Offshore Floating Production News - page 16

 

AG&P, ADNOC L&S to Convert LNG Carrier into FSU and Deploy it in India

Dec 21, 2022

Atlantic Gulf & Pacific International Holdings (AG&P) have signed a charter agreement to use ADNOC L&S 's LNG Carrier Gasha, as a Floating Storage Unit (FSU).The LNG carrier will be used at AG&P's LNG import terminal in India, which will be commissioned in the second half of 2024…

Short-term Charter Extension for Yinson's FPSO in Nigeria

Dec 21, 2022

Malaysia's FPSO leasing company Yinson has secured a one-month contract extension for its Adoon FPSO in Nigeria.The contract was signed with client Addax, a Sinopec subsidiary, on December 16, 2022 and will run until January 2023.The value of the contract extension is estimated to be $3…

Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants

Dec 20, 2022

Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027…

FSRU Exemplar Set to Arrive at Finland's Inkoo Port on Dec. 26

Dec 20, 2022

The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for…

Charges Laid Against Suncor over 2019 Terra Nova FPSO Injury Incident

Dec 19, 2022

Offshore oil and gas regulator Canada-Newfoundland and Labrador Offshore Petroleum Board has laid charges against oil company Suncor in relation to alleged offenses related to a December 29, 2019 worker injury onboard the Terra Nova FPSO.On Sunday evening…

N'GENIUS Says Its Steel to Transform Construction of Offshore, LNG Facilities

Dec 16, 2022

N'GENIUS claims its high-strength austenitic stainless steels will transform the design and construction of onshore and offshore oil, gas, and LNG facilities.'The global demand for LNG is projected to reach 700 million tonnes per year by 2040…

DNV Recertifies Petrojarl I FPSO, Enabling Two-year Charter Extension, Enauta Says

Dec 14, 2022

The Brazilian oil and gas company Enauta said Tuesday that classification society DNV had issued the recertification for the Petrojarl I FPSO, enabling a contract extension for the production unit.The Petrojarl I FPSO is an early production system used for production at Enauta's Atlanta field…

VTTI Plans New 5 bcm Floating LNG Platform in Netherlands by 2024

Dec 13, 2022

Dutch energy company VTTI said on Monday it plans to build a new floating liquefied natural gas (LNG) terminal in the Netherlands with capacity to import 5 billion cubic meters of gas annually. On Friday the Dutch government said it was in talks…

Italy's Snam to Select Offshore Site for New FSRU in Early 2023

Dec 12, 2022

Itay's Snam will choose the offshore site for its new floating storage and regasification unit (FSRU) in the next 100 days, Italy's special commissioner for the project said on Friday, with its initial location already facing a legal challenge…

Shell's 34,000t North Sea-bound Penguins FPSO Leaves Chinese Shipyard

Dec 09, 2022

Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: 'Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao…

Westwood: Record Levels of FPS Throughput Capacity to be Sanctioned in 2022

Dec 09, 2022

As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3…

Wah Seong Wins $127M FPSO Topside Module Order

Dec 09, 2022

Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…

Borders & Southern's Falkland Islands Offshore Licenses Extended

Dec 08, 2022

Oil and gas company Borders & Southern Petroleum said Thursday it had secured the extension of its Production Licences PL018, PL019, PL020, including the Darwin Discovery Area, offshore the Falkland Islands.The offshore licenses were due to expire on the December 31…

Maha Energy, DBO Sign Merger Term Sheet

Dec 05, 2022

Sweden-based Maha Energy has signed a binding term sheet regarding a business combination with DBO 2.0 S.A. (“DBO”) for a consideration of 36,775,410 new shares in Maha.According to Maha, DBO is a private upstream oil and gas company focusing on mature offshore fields in Brazil formed in 2017…

Yinson, Azule Energy in Angola FPSO Deal

Dec 05, 2022

Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy.Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision…

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