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Shell Makes FID for Deepwater Oil Project Off Nigeria
Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell, has made a final investment decision (FID) on Bonga North, a deepwater project off the coast of Nigeria. Bonga North will be a subsea tie-back to the Shell…
SLB OneSubsea to Deliver Production-Boosting Systems for Petrobras' Búzios Field
Global energy technology company SLB, through its OneSubsea joint venture, has secured a contract with Petrobras for the delivery of two subsea raw seawater injection (RWI) systems to increase production at the Búzios field, offshore Brazil.
SBM Considers Bidding for Petrobras’ Sergipe FPSO Units
Dutch firm SBM Offshore is considering bidding on a tender launched by Brazil's Petrobras to build up to two oil platforms for the state-run oil firm, SBM's president in Brazil, Jonas Lobo, told Reuters. The tender, to build up to two Floating Production Storage and Offloading (FPSO) vessels…
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Hanwha Ocean Gets Bureau Veritas Clearance for FPSO Design
Shipbuilder Hanwha Ocean has secured an Approval in Principle (AiP) from certification body Bureau Veritas for its standard Floating Production Storage and Offloading Unit (FPSO) design, which includes the latest developments in advanced digital solutions to support more energy efficient operations.
Equinor Delays Johan Castberg Field Start-Up to Early 2025
Equinor and its partners Vår Energi and Petoro have postponed the start-up of Johan Castberg field, located in the Norwegian part of the Barents Sea, to January or February 2025 from the initial plan to bring the field on stream by the end of 2024, citing bad weather as the reason for delay.
Petrobras Slashes Platform Decommissioning Budget
Brazil's state-run oil firm Petrobras PETR4.SA cut $1.1 billion in planned investments in decommissioning oil and gas platforms in its strategic plan for the 2025-2029 period, compared to what was earmarked in its 2024-2028 plan, the company told Reuters.
ABL Expands Its FPSO Expertise with Latest Acquisition
ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector. Proper Marine will be merged with ABL’s design and engineering arm Longitude.
Serica Energy Sees Another Production Setback with New FPSO Triton Outage
UK-based oil firm Serica Energy has suspended the production from its Triton floating production, storage, and offloading (FPSO) unit in the North Sea after identifying an issue with one of the compressors seals, prompting the company to further reduce its full-year production outlook.
Seatrium Dives Deeper into Cyber-Physical Modeling of FPSOs
Seatrium and the Technology Centre for Offshore & Marine, Singapore (TCOMS) have expanded the research agreement to explore cyber-physical modelling capabilities for predicting the behavior of floating production storage and offloading (FPSO) platforms in high sea states.
Serica Energy Lowers 2024 Production Outlook Due to Triton FPSO Outage
UK's Serica Energy said on Tuesday it expects full-year production to be lower than its previous forecast, following an outage at its Triton hub in the North Sea. Following the suspension of production at Triton on Oct. 26, there has been an…
SBM Offshore Secures $1.5B Financing for FPSO Jaguar
SBM Offshore has completed the $1.5 billion project financing of the Jaguar floating production, storage, and offloading (FPSO) unit, which will be deployed at ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana. The…
ONE Guyana FPSO to Depart for Yellowtail Field Early in 2025
Guyana's fourth oil floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter next year, the CEO of U.S. producer Hess, John Hess, said on Wednesday. The firm, which…
FPSO Petrojarl Enters Decom Phase as FPSO Atlanta Readies to Take Over
Brava Energia, a Brazilian oil and gas firm created by the merger of 3R Petroleum and Enauta, has ceased production from Petrojarl floating, production storage, and offloading (FPSO) unit, as the new FPSO Atlanta gets ready to take over at a field offshore Brazil.
LR and SHI Join Forces for Green Ammonia FPSO System
Lloyd’s Register (LR) has signed a memorandum of understanding (MoU) with Samsung Heavy Industries (SHI) for the joint development of a floating production, storage, and offloading (FPSO) system for green ammonia. The FPSO process has been widely used in the oil and gas industries…
Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit
Malaysian offshore energy facilities provider Bumi Armada said on Thursday that it was in talks with MISC to explore a merger with the maritime conglomerate's offshore unit. In a Bursa Malaysia filing, Bumi Armada said they had entered into…
SBM Offshore and Technip Energies to Build TotalEnergies’ GranMorgu FPSO
TotalEnergies has awarded a contract to SBM Offshore and Technip Energies to build and install a floating production, storage and offloading vessel (FPSO) for its GranMorgu field, offshore Suriname. The contract award follows completion of front-end engineering and design studies…
First Steel Cut for ExxonMobil’s Guyana Field-Bound FPSO Jaguar
SBM Offshore has held a steel strike ceremony for floating production, storage, and offloading (FPSO) Jaguar, marking a significant step forward in the development of ExxonMobil's Whiptail project, located in the Stabroek Block, offshore Guyana.
ExxonMobil Takes Ownership of FPSO Prosperity
ExxonMobil has assumed ownership of the Prosperity floating, production, storage and offloading (FPSO) unit from SBM Offshore, operating at Payara, Guyana’s third offshore oil development on the Stabroek Block. ExxonMobil, through its affiliate ExxonMobil Guyana…
Largest FPSO to Operate Offshore Brazil Arrives to Its Destination
The floating production, storage, and offloading (FPSO) unit Almirante Tamandaré, built by SBM Offshore, has arrived to Brazil ahead of installation at Petrobras’ Búzios field in the Santos Basin. The Almirante Tamandaré FPSO has been built with the capacity to produce 225…
Second Oil Train for Energean Power FPSO Completes Lift-Off (Video)
Oil and gas company Energean has lifted the second oil train for its floating production, storage, and offloading (FPSO) unit operating in the Mediterranean Sea, offshore Israel. The post-lift, installation and commissioning activities are expected to take up to six months to complete…
Triton FPSO Outage Prompts Serica Energy to Reduce Production Outlook
UK-based oil firm Serica Energy has slightly decreased its production forecast for 2024, following the outage at its Triton floating production, storage, and offloading (FPSO) unit in the North Sea. Serica Energy plc said the production via…