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Yinson's FPSO Contract in Nigeria Ends after 16 Years as Client Opts to Buy the Floater
The Malaysian FPSO leasing company Yinson has completed the 16-year contract for FPSO Adoon in Nigeria as the client Addax decided to buy the FPSO. The contract for the FPSO which has been operating at Block OML 123 offshore Nigeria, had an original term of 8 years until 2014…
German Green Group Seeks to Cut Wilhelmshaven FSRU License by 10 Years
A German environmental group has lodged a complaint calling for the operating licence of a new floating liquefied natural gas (LNG) terminal at Wilhelmshaven to be shortened by a decade citing its discharging of chlorine and risks to Germany's climate targets.
Aker Solutions, Drydocks to Upgrade Petrojarl Knarr FPSO for Deployment at Equinor's Rosebank Field
Norway's Aker Solutions will upgrade Altera Infrastructure's Petrojarl Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor's Rosebank field development, offshore the UK. Petrojarl Knarr was built by Samsung…
Floating Production Systems Report And Online Database
- Annual five year outlook and forecast – At the start of each year we prepare a detailed assessment of future deepwater development and forecast the pace of orders for floating production systems over the next five years. Our 2021 annual report looks at market conditions likely to prevail through 2025 and provides our assessment of which of the 200+ floater projects in the planning queue will reach the final investment decision by end-2025
- Monthly reports - Our monthly reports provide a detailed snapshot of the business sector as of the middle of each month. More than 100 pages of data and industry analysis each month. Excel spreadsheets with each report enable subscribers to tailor the data presentation to their needs. In our May report we revisit the annual 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 200+planned projects, 390+ installations in service, 40+ floaters on order and 40+ floaters available. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database. Data are easily exported to excel spreadsheet.
- 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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FSRU Exemplar Arrives in Finland
Excelerate Energy's floating storage and regasification unit (“FSRU”) Exemplar arrived at the port of Inkoo, Finland on December 28, 2022. The FSRU was previously loaded with a partial cargo of liquefied natural gas (LNG) which will serve as the initial commissioning cargo for the terminal.
Short-term Charter Extension for Yinson's FPSO in Nigeria
Malaysia's FPSO leasing company Yinson has secured a one-month contract extension for its Adoon FPSO in Nigeria. The contract was signed with client Addax, a Sinopec subsidiary, on December 16, 2022 and will run until January 2023. The value…
Western Gas to Link its Equus Gas Field to North West Shelf And Pluto LNG Plants
Australian oil and gas company Western Gas has signed non-binding milestone agreements with the North West Shelf Project participants and Pluto LNG in Australia to process up to 3 Mtpa of gas from its Equus offshore gas field for LNG export and the WA market from 2027.
Radix Creates Virtual FPSO Training Environment to Reduce Commissioning Phase Risks
Brazil-based Radix Software and Engineering said Monday it had created a virtual FPSO training environment for a major operator with the goal of reducing risk in the asset commissioning phase by training operators in process optimization and validation of operational manuals.
Yinson, Azule Energy in Angola FPSO Deal
Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy. Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision…
Construction of Shell's Penguins FPSO Completed in China
The construction of the Penguins FPSO for Shell's namesake field in the UK North Sea has reportedly been completed in China. CGTN, the China Global Television Network website, on Thursday, shared a video of the completed Penguins FPSO, and said the 118-meter-tall cylindrical FPSO…
AIP for C-Claw Fastener for Marine and Offshore
Bureau Veritas delivered an Approval in Principle to COLD PAD, an industrial start-up, for its C-Claw technology, a heavy-duty fastener for steel structures that is non-intrusive (no hole and no hot work is required). It was designed as an alternative…
DPS Safety Alert Follows DP3 Drillship Blackout Investigation
The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems. Dynamic positioning (DP) systems 1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies…
VIDEO: Topside Module Construction Starts for Giant ONE Guyana FPSO
The Dutch FPSO leasing specialist SBM Offshore said Friday the construction of the topside modules had kicked off in Singapore for one of the company's largest-ever FPSO units, the One Guyana FPSO. "During September this year, two steel strike…
Petrobras Orders 10th FPSO for Búzios Field
Brazilian oil and gas company Petrobras has ordered a floating, production, storage, and offloading (FPSO) vessel from Singapore's Sembcorp Marine Rigs & Floaters. The FPSO, named P-82, will be deployed at the giant Búzios oil field, in the Santos Basin pre-salt area, offshore Brazil.
Anna Nery FPSO Arrives in Brazil
Malaysian FPSO leasing specialist Yinson has informed that the Anna Nery FPSO has arrived in Brazil. The Anna Nery FPSO, built in China by Cosco Qidong shipyard, will be deployed at Petrobras' Marlim offshore field in Brazil. Now that the vessel has arrived in Brazil…
Greater Tortue Ahmeyim FPSO Returned to Quayside after Drifting Off Due to Typhoon
Oil and gas company Kosmos Energy said Tuesday that the FPSO for the Greater Tortue Ahmeyim project had been returned to the quayside of the COSCO shipyard in China, following the recent incident in which the vessel drifted away due to the impact of Typhoon Muifa.
ADNOC to Supply First LNG for RWE's Floating LNG Import Terminal at Brunsbüttel
German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday. Though the initial amount to be delivered is relatively small…
McDermott Bags Significant Contract with TotalEnergies Offshore Angola
Offshore engineering and construction firm McDermott International said Tuesday that it secured a "significant" contract with TotalEnergies EP Angola Block 17/06. McDermott defines a significant contract as between USD $250 million and $500 million.
Italy's Commissioner Confident in a Timely Decision on New FSRU
Italy's commissioner for the set up of a new regasification terminal is confident the infrastructure could get the green light by the end of October, in time for extending the country's LNG capacity at the beginning of 2023. Under the government's energy plan…
Enauta Restarts Production from Atlanta Field Offshore Brazil
Brazilian oil and gas company Enauta said Wednesday that its Atlanta field in the Santos Basin offshore Brazil had resumed its production through well 7-ATL-2HP-RJS. "The second well should start operating next and, by the end of September,…
Jadestone Energy: No Clear Date for Montara FPSO Output Restart
Asia Pacific-focused oil and gas company Jadestone Energy has yet to restart production from its Montara Venture FPSO, off Australia, following a shutdown in August. The company said Monday it was "not in a position to provide guidance on a…