude oil production during the first quarter rose 4.4% compared to the same period last year.Petrobras pumped 2.24 million barrels per day (bpd) in the period, the firm said in a statement, crediting the increase in production to the ramp-up of five platforms and the start of production in 19 wells in the Campos and Santos basins.The firm produced 2…

First Oil from Shell's Bonga North Tranche 1 in 2027/2028

May 09, 2024

Oil major Shell expects first oil from its Bonga North Tranche 1 project off the coast of Nigeria in 2027/2028 and 'there are opportunities get that stream on earlier,' a Shell executive said on Thursday.Elohor Aiboni, a managing director at Shell Nigeria…

Liza Unity is First FPSO to Earn ABS REMOTE-CON Notation

May 07, 2024

The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design…

PTTEP Hires McDermott for Gas Job Offshore Malaysia

Mar 27, 2024

McDermott has been awarded a ‘sizeable’ offshore transportation, installation and commissioning contract from PTTEP Sabah Oil Limited (PTTEP) for the Kikeh subsea gas lift project, offshore Sabah in East Malaysia.Under the scope of the contract…

Exxon Signals Potential Counter Offer for Hess's Guyana Assets

Mar 06, 2024

Exxon Mobil Corp on Wednesday said it filed a contract arbitration claim disputing Hess Corp's proposed sale of its Guyana oil properties, and suggested it may counter Chevron Corp's pending deal for the assets.The arbitration case seeks to…

Brand New FPSO for Mero Oil and Gas Field Heads to Brazil

Feb 27, 2024

The floating production storage and offloading (FPSO) unit Marechal Duque De Caxias has set sail from China to its deployment site at Mero field, in Santos Basin, offshore Brazil.The Marechal Duque De Caxias FPSO set sail from China on February 24…

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Feb 23, 2024

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in…

Petrobras Says Sepetiba FPSO Starts Production

Dec 31, 2023

Brazilian state-run oil company Petrobras' Sepetiba floating production storage and offloading (FPSO) unit started production on Sunday, the oil giant said in a securities filing.Sepetiba, which has been chartered from SBM and installed at the Mero oilfield in the pre-salt of the Santos Basin…

Capricorn Keeps Fingers Crossed as Sangomar FPSO Departs for Senegal Oil Field

Dec 27, 2023

UK-based oil and gas company Capricorn Energy is keeping its hopes up that Woodside's Sangomar offshore oil project in Senegal will produce the first oil by June 30, 2024, making it eligible for contingent pay of up to $50 million.In December 2020…

Enauta Buys Cidade de Santos FPSO

Dec 22, 2023

Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…

Woodside Hires Shore Base Hand for Trion Oil and Gas Project

Dec 20, 2023

Australian oil and gas major Woodside has awarded a major contract to Mexican company Eseasa Offshore for the supply of shore base facilities and services in support of the the Trion oil and gas project offshore Mexico.Eseasa will provide a…

Seatrium to Build FPSO Topside Modules for MODEC

Dec 06, 2023

BrasFELS Shipyard, a member of the Seatrium Group, announced it has secured a contract from Offshore Frontier Solutions Pte. Ltd, a MODEC Group company, to undertake parts of the topside modules fabrication of a floating production storage and offloading (FPSO) for the Raia project in Brazil…

Suncor Restarts Production at Terra Nova FPSO

Nov 27, 2023

Suncor Energy said that the Terra Nova Floating, Production, Storage and Offloading vessel has safely restarted following the completion of the Terra Nova Asset Life Extension project. Production is expected to ramp up over the coming months…

MODEC Teams Up with Terra Drone for FPSO Inspections

Nov 21, 2023

FPSO leasing specialist firm MODEC and drone firm Terra Drone have signed a Memorandum of Understanding for the technical development of inspection drones for floating production, storage, and offloading systems.'MODEC's FPSOs ensure their integrity…

NEO Energy to Redeploy Western Isles FPSO for Buchan Field Project

Nov 17, 2023

Oil and gas company NEO Energy said Friday it had agreed to buy Dana Petroleum's full equity in the Western Isles FPSO in the UK. NEO Energy plans to redeploy the FPSO at the Buchan field redevelopment in the UK North Sea.The transaction is subject to the satisfaction of certain conditions…

Current News

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Orsted, New Jersey Reach Settl

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Hess Shareholders Sign Off On

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Estonia Says China Has Not Res

Iberdrola Commissions 496 MW Saint-Brieuc Offshore Wind Farm in France

Iberdrola Commissions 496 MW S

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