Offshore Floating Production News - page 124


HRT advances Polvo field

May 20, 2014

Brazilian independent HRT Participacoes em Petroleo SA announced plans to focus on the offshore Polvo field, in the Campos basin.  HRT operates the field with 60% interest along with partner Maersk (40%). In 4Q 2013, the National Petroleum Gas and Biofuels Agency (ANP)…

Teekay to acquire Logitel, signs FSO extension

May 16, 2014

Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…

Goliat delivery rescheduled

May 16, 2014

Delivery of the Goliat floating production, storage and offloading (FPSO) platform has been delayed until early 2015, operator Eni Norge announced today.  Eni said that conditions to depart at the end of June 2014, and complete commissioning in Norway in Q4 2014…

EnQuest makes Malaysia move

May 16, 2014

UK-based independent EnQuest says it has made a discovery in the North Sea and agreed a field development project with Malaysia’s Petronas.  Drilling on the North Sea Avalon prospect confirmed a discovery. EnQuest said preliminary analysis…

Northern mull FPF spin

May 15, 2014

Houston based drilling and floating production firm Northern Offshore is considering spinning off its sole floating production platform (FPF) into a new business (pictured).  The firm operates the semisubmersible Northern Producer FPF…

Nippon to use FPSO on Layang

May 14, 2014

Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…

Premier close to Catcher sanction

May 14, 2014

Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…

Marathon selects Technip for Alvheim

May 13, 2014

Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication…

Unmanned buoy concepts grow

May 12, 2014

A 20-year-old concept is receiving increasing attention in the North Sea as operators look for options to develop marginal fields. The concept is for unmanned production buoys, which could cost-effectively support production from small or marginal fields…

Deep Sea Mooring backs new business

May 08, 2014

Norwegian mooring solutions and services firm Deep Sea Mooring (DSM) is backing a new, specialist business dedicated to subsea installation solutions. Deep Sea Installation (DSI), which will initially focus on the floating production, storage and offloading vessel segment…

BW seals Catcher FPSO deal

May 02, 2014

BW Offshore has signed the contract with Premier Oil for the provision of a floating production, storage and offloading vessel to operate on the Catcher oil field in the UK North Sea.  The firm charter period of the contract is seven years…

MODEC selects XPD8 for TEN project

Apr 29, 2014

Asset integrity management firm XPD8 Solutions is to develop the maintenance program and inventory data for MODEC’s TEN MV25 floating production, storage and offloading (FPSO) vessel, operated on behalf of Tullow Oil, offshore Ghana. The…

Floating nuclear plant design unnveiled

Apr 21, 2014

A new design for nuclear plants built on floating platforms, modeled after those used in the offshore oil and gas industry, has been created by professors at Massachusetts Institute of Technology (MIT). They say such a design could help avoid the disaster at Fukushima Daiichi nuclear plant…

Total selects Aker for Kaombo

Apr 15, 2014

Total has selected Aker Solutions to provide a subsea production system for the Kaombo Block 32 development in Angola. The NOK14 billion contract will see Aker Solutions deliver 20 subsea manifolds and 65 vertical subsea wellsets. The…

$16bn Kaombo project go-ahead

Apr 14, 2014

Total and its partners are to move ahead with the 650MM bbl, deepwater Kaombo project offshore Angola after cutting US$4 billion from the capex costs on the project. Kaombo will develop six of 12 discoveries made in Block 32, covering 800sq km…

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