Stories

882714feac6ed8d7_org.jpg

Ertuğrul Gazi FSRU Delivered to Turkey's BOTAS

July 2, 2021

The Ertuğrul Gazi Floating Storage and Regasification Unit (FSRU) for was recently from South Korea to Turkey's BOTAŞ Petroleum Pipeline Corporation (BOTAS), the classification society ABS has informed. Built by Hyundai Heavy Industries in accordance…

jon-landes.png

TechnipFMC Wins Subsea Contract for Petrobras’ Búzios 6-9 Fields

June 29, 2021

TechnipFMC said on Tuesday it has been awarded a subsea contract by Petrobras for the Búzios 6-9 fields, located in the deepwater Santos basin offshore Brazil. TechnipFMC, which called the award is "substantial", worth between $250 million and $500 million…

dorado-concept-credit-carnarvon-petroleum-121743.jpg

Australia: Santos Starts Dorado Offshore Field FEED

June 29, 2021

Australian oil and gas company Santos on Tuesday announced the start of Front-End Engineering and Design (FEED) for the Dorado field development in the Bedout Sub-basin, offshore Western Australia. Contracts are expected to be awarded in the next few months, Santos said.

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 Demo
bleo holm.jpg

Repsol Sinopec Extends Bleo Holm FPSO Charter Until 2024 End

June 28, 2021

FPSO specialist Bluewater has secured a contract extension for its Bleo Holm FPSO with Repsol Sinopec Resources UK Limited and its JV Partner RockRose Energy. The FPSO, deployed in the UK, will see the contract extended until December 31, 2024.

frade-photo-courtesy-offshore-120112.png

PetroRio's Frade Field Plans Approved by ANP

June 25, 2021

Brazilian oil and gas company PetroRio has received regulatory approval for a revised development plan of the Frade oil field offshore Brazil. The new development plan, approved by the national oil industry regulator ANP, allows the drilling…

Miko Marine Delivers Magnetic Blanking Set for Bacalhau FPSO

June 24, 2021

Norwegian company Miko Marine has shipped out the first magnetic blanking set destined for the Brazilian offshore sector from its fabrication plant in Haugesund, Norway. However, the set is not going to Brazil, but to the DSIC yard in Dalian…

AdobeStock_96974366.jpeg

Oil May Hit $100 but Volatility Will Grow, Say Energy CEOs

June 22, 2021

Benchmark oil prices could hit $100 a barrel and price volatility could also grow due to lower investments and the energy transition, the heads of top energy companies said on Tuesday. "There is quite a chance to reach $100 but we could see…

AdobeStock_356150999.jpeg

Oil Settles Slightly Lower as OPEC+ Discusses Raising Production

June 22, 2021

Crude oil prices settled slightly lower on Tuesday after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production. Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel…

dynamacs-image-credit-dynamac-117911.jpg

Dyna-Mac Secures FPSO Turret Module Gig

June 22, 2021

Singapore-based oil and gas module construction firm Dyna-Mac has said it has won additional work from existing customers, for a total provisional contract sum of S$8.0 million ($5,94 million). Dyna-Mac said it had secured an add-on work scope for an ongoing project in its yard.

44166168330_504def2f78_k.jpg

WTI-Brent Spread Narrows as Oil Market Tightens

June 21, 2021

The price gap between the world's two most actively traded oil contracts narrowed to its lowest in more than seven months, demonstrating that U.S. oil output is still in the COVID-19 doldrums with the market likely to remain undersupplied. North Sea Brent futures traded at a premium of $1.89 to U.S.

Maersk Maker.jpg

MSS Wins Libra Consortium Contract in Brazil

June 21, 2021

Maersk Supply Service reports winning a solutions project contract for the Libra Consortium in Brazil for the pre-lay of anchors to a newbuild FPSO in Brazil, a project integrating engineering, procurement, construction and installation (EPCI)…

terra-terra-image-crawley-marinetraffic-114950.jpg

Suncor, Partners Reach Tentative Deal on Future Path for Terra Nova FPSO

June 18, 2021

Canadian oil and gas company Suncor Energy said an agreement has been reached for the Terra Nova FPSO (and the namesake oil field) which was last year docked shoreside in Newfoundland after Covid-19 prevented the planned drydocking in Spain.

skarv-credit-118931.png

Aker BP Brings Online Gray Seal Offshore Oil Field

June 18, 2021

Production has kicked off from the Gårsel (Gray Seal) oil field in the Skarv area, off the coast of Norway, four months ahead of plan, according to Norwegian oil and gas giant Aker BP. Aker BP CEO, Karl Johnny Hersvik said: "I’m very proud of…

image1.jpg

Senegal Gearing Up for first LNG-powered Electricity

June 17, 2021

Senegal is set to be partly powered by liquefied natural gas for the first time with the arrival at the capital, Dakar, on Wednesday of a floating gas facility from Singapore, the West African nation's state power company, Senelec, said. The…

fpso.jpg

Petrobras Orders $2.3B FPSO from Saipem, DSME JV

June 11, 2021

Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil.

Technip Energies Hires Havfram for Tortue Ahmeyim FPSO Work

June 10, 2021

Norwegian offshore services company Havfram, previously known as Ocean Installer, has won a contract with Technip Energies in Africa. The contract is for the pre-installation and subsequent hook-up of the subsea mooring system for a natural…

1623210341681.jpg

Yinson to Conduct pre-FEED for TotalEnergies' Suriname, Angola FPSOs

June 9, 2021

Malaysian FPSO specialist Yinson has been selected by TotalEnergies, to conduct preliminary Front-End Engineering Design (“pre-FEED”) for two FPSOs to be installed in Block 20/21 in Angola and Block 58 in Suriname. The Angola project FPSO is…

Siccar Point Applies for Cambo Field Development Consent

June 7, 2021

UK-focused oil and gas company Siccar Point Energy has made an application for consent to the Oil and Gas Authority for an environmental statement for the Cambo field development located near the UK/Faroe Island transboundary line. The Cambo…

Aoka mizu fpso.jpg

Hurricane Energy Seeks Shorter FPSO Charter to Avoid Business Wind-down

June 4, 2021

Hurricane Energy plc, an oil and gas company that produces oil from the Lancaster field off the UK, is facing business wind-down unless it agrees a shorter charter extension for the Aoka Mizu FPSO than originally agreed. The company, which started…

excelerate exemplar.jpg

Excelerate's FSRU Starts Operations in Argentina's Bahia Blanca

June 3, 2021

Excelerate Energy’s floating storage and regasification unit (FSRU) the Exemplar has begun operations in Bahia Blanca, a port city located 400 miles south of the Argentine capital Buenos Aires. The Exemplar, with a storage capacity of 150,900 m3…

cidade-itaja-image-eduarto-correamarinetrafficcom-118064.jpg

Karoon Reaches FID on Patola Field Development in Brazil

June 3, 2021

Australian oil and gas company Karoon has reached the Final Investment Decision to proceed with the development of the Patola field, offshore Brazil. The Patola field is located within the 100% Karoon-owned and operated BM-S-40 Production Licence in the Santos Basin…

Total:2406 Returned:21