SBM Offshore News

Cidade de Ilhabela marches on

Jan 14, 2014

Following its 10,625nm (19,678km) voyage from China, the FPSO Cidade de Ilhabela arrived at Brazil's Brasa yard on Jan. 12 ready for the next step in its journey: bare hull and topside integration. Conversion work was completed in China in October 2013…

Floating production to reach $130B

Feb 25, 2014

Energy Maritime Associates (EMA) predicts US$130 billion will be spent on floating production units by 2018. A report by the Society of Petroleum Engineers said that continued expansion in the use of subsea production technologies, coupled…

Voices OE February

Feb 01, 2014

Waves of progress. With several mega projects underway, OE asked: Can floating LNG be done economically on a smaller scale? The obvious answer is that we believe so, but it depends on the application. Wison Offshore & Marine sees smallerscale…

FPSO technology evolves

Dec 04, 2013

Ensuring the structural and marine integrity of floating production installations over their lifetime was the overall theme of a technical session at Offshore Europe in Aberdeen this fall. Meg Chesshyre reports. Floating production storage…

An overview of the FPS leasing market: Growth and changes

Jan 15, 2014

The leasing of floating production system (FPS) units is one of the main factors affecting the sector’s supply. Over time, confidence in the ability of leasing contractors to deliver and operate facilities cost-effectively has increased,…

Shell grabs Petrobras' BC-10 stake

Dec 30, 2013

Petrobras' partners in the BC-10 development, also known as Parque das Conchas, have finalized a buyout worth approximately US$1.6 billion for the Brazilian national's 35% interest in the project. Shell will pay $1 billion for its additional 23% interest…

BMT picked for Stones FPSO mooring system

Oct 25, 2013

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…

Keppel contracts for FPSO conversions

Sep 19, 2013

Keppel Shipyard Ltd (Keppel Shipyard) has secured two FPSO conversion contracts worth a combined value of S$190 million (US$154.54 million). The contracts are from SBM Offshore N.V. (SBM Offshore) and M3nergy Offshore Ltd. (M3nergy Offshore)…

Report shows NCS cost overruns

Oct 14, 2013

The Norwegian Petroleum Directorate (NPD) released a report appraising five field developments on the Norwegian Continental Shelf with investments exceeding NOK 10 billion (approximately US$1.7 billion).  The report examines five fields on the Norwegian Continental Shelf (NCS) – Skarv…

Cameron wins Lula FPSOs supply

Oct 01, 2013

Cameron was awarded the contract to supply SBM Offshore with gas processing packages for floating production, storage & offloading (FPSO) vessels to be used at the Lula field, located in Brazil’s offshore pre-salt area. The FPSOs, Cidade de Maricá and Cidade de Saquarema…

Shell's BC-10 phase 2 in production

Oct 02, 2013

Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…

Stones FPSO ordered

Sep 19, 2013

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…

SBM wins Shell FPSO contract for Stones

Jul 23, 2013

SBM Offshore was contracted by Shell to supply an FPSO for the Stones development project in the Gulf of Mexico. The contract, valued at about US $1 billion, includes an initial period of 10 years with future extension options up to 20 years…

Technip wins Stones work

Aug 23, 2013

Shell picked Technip to provide engineering, procurement, and installation services covering subsea infrastructure at the Stones field in the US Gulf of Mexico. The contract's scope includes installation of the subsea production system and Stones lateral gas pipeline…

Bowtech delivers chain stopper monitoring system for BP Quad 204

Jul 11, 2013

Bowtech Products Ltd, a global market leader in subsea vision systems, announced on 9 July 2013 that it delivered a £100,000 Chain Stopper Monitoring System to SBM Offshore, to monitor the chain stoppers during installation of the BP Quad 204 Turret Mooring System (TMS)…

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