DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME. The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia.…
Statoil, on behalf of the licence owners, issued a Letter of Intent (LOI) to Samsung Heavy Industries for a permanent floating oil storage unit (FSU).The contract is worth an estimated US$ 230-million and includes options to buy two additional units…
IMA has just completed an in-depth analysis of the floating production sector. The 175 page report Floating Production Systems: Assessment of the Outlook for FPSOs, Semis, TLPs, Spars, FLNGs, FSRUs and FSOs is the 47th in a series of IMA reports on the deepwater production sector that began in 1996…
Excelerate Energy enters Into a shipbuilding option agreement with DSME for 8 New Floating Storage and Regasification Units (FSRUs).The option agreement with Daewoo Shipbuilding and Marine Engineering (DSME) is for the delivery of up to eight…
Wison Offshore & Marine Announces Award for construction of World’s First Floating LNG Liquefaction Unit.Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today the successful award of a contract by the Exmar group for engineering…
UK Certificate of Competency candidate forged proof of sea-time certificates, later found out, fined & subject to commitalAt a hearing at Southampton Magistrates Court, Boorzeen Murzban Dantra was fined a total of £7,603.21 including costs and a victim surcharge…
Keppel Shipyard Ltd (Keppel Shipyard) has secured three conversion contracts worth a total of S$142 million. These conversion contracts are to convert a Liquefied Natural Gas (LNG) Carrier to a Floating Storage Unit (FSU), a VLCC tanker to a…
cut 08Sep_Mariner468Mariner field illustration (Photo Courtesy www.statoil.com)cut 08Sep_Mariner225bPeter Mellbye, Statoil’s executive vice president for Development and Production International. (Photo Courtesy www.statoil.com)The…
IMA has completed a study of the floating production market, and the report documents strong growth in the business sector. According to the market survey, 14 floating production units have been ordered over the past four months – a record pace reflecting strong underlying market drivers…
Society releases new Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage and OffloadingApril 28 (Tokyo) - Nippon Kaiji Kyokai (ClassNK) is pleased to announce the publication of its new Guidelines for Floating Offshore Facilities for LNG/LPG Production…
Ince & Co advised long standing client Golar LNG Energy (Golar LNG) on the successful completion of an 11-year time charter party (TCP) for the provision of a Floating Storage and Regasification Unit (FSRU) and associated mooring to PT Nusantara Regas (PTNR)…
ABB, the leading power and automation technology group, has won an order worth $110m from Eni Norway AS, to build a power link between a new oil and gas platform in the Barents Sea and the Norwegian power grid. The order was booked in the first quarter…
Wilhelmsen Ships Service has completed a major safety system service for the Chevron FSO (Floating Storage and Off-loading unit) Escarvos in South Africa. At the same time, Wilhelmsen Ships Service provided equipment and refrigerant to support the refurbishment of the vessel’s chiller systems…
Drydocks World - Dubai, a ship repair, conversion and new building yard and the flagship company of Drydocks World, announced that work is underway on its first ever Floating Storage Re-gasification Unit (FSRU) conversion project, known as the FSRU LIVORNO Project…
According to Reuters, STX expects top South Korean shipyards to jointly win offshore project orders from Brazil's Petrobras. Petrobras is expected to issue large tenders for offshore oil development vessels, including drillships and floating product storage and offloading units…