"FPSO" News

Jadestone Energy Working to Address Tank Defect on Montara Venture FPSO

Aug 10, 2023

Asia Pacific-focused Jadestone Energy, which last month shut down production from its Montara Venture FPSO off Western Australia due to an issue with the FPSO's 4S ballast water tank,is still working to address the defect in the tank.Jadestone Energy said Thursday that since the shutdown…

Sangomar FPSO 90% Complete

Aug 09, 2023

The FPSO being built for the Sangomar development, Senegal's first offshore oil project, is 90% complete and is expected in Senegal in February 2024.The information was shared on X by Senegal's Ministry of Petroleum and Energy, whose delegation…

Yinson Acquires Atlanta FPSO. First Oil in Mid-2024

Aug 02, 2023

Malaysian FPSO leasing firm Yinson Production has acquired the Atlanta FPSO, a floating, production, storage, and offloading vessel that will serve as a production unit at Enauta's Atlanta field in Brazil.Yinson acquired the FPSO through the acquisition of AFPS B…

Two Week Contract Extension for FPSO in Nigeria

Aug 01, 2023

FPSO leasing company BW Offshore has signed a short-term extension for its Abo FPSO.The extension was signed with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni, and runs until August 14, 2023.BW Offshore has been in talks to divest the FPSO…

Jadestone Energy's Montara Venture FPSO Shut Down Again After Gas Alarm Triggered

Jul 31, 2023

Jadestone Energy's Montara Venture FPSO offshore Australia, which had resumed output in March after a lengthy shutdown, has been shut down again.Jadestone said Monday that on July 29, 2023, a gas alarm was triggered within ballast water tank 4S…

Hibiscus/Ruche Phase 1 Development on Track: BW Energy's Third Well Brought Online

Jul 20, 2023

Oslo-listed oil and gas company BW Energy has started production from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu license offshore Gabon.'Well performance is in line with expectations, with current production at approximately 6…

Armada Kraken FPSO's Production Climbs After Shutdown

Jul 20, 2023

Bumi Armada's Armada Kraken FPSO, a production unit operating at EnQuest's Kraken offshore field in the UK North Sea, has increased operational performance following a shutdown in early June.As Offshore Engineer previously reported, the Armada…

Capricorn Energy's $50M Payment Hangs in the Balance as Senegal Offshore Project Start-up Delayed

Jul 19, 2023

UK-based oil and gas exploration and production company Capricorn Energy is keeping its fingers crossed that Woodside's Sangomar offshore oil project in Senegal will produce the first oil by June 30, 2024.In December 2020, Scotland-based Capricorn Energy…

Ghana: Tullow Oil's Jubilee Offshore Field Hits 100,000 Barrels per Day Mark

Jul 17, 2023

Oil company Tullow said Monday that production from its Jubilee oil field offshore Ghana had surpassed 100,000 barrels of oil per day, following the recent start-up of the Jubilee South East (JSE) Project.'Gross production from the field has surpassed 100…

First Oil Flows from Jubilee South East Project Offshore Ghana

Jul 14, 2023

Oil and gas company Tullow said Friday that production had started from the Jubilee South East (JSE) Project, offshore Ghana.The first JSE production well has been brought onstream and a further two producers and one water injector are expected…

VIDEO: FPSO Bacalhau's Hull Leaves Chinese Shipyard

Jul 14, 2023

The hull of Brazil-bound FPSO Bacalhau has recently left the DSIC shipyard in China after 32 months of work. It will move to Singapore for topside module integration before heading out to Brazil where it will be deployed at a giant Equinor-operated offshore oil project…

Yinson to Acquire Atlanta FPSO, Activating 15-year Charter with Enauta

Jul 14, 2023

Brazilian oil company Enauta said Friday it had received a letter from the Malaysian FPSO company Yinson, notifying the exercise of an option to acquire FPSO Atlanta, through the purchase of all the shares of AFPS B.V., the platform owner company…

Yinson Secures $230 Million Loan for FPSO Maria Quitéria Project in Brazil

Aug 07, 2023

Malaysian FPSO leasing company Yinson Production said Monday it had secured a $230 million term loan facility in relation to FPSO Maria Quitéria Yinson is delivering for Petrobras in Brazil.The loan facility was structured and arranged by Global Infrastructure Partners (“GIP”)…

Petrobras Makes History, Sells First FPSO for Green Recycling in Brazil

Jul 11, 2023

In a first, Brazilian oil company Petrobras last week reportedly sold the P-32 FPSO for sustainable recycling in Brazil, paving the way for the development of the local ship recycling industry.The sale of the floating unit P-32 reportedly took place on July 7…

Unite Ballots Petrofac Offshore Workers on Strike Action

Jul 10, 2023

Unite the union confirmed Friday that offshore workers employed by Petrofac Facilities Management Limited in the UK will be balloted on strike action.Around 80 Unite members contracted to work on Ithaca Energy’s FPF1 platform, Captain WPP, Captain floating production…

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