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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…
Floating Liquefaction and Regasification Report And Online Database
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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…
Chinese Firm Takes Minority Share from SBM Offshore in Mero Field FPSO
SBM Offshore has completed the divestment of a 13.5% ownership interest in FPSO Sepetiba, deployed at Petrobras’ Mero field offshore Brazil, to China Merchants Financial Leasing (Hong Kong) Holding Co (CMFL). SBM Offshore is operator of the…
Yinson Production Concludes Minority Stake Sale in FPSO Anna Nery
Yinson Production has completed the sale of minority stake in floating, production, storage and offloading (FPSO) unit Anna Nery, working for Petrobras offshore Brazil, to “K” Line for $49 million. Yinson Production sold its 11.8% stake in Yinson Boronia Consortium…
Maria Quitéria FPSO Starts Operating at Petrobras’ Jubarte Field Off Brazil
The floating production storage and offloading (FPSO) Maria Quitéria, built by Malaysian FPSO supplier Yinson, has started operating at Petrobras’ Jubarte field in Campos Basin offshore Brazil. The FPSO unit has the capacity to produce up to…
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 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 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…
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
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)
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.
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…
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.
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
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…