Fpf News

Ship shape

Apr 01, 2017

Polymer steel composite repairs are becoming a popular solution for worn out plates in the growing floating production vessel fleet. Elaine Maslin reports. The FPF3 on station. Images from Intelligent Engineering…

First oil achieved at Stella

Feb 17, 2017

First oil has been achieved at the Stella floating production project in the UK North Sea. The Greater Stella Development had been planned to come onstream, using the upgraded FPF-1 semisubmersible production unit in 2014, but has faced repeated setbacks…

Israel's Delek in Ithaca takeover bid

Feb 06, 2017

Israel's Delek Group has made a US$524 million offer for UK independent explorer and producer Ithaca Energy. The offer, a 12% premium on Ithaca's last closing price on the Toronto Stock Exchange, would see Delek take over Ithaca's UK North Sea portfolio…

Ithaca in further Stella delay

Jan 12, 2017

Ithaca Energy is further delaying its Stella field offshore the UK to February 2017 due to an electrical inspection program on the FPF-1 floating production facility. First oil was anticipated at the end of November 2016, and was pushed back to January 2017…

Ithaca: Stella will be step-change

Nov 14, 2016

Start up on the Stella field will mark a step-change in operator Ithaca Energy's business, the firm said this morning.  First oil on the field, due at the end of this month, will see the firm's production more than double to 20-25,000 boe/d and unit operating costs drop to under US$20/boe…

SPS repair on floating producer in field

Nov 30, 2016

Work to repair five separate areas on board floating production unit FPF-003, operated by Petrofac South East Asia Pte, using SPS has been completed on-station in the Mubdala, Jasmine oil field, off the coast of Thailand.     The repair work on this ABS classed vessel…

Stella set back

Nov 25, 2016

Start up on Ithaca Energy's Stella field has been set back after electrical faults were found on the floating production unit.  First oil via the FPF-1 floating production facility had been due at the end of this month, but is now expected early January…

Greater Stella remains on track

Oct 06, 2016

Ithaca Energy is edging closing towards first oil from the Greater Stella Area Development in the UK North Sea.  First oil, from the FPF-1 floating production unit, is scheduled for next month, as planned.  The unit set sail from Poland in August and was safely towed to location…

Mubadala, Petrofac sign Jasmine O&M contract

Oct 31, 2016

Mubadala Petroleum has reached agreement with Petrofac for the modification and extension of contracts related to the FPF-003 floating production, storage and offloading vessel (FPSO), which continued extension of the Jasmine development’s field life…

Ithaca's FPF-1 on location

Aug 30, 2016

Ithaca Energy’s FPF-1 floating production facility (FPU) is now on location on the Stella field in the UK North Sea, according to partner Petrofac. Illustration of the Greater Stella Area, from Ithaca…

Ithaca's Stella set for November

Aug 15, 2016

Ithaca Energy is eyeing November as its start-up date for first hydrocarbons at the Stella field, as the company reduced its net debt to US$606 million in 1H 2016. The FPF-1 departing Remontowa yard…

FPF-1 sets sail for Greater Stella

Aug 05, 2016

Ithaca Energy's floating production unit, the FPF-1, has set sail for the Stella field in the North Sea after completing final marine systems trials.  First oil from the Greater Stella Area development is expected in about three months later…

FPF-1 sets sail from Gdansk yard

Jul 22, 2016

Ithaca Energy's floating production unit, the FPF-1, has set sail from the Remontowa shipyard in Gdansk after completing a required inclination test. The vessel has been moved to a deepwater location offshore Gdansk to undertake final marine system trials over the course of next week…

FPF-1 bound for Stella in two weeks

Jul 11, 2016

Ithaca Energy's FPF-1 floating production facility is set to leave its yard in about two weeks and start first oil from the Greater Stella area in about three months from then.  UK-based independent Ithaca said modifications on the unit in the Remontowa Yard in Gdansk…

Ithaca adds to GSA area assets

Aug 02, 2016

UK-based independent Ithaca Energy has expanded its holdings in the Greater Stella Area (GSA) through four agreements, which increases its stake in the Vorlich discovery and gives it an operated interest in the Austen discovery. Through agreements with ENGIE E&P…

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