Offshore Floating Production News - page 3

 

Global Mariner Offshore Sues Yinson, THHE, Floatech

Mar 09, 2020

Malaysian oil and gas services provider Global Mariner Offshore has launched legal action against TH Heavy Engineering, Floatech, Yinson, and several other parties, seeking RM74,800,000 plus interest in damages.Global Mariner is a 20 percent owner of Floatech…

Hurricane, Spirit Update GWA Farm-In Terms

Mar 06, 2020

Hurricane Energy and Spirit Energy, partners in the Greater Warwick Area offshore the Shetland Islands, have updated the terms of the farm-in the companies had entered in September 2018.The two companies originally agreed on a phased work program…

Premier Oil Targets Carbon Neutral Operations by 2030

Mar 05, 2020

British North Sea-focused oil and gas producer Premier Oil has committed to carbon-neutral operations at its fields by 2030, reporting a record free cash flow of $327 million last year, up around 30% and boosted by its flagship Catcher field…

BW Energy Starts Oil Production from Tortue Phase 2 in Gabon

Mar 05, 2020

Oslo-listed BW Energy has started oil production from the Tortue Phase 2 field development project in the Dussafu Marin Permit offshore Gabon.The Gamba well DTM-5H was successfully brought online as of 4 March, ahead of schedule. The second well…

Sandvik Wins Mero Steel Tube Umbilical Order

Mar 03, 2020

Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential…

InterMoor Installs New ESP on Mampu-1 FPSO

Mar 03, 2020

InterMoor has recently transported and installed a new electric submersible pump (ESP) system as part of the MaMPU-1 FPSO upgrade for a wellhead platform project in Malaysia.The work for MISC Offshore Floating Terminals Dua Ltd included project management…

Subsea 7 to Tie Murphy's Discoveries to King's Quay FPS

Mar 03, 2020

Offshore installation contractor Subsea 7 on Tuesday said it had won a contract from Murphy Oil for the provision of the subsea installation services related to the Samurai, Khaleesi, and Mormont developments in the U.S. Gulf of Mexico.The contract…

Ampelmann Wins Contract from SBM in Guyana

Mar 02, 2020

Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore.Ampelmann  said it assisted the hook-up and commissioning of the SBM floating production…

Shell's Bonga Oilfield to Undergo Maintenance

Mar 02, 2020

Royal Dutch Shell's Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalized, a spokesman said.Shell operates the offshore field via its Nigerian subsidiary SNEPCo…

Go-ahead for Van Gogh Infill Phase 2

Mar 02, 2020

Australian energy company Santos announced a Final Investment Decision (FID) had been made on the Van Gogh Infill Development Phase Two Project, which will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback into existing infrastructure…

FPSOs: The New Business Model

Feb 29, 2020

As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil…

Wood to Design Chevron's Anchor Offshore Platform

Feb 28, 2020

Engineering company Wood has secured a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.The scope of the project included the preliminary, front end engineering and design (Pre-FEED)…

Coronavirus to Cut 2020 Oil, Gas Spend by $30B

Feb 28, 2020

The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday…

Yinson: Abigail-Joseph FPSO Sets Sail for Nigeria. First Oil in May

Feb 28, 2020

Malaysian FPSO leasing company Yinson has informed that its FPSO Abigail-Joseph has set sail from Singapore to Nigeria, where it will be deployed at First E&P offshore oil fields.The FPSO, previously named Allan, has recently been upgraded by Keppel in Singapore…

Operators Could Soon Pay More for FPSOs

Feb 27, 2020

Amid a raft of February orders and near-orders for floating production storage and offloading vessels, or FPSOs, comes a new report suggesting those shipyards and engineers able to piece them together may soon be feeling the strain.'The strong pace of recent orders has a downside…

Current News

OPEC+ Confirms Agreement to Cut 10 Mln BPD in May, June

OPEC+ Confirms Agreement to Cut 10 Mln BPD in May, June

David Roodenburg Takes Over as Huisman CEO

David Roodenburg Takes Over as Huisman CEO

Saudi, Russia Closing in on Record Oil Cut Deal

Saudi, Russia Closing in on Record Oil Cut Deal

OPEC+ Considers Oil Cuts Above 12 Mln BPD

OPEC+ Considers Oil Cuts Above 12 Mln BPD

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