Floating Production Systems Report And Online Database

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Exxon, Petrobras Form Alliance to Develop Oil, Gas Projects

Exxon Mobil Corp and Petróleo Brasileiro SA, Brazil's state-controlled oil producer also known as Petrobras, said on Thursday they had formed an alliance to develop energy projects around the world. The deal, which was signed in Rio de Janeiro…

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Trelleborg Solutions for FLNG Ship-to-Shore System

Trelleborg has hailed the recent test of the Universal Transfer System (UTS) conducted with Connect LNG and Gas Natural Fenosa, as tangible evidence of the new applications that its suite of products for jettyless LNG transfer can unlock in this challenging field.

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Eni plans to restart Norway's Goliat Oilfield

Italian oil firm Eni said on Friday it planned to restart production at its Goliat oilfield in the Arctic Barents Sea within a few days. The Norwegian Petroleum Safety Authority (PSA) said earlier on Friday the company could bring back on stream the 100…

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Former Chief of Daewoo Shipbuilding Gets 6 Years in Jail

Former Daewoo Shipbuilding & Marine Engineering (DSME) boss Nam Sang-tae sentenced to six years in prison by Korean court for embezzlement and bribery, Yonhap reported. The report said that the Seoul Central District Court handed down the guilty verdict to Nam Sang-tae…

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Aker to Design Johan Castberg FPSO Accommodations

Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO). The work scope includes detailed design engineering of the living…

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Roxtec Seals for New North Sea FPSO

Cable sealing solutions designed by Roxtec have been used in the construction of Dana Petroleum’s new Western Isles floating, production, storage and offloading (FPSO) vessel, which started production in the U.K. North Sea last month. Roxtec…

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Wison, CCS Partner on China’s FSRU Standards

Wison Offshore & Marine announced it will collaborate with China Classification Society (CCS) Wuhan Rules & Research Institute on various fronts of floating liquefied natural gas (FLNG) storage and re-gasification facility (FSRU) developments in China under a strategic cooperation agreement.

Petrobras to Receive about $200 Mln from Corruption Repayments

Brazilian state oil company Petroleo Brasileiro SA will receive about 650 million reais ($201 million) in funds recovered from the country's largest-ever corruption investigation, known as Car Wash, the federal prosecutors office for the state of Paraná said on Tuesday.

First Libra Pre-salt Oil Shipment Likely in Early January

Petróleo Brasileiro SA is likely to begin shipping oil from the Libra pre-salt area early in January, an executive at the Brazilian state-controlled oil company said on Friday. Operations at Libra kicked off this week with an output of around 17…

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First Oil and Contract Start-up for Libra FPSO

Teekay Offshore Partners L.P. announced that its jointly owned floating production storage and offloading (FPSO) unit, the FPSO Pioneiro de Libra (Libra), has achieved first oil and commenced its 12-year charter contract with a group of international oil companies…

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Yinson to Take Over Layang FPSO from THHE

Malaysia’s Yinson Energy Sdn Bhd plans to take over the Layang floating production storage and offloading (FPSO) project from TH Heavy Engineering Bhd (THHE) Edge Markets reported. THEE, which has the Layang FPSO contract with Japan’s JX Nippon.

SBM Offshore to Pay $238 Mln in US Bribery Case

SBM Offshore NV, a Netherlands-based maker of offshore oil drilling equipment, and its U.S. subsidiary, SBM Offshore USA Inc, agreed to settle criminal charges of bribing officials in five countries and pay a $238 million penalty, the U.S. Justice Department said on Wednesday.

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Statoil Confident Eni Will Resolve Problems at Goliat Field

Norway's Statoil said on Tuesday it was confident Eni would resolve problems besetting their joint Arctic Goliat oilfield, as a shutdown there neared its second month. The 100,000 barrels-per-day field - operated by Eni, the senior partner in…

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Wärtsilä’s Ambitious Vision of a Digital Future

Digitization sets the new standard for the entire industry, says Wärtsilä on a November 24 press meeting in London. Wärtsilä has announced an ambitious vision to lead the marine industry into a smart technology future by catalyzing innovative…

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First Oil from Brazil's Libra Field Flowing to FPSO

First oil has flowed from Brazil's giant Libra field operated by Petrobras and a consortium that includes Total, Shell and China's CNPC and CNOOC, the companies said on Monday. Libra, which has recoverable volumes estimated by oil regulator ANP at between 8 billion and 12 billion barrels…

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Catcher FPSO to Add about $200 mln in EBITDA/year

BW Offshore CEO Carl Arnet in FPSO (floating production, storage and offloading) firm BW Offshore Ltd says the Catcher field project in the British North Sea will add about $200 mln in annual EBITDA to its results when it comes on stream in December 2017.

