Vessels News


Protea completes Total FSO crane package

Jan 11, 2016

Protea has completed the manufacture of a comprehensive crane package for an FSO (floating, storage, and offloading) that will be chartered by Total for operation at the Martin Linge offshore development. Comprising of two deck cranes…

Eni in Mpungi start up

Jan 11, 2016

Italy’s Eni commenced production from the Mpungi field offshore Angola that will bring production ramp up in the West Hub Development Project to about 100,000 boe/d this quarter. N’Goma FPSO. Image from SBM Offshore…

US rig count drops nearly 60% year-on-year

Jan 08, 2016

Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…

ABS, MARIC expand collaboration

Jan 08, 2016

ABS, a provider of classification services to the global marine and offshore industry, has signed a strategic cooperation agreement with Marine Design and Research Institute of China (MARIC) to expand collaboration, focusing on operational…

POSH, Al-Khalaf Group form ME JV

Jan 08, 2016

PACC Offshore Services Holdings (POSH), an Asia-based offshore marine services provider, has announced that it has entered into a joint venture (JV) and incorporated “POSH Saudi Co.” with Saudi Arabia’s Hmood Al-Khalaf Group as part of its plans to expand its presence in the Middle East…

FPSO suffers mooring failure in storm

Jan 08, 2016

A floating production vessel working on CNR International Banff field has become the latest victim to bad weather in the UK.  The Teekay-owned Petrojarl Banff unit, based some 190km east of Aberdeen, saw two of its 10 achor lines 'lose tension' at around midnight on 3 January…

Petrobras axes Ensco rig deal

Jan 06, 2016

Houston-based Ensco received a cancelation notice from Brazilian giant Petrobras for the DS-5 drilling rig, citing improper payments. Image of the Ensco DS-5 drillship. Courtesy of Ensco. Last year…

M-I SWACO inks Statoil tank cleaning contract

Jan 06, 2016

Statoil has been looking for a way to make tank cleaning on supply vessels safer and more effective. M-I SWACO, a Schlumberger company, has developed a technological solution and has now been awarded a contract with Statoil that is valued at around US$55…

Polarcus to restructure

Jan 06, 2016

Polarcus has gained full support from key stakeholders to move forward with the restructuring of the company in an effort to reduce its debt. The Polarcus Nadia. Image courtesy of Polarcus. Key…

Cathelco wins ICCP orders for FPSO trio

Jan 05, 2016

Cathelco has won orders to supply hull corrosion protection systems for three FPSOs. Two of the systems are being supplied to MODEC, while the third will be installed by Sembcorp Marine’s Jurong yard in Singapore. The FPSO Cidade de Campos…

HB Rentals installs TLQ on Far Sentinel

Jan 05, 2016

Offshore living quarter specialist HB Rentals installed a new temporary living quarters (TLQ) accommodation project on the Far Sentinel, a 15,000 gross ton subsea construction / inspection, maintenance and repair (IMR) vessel owned and managed by Norway’s Farstad Shipping…

Quadrant hits at Roc-1

Jan 04, 2016

Quadrant Energy encountered condensate rich gas from at least three hydrocarbon columns at the Roc-1 well, offshore Western Australia. Map of Roc-1, courtesy of Carnarvon. Roc…

African FPSOs

Jan 01, 2016

Nigeria is eying an opportunity to integrate floating production units on home turf, potentially even building them from scratch. Elaine Maslin found out more. ADOL from the air.  Photos…

The floating production market: 2016 & beyond

Jan 01, 2016

While depressed commodity prices lend to pessimism, floating production systems are projected to remain an integral component of offshore field development. Quest Offshore analyst Andrew Jackson explains. The…

Wear and tear

Jan 01, 2016

Audrey Leon spoke with DNV GL’s Michiel van der Geest about its new joint industry project regarding wear acceptance criteria for jacking systems. Currently 13 companies have signed on to the project, which aims to provide criteria for better assessing self-elevating units…

Current News

Oil Set for Biggest Weekly Gains in Two Years

Enbridge to Build Pipelines for BP’s US Gulf of Mexico Deepwater Oil Project

UK Commits $28.4B for CCS Projects Over Next 25 Years

Eni Gets Lease from Crown Estate for UK’s HyNet CCS Project

Subscribe for OE Digital E‑News