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.
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Panoro Exits Nigeria

October 21, 2019

Panoro Energy said it will no longer operate in Nigeria following a deal to sell its interest in the OML 113 offshore license to PetroNor E&P for $10 million plus a contingent consideration of up to $25 million based on future production volumes.

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Jadestone Submits FDP for Vietnam Gas Fields

October 21, 2019

Independent oil and gas company Jadestone Energy said it has formally submitted the field development plan (FDP) for its Nam Du and U Minh gas fields, offshore southwestern Vietnam, to Vietnam Oil and Gas Group (Petrovietnam), targeting first production in late 2021.

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Petrobras Posts Another Major Production Boost

October 18, 2019

Brazilian state-run oil firm Petroleo Brasileiro SA posted a significant production boost in the third quarter, as heavy investments in its deepwater, pre-salt zone showed signs of paying off. Investors and analysts have been watching the firm's production figures closely in recent quarters…

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DNV GL Awards HHI AIPs for New FPSOs

October 18, 2019

South Korean shipbuilder Hyundai Heavy Industries (HHI) has obtained DNV GL's approval in principle (AiP) certificates for three models of its “Standard FPSO” design. Vidar Dolonen, Regional Manager of Korea and Japan at DNV GL – Maritime, presented the AiPs to Jun Sung Park…

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Woodside Targets Scarborough FID in Early 2020

October 17, 2019

Woodside Petroleum Ltd has pushed out the final approval date for its mammoth Browse gas project but slightly brought forward plans to sign off on its smaller Scarborough project as it races to fill an anticipated global supply gap. Woodside…

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SBM Secures Liza Unity Financing

October 16, 2019

SBM Offshore completed the $1.14 billion project financing of Liza Unity floating production, storage and offloading unit (FPSO), the Netherlands-based company announced on Wednesday. The project financing was secured by a consortium of nine international banks.

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How Brazil's $26 Bln TOR Auction Works

October 16, 2019

Brazil's Senate passed the main text of a bill late on Tuesday defining the distribution of proceeds from a blockbuster auction of oil prospecting rights, a key milestone for the enormous offshore region known as TOR - the 'transfer-of-rights' area.

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Another Near Miss on the Terra Nova FPSO

October 16, 2019

Suncor Energy reported its third near miss in less than a year on board the Terra Nova floating production, storage and offloading unit (FPSO) stationed approximately 350 kilometers offshore Newfoundland and Labrador, Canadian authorities said.

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MODEC, Yinson Win FPSO Charters from Petrobras

October 16, 2019

Brazilian state-run oil company Petróleo Brasileiro S.A. (Petrobras) has signed letters of intent with Japan’s MODEC and Malaysia’s Yinson for charter contracts for two floating production, storage and offloading units (FPSO) for the Marlim field offshore Brazil.

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Veolia to Equip Liza Unity FPSO

October 15, 2019

Veolia Water Technologies said its VWS Westgarth subsidiary has been awarded a multimillion dollar contract by SBM Offshore for the supply of a seawater treatment package for the Liza Unity floating production, storage and offloading unit (FPSO), to be deployed in the Stabroek block offshore Guyana.

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Teekay Extends Hummingbird Spirit FPSO

October 13, 2019

Teekay Corporation, a provider of crude oil and gas marine transportation services, has entered into an agreement with the Chestnut Joint Venture to extend the employment of the Hummingbird Spirit FPSO unit (Hummingbird) on the Chestnut field in the North Sea until March 2023.

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Chestnut Field Extended Up to Three Years

October 11, 2019

Partners Spirit Energy and Dana Petroleum will invest £140 million ($177 million) to extend the life of the Chestnut field in the UK North Sea by as much as three years. The companies announced on Friday that they reached a deal with Teekay…

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Total Says It Will Skip Brazil TOR Auction

October 10, 2019

Fance's Total SA, the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for November 6 of the so-called Transfer of Rights area in Brazil's pre-salt region.

