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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Babcock Wins BW Catcher Contract

February 20, 2019

Babcock said it has been awarded a four-year framework contract for brownfield fabrication and modification projects on the BW Catcher, a floating production, storage and offloading vessel (FPSO) owned by BW Offshore. The scope of the contract includes engineering…

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2021 to See 33 More FPSOs

February 19, 2019

A total of 33 floating production, storage and offloading (FPSO) vessels will be sanctioned between now and 2021 as oil and gas activity picks up in the offshore sector. Norwegian oil and gas intelligence firm Rystad Energy reports that 15 of…

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Yinson Wins USD578 million Contract from JX Nippon

February 17, 2019

Global FPSO provider Yinson Holdings Berhad  said its wholly-owned unit has been awarded a US$578 million (RM2.357 billion) contract from JX Nippon Oil & Gas Exploration (M) Ltd. According to a stock exchange filing from the Malaysian floating…

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Petrobras Will Pay to End Whale Park Dispute

February 15, 2019

Brazil state-run oil firm Petroleo Brasileiro SA said on Thursday it had concluded a long-running dispute with the country's ANP petroleum regulator, agreeing to pay 3.5 billion reais ($940 million) to end an oil-royalty spat. Dating back to 2014…

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Eni Quarterly Profit Jumps 55%

February 15, 2019

Italian oil company Eni beat expectations with a 55 percent jump in fourth quarter profit as higher prices, mainly gas, offset a dip in production. Adjusted net profit was 1.459 billion euros ($1.65 billion), above an analyst consensus forecast provided by the company of 1.19 billion euros.

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Mexico Plans $3.6 Bln Relief for Pemex

February 15, 2019

Mexico's government will inject $3.6 billion into ailing state-owned oil company Pemex, including by reducing taxes paid, company officials said on Friday, a move aimed at improving the firm's balance sheet and preventing a further downgrade to its credit rating.

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Shell Invites Bid for FPSO in Bonga

February 14, 2019

Shell Nigeria Exploration and Production Company (SNEPCo) has announced the release of invitation to tender (ITT) to contractors for the development of the Bonga South-West Aparo (BSWA) oil field. SNEPCo said in a statement that the project’s initial phase included a new Floating…

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Yinson Tallies Layang FPSO Contract

February 14, 2019

Floating production, storage and offloading unit (FPSO) provider Yinson announced Thursday it has received a letter of award from JX Nippon to provide operation and maintenance services for an FPSO due to commence operations at the the Layang field offshore Malaysia by the fourth quarter of 2019.

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Aker Energy Eyes FPSO for Ghana Project

February 13, 2019

Ocean Yield announced Tuesday that it has entered into an agreement with Aker Energy for the option to bareboat charter the floating production, storage and offloading unit (FPSO) Dhirubhai-1 for a period of 15 years. If the option is exercised…

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Woodside Raises Dividend

February 13, 2019

Australia's Woodside Petroleum Ltd significantly hiked its final dividend despite reporting lower-than-expected annual profit on Thursday, underpinned by higher oil and gas prices and the ramp-up of its Wheatstone project. The country's top…

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Video: FPSO Travels from China to Brazil

February 13, 2019

Dutch firm Boskalis transported the 90,000-ton FPSO P-67 from Qingdao, China to Rio de Janeiro, Brazil, aboard the semi-submersible heavy transport vessel BOKA Vanguard. FPSO P-67 was built by China’s Offshore Oil Engineering Company (COOEC), and delivered to Brazil's Petrobras in 2018.

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Tullow Oil Returns to Net Profit

February 13, 2019

Africa-focused Tullow Oil reported its first annual net profit in five years on Wednesday and said it would resume dividends with a 4.8 cent per share payout as it sets its sights on East African projects and drilling in Guyana. As flagged in November…

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ALE Completes FPSO Works in Singapore

February 12, 2019

Transportation and lifting services company ALE Heavylift has completed the transportation, lifting and installation of eight modules, weighing up to 1,820 tonnes, for an Floating Production Storage and Offloading (FPSO) construction project in Singapore.

