Floating Production Systems Report And Online Database
- Monthly reports -- Our monthly reports provide a detailed snapshot of the business sector as of the middle of each month. More than 80 pages of data and industry analysis each month. Excel spreadsheets with each report enable subscribers to tailor the data presentation to their needs. In October of each year we provide a detailed five year forecast of production floater orders. In March of each year we fine tune the forecast and make revisions as needed.
- Online database -- The online database is updated every day – with information direct from primary sources. In the database are details for 240 planned projects, 370 installations in service, 70+ floaters on order and 20+ floaters available. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database.
- Customer support -- We are available to assist with technical questions about information in the database and reports -- and assist with any questions about using the database search tools.
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FPSO Liza Destiny Sets Sail for Guyana
The very first production vessel destined for operations offshore Guyana has departed Singapore en route to the ExxonMobil-operated Stabroek block off the northeastern coast of South America. The Liza Destiny floating, production, storage and…
Premier Oil Cuts Operating Costs Forecast
Britain's Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to $12 per barrel of oil equivalent (boe) from $13 and expects debt reduction to reach the upper end of its $250-$350 million target by year-end. Premier, which had debt of around $2.3 billion in December…
Keppel Wins Yinson FPSO Modification Work
Singapore-based Keppel Offshore & Marine (Keppel O&M) has through its wholly-owned subsidiary Keppel Shipyard, secured a contract from repeat customer Yinson for the modification of a floating production, storage and offloading vessel (FPSO).
Leviathan natural gas platform starts voyage to Israel
The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday. The first of four barges transporting the production structure units has left Texas and the other three will set sail in the coming weeks.
North Sea FPSO Goes on Remote Control
Fugro said it has provided remote positioning services on board a floating production storage and offloading (FPSO) vessel for Bluewater during a scheduled subsea inspection, repair and maintenance campaign in the North Sea. The recent week…
Siemens to Power Eni Mexico Area 1 FPSO
Tech conglomerate Siemens said it will provide three 34-megawatt (MW) SGT-A35 gas turbine power generation packages to power a floating production, storage, and offloading unit (FPSO) that will operate for Eni off the coast of Mexico. The Eni…
Hurricane Raises 2020 Production Guidance
Hurricane Energy's shares recorded their biggest daily rise since 2017 on Thursday, jumping more than 13% after the group upped its production guidance for 2020 on positive results from its so-called fractured basement reservoirs in Britain.
Oil at Six-week High
Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm , while an incident with a British tanker in the Middle East highlighted tensions in the region. Brent crude futures were up 32 cents at $67.33 a barrel by 1153 GMT.
Near Miss on the Terra Nova FPSO
Canada's offshore safety regulator said it is monitoring Suncor Energy’s continued investigation into a potentially fatal incident on board the Terra Nova floating production, storage and offloading unit (FPSO) that occurred on June 24. The incident…
Woodside Starts Commissioning at Greater Enfield
Australia's Woodside Petroleum Ltd has started commissioning activities at the $1.9 billion Greater Enfield oil project off the state of Western Australia, two people with knowledge of the matter said on Wednesday. Oil from the project is expected to be sought after by traders in Asia.
Oil Rises Toward $65
Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand. OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020.
Floater Sector Active Despite Market Volatility
Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according to a recent report by World Energy Reports (WER). Brent oil, which had reached as high as the mid $70 range earlier this year…
NOV to Supply STP for MJ FPSO
APL, a business unit within NOV's Completion & Production Solutions segment, has secured the contract from South Korean builder Samsung Heavy Industries to supply a large submerged turret production (STP) system for a newbuild floating production…
Eni Awarded License Offshore Ghana
Eni and its partners have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana, the Italian supermajor announced of Wednesday. Eni said it will be the operator of the license, and its…
Eni Starts Producing from Miztón Offshore Mexico
Italian supermajor Eni said it has started the early production phase from the Miztón field, located in the Campeche Bay offshore Mexico, marking the first step in the development of Area 1, which is estimated to hold 2.1 billion of oil equivalent in place (90% oil) in the Amoca…
Aker BP Discovers Oil at Frosk
Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A. According to a press note from the Norwegian Petroleum Directorate (NPD), the wells…
Shell, Exxon Eye Somalia's Offshore
Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said. Shell and Exxon Mobil had a joint venture on five offshore blocks in Somalia prior…
Guyana's First FPSO Named Liza Destiny
Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore. “This is a very special vessel, which will be the first to operate offshore Guyana.
IPC Begins Drilling Program in Malaysia
The oil and gas exploration and production company International Petroleum Corporation (IPC) has commenced drilling the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia. Canada-based IPC…
Curlew FPSO Arrives in Dundee for Cleaning Ahead of Scrapping
Shell's Curlew floating production, storage and offloading vessel (FPSO) arrived in Dundee, Scotland on Saturday for cleaning and waste disposal in preparation for full decommissioning. The work will be undertaken in the Port of Dundee by Augean North Sea Services (ANSS)…
FLOATING LIQUEFACTION AND REGASIFICATION
an Assessment of Future Requirements for FLNGs and FSRUs
2019 Annual Outlook. Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle. Many FLNG and FSRU projects are planned – but only some will ultimately will move forward to development. The goal of our report is to objectively sort out likely winners and losers – and explain the rationale for the rating.
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