Offshore Floating Production News - page 39

 

Swiss Public Prosecutor Fines SBM Offshore for Bribery

Nov 24, 2021

SBM Offshore, one of the world's largest suppliers of FPSO vessels for the offshore oil and gas industry, has been ordered to pay 7.0 million CHF (around USD 7.6 million) for bribery in the 2005 – 2012 period.A year ago, SBM Offshore said that…

Brazil: Wood to Keep Maintaining Equinor's Peregrino Offshore Facilities

Nov 24, 2021

Norwegian oil and gas company Equinor has extended the contract with the engineering and consulting firm Wood for the delivery of maintenance solutions across the Peregrino wellhead platforms (WHP) and FPSO, located offshore Rio de Janeiro, Brazil…

PJV to Equip Brazil-bound FPSO Duo with Valves

Nov 23, 2021

PJ Valves (PJV), a manufacturer and supplier of valves for the energy industry, has secured orders to supply valves for two FPSOs in Brazil.One of these FPSOs is planned to be one of the largest offshore oil producing units in the world. The FPSO…

Guyana to Request Stronger Financial Guarantees from Oil Operators

Nov 23, 2021

Guyana is getting ready to raise requirements on oil operators to protect the nation against spills and future removal costs of production platforms, the head of its environmental agency told Reuters.Guyana currently requires financial assurance…

Report: Petrobras to Raise Capex to $60-$70B in 2022-2026 Plan

Nov 19, 2021

Petroleo Brasileiro SA is expected to commit between $60 billion and $70 billion in capital expenditure (capex) in its next multi-year business plan as Brazil's state-controlled oil company focuses on exploration and production in subsalt areas…

FPSO Compressor Fault Affects Pharos' Vietnam Output. Infill Drilling Campaign Complete

Nov 18, 2021

Pharos Energy plc, an oil and gas exploration and production company, with an interest in the TGT field offshore Vietnam, has completed the first phase of the infill development drilling program at the field, however, it has also experienced a setback with an FPSO compressor…

80 New Jobs in Aberdeen: PD&MS to Modify Dana Petroleum's FPSOs

Nov 18, 2021

Engineering and construction company PD&MS Group has secured a contract to carry out modifications on Dana Petroleum's Triton and Western Isles FPSOs in the UK North Sea.The contract, of an undisclosed value, is expected to create up to 80 new jobs at its Aberdeen base…

SBM Offshore to Build Fourth FPSO for Exxon in Guyana

Nov 17, 2021

Dutch FPSO specialist SBM Offshore has won contracts to perform Front End Engineering and Design (FEED) for an FPSO for Exxon's Yellowtail development offshore Guyana. This will be SBM Offshore's largest-ever FPSO.The FEED contract for what will be Guyana's fourth FPSO…

Hurricane Energy Says Talks with Bluewater Over FPSO Deal 'Positive'

Nov 16, 2021

Hurricane Energy, a UK-based oil firm producing oil from the Lancaster offshore field in the UK, has said it has had positive talks over the Aoka Mizu contract extension with owner Bluewater.Hurricane Energy, which started producing from the…

Malaysian FPSO Firm Yinson Signs $5.2B LoIs with Petrobras for IPB FPSO Charter and Operations

Nov 15, 2021

Malaysian FPSO supplier Yinson has signed two letters of intent with Brazilian oil company Petrobras for the charter, operations, and maintenance of Integrado Parque das Baleias (“IPB FPSO”), a floating, production, storage, and offloading vessel in the North Campos Basin…

Woodside Moves Closer to Scarborough Field FID. Strikes Deal to Sell 49% in Pluto LNG Plant

Nov 15, 2021

Australia's Woodside Petroleum on Monday took a big step toward funding its biggest growth project, announcing the sale of a 49% stake in the planned expansion of its Pluto liquefied natural gas (LNG) plant in Western Australia.In a statement…

Eni: Coral Sul FLNG Complete and Ready to Sail Away to Mozambique

Nov 15, 2021

Italian energy industry giant Eni said Monday it had held the naming and sail away ceremony for the Coral-Sul FLNG unit, the first floating LNG facility ever to be deployed in the deep waters of the African continent. The event took place at Samsung Heavy Industries shipyard in Geoje…

Report: Exxon, SBM Offshore in Talks to Build Fourth FPSO for Guyana

Nov 12, 2021

Exxon Mobil is in discussions with Dutch contractor SBM Offshore NV to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said.The talks include the potential for some future platform assembly in Guyana…

SBM Offshore Revises Revenue Guidance on FPSO JV Deferral

Nov 11, 2021

Oil services group SBM Offshore on Thursday revised its full-year revenue guidance, citing a deferral in the expected timing of a floating production storage and offloading (FPSO) joint venture.The Dutch company, which supplies floating oil and gas production vessels…

Aker Solutions Wins Wisting FPSO FEED

Nov 10, 2021

Norwegian oil and gas firm Equinor has awarded Aker Solutions a front-end engineering and design (FEED) contract for an FPSO to be deployed at the Wisting oil field in the Barents Sea, offshore Norway.According to Equinor, valued at around NOK 350 million…

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