Offshore Floating Production News - page 4

 

Enauta: Atlanta Field Resumes Full Production as Repairs Complete. New Well Planned for 2022

Aug 25, 2021

Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure.Enauta said Wednesday that all the wells tied to the early production…

Brazil: Petrobras Starts Production from FPSO Carioca in Sepia Field

Aug 24, 2021

Brazilian oil firm Petrobras said Monday it had started producing oil and gas from the FPSO Carioca, the first FPSO in the Sépia field, located in the Santos Basin pre-salt, offshore Brazil.The Carioca FPSO is located around 200 km off the coast of the state of Rio de Janeiro…

Santos Selects Altera for Dorado FPSO FEED

Aug 23, 2021

Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases…

ABS to Class FPSO Pair Being Built for Petrobras Buzios Field

Aug 19, 2021

The American Bureau of Shipping said Thursday that an FPSO duo being built for Brazil's Petrobras would be constructed to ABS Class.The sister FPSOs are currently named P-78 and P-79 and will be deployed at the giant Buzios pre-salt offshore oil field in Brazil's Santos Basin…

Cenertech's New FPSO to be Built to ABS Class

Aug 18, 2021

ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services  Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development…

Guyana to Increase Oil Royalties and Revamp Contract Terms for Future Oil Projects

Aug 18, 2021

Guyana aims to increase its oil royalties and revamp other contract terms as part of a new profit-sharing agreement (PSA) for future crude and gas projects now in its draft stage, the South American nation's vice president said on Tuesday.The…

Eni Brings Online Cuica Field Offshore Angola

Aug 16, 2021

Italian oil firm Eni said Friday it had recently started production from the Cuica field offshore Angola. The company is producing oil from the field via the Armada Olombendo FPSO.Production started on July 30, 2021, just over 4 months from discovery…

GlobalData: Brazil to Lead Offshore Oil and Condensate Output in 2025

Aug 13, 2021

Energy intelligence firm GlobalData expects Brazil to contribute around 23% or 1.3 million barrels per day (mmbd) of global crude oil and condensate production in 2025 from key offshore planned and announced projects (new-build projects) that are expected to start operations between 2021 to 2025…

Group Formed to Tackle Safety Issues Aging Global FPSO Fleet Faces

Aug 12, 2021

Maritime and offshore classification society ABS said Thursday it had brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half…

VIDEO: Prosperity FPSO Hull Arrives in Singapore

Aug 12, 2021

The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO  to end client ExxonMobil…

Talos Leaves Consortium Bidding on Petrobras' Albacora Offshore Fields

Aug 10, 2021

Talos Energy Inc has withdrawn from a consortium with EIG Global Energy Partners, Enauta Participacoes SA and 3R Petroleum Oleo e Gas SA, and the group has submitted a binding offer to Petrobras for the Albacora and Albacora Leste oilfields in Brazil…

Guyana Earns Nearly $80 Mln from 7th Crude Cargo

Aug 09, 2021

Guyana earned nearly $80 million from the seventh crude cargo allocated to the government from the offshore Liza project, the highest figure since exports began in early 2020, the Ministry of Natural Resources said on Monday.The cargo of 1,047…

Petrobras Post Strong Results as Crude Rises, Gas Strengthen

Aug 05, 2021

Brazil's Petrobras beat second quarter profit estimates on Wednesday, as higher Brent prices, strong natural gas sales and relatively controlled expenses boosted the company's bottom line.In an evening securities filing, Petroleo Brasileiro SA…

SBM Inks LOI to Lease FPSO for Petrobras' Mero Field

Aug 03, 2021

Dutch FPSO leasing specialist SBM Offshore said it has signed a letter of intent with Petrobras to lease and operate a newbuild floating production, storage and offloading unit (FPSO) at the Mero field in the Santos Basin offshore Brazil. SBM did not disclose financial details of the 22…

WER: Near-term Outlook for Floating Production Systems 'Very Positive'

Jul 29, 2021

The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive…

Current News

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Exxon to Close Two Houston-area Office Towers

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US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Shell Expects Ida-hit Offshore Platform to Restart in November

Shell Expects Ida-hit Offshore Platform to Restart in November

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