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Total CEO Not Worried over Possible Norway Fund Capital Exit

The possible exit of Norway's sovereign wealth fund from the capital of French oil and gas major Total will take place over time and is thus unlikely to hurt Total's stock price, Chief Executive Officer Patrick Pouyanne said on Friday. "I can tell you that…

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Summit Signs Floating LNG Facility Contract

Summit LNG Terminal, a subsidiary of Summit Power International, signed a USD 100 Million turnkey contract with marine work contractor consortium comprising of Geocean SAS and MacGregor for design, engineering, procurement, fabrication, installation…

Trafigura to Develop Another Pakistan LNG Import Project

Swiss commodity trader Trafigura said it plans to develop its second liquefied natural gas (LNG) import terminal in Pakistan, alongside an existing project in which it has a minority stake. At a inauguration ceremony for Pakistan's second LNG import project…

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Liberian Registry, ICS Challenge Brazilian Court Ruling

The Liberian Registry, in cooperation with the International Chamber of Shipping (ICS), has succeeded in helping the holder of a Liberian mortgage to overturn a decision of the Brazilian courts which, if left uncontested, could have had serious…

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.
Pertamina Pertamina Logo
As a state-owned company To carry out integrated business core in oil, gas, renewable and new energy based on strong commercial principles both inside and outside the country, Pertamina strives to provide the best and a real contribution to the welfare of the nation in utilizing every potential of Indonesia.
PA Resources PA Resources Logo
PA Resources' business consists of the acquisition, extraction and sale of oil and gas reserves, as well as exploration to find new reserves. The production of oil generates an important cash flow that makes possible the investments required to increase our reserves and thereby the value to shareholders.
Exxon Mobil Corporation Exxon Mobil Corporation Logo
ExxonMobil is the world?s largest publicly traded international oil and gas company. We hold an industry-leading inventory of global oil and gas resources. We are the world?s largest refiner and marketer of petroleum products, and our chemical company ranks among the world?s largest. We apply…
Dana Petroleum Dana Petroleum Logo
Dana Petroleum was formed in 1994 to exploit opportunities in the UK North Sea. Today we?re a $3 billion oil and gas business with operations in the UK, Egypt, Norway, the Netherlands and Africa.
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…
PTT PHILIPPINES CORPORATION (PTTPC PTT PHILIPPINES CORPORATION (PTTPC Logo
PTT Corporate Profile PTT PHILIPPINES CORPORATION (PTTPC) is one of the wholly owned subsidiary companies in the Philippines of Petroleum Authority of Thailand Public Company Limited (PTTPLC). PTTPC primary business of marketing refined petroleum products and lubricants are focused on three major segments ?
Anadarko Petroleum Corporation Anadarko Petroleum Corporation Logo
Committed to safely producing the energy we all need in a manner that protects the environment, public health and supports our communities. Energy is fundamental to modern existence. It is as important as clean air, water and affordable food. At Anadarko, we take our responsibility seriously…
Ezra Holdings Ltd Ezra Holdings Ltd Logo
Founded in 1992, Ezra Holdings Limited (the "Company", and together with its subsidiaries, "Ezra" or the "Group") is a leading offshore contractor and provider of integrated offshore solutions which enjoys a unique position in the offshore oil and gas industry in that the Group offers solutions…
Hess Corporation Hess Corporation Logo
The Hess Corporation (formerly Amerada Hess) is a large American-based integrated oil company headquartered in New York City, and a Fortune 100 corporation. The company explores, produces, transports, and refines crude oil and natural gas. Vertically completing the logistical chain, about 1…