Stories
Refine Search
-
Company
Total to Begin Offshore Exploration in Bay of Bengal
According to a recent Reuters report, European energy major Total SA (TOTF.PA) will begin exploring for hydrocarbons in the Bay of Bengal in November, a senior energy official recently stated. In March this year, Total acquired the major stakes…
Teekay Offshore Raises Distribution; Completes FSO Acquisition
Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced that its general partner has increased its quarterly cash distribution by $0.035 per unit, from $0.35 per unit to $0.385 per unit ($1.54 annualized) as…
Aker Kvaerner Gets Contract for Platform in Egypt
Aker Kvaerner has been awarded a contract for operation, management and maintenance of the Al Zaafarana FPSO offshore Egypt by operator Gemsa Petroleum Company and partners. Options for contract extensions are included in the contract. The Al…
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.
Here's what you get!
Request a DemoAker Kvaerner Wins FPSO Contract in Egypt
Aker Kvaerner won a contract for operation, management and maintenance of the Al Zaafarana FPSO offshore Egypt by operator Gemsa Petroleum Company and partners. The contract value is $32.5 m for a five year contract period effective from September 1, 2007.
Hyundai Wins Order for O&G Platform
Hyundai Heavy Industries Co., Ltd. (HHI) signed a contract with Elf Petroleum Nigeria Ltd. (EPNL), a Nigerian subsidiary of French oil company Total S.A., to build an oil and gas production platform worth US $520 m. The platform will be completed by 2010 and will be able to produce 105…
Aker Kvaerner to Deliver Process Tech
Aker Kvaerner has signed a contract for delivery of equipment and modifications to Aker Floating Production's SMART 1 Floating Production Storage Offloading (FPSO) vessel. This new contract is an amendment to a contract awarded in November 2006 for both SMART 1 and 2 vessels.
Aker Kvaerner Wins Subsea Contract
Aker Kvaerner signed a letter of intent with Aker Floating Production in January 2007 and has now signed the final contract to deliver a complete subsea production system to Reliance Industries in India. The value of Aker Kvaerner's contract is in excess of $300m.
ABB wins $110m in Contracts
ABB has signed contracts worth more than $110 million to supply Azipod propulsion, power-generation and power-distribution systems for 19 new vessels being built in Europe and Asia. The new projects include: • electrical propulsion systems for nine platform supply vessels…
NNPC, Daewoo in Joint Venture
After over five decades of its involvement in crude oil and gas exploration without involving in crude oil transportation, the Nigerian National Petroleum Corporation (NNPC), has signed a joint venture agreement with Daewoo Ship-building and Marine Engineering (DSME) of South Korea…
Keppel Singmarine Secures Contract for FSO Vessel
Keppel Singmarine Pte Ltd (Keppel Singmarine) has clinched a $87.2m contract to build a Floating Storage Offloading system (FSO) unit for LUKOIL –NIZHNEVOLZHSKNEFT (LUKOIL-NVN), a subsidiary of the Russian oil company, LUKOIL Oil Company. The 28…
MarAd Announces Vessel Sale and Tranfer
The Maritime Administration (MARAD) has given approval to C.S. Global Sentinel, L.P., of Baltimore, MD, to transfer the industrial vessel Global Sentinel, Official No. 973792 to Marshall Island registry and flag, without change in the ownership of said vessel.
Aker Kværner Expands FPSO Operations
Aker Kvaerner and the Norwegian ship owner Aktieselskabet Borgestad ASA established a new company named Aker Borgestad Operations AS. The new company will operate oil and gas production vessels on behalf of Aker Floating Production, a company…
Aker Kværner Forms FPSO Operations Entity
Aker Kvaerner and the Norwegian ship owner Aktieselskabet Borgestad ASA established a new company named Aker Borgestad Operations AS, combining expertise within oil field processing and marine operations. The new company will operate oil and…
Keppel Secures Contracts for Icebreakers
An artist impression of the icebreaker and the ice breaking supply ship, which Keppel Singmarine is building for LUKOIL. The vessels are due for delivery between end 2007 & mid 2008. Keppel Singmarine has clinched contracts worth a total of…
Keppel Secures Rig Order
Inking the contract for the fourth KFELS B Class jackup from India are Mr Bharat K Sheth, Deputy Chairman/MD, Great Eastern Shipping and Mr Tong Chong Heong, MD/COO, Keppel O&M Keppel FELS Ltd (Keppel FELS) has secured its fourth order from India for a KFELS B Class jackup rig.
Tax Doubles for North Sea Energy Companies
The British government, struggling to erase its deficit, is doubling the surtax for North Sea oil and gas companies, a move that surprised an industry expecting an increase half that size, according to a Globe and Mail report. The proposed increase…
Massive Oil Spill Clean Up Underway
Despite initial contentions that there were only two major oil spills in the wake of Katrina, details released by the U.S. Coast Guard indicate that the problem is much larger. According to the USCG, oil pollution containment and recovery operations…
Hurricane Pollution Recovery Ops Update
In the aftermath of Hurricane Katrina, federal, state, local and industry personnel continue to work together to conduct pollution recovery operations to mitigate further damage to the environment. The following industries are continuing pollution recovery operations: Murphy Oil Corporation…
Pollution Response in Katrina's Wake
The Coast Guard, the Environmental Protection Agency and the state of Louisiana are working together with local industries to recover spilled oil and mitigate further environmental damage in the aftermath of Hurricane Katrina. The Coast Guard…
Farstad Orders Packages From Rolls-Royce
Brazilian state oil company Petrobras has awarded Brazil Offshore Services (BOS) long term charters to operate one vessel under the Petrobras 12 000 contract and another under the Petrobras 15 000 contract. BOS is a Brazilian joint venture company…
Offshore News: Offshore Companies in the News
• Diamond Offshore Drilling Limited, completed the previously announced acquisition of the third-generation semisubmersible drilling rig Omega. The rig, purchased for $65 million, has been renamed Ocean Patriot. Diamond Offshore has a fleet…