"FPSO" News

AIM for life - and beyond

Mar 01, 2015

Floating production systems are on the hard edge of asset integrity management, says Jonathan Boutrot. The business case for having an asset integrity management (AIM) system in place for offshore assets is getting more and more cogent every day…

Statoil submits Peregrino II plan

Feb 27, 2015

Statoil and its Peregrino field partner Sinochem submitted its US$3.5 billion development plan for the Peregrino Phase II project to Brazilian regulator, the National Agency of Petroleum, Natural Gas and Biofuels, at the end of January, the Norwegian explorer announced on 27 February…

Greater Stella Area delayed again

Feb 25, 2015

First production from the Greater Stella Area development in the UK North Sea has hit a further set back as delays continue on the project's floating production facility. Operator Ithaca Energy said the rate of progress of modifications…

Schneider Electric wins Kaombo contract

Feb 24, 2015

Saipem awarded Schneider Electric a contract to design, fabricate and pre-commission two E-House modules, fully-integrated technical buildings, to support the Total E&P Angola-operated deep offshore Kaombo FPSO project. Located 260km offshore Luanda in water depths ranging from 1400-1950 m…

FES gets Egina contract off Nigeria

Feb 24, 2015

Saipem awarded FES International a US$2 million contract to supply bend stiffener connectors (BSCs) for the Egina project. The BSCs will be used by global energy company, Total, at its third deep offshore development off the coast of Nigeria…

KANFA wins Cape Three Points contracts

Feb 16, 2015

Sevan Marine subsidiary KANFA has been awarded a letter of award for the engineering, procurement and construction  (EPC) of four process modules for the FPSO Yinson Production. The contract is expected to last 15 months and be worth about US$50 million…

Eni selects TOOLS to supply Goliat

Feb 13, 2015

Norway's TOOLS has won a contract from Eni Norge for the provision of services and supplies to the Goliat FPSO/ The three-year contract, which has extension options, includes the provision of tools, pipes and fittings, transmissions,…

PetroRio discloses Shell price tag

Feb 13, 2015

The PetroRio acquisition of Shell’s 80% stake in the Bijupirá and Salema fields, and the Fluminense FPSO cost the company US$150 million. PetroRio acquiring the Fluminense FPSO in Shell deal. Image from Modec…

"Don't waste a good crisis"

Feb 11, 2015

Subsea industry leaders were told not to 'waste a good crisis' today (February 11), with simplified engineering, a calibration of costs and better collaboration key focus areas. A sense of urgency is needed to re-baseline costs, which should have been addressed already years ago…

Six dead, three missing after explosion

Feb 11, 2015

Update: 17 February 2015 - BW Offshore has confirmed that the death toll has now risen to six after an explosion on the the company's Cidade São Mateus FPSO offshore Brazil.  The body of one of the previously four missing Brazilian…

BW Offshore uses SafeEx systems

Feb 10, 2015

Danish saftware specialist SafeEx has developed software for Ex inspection and registration now deployed on three FPSOs, with more orders expected.  Traditionally, Ex inspections have been conducted with pen and paper as well as subsequent…

Goliat en-route to Barents Sea

Feb 10, 2015

Eni's Goliat cyclindrical floating production, storage and offloading (FPSO) platform, built in South Korea and now destined for the Barents Sea, has finally been loaded ready for transport to Norway. The 107m-diameter Goliat platform…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

Rig market hits hard times

Feb 02, 2015

Orderbooks reflect reined-in spending based on conservative near-term oil price estimates. ABS’ James Graf sets out the detail. MODU new construction projects through 4Q/14.  Source: ABS. Weak demand…

Energy Recovery and Zaptec

Feb 02, 2015

A number of organizations have been looking at ways to reduce energy use and emissions offshore. Sintef has been working on a waste heat recovery project, focusing on gas compressors, with research involving operators and equipment vendors…

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