Offshore Floating Production News - page 126


138% increase in FPSO spending

Feb 19, 2014

Douglas-Westwood’s latest World Floating Production Market Report forecasts that, during 2014-2018, US$99 billion will be spent on floating production systems – an increase of 138% over the preceding five-year period. Report author, Damilola Odufuwa…

Inpex marks Ichthys keel lay

Feb 19, 2014

The INPEX-operated Ichthys LNG Project has celebrated a key milestone for its floating production, storage and offloading (FPSO) facility. The first block of the keel was placed during a ceremony in the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo…

Aibel on TEN topsides

Feb 14, 2014

Aibel Thailand has signed the contract for the topside procurement and fabrication of the Tweneboa, Enyenra & Ntomme (TEN) project with MODEC. The scope includes seven modules weighing in total 9400-tonne. Image: Nick Routledge, VP…

Mariner FSU gets Wärtsilä pumps

Feb 14, 2014

Finland's Wärtsilä has signed a contract for a range of pumping solutions for a new floating storage unit (FSU) to be used on the Mariner oilfield in the North Sea (pictured). Wärtsilä's contract is with South Korea's Samsung Heavy Industries (SHI)…

Bualuang production restarts

Feb 13, 2014

Salamander Energy has said damaged risers on the Rubicon Vantage floating production, storage and offloading (FPSO) vessel have been repaired and production from the Bualuang field has restarted. Bad weather had slowed work to replace riser sections…

Boost for Baobab

Feb 11, 2014

CNR International (CNRI) is preparing to make a significant investment in the next phase of development drilling at its Baobab field, offshore Côte d’Ivoire (Ivory Coast). The Aberdeen-based operator, which is the international division of Canadian Natural Resources…

Deltamarin on Kraken FPSO

Feb 10, 2014

Deltamarin has signed a contract with Bumi Armada for the basic design of a floating production, storage and offloading (FPSO) unit. The move comes after Bumi Armada secured a contract to supply the FPSO to operate on EnQuest's Kraken field…

Giant Olympus starts-up

Feb 04, 2014

Shell announced it has begun production from the Mars B development through Olympus, its seventh, and largest, floating deepwater platform in the Gulf of Mexico.   It is the first deepwater project in the region to expand an existing oil and gas field with significant new infrastructure…

Shell selling BC-10 stake

Jan 29, 2014

Shell has agreed to sell a 23% stake in the Parque das Conchas (BC-10) project, offshore Brazil, to Qatar Petroleum International, for about US$1 billion. Shell will continue to operate BC-10, with a 50% working interest, and retains a significant upstream presence in Brazil…

BG cuts guidance

Jan 27, 2014

BG Group has cut its 2014-15 production forecasts and issued a series of force majeure notices under its LNG agreements in Egypt.  The notices are due to the diversion of gas volumes to domestic markets in excess of existing pooling arrangements…

Bualuang repairs delayed

Jan 27, 2014

Bad weather has slowed work to replace riser sections damaged when an FPSO came off station.  The Rubicon Vantage FPSO drifted into an exclusion zone designed to protect the Bualuang oil field production infrastructure in the Gulf of Thailand in bad weather…

Shell picks Prelude power systems

Jan 17, 2014

Emerson Network Power has been selected as the main uninterruptible power supply (UPS) systems provider for Shell’s Prelude floating LNG project. Prelude is the world’s first floating liquefied natural gas (FLNG) project, currently under construction in Korea…

Kvaerner to upend Aasta Hansteen

Jan 17, 2014

Technip Norge AS has awarded Kvaerner a sub-contract for the fjord base and support services related to the upending and make-ready for mating operations of the substructure for the Aasta Hansteen spar platform (pictured at right). Kvaerner's…

Shell invests in Anasuria

Jan 15, 2014

Oil major Shell is planning to breath new life into its oldest North Sea floating production unit after acquiring new 4D seismic data last year.  According to a partner on one of the fields produced by the Anasuria floating production…

FPSO damages riser

Jan 08, 2014

A floating production (FPSO) vessel moored over the Bualuang oil field in the Gulf of Thailand damaged a production riser after drifting off station in bad weather. The Rubicon Vantage FPSO drifted into the exclusion zone designed to protect the production infrastructure…

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