TMC to Deliver Compressors for Woodside's Sangomar FPSO
Oslo-based offshore compressor firm TMC Compressors has won a contract to supply the marine compressed air system for Woodside's Sangomar FPSO, to be deployed offshore Senegal. TMC will deliver a large marine compressed air system to the FPSO…
Karoon Eyes Growth in Brazil with Own Oil Fields, Acquisitions
Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday.
SBM Offshore Completes $1.6B Project Financing for FPSO Sepetiba
Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history. FPSO Sepetiba, formerly known as Mero 2…
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SBM Offshore's Liza Unity FPSO Receives ABS SUSTAIN-1 Notation
SBM Offshore's Liza Unity FPSO, which last week set sail from Singapore en route to Guyana, has been awarded the SUSTAIN-1 notation by classification society ABS – the first FPSO in the world to receive it. According to ABS, the SUSTAIN-1 notation…
BW Offshore In Barossa FPSO Equity JV Partnership
FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia. Earlier this year Santos and BW Offshore…
Sembcorp Marine Wins Dorado FPSO FEED Deal with Altera
Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia. Dorado.
VIDEO: Guyana's Second FPSO Sets Sail from Singapore
Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana. Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…
FPSO Firm BW Offshore Bids to Build Offshore Wind Farms in UK
BW Offshore, an Oslo-listed firm best know for its FPSO leasing business in the oil and gas sector, said Wednesday it had, together with U.S. renewable energy and utility company Invenergy, submitted bids to develop up to 5.4 gigawatts of offshore…
Enauta's Atlanta Field Suffers Another Pumping System Setback
Brazilian oil firm Enauta is again experiencing problems with the pump system at its Atlanta field offshore Brazil, with output from one well now interrupted. Enauta said that the output interruption occurred on Sunday, September 5. "At this moment…
Petrobras Exits Lapa Offshore Oil Field
Brazilian oil company Petrobras has sold its remaining stake in the Lapa offshore oil field in Brazil's Santos Basin to the French oil firm TotalEnergies. The Brazilian national oil company said Wednesday said that the deal was concluded with the payment of $49.4 million to Petrobras.
BW Offshore Secures $1.15 B Loan for Barossa FPSO Construction
FPSO supplier BW Offshore has secured a $1.15 billion loan for the construction and operation of the FPSO for Australia-based Santos' Barossa offshore gas field. Earlier this year Santos and BW Offshore signed a contract for the delivery of an FPSO for the Barossa gas field…
Excelerate, Petrobras Reach Deal on Bahia Terminal FSRU
Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal. Excelerate will deploy one of its…
Near-term Outlook for Deepwater Floating Production Systems is Excellent
Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report. Asked what is driving the positive sentiment…
Brazil's Enauta in Exclusive Talks with Yinson for "New" Atlanta Field FPSO
Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the "Definitive System" of the Atlanta field in the Santos Basin, offshore Brazil.
Gabon: VAALCO to Replace Etame Field FPSO with FSO to Lower Cost
Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon.
Enauta: Atlanta Field Resumes Full Production as Repairs Complete. New Well Planned for 2022
Brazilian oil firm Enauta said Wednesday that its Atlanta field in the Santos Basin, offshore Brazil, had resumed full production following a recent pumping system failure. Enauta said Wednesday that all the wells tied to the early production…
Brazil: Petrobras Starts Production from FPSO Carioca in Sepia Field
Brazilian oil firm Petrobras said Monday it had started producing oil and gas from the FPSO Carioca, the first FPSO in the Sépia field, located in the Santos Basin pre-salt, offshore Brazil. The Carioca FPSO is located around 200 km off the coast of the state of Rio de Janeiro…
ABS to Class FPSO Pair Being Built for Petrobras Buzios Field
The American Bureau of Shipping said Thursday that an FPSO duo being built for Brazil's Petrobras would be constructed to ABS Class. The sister FPSOs are currently named P-78 and P-79 and will be deployed at the giant Buzios pre-salt offshore oil field in Brazil's Santos Basin.
Guyana, Suriname Eye Further Frilling from Oil Majors After Discoveries
Guyana and Suriname expect continued exploratory drilling over the next two years by oil majors in their joint offshore basin after a string of recent discoveries, government officials and corporate executives said at a conference on Wednesday.
Cenertech's New FPSO to be Built to ABS Class
ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class. The 100,000 DWT FPSO is the center of a development…
Guyana Vows to Develop Its Oil in an Environmentally Safe Manner
Guyana will develop its massive oil and gas discoveries with full environmental protections, a top official told a U.S. energy conference on Tuesday, pushing back against calls for energy providers to halt new exploration. The tiny South American…