SBM Offshore is pleased to announce that it has received a Letter of Intent (LOI) for the twenty year charter and operation of two (2) FPSOs from BM-S-11 subsidiary Tupi BV on 22 March 2013.The FPSOs will be deployed at the Lula field in the pre-salt province offshore Brazil…
UK-listed exploration and production firm Premier Oil is in the process of picking two separate FPSOs for projects in the North Sea.The firm said it was out to tender on its North Sea Catcher project for an FPSO. Concept select was agreed in…
Keppel wins new business Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries - Keppel FELS Brasil S.A. (Keppel FELS Brasil) and Keppel Shipyard Ltd (Keppel Shipyard) - have secured two contracts worth S$200 million (US$161.54 million) from repeat customers…
North Sea independent exploration firm Ithaca Energy has agreed a deal to buy fellow London AIM-listed explorer Valiant Petroleum.Ithaca said the deal, which values Valiant at about $309million, would establish it as “a leading mid cap North…
Now that BP's PSVM project, in Block 31, off Angola is in production, the company has released this video detailing the work to get the field up and running.The PSVM project consists of four fields, Plutao, Saturno, Venus and Marte. All produce oil through a converted hull…
Technip picks up new 5-year PSVM Angola dealNew contract follows completion of Technip's previous 5-year pact for engineering services on the Greater Plutonio FPSO. (Image: BP)BP Angola awarded Technip a 5-year contract for engineering…
Teekay and Odebrecht Oil & Gas, owners of the FPSO Cidade de Itajaí, show the unit's transformation from an Aframax hull to its current state at Sembcorp Marine's Jurong Shipyard in Singapore. The FPSO Cidade de Itajaí arrived offshore…
FPSO Cidade de Itajaí connects to Baúna field Cidade de Itajaí (Photo: OOG)Production has begun at Petrobras' Baúna field, in the Southern Santos Basin, off Brazil, the company announced on 19 February 2013. Petrobras connected the FPSO Cidade de Itajaí…
Compressor order from Petrobras for Santo Basin FPSOsA crane loads a two-stage screw compressor unit with noise control enclosurefor offshore useSix two-stage screw compressor units for six offshore oil production installations, known as FPSO (floating production…
Angola project to produce 150,000 b/d of oil PSVM Project (Image: BP)Production had begun from BP and Sonangol's PSVM development in Block 31, off Angola, the partners confirmed on 1 February 2013.Three wells at the Plutao field are…
BP is celebrating production from the Skarv field in the Norwegian Sea. CEO Bob Dudley called the start-up a “key operational milestone” for the supermajor. The Skarv development includes an FPSO (pictured), five subsea drilling templates, and a 26in diameter…
Petrobras has chosen GE Oil & Gas to power its four new FPSOs – the P-74, P-75, P-76, and P-77 – bound for the Cessão Onerosa field in the Santos Basin pre-salt. GE’s turbomachinery will generate primary energy for the FPSOs using gas turbines…
The $500M supply contract serves 4 new FPSOsGE's PGT25 gas turbineGE Oil & Gas has won a contract worth more than US$500 million to supply turbomachinery equipment and services to Petrobras, a world leader in deepwater oil production…
OE talked to Steve Knowles, president and CEO of Wood Group Mustang, asking ‘what will be the most important things in the coming years?’Knowles: I think that, although it’s not the expected subsea technology of big projects, rather, it’s data integrity associated with the projects…
Sapinhoá field begins production off BrazilSapinhoá mapCommercial production has begun at Sapinhoá field, Repsol announced on 8 January 2013.The field, run by a consortium of Repsol, Petrobras and BG Group, is located in Block BM-S-9 in Brazil’s pre-salt region…