updated Mon. August 26, 2024
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Upstream Online
April 23, 2018
Petrobras has start up production at its Buzios field in the pre-salt Santos basin off Brazil from the first of numerous floating production, storage and offloading units set to be placed on the field. The P-74 floater started production on Friday on the field in 2000 metres of water some 200 kilometres off the coastÃâà...
GhanaWeb
April 23, 2018
Operators on the Floating, Production, Storage, and Offloading (FPSO) Dr. Kwame Nkrumah at the beginning of the year served notice the vessel will shut down. ... The announcement was made by a Petroleum Engineer at the Ghana National Petroleum Corporation (GNPC), Albert Longman Newman.
Energy Voice
April 23, 2018
The Barents Sea project was the largest to be sanctioned last year and is estimated to hold as much as 650million barrels of oil equivalent. ... equipment specialist, will supply two gas turbine generators for the topside structure of the Johan Castberg floating production, storage and offloading (FPSO) vessel.
The Financial Analyst
April 21, 2018
Global FPSO Market Report illustrates the present development status of FPSO along with the growth of FPSO expected during the forecast period during 2017-2022. FPSO Market analyses the industry based on different factors like growth trends, consumer volume, FPSO market size and demand andÃâà...
Upstream Online
April 20, 2018
Brazil's Petrobras has postponed for the seventh time the date for submission of commercial proposals in the tender for the Buzios 5 floating production, storage and offloading vessel. According to sources, Petrobras has pushed back the date by another two weeks, to 30 April from 13 April, on request ofÃâà...
Healthcare Trends
April 17, 2018
DecisionDatabases.com announces a new report “World FPSO Market Research Report 2022 (covering USA, Europe, China, Japan, India, South East Asia and etc)” added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand theÃâà...
Africa Oil and Power
April 17, 2018
The project will be a joint venture between the Ministry of Energy and Mineral Development and the Uganda National Oil Company, and the Albertine Graben ... BP has awarded UK-based TechnipFMC a front-end engineering design contract (FEED) for the floating production storage and offloading (FPSO)Ãâà...
Myjoyonline.com
April 17, 2018
Tullow Oil has indicated that it plans to end its routine shutdowns on the Jubilee FPSO by the end of this year. The London-based oil firm expects to shut down production from its Jubilee field offshore Ghana three times during 2018 to enable the completion of the FPSO repair works. According to Mr Awotwi,Ãâà...
Offshore Oil and Gas Magazine
April 14, 2018
The FPSO will process 180,000 b/d of oil with a storage capacity of 1.4 MMbbl. The two SGT-A35-driven DATUM compressor trains will re-inject carbon dioxide to pressures exceeding 250 bar (3,626 psi). According to Siemens, the high-pressure and high-density compression technology allows the overallÃâà...
Energy Voice
April 14, 2018
Hurricane Energy has released images showing the progression of work on its floating production storage and offloading vessel (FPSO) for its Lancaster development west of Shetland. The Greater Lancaster Area could have reserves of more than a billion barrels of oil equivalent. Hurricane says it isÃâà...
Energy Voice
April 13, 2018
Italian oil giant Eni said today that a fire had broken out in the sauna on its Goliat oil rig off Norway. Eni said the fire was detected at around 6:30am this morning in the living quarters of the FPSO. The company said the fire was put out quickly and that no one was injured. A spokesman for the company said:Ãâà...
Platts
April 13, 2018
Brazil's National Petroleum Agency (ANP) approved lower requirements for the use of locally produced goods and services in oil field development, ... The concession likely means that hulls for the floating production, storage and offloading vessels, or FPSOs, that dominate output in offshore BrazilianÃâà...
Petroleum Economist
April 11, 2018
Alligin will be tied back to BP's Glen Lyon floating, production, storage and offloading (FPSO) vessel. Vorlich will be ... The North Sea industry has been hit hard over recent years due to the effects of low oil prices on investment and a lack of major new finds in the maturing basins of the UK Continental Shelf.
Facts of Week
April 4, 2018
A floating production, storage, and offloading unit is considered as a vessel that is being used widely by a large number of gas and offshore oil industries. These vessels are used for the purpose of manufacturing and processing of hydrocarbons and further for the storage of oil. The use of FPSO vesselsÃâà...
