Floating Liquefaction and Regasification Report And Online Database

  • Annual reports -- Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.
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WER: Near-term Outlook for Floating Production Systems 'Very Positive'

The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive.

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SBM Offshore to Deliver FPSO for Petrobras' Buzios Field

Dutch FPSO leasing specialist SBM Offshore has secured a firm deal with Petrobras to lease and operate a newbuild FPSO at its giant Buzios offshore oil field in Brazil. The firm contract, for the 26.25 years lease and operation of the FPSO to be named Almirante Tamandaré…

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"We'll vigorously defend," Keppel Says After FPSO Arbitration Request

Singapore-based Keppel Offshore and Marine subsidiaries have been slapped with a request for arbitration from an unnamed counterparty in relation to contracts for the delivery of Floating, Production, Storage, and Offloading (FPSO) vessels.

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Petrobras 2Q Oil Output Flat on Maintenance Stoppages, Divestments

Brazil's state-run oil company Petrobras on Thursday presented flat production numbers in the second quarter, as the ramp-up off some major platforms was largely offset by maintenance stoppages and divestments. In a securities filing, Petroleo Brasileiro SA…

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Svitzer Nets 10-Year Deal for Towing Services at Offshore LNG Terminal in the Philippines

Maersk's Svitzer, a maritime towage provider, has recently signed a 10-year deal with FGEN LNG, a First Gen subsidiary, for towage and other vessel support services required by FGEN LNG’s Offshore LNG Terminal in the Philippines. The LNG Terminal…

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Perenco, SNH to Increase Utilization of Golar's Hilli Episeyo FLNG

Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG. The Hilli Episeyo FLNG…

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Brazil: Enauta Brings Another Atlanta Field Well Back Online after Pump Failure

Brazilian oil company Enauta has brought online another oil well at its Atlanta field in the Santos Basin, offshore Brazil, following a recent pumping system failure, and is now producing from two wells connected to the Petrojarl I FPSO. As previously reported…

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Hudong-Zhonghua Delivers LNG FSRU to Dynagas

China's Hudong-Zhonghua Shipbuilding Group last week delivered its first 174,000 cubic-meter floating liquefied natural gas storage and regasification unit (LNG-FSRU). The 294 meters long LNG FSRU named Transgas Power was delivered to the Greek company Dynagas on Thursday, July 15.

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MODEC, Toyo in Talks Over FPSO Delivery Alliance

Japanese FPSO specialist MODEC is in talks with engineering group Toyo Engineering over a feasibility study of a potential alliance in the Engineering, Procurement, Construction and Installation (EPCI) business for FPSO vessels. Subject to the result of the discussion and feasibility study…

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Brazil: PetroRio Connects Polvo and Tubarao Martelo Fields. Eyes Significant OPEX Cut

Brazilian oil firm PetroRio said Wednesday it had completed the tieback between the Polvo and Tubarão Martelo offshore fields, a move that will slash its operational costs as there would no longer be a need for a chartered FPSO. According to PetroRio…

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Petrobras Sells Papa-Terra Field to 3R Offshore

Brazilian national oil company Petrobras has struck a deal with 3R Offshore to sell it its interests in the producing Papa-Terra, located in the Campos Basin, offshore Brazil, for up to $105.6 million in total. 3R Offshore, a company with a strategy to revitalize mature offshore fields…

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Oil Prices Rise Over 2% as US Inventories Decline

Oil prices rose for a second day on Friday as the market reacted to falling U.S. inventories. Signs of strong Asian demand from both China and India also strengthened the market. Brent crude oil futures were up $1.49, or 2%, at $75.60 a barrel by 1:12 p.m. ET (1712 GMT). U.S.

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Transborders' FLNG Solution Re-Awarded Major Project Status by Australian Gov't

Australia's Transborders Energy, a company working to develop an FLNG solution for marginal field developments, said Thursday that its FLNG Solution development had secured the Major Project Status (MPS) renewal from the Australian Commonwealth Government.

