Stories
Refine Search
-
Company
EXMAR Orders Second FLNG from Wison
EXMAR NV has placed an order for a second Floating LNG Liquefaction Unit (FLNG) at Wison Offshore & Marine. Under the agreement, Wison will be responsible for the turnkey engineering, procurement, construction, transportation, installation and commissioning (EPCIC) of the FLNG…
Oil's Impact: Transocean Feet Update
Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since November 18, 2014. The total value of new contracts since the November 18…
QGEP to Acquire FPSO from Teekay
Teekay Offshore Partners L.P. has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a floating production, storage and offloading (FPSO) unit for the Atlanta field located in the Santos Basin offshore Brazil.
FPSO Trio Receives Side Shell Protection
SPS Overlay has yet again been used for side impact protection on three FPSOs for a major player in the offshore industry. The work was carried out at Enseada do Paraguaçu S.A. Shipyards (EEP) in Brazil and COSCO (Dalian) Shipyard, China. These projects were undertaken during the course of 2014…
Golar LNG to Acquire Golar Eskimo
Golar LNG Limited announced today that it has entered into an agreement to sell its ownership interests in the companies that will own and operate the floating storage and regasification unit ("FSRU") Golar Eskimo ("Eskimo") to Golar LNG Partners L.P.
Eni Puts Saipem Stake Sale on Hold
Italian oil major Eni has put the sale of its stake in Saipem on hold after the cancellation of the lucrative South Stream gas pipeline project and plunging oil prices shaved off almost half the oil contractor's market value in two months. In July state-controlled Eni laid out plans to sell assets…
LM Handling Installs FPSO
LM Handling, an Acteon company, has provided handling expertise and equipment to support Acteon sister company, InterMoor, in the successful mooring installation of a floating production, storage and offloading (FPSO) unit for the China National…
Petrobras P-66 hull Ready For Integration
On Monday, December 8, Petrobras began transporting the hull of P-66, the first platform in a series of eight “replicant” FPSOs (floating production, storage and offloading units) being constructed to meet oil production demands in Brazil. This is the first FPSO hull completely built in the country.
Oil Continues Downward Spiral
The latest report from the U.S. Energy Information Administration presents several key findings, including: • North Sea Brent crude oil spot prices fell by more than 15% in November, declining from $85/barrel (bbl) on November 3 to $72/bbl on November 28.
Cameroon Oil Output up 15%
Oil production in Cameroon rose 15 percent year-on-year to 22.69 million barrels by the end of October, according to the state oil firm, but output may double within the next two years as new fields come on line. Cameroon became a modest oil producer in 1977…
Petrobas Adopts Reflex Marine’s Frog-6
Reflex Marine supplied two six-person FROGs to Brazil’s national operator Petrobras. The sale follows Reflex Marine’s certification by Brazil’s Directoria de Portos e Costas (DPC) and will aid Petrobras in improving the safety of offshore operations in the region.
Successful Completion of Cendor MOPU Move
Marine Contracting has announced the successful move of the Cendor Mobile Offshore Production Unit (MOPU) from the Cendor field, offshore Malaysia to Batam, Indonesia for upgrade work en route to its eventual destination in the Wassana field in the Gulf of Thailand.
InterMoor Completes Delta House Hook-Up
InterMoor, an Acteon company, has successfully installed and hooked up a permanent mooring system for the Delta House field floating production system (FPS) in the Gulf of Mexico. The mooring lines were deployed and installed on time and without incident, despite the challenging circumstances.
FPSO Cidade de Ilhabela Formally on Hire
SBM Offshore is pleased to announce FPSO Cidade de Ilhabela is formally on hire after achieving first oil and completing a 72 hour continuous production test leading to Production Acceptance Notice (PAN). The FPSO will operate under a twenty year charter and operate contract with Petrobras S.A.
Deepwater Semi-Sub COSL Prospector Delivered
COSLProspector, the fourth deep-water semi-submersible drilling rig built by CIMC Raffles for China Oilfield Services Limited (COSL), has been delivered in Yantai, Shandong Province. It represents another milestone for China’s deep-water drilling rig going into the global mainstream market.
HHI to Build FSRU for Höegh LNG
A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth in the series at HHI and the seventh in total owned by the Norwegian Company Höegh LNG.
Study: US Offshore Holds Huge Untapped Potential
New studies show huge economic and energy potential of untapped offshore areas Two new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added energy…
Aberdeen Meeting to Address North Sea O&G Industry Issues
Jee’s Technical Director, Mike Hawkins joins experts from Statoil, Shell UK Limited and Taqa Bratani Limited, who will lead discussions at the Subsea Integrity Conference (SSIC) North Sea in Aberdeen on December 2-3 and address asset integrity issues facing the North Sea oil and gas industry.
Transocean's Fleet Update Summary
T ransocean Ltd. issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since October 15, 2014. The total value of new contracts since the October 15…
Petrojarl Knarr FPSO Earns AoC from PSA Norway
Teekay’s Petrojarl Knarr FPSO has received PSA Norway’s Acknowledgement of Compliance (AoC), and has now arrived the Knarr field in the North Sea. The AoC is a statement from the PSA expressing the authorities’ confidence that petroleum activity…
Modules for Petrobras' FPSO delivered
The "Consórcio Tomé Ferrostaal" (CTF) named consortium of Rheinmetall International Engineering, a joint venture of Ferrostaal and Rheinmetall, and the Brazilian company Tomé Engenharia have handed over two modules for the first of a series…