Royal IHC has signed a new contract for the engineering, procurement and construction (EPC) of a tandem mooring and offloading system for a floating, storage and offloading (FSO) vessel. Image from Royal IHC…
Intelligent Engineering has seen its SPS repair system used on a floating storage and offloading (FSO) vessel offshore Cameroon. The FSO Komi Kribi 1 (KK1), converted in 1977 from a VLCC and operated by ExxonMobil for Cameroon Oil Transportation Co…
SapuraKencana Petroleum Berhad has inked a series of several new contracts with a combined value of approximately US$64.5 million (RM264 million) for work offshore Malaysia and Vietnam. The contract will be carried out by the company’s wholly-owned subsidiary…
MISC Berhad has entered the Thailand offshore oil and gas market after winning a US$230 million, 10-year deal with Chevron for the lease and operations of a floating storage and offloading vessel (FSO). MISC’s wholly-owned subsidiary…
John Bradbury takes a look at activity in the North Sea – across Norway and the UK. Johan Sverdrup - an artist's impression. Image from Statoil. By the middle of 2016 it was evident…
Novenco Offshore has signed a contract with Polish shipyard Remontowa Shiprepair Yard for delivery of HVAC Equipment for the conversion of the tanker Hanne Knutsen to FSO for the Martin Linge field. Total E&P Norway will rent the Hanne Knutsen from KNOT FSO 1…
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…
Japan-based classification society ClassNK has released its Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage Offloading and Regasification (Third Edition). The first edition of the guidelines laid out specific…
Sembcorp Marine has won a contract to design and build a new floating, storage and offloading (FSO) vessel for Maersk's Culzean development in the North Sea. The vessel, to be built under a contract with MODEC Offshore Production Systems (Singapore)…
Japan's MODEC has made its first entry into the North Sea thanks to a contract with Denmark's Maersk Oil. Maersk Oil's UK North Sea business has inked a contract with MODEC for the supply of a floating storage and offloading (FSO) vessel for the US$4…
Mubadala Petroleum began oil production from the Nong Yao field in the G11/48 license in the southern Gulf of Thailand from three initial wells on 17 June. Map of G11/48 off Thailand. From Mubadala…
Bruce Crager profiles some of the floating production vessels already being used offshore Mexico, and highlights what is yet to come. FPSO Yùum K’ak’Náab is currently operating in the KMZ oilfield in the Bay of Campeche…
Singapore-based KrisEnergy hit oil at the first exploration well in the Wassana oil field, offshore Thailand. Thai drilling campaign map. From KrisEnergy. Rayrai-1 intersected about…
The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
Teekay has chosen Singapore-based Sembcorp Marine’s subsidiary Sembawang Shipyard to carry out a floating storage and offloading (FSO) conversion for the unit due to be deployed on Statoil's Gina Krog field in the Norwegian sector of the North Sea…
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