Floating Production Intelligence

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Höegh Gallant Starts Operations in Egypt

April 30, 2015

The Floating Storage and Regas Unit (FSRU) Höegh Gallant of Höegh LNG Holdings Ltd. has successfully completed all performance and commissioning tests on 29 April 2015, and has commenced commercial operations under its five years FSRU contract with Egas in Egypt. Sveinung J.S.

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Eni Starts Production from Cinguvu Field, offshore Angola

April 30, 2015

Eni reached a further milestone in the West Hub Development Project with the production start-up of Cinguvu field, located 5 kilometers from N’Goma FPSO Eni started production two weeks ahead of schedule at the Cinguvu oil field, from the West…

Meridian Project Getting Hoegh FSRU, Vessels

April 24, 2015

Norwegian natural gas shipping firm Hoegh LNG plans to deliver a floating storage and regasification unit (FSRU) to Meridian LNG's planned British import terminal, Hoegh CEO Sveinung Stoehle told Reuters on Friday. E.ON Global Commodities, the trading arm of German utility E.ON…

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XPD8 Wins Contract with Tullow Oil in Ghana

April 22, 2015

Asset integrity management specialist, XPD8 Solutions, has secured a $564,000 contract for work in West Africa with Tullow Oil. Over six-months, the Aberdeen-headquartered firm will migrate Tullow Oil’s existing computerised maintenance management system (CMMS) to the Maximo software package.

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Petrojarl I Drydocked for EPC Redeployment Upgrade

April 21, 2015

FPSO upgrade marks major step for Damen Shiprepair & Conversion as a full service conversion group   After four months of preliminary work alongside, FPSO Petrojarl I moved on April 16, 2015 into Damen Shiprepair Rotterdam’s 307m long x 47 m wide dry dock no 8 for work to the hull.

Bumi Armada Wins $300m FSU Contract in Malta

April 14, 2015

Malaysian oil field services firm Bumi Armada Bhd has won contracts worth $300 million to provide a floating storage unit in Delimara, Malta, to ElectroGas Malta Limited, it said on Tuesday. The contracts are for a period of 18 years and 2 months from 2016…

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Technip Wins Subsea Contract on Triton FPSO

April 14, 2015

Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen, at a water depth of approximately 90 meters.

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FPSO Charter Bussiness for Offshore Brazil Oil Fields

April 14, 2015

MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil Fields Offshore Brazil MODEC, Inc., Mitsui & Co., Ltd. Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed that Mitsui…

DNV Awarded MWS Contract for Kaombo Project

April 9, 2015

Total E & P Angola has awarded the Marine Warranty Services (MWS) contract for their flagship Kaombo project. Angola is a country of strategic importance for Total and Kaombo will secure the sustainable growth of Total E & P Angola’s offshore resources.

Gulf Keystone Reports Steep 2014 Loss

April 9, 2015

Iraqi Kurdistan-focused oil producer Gulf Keystone Petroleum has reported a $248.2 million loss after tax for 2014 as the company said it was still owed around $100 million for crude oil it has sold. The company, which is continuing discussions…

LNG Import Terminal Opens in Pakistan

April 6, 2015

Engro Corporation, Excelerate Energy commission Port Qasim LNG Terminal    On March 28, 2015, officials from Engro Corporation, Excelerate Energy and the Government of Pakistan were present for the inauguration of Pakistan's first LNG import terminal in Port Qasim.

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HHI Orders Refrigeration, Cold Stores for FPSO

April 6, 2015

Goliat, the first cylindrical floating production, storage and offloading (FPSO) vessel on the Norwegian Continental Shelf built for Eni Norge and partner Statoil at Hyundai Heavy Industries (HHI), will feature ALMACO’s cold stores and refrigeration machinery.

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InterMoor Completes Angolan Offshore Contract

April 2, 2015

InterMoor, an Acteon company, has successfully completed offshore operations for the disconnection and laydown of risers and mooring lines on a major floating production, storage and offloading (FPSO) facility offshore Angola. InterMoor won…

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InterMoor Completes Angolan Offshore Contract

April 2, 2015

InterMoor, an Acteon company, has successfully completed offshore operations for the disconnection and laydown of risers and mooring lines on a major floating production, storage and offloading (FPSO) facility offshore Angola. InterMoor won…

Offshore Oil: 2H Offshore Wins Johan Sverdrup Field Deal

March 30, 2015

2H Offshore won a contract by Statoil for tieback conductor, platform conductor and surface riser engineering analysis on the Johan Sverdrup field in the Norwegian sector of the North Sea. 2H had already conducted engineering studies for Statoil…

Advanced Drillships a Burden for Owners as Business Slows

March 27, 2015

Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Now, with oil prices down by half since June, many have…

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Fire Aboard Teekay-owned FPSO Petrojarl Knarr

March 24, 2015

A fire started aboard the Teekay-owned FPSO Petrojarl Knarr this morning. The fire was the second aboard the FPSO unit, which was built in 2014, during its young life at sea. The blaze occurred just a week after the Petrojarl Knarr produced its first oil from the Knarr field in the North Sea.

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Record Rig Berthing at Drydocks World

March 19, 2015

Drydocks World, the international service provider to the shipping, offshore, oil, gas and energy sectors, have simultaneously berthed 11 rigs in the Dubai yard, breaking its record of nine rigs at the yard set in February this year. Clients contributing to the record include Saipem…

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BG Group Produces First Oil from Knarr Field

March 18, 2015

BG Group announced the Petrojarl Knarr floating production, storage and offloading (FPSO) vessel had started production from the Knarr oil field in the North Sea, offshore Norway. The FPSO has been leased from Teekay Corporation and is moored approximately 120 kilometers off the Norwegian coast.

BG Group Produces First Oil from Knarr field, Norway

March 18, 2015

BG Group today announced the Petrojarl Knarr floating production, storage and offloading (FPSO) vessel had started production from the Knarr oil field in the North Sea, offshore Norway. The FPSO has been leased from Teekay Corporation (NYSE…

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US to Hold Offshore O&G Lease Sale

March 17, 2015

U.S. Secretary of the Interior Sally Jewell will travel to New Orleans on Wednesday, March 18, 2015 to attend and open bids at an oil and gas lease sale offering 41.2 million acres for exploration and development in the Central Planning Area offshore Louisiana, Mississippi and Alabama.

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