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Woodside Energy Wraps Purchase of Far's Stake in Sangomar Project Off Senegal

Australian oil and gas company Woodside Energy has completed the acquisition of the entire participating interest of oil company FAR in the offshore area in Senegal containing the Woodside-operated Sangomar development. The purchase price for Far's stake in the Rufisque Offshore…

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Enauta's Atlanta Field Output Hit by Pumping System Failure

Brazilian oil firm Enauta said Monday that production from its Atlanta field offshore Brazil was affected by a failure in the pumping system at two wells. The Atlanta Field is currently producing oil through one well only. "Two wells stopped production in the last few days.

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FPSO Demand Booming: 10 Units Expected to Be Ordered in 2022

More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders…

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Australian Gov't Invites Expressions of Interest for Timor Sea FPSO Decommissioning

The Australian government on July 1 released a Request for Expressions of Interest (REOI) for Phase 1 works related to decommissioning of the Northern Endeavour FPSO currently at Laminaria-Corallina oil fields in the Timor Sea. After the offshore fields' owner…

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OPEC+ Agrees New Oil Deal Without UAE Agreement, Source Says

OPEC+ agreed on Friday to add more oil to the market from August and extend the duration of their pact on their remaining production curbs for longer, even though the United Arab Emirates still opposed the extension, an OPEC+ source said. All OPEC+ deals require unanimous approval.

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Yinson, PTSC Add Another Year to PTSC Lam Son FPSO Contract

Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam's PTSC AP. The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

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Ertuğrul Gazi FSRU Delivered to Turkey's BOTAS

The Ertuğrul Gazi Floating Storage and Regasification Unit (FSRU) for was recently from South Korea to Turkey's BOTAŞ Petroleum Pipeline Corporation (BOTAS), the classification society ABS has informed. Built by Hyundai Heavy Industries in accordance…

Pemex Oil and Gas Pemex Oil and Gas Logo
Mexico's state oil company Pemex is engaged in the exploration, production, transportation, refining, storage and sale of hydrocarbons and derivatives. Its products include petrochemicals, natural gas, liquid gas, sulphur, gasoline, kerosene, and diesel. According to the company's statistical yearbook…
Murphy Oil Corporation Murphy Oil Corporation Logo
Murphy Oil Corporation is an independent exploration and production company with a strong portfolio of global offshore and onshore assets delivering oil-weighted growth. Murphy produces oil and/or natural gas in the United States, Canada, and Malaysia and conducts exploration activities worldwide.
Ithaca Energy Ithaca Energy Logo
Ithaca Energy Inc. is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries, the exploitation of its existing UK producing asset portfolio and a Norwegian exploration and appraisal business centred on…
PetroSA PetroSA Logo
PetroSA continues to play an instrumental role in the country?s transformation through a range of activities that span the petroleum chain. Starting with the exploration and production of oil and natural gas, we sell petrochemical products to South Africa?s major oil companies and export petrochemical…
Shell Shell  Logo
We are a global group of energy and petrochemicals companies with around 92,000 employees in more than 70 countries and territories. We use advanced technologies and take an innovative approach to help build a sustainable energy future.
Exxon Mobil Corporation Exxon Mobil Corporation Logo
ExxonMobil is the world?s largest publicly traded international oil and gas company. We hold an industry-leading inventory of global oil and gas resources. We are the world?s largest refiner and marketer of petroleum products, and our chemical company ranks among the world?s largest. We apply…
PetroVietnam Oil Corporation PetroVietnam Oil Corporation Logo
1. Establishment: PetroVietnam Oil Corporation (PV OIL) is a subsidiary of Vietnam National Oil and Gas Group (PetroVietnam), established pursuant to Decision No. 1250/QD-DKVN dated 6th June 2008 of the Board of Directors of PetroVietnam, consolidation of PetroVietnam Trading Company (Petechim)…
OMNI Oil & Gas OMNI Oil & Gas Logo
OMNI Oil & Gas is an oil exploration and production company focused on the Navarro and Taylor formations throughout central and south Texas. OMNI specializes in shallow well enhanced recovery operations through the implementation of pressure maintenance systems. A recognized leader in drilling…
Chevron Corporation Chevron Corporation Logo
Our company has a long, robust history, which began when a group of explorers and merchants established the Pacific Coast Oil Co. on Sept. 10, 1879. Since then, our company's name has changed more than once, but we've always retained our founders' spirit, grit, innovation and perseverance.
British Petroleum British Petroleum Logo
We provide customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving and petrochemical products used to make everyday items