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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Predictive Software to Optimize FPSO Maintenance
A new test project in Norway looks to employ specialty software for the optimization of floating production storage and offloading (FPSO) maintenance. Lloyd's Register (LR) said it is using its RTAMO software to support AkerBP in an effort aiming…
ExxonMobil, Hess Announce Oil Discovery Offshore Guyana
ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana at the Longtail-1 well, creating the potential for additional resource development in the southeast area of the Stabroek Block. The companies said approximately 78 meters of high-quality…
Angola's Oil Exports Could Drop to 2006 Lows
Angola's preliminary crude oil export plan for August includes 43 cargoes, down from July's 48 cargoes, according to a loading program on Tuesday. The schedule, which equates to a daily rate of around 133,000 barrels per day, will be the smallest since the 132…
Panama Imports Its First LNG Cargo
Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America. Many utilities in Central…
Equinor Buys 25% Stake in Brazil’s Roncador Oil Field
Equinor and Petrobras have completed their transaction announced in December 2017, whereby Equinor has acquired a 25 percent non-operated interest in the Roncador oil field in Brazil’s Campos Basin. This follows all transaction conditions being met, including government and regulator approval.
Shell Feeds Gas to Australia's New Prelude FLNG
Royal Dutch Shell has introduced gas to its 490 meter (1,600 ft) long Prelude floating liquefied natural gas (FLNG) unit as part of the cooling process before start-up, a spokeswoman told Reuters on Wednesday. Gas was fed to the unit from liquefied natural gas (LNG) carrier Gallina, she said.
AGL Energy Inks Deals for LNG Import Jetty
Australian power producer AGL Energy said on Tuesday it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria. The first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline…
Exxon Starts Drilling at Offshore Guyana Projects
Exxon Mobil Corp said it has commenced development drilling in the first of three offshore Guyana projects, which could produce more than 500,000 barrels of oil per day. Development drilling began in May for the first of 17 wells planned for Liza Phase 1, the company said.
Itochu Seeks North Sea Sale
Japanese commodity trading house Itochu is seeking buyers for stakes in two North Sea oilfields, a pipeline and a terminal, a document seen by Reuters shows. The sale, run by Scotiabank, could fetch up to $250 million, according to banking sources.
ENI on Track to Double Ghana's Gas Output
Italy's ENI is on track to deliver the first gas from its Ghana operations next month, with output rising to 180 million cubic feet per day by year end, enough to more than double national output, officials told Reuters on Friday. ENI, which began oil production from a 45…
Equinor Deepens Its Offshore Brazil Portfolio
Equinor has expanded its portfolio in Brazil’s prolific Campos and Santos basins after winning the Uirapuru and Dois Irmãos blocks in the 4th Production Sharing Bidding Round in Brazil. Equinor, ExxonMobil and Petrogal Brasil presented the winning…
Petrobras Concludes $4 Bln Bond Buyback
Brazilian state-run oil company Petroleo Brasileiro SA has concluded the buyback of $4 billion of bonds, the company said in a securities filing on Tuesday, after reaching the program's stipulated limit. In May, Petrobras, as the company is known…
CNOOC Leases Bigger FSRU to Boost LNG Imports
The trading arm of China National Offshore Oil Corp (CNOOC) struck a three-year lease for a bigger floating storage and regasification unit (FSRU) from Hoegh LNG as it seeks to boost imports of liquefied natural gas (LNG). In a statement, shipowner…
GTT to Equip FSRU Newbuild
GTT has received an order notification from South Korean shipyard Hyundai Heavy Industries (HHI) to equip a new floating storage and regasification unit (FSRU) with its Mark III cryogenic membrane containment system. The FSRU of 170,000 m3 will be built on behalf of a European ship-owner.
AGL Decision on LNG Import Terminal Expected in FY2019
AGL Energy Ltd, Australia's biggest power producer, expects to make a final investment decision on the country's first liquefied natural gas (LNG) import terminal in the financial year of 2019, a company official said on Friday. The A$250 million…
Petrobras CEO Parente Resigns
Petroleo Brasileiro SA's chief executive quit on Friday in a surprise move that wiped $12 billion off the state-controlled oil producer's market valuation, after Brazil's government responded to a national trucking strike by intervening in the company's fuel pricing policy.
Golar LNG Unwinds Joint Venture with Schlumberger
Golar LNG said on Thursday it would wind down its joint venture with Schlumberger, called OneLNG, which had been involved in the development of the Fortuna LNG project with Ophir in Equatorial Guinea. Golar said despite an agreed development…
Offshore Oil: Tullow eyes Ghana Assets
Tullow Oil is interested in new oil blocks off Ghana's coast as part of the British explorer's plans to consolidate its operations in the West African nation, Chief Executive Paul McDade said. Tullow is leading two operations offshore Ghana…
Petrobras Board Member Resigns Amid Pricing Turmoil
José Alberto de Paula Torres Lima, a board member at Brazilian state-run oil company Petroleo Brasileiro SA, resigned on Tuesday due to "personal reasons," the company said in a filing on Wednesday. Shares in Petrobras, as the company is known…
Flex LNG Steers Away From Floating Units as Challenges Emerge
Flex LNG, a liquefied natural gas shipping company and part of the nautical empire of Norwegian billionaire John Fredriksen, has dropped its interest in operating floating regasification units due to project failures and low returns. Floating…