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Asian Energy Services to Operate and Maintain Svetah Venetia FPSO
India-based Asian Energy Services has recently secured a Letter of Award for the operations and maintenance works (O&M) of the Svetah Venetia FPSO unit. The UAE-based Svetah Energy Infrastructure awarded the contract. The FPSO will be deployed…
BW Offshore Wraps Sale of BW Opportunity FPSO
BW Offshore said Wednesday it had closed the transaction for the sale of the FPSO BW Opportunity for $125 million to an undisclosed third party. The Oslo-listed FPSO provider last Friday said it had agreed to sell the laid-up FPSO to an unnamed buyer.
Swan Energy's TOPL Awaits Lenders' Nod for FSRU Vessel Deal with BOTAS
BSE-listed Swan Energy, via its 51% subsidiary Triumph Offshore Private Limited (TOPL), said Friday it had executed a term sheet with Turkey's BOTAS to lease an FSRU vessel to the Turkish firm. The term sheet, signed on December 31, is for chartering…
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NH3 FPSO Concept: Floating 'Green' Ammonia Poduction gets DNV AIP
An industrial scale concept for a floating production unit to produce green ammonia has secured Approval in Principle (AiP) from DNV , and the project is now ready to start the Basic Design phase. The NH3 FPSO concept is being developed by…
BW Energy's Brazilian Oil Field Purchase Faces Delay Amidst Petrobras' Divestment Program Review
Oslo-listed oil and gas company BW Energy said its planned acquisitions of Petrobras' working interest in Golfinho and Camarupim deepwater oil fields, and the related FPSO from Saipem, were facing delays as a Brazilian ministry has ordered a review of Petrobras divestment program.
Greece's First FSRU Project Starts with Conversion at Keppel
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea , recently renamed Alexandroupoli. Following conversion…
Yinson Bags $5.3B Deal for its First FPSO Project in Angola
Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola. The contract, awarded by Eni Angola, is for the provision of the FPSO for the Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”).
Jadestone Energy Targets End of Month Production Restart for Montara Venture FPSO
Jadestone Energy, an Asia Pacific-focused oil and gas company, has taken a step toward restarting production from its Montara Project offshore Australia. The company shut down production from the Montara Venture FPSO last year, first, to allow…
Drydocks, Aker Solutions JV Pens Deal to Upgrade FPSO for Equinor's Rosebank Field
Dubai's shipbuilding and shiprepair company Drydocks World and Norwegian offshore engineering and construction firm Aker Solutions have established a joint venture to upgrade the Petrojarl Knarr FPSO for Equinor's Rosebank offshore oil and gas field in the UK…
Petrobras 'Pre-salt' Geologist Tapped to Head E&P
The new Chief Executive of Brazil's Petrobras , Jean Paul Prates, has picked geologist Mario Carminatti to head the oil company's exploration and production division, people with knowledge of the information said on Friday. As the company's chief geologist…
Yinson's FPSO Contract in Nigeria Ends after 16 Years as Client Opts to Buy the Floater
The Malaysian FPSO leasing company Yinson has completed the 16-year contract for FPSO Adoon in Nigeria as the client Addax decided to buy the FPSO. The contract for the FPSO which has been operating at Block OML 123 offshore Nigeria, had an original term of 8 years until 2014…
German Green Group Seeks to Cut Wilhelmshaven FSRU License by 10 Years
A German environmental group has lodged a complaint calling for the operating licence of a new floating liquefied natural gas (LNG) terminal at Wilhelmshaven to be shortened by a decade citing its discharging of chlorine and risks to Germany's climate targets.
Aker Solutions, Drydocks to Upgrade Petrojarl Knarr FPSO for Deployment at Equinor's Rosebank Field
Norway's Aker Solutions will upgrade Altera Infrastructure's Petrojarl Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor's Rosebank field development, offshore the UK. Petrojarl Knarr was built by Samsung…
FSRU Exemplar Arrives in Finland
Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal.
Short-term Charter Extension for Yinson's FPSO in Nigeria
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…
Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants
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.
Radix Creates Virtual FPSO Training Environment to Reduce Commissioning Phase Risks
Brazil-based Radix Software and Engineering said Monday it had created a virtual FPSO training environment for a major operator with the goal of reducing risk in the asset commissioning phase by training operators in process optimization and validation of operational manuals.
Yinson, Azule Energy in Angola FPSO Deal
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…
Construction of Shell's Penguins FPSO Completed in China
The construction of the Penguins FPSO for Shell's namesake field in the UK North Sea has reportedly been completed in China. CGTN, the China Global Television Network website, on Thursday, shared a video of the completed Penguins FPSO, and said the 118-meter-tall cylindrical FPSO…
AIP for C-Claw Fastener for Marine and Offshore
Bureau Veritas delivered an Approval in Principle to COLD PAD, an industrial start-up, for its C-Claw technology, a heavy-duty fastener for steel structures that is non-intrusive (no hole and no hot work is required). It was designed as an alternative…