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MOL, Gas Sayago to Continue Uruguay FSRU Project
Mitsui O.S.K. Lines, Ltd. today announced that the company has reached a basic agreement with Gas Sayago, a joint venture between Uruguay’s state oil company ANCAP and state power company UTE, to continue the floating storage and regasification unit (FSRU) project led by Gas Sayago.
GTT Receives 3rd FSRU Order of 2015
GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has won a new order for a floating storage and regasification unit (FSRU) from the Korean shipbuilder Samsung Heavy Industries.
U.S. Rig Count for Fourth Week in a Row
U.S. energy firms cut oil rigs for a fourth week in a row this week, data showed on Friday, a sign the continued weak prices were causing energy firms to reduce drilling plans. Drillers removed four oil rigs in the week ended Sept. 25, bringing the total rig count down to 640…
Transocean Provides Brazil Information
A statement by Mr. Eduardo Costa Van Musa relating to the drilling contract for the Petrobras 10000 was made public this week through the Brazilian authorities investigating corrupt practices relating to Petrobras. In his statement, Mr. Musa…
Wood Group Wins Peregrino OMM Contract
On behalf of the Peregrino licence partners, Statoil is awarding a contract to Wood Group to provide four-year operations and maintenance for two wellhead platforms (Alpha and Bravo) and modification services for both units and the FPSO Peregrino.
FLNG Birth of a Market
FLNG deal-making has been sporadic since Woodside Petroleum at the end of 2013 delayed a final investment decision for the giant Browse FLNG project off Northwest Australia. The previous year had seen go-aheads for most of the floating liquefied natural gas projects (FLNG) underway today…
FPSO: Guide to Life Extension
There are new-builds, and there are conversions. In lean times, there’s also “life-extension” for FPSOs increasingly seen as the best hope of developing oilfields too pricy as platform projects. Life extension is about making first-time money…
Flexibility Key to MES’ New FPSO Hull Platform
Japanese shipbuilder Mitsui Engineering & Shipbuilding Co., Ltd. (MES) announced it has developed a next generation hull platform for floating production, storage and offloading system (FPSO) that aims to offer improved flexibility between projects.
Massive FPSO Modules Installed at Brasa Shipyard
Mammoet and SBM Offshore complete FPSO module installation at the Brasa Shipyard in Brazil; module integration process optimized on small quayside for the FPSO Cidade de Maricá Mammoet, a service provider specializing in engineered heavy lifting and transport…
Maersk Oil Orders FSO from MODEC
MODEC awarded contract to provide FSO for Maersk Oil's Culzean Field Maersk Oil North Sea UK limited has contracted MODEC, Inc. to supply a floating storage and offloading (FSO) vessel for the Culzean development project in the U.K. Central North Sea.
Oil is Down, Not Out: BOEM Proposes 40-Million-Acre GOM Lease Sale
Despite the continued depressed price of oil and gas, the U.S. Bureau of Ocean Energy Management (BOEM) via Director Abigail Ross Hopper announced that BOEM will offer 40 million acres offshore Louisiana, Mississippi, and Alabama for oil and…
Safeguarding Against Safety Concern on FLNG Installations
Press release - Accidental release of cryogenic liquids such as liquefied natural gas (LNG) poses a significant risk to personnel and assets on oil and gas installations. In addressing these risks, Lloyd’s Register Energy has developed a guidance…
Subsea Network Helps Total Save Time at Egina
French oil major Total, operator for the Egina oil field offshore Nigeria, together with its construction and survey partners, has installed a Fusion 6G subsea positioning network to support its development of the $15 billion project. Supplied by Sonardyne International Ltd…
MODEC FPSO Achieves First off Brazil
MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract.
HHI Orders Regasification Systems from Wärtsilä
South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG,…
Floating Production What's New in August
August 2015 Monthly Floating Production Systems Report The August WER report has just been issued. It provides known details for two FPSO tenders about to be released by Petrobras, describes the FSRU contract awarded to BW Group in August, assesses…
Survey Underway for Morecambe Bay LNG Project
Seabed survey company Bibby HydroMap have begun survey operations on the proposed LNG project off Morecambe Bay. The work program comprises geophysical, geotechnical and environmental surveying of the proposed pipeline route to shore and will be undertaken using a multi-vessel approach.
GAC Handles First FSRU at Aqaba
As Jordan steps up its LNG imports, GAC was entrusted with handling the first gas carriers to offload at Aqaba. The country has signed a sales and purchase agreement with Shell for the delivery of nearly 17 million cubic meters per day of gas…
Petrobras Faces $1.6 Billion in Graft Penalties
U.S. graft probes may cost Petrobras record $1.6 billion or more - source Brazil's Petrobras may need to pay record penalties of $1.6 billion or more to settle U.S. criminal and civil probes into its role in a corruption scandal, a person recently…
Former Petrobras Exec Sentenced for Samsung Drillship Bribe
A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress.
First Subsea Completes Work on Goliat FPSO
Subsea connector specialist First Subsea informs it has completed the installation of bend stiffener connections for gas lift and production risers, power cables and umbilicals, for the Goliat FPSO in the Norwegian Barents Sea. Operated by ENI Norge AS…