Investor Opinion
April 4, 2018
Floating, production, storage, and offloading (FPSO) vessels are used for extracting or receiving raw hydrocarbons from sea beds, which are then processed in onboard processing facilities. These vessels are a part of floating production systems and are also equipped with temporary onboard storageÃâà...
Stabroek News
April 4, 2018
In June, the company noted it announced the final investment decision for the first phase of the world-class Liza development, which includes a floating production, storage, and offloading (FPSO) vessel designed to produce up to 120,000 barrels of oil per day. Production is expected to begin by 2020, fewerÃâà...
Upstream Online
April 4, 2018
Petrobras is due to start producing from Tartaruga Verde by the end of this quarter with the Cidade de Campos dos Goytacazes floating production, storage and offloading vessel. Espadarte III is to be developed via a single well linked to the FPSO, with first oil scheduled for the first quarter of 2021.
TradeWinds
April 4, 2018
Choi said that global oil majors are trying to diversify their client base, and one of the processes that oil majors could be testing is whether non-Korean shipbuilders could build offshore projects such as an FPSO. However, he added that the technology for the top-side module for the Tortue project is “notÃâà...
The Edge Markets MY
April 2, 2018
OIL and gas outfit Bumi Armada Bhd is mulling the setting up of a special purpose vehicle (SPV) and injecting some of its floating production storage and offloading (FPSO) assets into it, as part of a larger plan to ease its debt burden. Bumi Armada is understood to be looking to raise US$500 millionÃâà...
Nasdaq
March 31, 2018
BW Offshore has a fleet of 15 FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 39 FPSO and FSO projects. The company is listed on the OsloÃâà...
WorldOil
March 26, 2018
HOUSTON -- UTEC, a global survey company in subsea services group Acteon, has delivered a bespoke Virtual Asset Management tool to an offshore Operator in Eastern Canada, to allow its team to remotely access its Floating, Production Storage and Offloading (FPSO), from their desktop. The fieldÃâà...
BBC News
March 22, 2018
The company had contracted a Malaysian-owned company, Yinson, to provide a Floating Production Storage and Offloading (FPSO) vessel at the site for ... Overall, according to the source, Repsol and its partners in the project (Mubadala Petroleum and PetroVietnam) are likely to be around $200m out ofÃâà...
Seatrade Maritime News
December 31, 1999
Bumi Armada's dispute with Erin Petroleum Nigeria has come to a head with the latter serving a notice of a purported force majeure event and requesting immediate, orderly shutdown of operations on the floating production storage and offloading (FPSO) unit Armada Perdana, which has been operating inÃâà...
The Star Online
December 31, 1999
KUALA LUMPUR: Bumi Armada Bhd has been hit by a suspension of its Armada Perdana floating production storage and offloading (FPSO) unit by Erin ... BASPL also received a notice of seizure/attachment of goods from a third party informing that the entire crude oil produced and to be produced andÃâà...
The Maritime Executive
December 31, 1999
Offshore services firm Bumi Armada Berhad has had to shut down the FPSO Armada Perdana at Nigeria's Oyo field due to a legal action on shore. In a notice provided to Bumi Armada, lease operator Erin Petroleum Nigeria Ltd (EPNL) asserted that an unspecified "force majeure event" had occured. EPNLÃâà...
Offshore Technology
December 31, 1999
As part of the deal, Sembcorp is responsible for the engineering, procurement and construction of hull and living quarters for the floating production, storage and offloading vessel (FPSO). The FPSO vessel has a 227m-long and 50m-wide hull. The storage capacity of the vessel is 800,000bbls for oil andÃâà...
Rigzone
December 31, 1999
Sembcorp Marine Ltd announced Wednesday that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has secured a contract from TechnipFMC to undertake the engineering, procurement and construction of hull and living quarters for a newbuild Floating Production, Storage andÃâà...
Upstream Online
December 31, 1999
Norway's Statoil is working to further boost the processing capacity of the Peregrino floating production, storage and offloading vessel, as it prepares to welcome output from the field's second phase development, writes Fabio Palmigiani. Statoil is presently producing about 70,000 barrels per day of oil fromÃâà...
Upstream Online
December 31, 1999
UK supermajor BP is closing in on a winner in a hard-fought battle to provide a floating production, storage and offloading vessel at its ground-breaking Tortue gas project off Mauritania and Senegal, with one contender now in pole position. Upstream understands that TechnipFMC, working with itsÃâà...
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