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OPEC Cuts 2019 Oil Demand Forecast

February 12, 2019

OPEC cut its forecast for 2019 world oil demand on Tuesday due to slowing economies and expectations of faster supply growth from rivals, underlining its challenge to prevent a surplus even as it starts new production cuts. In a monthly report…

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Offshore Mooring to Reach USD1.1 bln by 2021

February 11, 2019

The global offshore mooring system market stood at US$0.93 bn in 2014 and is predicted to reach US$1.1 bn by 2021. It is predicted to expand at a CAGR of 3.60% from 2015 to 2021, revealed a new Transparency Market Research report. According to the report…

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Total Makes Discovery Off South Africa

February 7, 2019

French oil and gas major Total said it had made a significant gas condensate discovery after drilling its Brulpadda prospects on Block 11B/12B in the Outeniqua Basin, offshore South Africa. Total said the Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs.

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Record Production Lifts Total's Profits

February 7, 2019

French energy major Total said its net adjusted profit rose 10 percent in the final quarter of 2018, lifting its full year earnings by more than a quarter after record oil and gas production. Total said on Thursday that output reached an all…

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Petrobras May Reconsider Dividend Policy

February 6, 2019

Brazil's state-run oil company Petroleo Brasileiro SA may reconsider its dividend policy, Chief Executive Officer Roberto Castello Branco told Brazilian newspaper Valor on Wednesday. In an interview with the paper, Castello Branco said he may cancel quarterly dividends payments…

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TechnipFMC Wins EPCI Contract for Mero 1

February 6, 2019

TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total, CNOOC Limited, CNPC and Pré-Sal Petróleo (PPSA), an engineering, procurement, construction and installation (EPCI) contract for the Mero 1 pre-salt field…

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McDermott Winds FEED for Scarborough FPU

February 5, 2019

McDermott International, Inc. on Tuesday announced it has signed a contract with Woodside Energy Ltd. to undertake a front-end engineering and design (FEED) activities for a floating production unit (FPU) for the Scarborough field natural gas development in Western Australia.

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

Aban Offshore Limited Aban Offshore Limited Logo
The ABAN Group was born as a small engineering firm in Chennai, Aban Constructions, established by late Mr. M. A. Abraham in 1965. A visionary, Mr. M. A. Abraham began his career as an engineering professional in the Construction Industry with illustrious names like the Tata Group and Saipem.The…
Petronas Petronas Logo
We are a fully integrated energy company with a leading portfolio and wide network of operations around the world. With growing demand for energy, we challenge ourselves to redefine the future of energy with innovative approaches to technology and engineering in order to maximise and deliver…
Sinopec Sinopec Logo
severe in 2012. chemical company. task, structure optimization as the starting point and reform and innovation as the driving force. low carbon, and people-orientation further. efficient company. and potential partners both at home and abroad, and strive to create a new win-win situation. We…
BR Petrobras BR Petrobras Logo
we operate as an integrated energy company in these sectors: exploration and production, refining, marketing, transportation, petrochemicals, oil product distribution, natural gas, electricity, chemical gas, and biofuels. We have upwards of 135 production platforms, 15 refineries, 31,000 kilometers…
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.
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…
Lundin Petroleum Lundin Petroleum Logo
Lundin Petroleum has exploration and production assets focused upon two core areas, Norway and South East Asia, as well as assets in France, Netherlands and Russia. Lundin Petroleum maintains an exploration focus seeking to generate shareholder value through exploration success and also has…
Talisman Energy Inc Talisman Energy Inc Logo
Talisman is committed to conducting its business safely and in an ethically, socially and environmentally responsible manner. The company is a participant in the United Nations Global Compact and is also included in the Dow Jones Sustainability North America Index. Talisman was the first Canadian…
MC OFFSHORE PETROLEUM, LLC MC OFFSHORE PETROLEUM, LLC Logo
MC Offshore Petroleum, LLC is an owner and operator of Green Canyon 184 (the first TLWP in the Gulf of Mexico), Green Canyon 52A, Green Canyon 52CPP (a major production handling and processing hub in Green Canyon area for handling GC-52A, GC-184 and third party production), High Island 136…
Blue Sky Oil and Gas Ltd. Blue Sky Oil and Gas Ltd. Logo
Blue Sky Oil and Gas Ltd (?BSOG?), currently known as Fulucai Productions Ltd (trading symbol: FCPS on the OTC-BB), recently acquired producing assets in the state of New Mexico (65% working interest). The assets include 14000 acres with 299 wells. On December 2nd, the company entered into…