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Tanker Vessels Flock to Guyana as Oil Exports Soar 58%

“Year-to-date, Guyana’s oil exports have jumped to 598 thousand barrels per day (kbpd), a 58% year-on-year increase, adding to the growth achieved in previous years. Over the past three years, the average annual growth rate has hit 76%,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.

ABS Gives Blessing to SHI’s Ammonia FPSO Design.jpg

ABS Gives Its Blessing to SHI’s Ammonia FPSO Design

American Bureau of Shipping (ABS) has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its new design of an ammonia floating production storage and offloading (FPSO) unit. Called Samsung Ammonia Blue, the concept features…

TotalEnergies Makes FID for GranMorgu Development Offshore Suriname.jpeg

TotalEnergies Greenlights $10.5B GranMorgu Oil Development Offshore Suriname

TotalEnergies has made the final investment decision (FID) for the GranMorgu development in Block 58 offshore Suriname, which includes Sapakara and Krabdagu oil discoveries. The GranMorgu project will develop the Sapakara and Krabdagu oil discoveries…

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Suncor Pleads Guilty to Charges for 2019 Terra Nova FPSO Injury Incident.jpg

Suncor Pleads Guilty to Charges for 2019 Terra Nova FPSO Injury Incident

Canada’s oil and gas producer Suncor Energy has pleaded guilty to the charges from the incident that took place in 2019, when a worker was injured following a fall from a ladder while conducting gas testing onboard the Terra Nova FPSO, in the Canada-Newfoundland and Labrador Offshore Area.

McDermott, BW Offshore Team Up for Blue Ammonia Production on FPSOs.jpeg

McDermott, BW Offshore Team Up for Blue Ammonia Production on FPSOs

McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility. The strategic partnership…

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video).jpg

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

Dutch FPSO leasing specialist SBM Offshore has completed the final module lifts at Seatrium’s shipyard in Singapore for a floating production, storage, and offloading (FPSO) unit ONE Guyana, which is scheduled for departure to ExxonMobil’s Yellowtail field offshore Guyana in early 2025.

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Johan Castberg FPSO Anchors at Barents Sea Field

Equinor, the operator of the Johan Castberg field, has anchored the floating production, storage and offloading vessel (FPSO) unit at the field in in the Barents Sea, which is expected to start producing at the end of 2024. The hook-up of the FPSO to the subsea facilities…

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Brazil Authorities Issue Operating License for Atlanta FPSO

Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has secured operating license for a floating, production storage, and offloading (FPSO) unit Atlanta, ahead of production of first oil through the new platform from the Atlanta field offshore Brazil.

Seatirum Hires KBR on Topsides Job for FPSOs Set for Work at Petrobras Brazil Fields.jpg

Seatrium Hires KBR on Topsides Job for FPSOs Bound for Petrobras Brazil Fields

U.S.-based engineering and construction giant KBR has been hired by Seatrium to develop topsides facilities for two floating production storage and offloading (FPSO) units, being designed for Petrobras’ Atapu and Sepia fields in the Santos Basin, offshore Brazil.

SBM Offshore and MISC Berhad Ink Share Purchase Deals for Two FPSOs.jpg

SBM Offshore and MISC Berhad Ink Share Purchase Deals for Two FPSOs

SBM Offshore has signed two share purchase agreements with its partner MISC Berhad related to two floating production storage and offloading (FPSO) units. Under the agreement, SBM Offshore will acquire MISC Berhad’s entire effective equity interest…

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MOL Increases Stake in MODEC

Mitsui O.S.K. Lines, Ltd. completed the purchase on the market of 89,500 shares of common stock of MODEC, Inc. and along with the 10,162,300 shares already acquired in June 2023, MOL now holds a 15% stake in MODEC and will make it an equity-method affiliate.

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GOM Floating Production Vessel gets Award-Winning Mooring Tech

Bardex  completed its phase of floating production system (FPS) for the Shenandoah project: delivering its Off Vessel Tensioning (OVT) BarLatch mooring system . When installed, the FPS will be located in the deepwater Gulf of Mexico at more than 1800 m water depth.

BP and Golar LNG Settle Cash Disputes for FLNG Gimi.jpg

BP and Golar LNG Settle Cash Disputes for FLNG Gimi

BP and Golar LNG have reached a commercial reset agreement for the floating liquefied natural gas (FLNG) vessel Gimi, a core component of BP’s the Greater Tortue Ahmeyim (GTA) LNG project, offshore Mauritania and Senegal. The Gimi FLNG vessel art of the GTA Phase 1 development…

Giant FPSO Almirante Tamandaré Sets Sail for Petrobras’ Brazil Field (Video).jpeg

Giant FPSO Almirante Tamandaré Sets Sail for Petrobras’ Brazil Field (Video)

The floating production, storage, and offloading (FPSO) Almirante Tamandaré, which is set to be the largest to ever operate in Brazilian waters, has started its journey from China to serve Petrobras in the Santos Basin. The FPSO started its…

All Subsea Systems for FPSO Atlanta Done with First Oil Expected in August.jpg

All Subsea Systems for FPSO Atlanta Done with First Oil Expected in August

Oil and gas company Enauta has completed all subsea system and lines connections with the floating production storage and offloading (FPSO) Atlanta, ahead of first oil production expected in August. Ongoing activities currently include mandatory adaptations by regulatory agencies…

Enauta Resumes Production at Atlanta Field Offshore Brazil.jpg

Enauta Resumes Production at Atlanta Field Offshore Brazil

Brazilian oil and gas company Enauta has resumed production from the floating production, storage, and offloading (FPSO) vessel operating at Atlanta field, offshore Brazil. Atlanta Field’s production resumed on July 26, and the maintenance period…

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SBM Offshore Holds Naming Ceremony for FPSO Lined Up for Work Offshore Brazil

Dutch FPSO leasing specialist SBM Offshore has held a naming ceremony for a floating production, storage, and offloading (FPSO) unit, which will be deployed at a field offshore Brazil for oil and gas company Petrobras. The FPSO Almirante Tamandaré…

Refurbished FPSO and FSO Set to Sail to Eni’s Baleine Fild.jpeg

Refurbished FPSO and FSO Set to Sail to Eni’s Baleine Fild

The floating production storage and offloading (FPSO) unit Petrojarl Kong and floating storage and offloading vessel (FSO) Yamoussoukro have entered their final stages of upgrading and conversion prior to their mobilization to Côte d’Ivoire for Eni’s Baleine Phase 2 project.

Energean Makes FID for Katlan Development in Mediterranean Sea.jpeg

Energean Makes FID for Katlan Development in Mediterranean Sea

Oil and gas company Energean has taken final investment decision (FID) for the Katlan development project in Israel, outlining the plan for the first gas in the first half of 2027. The Katlan area will be developed in a phased approach through a subsea tieback to the existing Energean Power FPSO.

TechnipFMC Secures Subsea Job for Energean’s Development in the Mediterranean.jpeg

TechnipFMC Secures Subsea Job for Energean’s Development in the Mediterranean

TechnipFMC has secured a ‘large’ integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by oil and gas company Energean for its Katlan development in the Mediterranean Sea. This is Energean’s first project to use…

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