BMT Scientific Marine Services Inc (BMT) has been awarded a contract from SBM Offshore to provide an integrated marine monitoring system (IMMS) for the Stones floating production, storage and offloading (FPSO) vessel in the US Gulf of Mexico…
Bluewater’s Haewene Brim floating production and offloading vessel (FPSO) has been in dry dock for an upgrade at the Nigg fabrication yard in the Cromarty Firth, northeast Scotland. It is the first time the yard, operated by Global Energy Group…
Twenty years after it came online, the UK’s longest serving permanently-moored FPSO has been given a new lease on life. Elaine Maslin reports on the extent the UK’s largest offshore project in 2012. When production from the central North Sea Gryphon field came online in October 1993…
In June 2013, Malaysia's Yinson Holdings Berhad made a conditional offer to acquire Norway's Fred. Olsen Production ASA ('FOP') for NOK995.74 million (US$172.1 million), or NOK 9.40/share that was approved by the FOP board. On 4 July 2013…
Santos announced the acquisition of a 50% interest in the Northwest Natuna Production Sharing Contract (PSC) in the South China Sea offshore Indonesia from AWE Ltd. The NW Natuna PSC contains the undeveloped Ande Ande Lumut oil field, which…
Höegh LNG has signed a contract with an Asia based national oil company to conduct pre-front-end engineering design (FEED) engineering work for an offshore floating LNG facility (FLNG) with a two million-tonne per annum production capacity…
Norway’s Statoil has awarded Aker Solutions a NOK250 million contract to carry out an extended concept study for a floating production system for the Johan Castberg oilfield development in the Barents Sea. The Johan Castberg field, in PL 532…
Sulzer Pumps will supply 42 pumps for installation on two floating production storage and offloading (FPSO) vessels (P-66 and P-69) that will operate in the pre salt Iracema cluster areas located in the Santos Basin, off the coast of Rio de Janeiro…
Austrian energy group OMV is to buy Norwegian and UK North Sea assets from Norway’s Statoil in a US$2.65billion deal. The deal will see OMV acquire 19% interest in the producing Gullfaks field and 24% in the Gudrun field, both oil and gas fields offshore the Norwegian Continental Shelf…
Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million). The first is from SBM Offshore…
First oil on EnQuest’s Alma/Galia project is now scheduled for Q1 next year, weather permitting, due to an increase in the scope of work on the development's floating production unit. EnQuest said the increased work related to the refurbishment…
International Maritime Associates (IMA) and Energy Maritime Associates (EMA) have completed an in-depth analysis of the floating production sector. The inventory of floating production systems is now at 269 units – FPSOs account for 61% of the existing systems…
Tullow Ghana Ltd. awarded Modec subsidiary TEN Ghana MV25 B.V. contracts for the supply, charter and lease, operations and maintenance of a FPSO vessel for the Tweneboa, Enyenra, and Ntomme (TEN) fields in the Deepwater Tano contract area…
The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a $3 billion FPSO for Nigeria (a record price for an FPSO)…
Sophisticated monitoring systems on floating production systems can provide real time information for operational support and to improve performance, but a holistic approach is needed to be fully beneficial. Louise Ledgard, head of oil and gas business development…
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