"FPSO" News

Odebrecht founder dies

Jul 21, 2014

Norberto Odebrecht, who founded one of Latin America’s largest engineering companies, Odebrecht, died Saturday of heart failure in Salvador, Bahia, Brazil. The founder and honorary chairman of the Odebrecht Group, built a successful business with a 70-year history…

Ruche discoveries off Gabon declared commercial

Jul 21, 2014

Harvest Natural Resources Inc. announced today that a Declaration of Commerciality (DOC) has been signed with the Gabonese Republic (Gabon) pertaining to the Dussafu Marin permit offshore Gabon. This follows Gabon's award, on 17 July…

N'Goma ready for sailaway

Jul 21, 2014

Sonasing's FPSO, the N'Goma, is ready to sail away from the Angolan Paenal Yard, Port Amboim, after a naming ceremony, held Saturday (19 July). The N'Goma will be moved to ENI's West Hub project in Angola offshore Block 15/06, where it…

Floating FLNG facilities: are they 'vessels' for purposes of liability limitations?

Jul 21, 2014

Rendering of Shell's Prelude FLNG. Photo from Shell.  Vinson & Elkins’ David Lang and Paul Greening discuss determining whether and FLNG facility can receive limitations of liability for maritime claims…

Wison-WorleyParsons eye Asian FLNG

Jul 17, 2014

Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…

Saipem awarded new FPSO contracts

Jul 15, 2014

Saipem has been awarded contracts for the extension of leasing and upgrading works of the Cidade de Vitoria FPSO vessel off Brazil and a lease extension and operation contract for the Gimboa FPSO off Angola. The contracts are worth approximately US$600 million…

MacGregor inks multiple contracts

Jul 11, 2014

Macgregor, a Cargotec company, has secured contracts from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply equipment for two projects that will be booked into the company’s Q2 2014 order intake…

Maersk Oil backs out of Brazil

Jul 09, 2014

AP Moller-Maersk subsidiary Maersk Olie og Gas (Maersk Oil) will take a US$1.7 billion impairment on its Brazilian assets, it announced 9 July. The Danish company specifically cited disappointing appraisals as one of the reasons it has “revised…

Inpex launches Ichthys FPSO hull

Jul 07, 2014

About two-and-a-half years after construction began, Japan’s Inpex Corp. launched the hull of its Ichthys FPSO from the dry dock of the Daewoo Shipbuilding and Marine Engineering yard in Okpo, South Korea, the Japanese operator announced today…

Third Tubarao Martelo well in production

Jul 07, 2014

Brazilian independent OGPar (Óleo e Gás Participações SA), formerly known as OGX, started production on the third well in the Tubarão Martelo field, 58mi off Rio de Janiero, the company announced on 3 July 2014. The well, TBMT-2HP, is located in the field…

Tullow selects WGK for TEN work

Jul 01, 2014

Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana and its partners through the execution phase of the Tweneboa, Enyenra and Ntomme (TEN) project, offshore Ghana. WGK will provide subsea, umbilical…

Keppel lands Kraken and Shah Deniz jobs

Jul 01, 2014

Keppel Offshore & Marine subsidiaries Keppel Shipyard and Keppel Singmarine Pte have secured contracts worth a total of S$368 million for North Sea and Caspian Sea projects. Keppel Shipyard has won the contract for the conversion…

N'Goma FPSO docks in Angola

Jul 01, 2014

The N'Goma FPSO has berthed at Porto Amboim Estaleiros Navais yard (Paenal yard) at Port Amboim  in Angola, following a 7331mi voyage (13,577km) from Singapore. Once the FPSO, a conversion project, is complete, it will be relocated to…

Tullow discusses offshore Ghana developments

Jul 01, 2014

Tullow Oil shares this video on their exploration projects offshore Ghana, including the Tweneboa, Enyenra and Ntomme (TEN) project, which the company says is on track for first oil by mid-2016. Read more on Tullow's TEN development…

MOL Group adds to North Sea assets

Jun 30, 2014

Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…

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