Offshore Floating Production News - page 2

 

BW Offshore Orders VIKING Lifeboats for Australia-bound FPSO

Sep 28, 2021

Offshore safety equipment provider VIKING has said it has won a contract with FPSO supplier BW Offshore to deliver has selected VIKING Norsafe free-fall lifeboats, daughter craft, and davits for a large FPSO project which will operate off northern Australia…

Altera's Petrojarl Knarr FPSO Pilots DNV ABATE Class Notation

Sep 27, 2021

Classification society DNV has introduced the new ABATE class notation, to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions.The ABATE notation provides…

Number of Production Floater Contracts in Near-term Queue at Record High

Sep 27, 2021

Crude prices have climbed to the upper-$70s, sustained by continued demand growth and the OPEC+ production curtailment agreement. Excess oil inventory has largely been eliminated, natural gas supply shortages have appeared in Europe and LNG prices have soared…

Aker BP Files Development Plan for North Sea Oil Field

Sep 27, 2021

Norwegian oil and gas company Aker BP has filed a development plan for the Frosk offshore field to the Norwegian Ministry of Petroleum and Energy.The Frosk field, found in 2019, is situated some 25 kilometers southwest of the Alvheim FPSO in the North Sea…

Eni Brings Online Another Oil Field in Angola via Armada Olombendo FPSO

Sep 24, 2021

Italian oil giant Eni has kicked off production from Cabaça North deepwater oil field located in Block 15/06 offshore Angola.The field has been developed as a tie-back to the Armada Olombendo FPSO.The Cabaça North development, with an expected peak production rate in the range of 15 kbopd…

New Fortress Energy Charters Höegh Gallant FSRU

Sep 24, 2021

Höegh LNG Partners has entered into an agreement with a subsidiary of New Fortress Energy for the charter of the Höegh Gallant for FSRU operations for a period of ten years, with a planned start-up during the fourth quarter of 2021. New Fortress Energy will deploy the FSRU in Jamaica…

BW Offshore's Barossa FPSO JV Gets Regulatory Approval

Sep 24, 2021

FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project.As previously informed…

SBM Offshore Gets $635M Loan for FPSO Almirante Tamandaré Construction

Sep 24, 2021

Dutch FPSO provider SBM Offshore has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré, one of the world's largest FPSOs.SBM Offshore said Friday that it had secured the loan by the…

TMC to Deliver Compressors for Woodside's Sangomar FPSO

Sep 21, 2021

Oslo-based offshore compressor firm TMC Compressors has won a contract to supply the marine compressed air system for Woodside's Sangomar FPSO, to be deployed offshore Senegal.TMC will deliver a large marine compressed air system to the FPSO…

Karoon Eyes Growth in Brazil with Own Oil Fields, Acquisitions

Sep 20, 2021

Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday…

SBM Offshore Completes $1.6B Project Financing for FPSO Sepetiba

Sep 16, 2021

Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history.FPSO Sepetiba, formerly known as Mero 2…

SBM Offshore's Liza Unity FPSO Receives ABS SUSTAIN-1 Notation

Sep 13, 2021

SBM Offshore's Liza Unity FPSO, which last week set sail from Singapore en route to Guyana, has been awarded the SUSTAIN-1 notation by classification society ABS – the first FPSO in the world to receive it.According to ABS, the SUSTAIN-1 notation…

BW Offshore In Barossa FPSO Equity JV Partnership

Sep 10, 2021

FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…

Sembcorp Marine Wins Dorado FPSO FEED Deal with Altera

Sep 10, 2021

Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia…

VIDEO: Guyana's Second FPSO Sets Sail from Singapore

Sep 09, 2021

Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…

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