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World's Largest FSRU Named as MOL FSRU Challenger
Mitsui O.S.K. Lines (MOL) has announced that a naming ceremony for the MOL FSRU Challenger was held at the Okpo shipyard of Daewoo Shipbuilding & Marine Engineering Co., Ltd.in Korea on September 28.This is the first FSRU for MOL to independently build, own and operate.
New Offshore Oil Investments Needed to Avoid Shortages -Hess
Higher investments in offshore oil production are critical to avoiding a supply squeeze by 2020, as expanding shale output will not match projected demand increases in the next few years, U.S. oil producer Hess Corp said on Thursday. The past…
Exxon's Big Bet on Brazil Oil Could Signal Major Pre-salt Role
Exxon Mobil Corp's big bet on Brazil's offshore Campos basin shows its willingness to pay up to replenish its reserves and may pave the way for hefty bids in October auctions in the country's rich pre-salt areas, analysts said. Marking a return to Brazilian exploration after a five-year absence…
FueLNG Completes First Commercial LNG Bunkering in Singapore
FueLNG, a joint venture between Keppel and Shell Eastern Petroleum (Pte) Ltd (Shell), has achieved the first commercial Liquefied Natural Gas (LNG) bunker transfer in Singapore by completing truck-to-ship bunkering for the Floating Liquefaction (FLNG) vessel, Hilli Episeyo.
Total, Chevron Team up in Gulf of Mexico Oil Exploration
Total announced that its subsidiary, TOTAL E&P USA, INC., has entered into an agreement to capture seven prospects operated by CHEVRON U.S.A. INC. in the deepwater Gulf of Mexico. The agreement covers 16 blocks. The associated prospects are…
Transocean Retires Six Floaters
Transocean announced its intent to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean Marianas. The rigs will be classified as held for…
ROG Ship Repair Completes FPSO Moonpool Project
Holland’s ROG Ship Repair said it has come to the aid of a Floating Production & Storage Offshore (FPSO) vessel ran into problematic weather conditions while being towed from Europe to the Middle East. Having recently been assigned a new contract…
BP Restores Power at Thunder Horse Platform after Outage
BP restored power at its Thunder Horse platform in the U.S. Gulf of Mexico, according to a statement to Reuters Wednesday. The platform lost power due to an electrical outage Monday. BP said it was redeploying staff to the platform, which has the capacity to produce up to 265…
Mitsui OSK Targets 26% Stake in Swan's Indian LNG Unit
Japan's leading shipper Mitsui OSK Lines aims to buy at least a 26 percent stake in a floating storage regassification unit (FSRU) in India, a company official said, to boost its exposure in the west coast project of Swan Energy. Swan Energy…
GTT to Design LNG Tanks for FSRU Newbuild
GTT said it has received an order from the South Korean Shipyard Hyundai Heavy Industries concerning a new Floating Storage and Regasification Unit (FSRU) which has been contracted by Triumph Offshore, a subsidiary of the Indian ship-owner Swan Energy.
Ichthys Explorer Moored off Western Australia
The world’s largest semi-submersible platform, the Ichthys Explorer, has been safely moored in the Ichthys Field, 220 kilometers off the north coast of Western Australia, where it will be located for 40 years, as part of the INPEX-operated Ichthys LNG Project.
Xodus Wins Two ESIA Contracts in Senegal
Xodus Group sai dit has been awarded two Environmental and Social Impact Assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa. Xodus’ environmental…
Brazil: 17 Firms Registered to Bid for Pre-salt Oil Exploration
A total of 17 companies have registered to take part in two rounds of bidding for licenses to explore pre-salt oil areas in Brazil, Oil and Gas Secretary Marcio Felix said on Thursday. The auctions next month include some of the most promising oil blocks in the world.
Seadrill Files Chapter 11 Bankruptcy Protection
Seadrill Limited, one of the world’s largest offshore drilling companies, has filed for Chapter 11 bankruptcy protection at the Southern District Texas court, Reuters reported. The indebted oil rig firm controlled by Norwegian billionaire John…
Shell to Invest $2 Bln per Year in Brazil through 2020
The Brazilian unit of Royal Dutch Shell PLC will invest $2 billion per year in the country through 2020, Flávio Rodrigues, director of government relations and regulatory affairs, said at an industry event on Thursday. (Reporting by Alex Alper; Writing by Ana Mano)
ABS Awards AIP for HHI FLNG Hull Design
ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. ABS and HHI collaborated with the objective of developing a technically feasible and class compliant FLNG hull design…
DESMI Ocean Guard A/S Launches New BWMS
DESMI Ocean Guard A/S launched a new Ballast Water Management System – CompactClean. According to the manufacturer, the name reflects that this system sets a new standard for how small the footprint of a BWMS can get. At the same time, the system…
BP’s Glen Lyon FPSO Classed by DNV GL
DNV GL said it has awarded class to BP’s Glen Lyon Floating Production Storage and Offloading (FPSO) vessel located west of Shetland. Glen Lyon is a purpose-built FPSO expected to produce 130,000 barrels of oil a day at peak production. The…
Sulzer Acquires License for Total’s Wash Tank Technology
Sulzer’s Chemtech division has been granted a license covering the Total-patented Wash Tank Technology for Oil Processing. The main purpose of this technology is to enhance the removal of water, salt and contaminants from oil and emulsions,…
Framo to Deliver Pump Systems to GasLog
Norway's Framo AS said it has won a contract to deliver pump systems (sea water lift pumps) for a Floating Storage Regasification Unit (FSRU) for the ship owner GasLog at the Samsung Heavy Industries shipyard. Delivery of the systems is scheduled for August 2018.
N-Sea Begins Work in Cameroonian Offshore Market
Subsea services provider N-Sea said it has begun work in the Cameroonian offshore market, via a contract win with Dutch offshore lifting and transportation company Jumbo Offshore. With phase one completed in mid-July, the project takes place off the shores of Cameroon’s South Province…