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Brazil Oil Auction Draws $2.2 Billion

October 10, 2019

Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what could be a promising sign for even bigger upcoming oil auctions. The most heavily sought after…

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Brazil Oil Bidding Points to Future Auction Success

October 10, 2019

Brazil's mines and energy minister said the positive results of Thursday's round of bidding for the country's offshore oil blocks point to successful auctions later this year of the so-called Transfer of Rights area and pre-salt oil find. Minister…

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BW Energy IPO Awaits 'Right Window'

October 10, 2019

Norway's BW Offshore will wait for markets to stabilize before launching a planned initial public offering of its oil production arm, BW Energy, an executive said on Thursday. "We are generally ready to go to the market for a listing... however…

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Brazil Court Green Lights TOR Mega Auction

October 10, 2019

Brazil's Federal Audit Court known as the TCU unanimously approved on Wednesday the ground rules for a major auction of pre-salt oil concessions in a "transfer of rights" (TOR) area off the country's southeastern coast. The government expects…

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Majors to Bid in Brazil's $800 Mln Oil Auction

October 10, 2019

BP PLC, Chevron Corp and Royal Dutch Shell PLC are among firms that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks. Combined, the minimum…

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Maersk Supply Service Wins Brazil Project

October 9, 2019

Maersk Supply Service said it will provide an integrated mooring lines life extension solution for Shell’s floating production, storage and offloading unit (FPSO) Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro.

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Keppel, Sembcorp Reach Deal with Embattled Brazil Firm

October 7, 2019

Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs. Sete, which leased oil rigs to Brazil's state oil firm Petroleo Brasileiro SA (Petrobras)…

Report

FLOATING LIQUEFACTION AND REGASIFICATION
an Assessment of Future Requirements for FLNGs and FSRUs

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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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Floating Production Week delivers unrivaled overview, insight and analysis to the Offshore Floating Production Systems and Technology market

Bennu Oil & Gas LLC Bennu Oil & Gas LLC Logo
Bennu Oil & Gas LLC owns and operates oil and gas reserves at Gulf of Mexico. The company was incorporated in 2013 and is based in Houston, Texas.
Murphy Oil Corporation Murphy Oil Corporation Logo
Murphy Oil Corporation is an independent exploration and production company with a strong portfolio of global offshore and onshore assets delivering oil-weighted growth. Murphy produces oil and/or natural gas in the United States, Canada, and Malaysia and conducts exploration activities worldwide.
PetroSA PetroSA Logo
PetroSA continues to play an instrumental role in the country?s transformation through a range of activities that span the petroleum chain. Starting with the exploration and production of oil and natural gas, we sell petrochemical products to South Africa?s major oil companies and export petrochemical…
Oil and Natural Gas Corporation Limited Oil and Natural Gas Corporation Limited Logo
1947 ? 1960 years: History 1947-1960During pre-independence, the Assam Oil Company in the North-Eastern and Attock Oil company in North-Western part of undivided India were the only oil companies producing oil in the country. The major part of Indian sedimentary basins was deemed to be unfit…
China National Offshore Oil Corporation China National Offshore Oil Corporation Logo
CNOOC Limited (the ?Company?, together with its subsidiaries, the ?Group? or ?we?), incorporated in Hong Kong Special Administration Region (?Hong Kong?) in August 1999, was listed on the New York Stock Exchange (code: CEO) and The Stock Exchange of Hong Kong Limited (code: 00883) on 27 and 28 February 2001…
OMV Group OMV Group Logo
n September 2011 the OMV Executive Board presented a revised strategy based on the pillars of "growth ? integration ? change ? performance". The profitable growth strategy will allow OMV to develop into an integrated, international company focused on oil and gas with clearly improved profitability…
Nigerian National Petroleum Corporation Nigerian National Petroleum Corporation Logo
The Nigerian National Petroleum Corporation (NNPC) is the state oil corporation which was established on April 1, 1977. In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing.
Ithaca Energy Ithaca Energy Logo
Ithaca Energy Inc. is a North Sea oil and gas operator focused on the delivery of lower risk growth through the appraisal and development of UK undeveloped discoveries, the exploitation of its existing UK producing asset portfolio and a Norwegian exploration and appraisal business centred on…
Saipem Saipem Logo
Saipem is a large, international and one of the best balanced turnkey contractors in the oil & gas industry. Saipem has a strong bias towards oil and gas related activities in remote areas and deepwater and is a leader in the provision of engineering, procurement, project management and construction…
OMNI Oil & Gas OMNI Oil & Gas Logo
OMNI Oil & Gas is an oil exploration and production company focused on the Navarro and Taylor formations throughout central and south Texas. OMNI specializes in shallow well enhanced recovery operations through the implementation of pressure maintenance systems. A recognized leader in drilling…