Premier Oil Targets Carbon Neutral Operations by 2030

March 5, 2020

British North Sea-focused oil and gas producer Premier Oil has committed to carbon-neutral operations at its fields by 2030, reporting a record free cash flow of $327 million last year, up around 30% and boosted by its flagship Catcher field.

BW Energy (BWE) Adolo.jpg

BW Energy Starts Oil Production from Tortue Phase 2 in Gabon

March 5, 2020

Oslo-listed BW Energy has started oil production from the Tortue Phase 2 field development project in the Dussafu Marin Permit offshore Gabon. The Gamba well DTM-5H was successfully brought online as of 4 March, ahead of schedule. The second well…

Sandvik Wins First Steel Tube Umbilical Order in Brazil’s Mero Oilfield- MAR0320.jpg

Sandvik Wins Mero Steel Tube Umbilical Order

March 3, 2020

Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield. Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential.

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.
  • 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 Free Sample Report
Welaptega senior project manager, Govinda Jagdeo, setting up the firm's chain measurement system ahead of deployment in West Africa.jpg

Welaptega Inspects FPSO Moorings in Nigeria

March 3, 2020

Subsea inspection services firm Welaptega has said it has recently completed mooring inspection projects for FPSOs owned Eni and ExxonMobil in Nigeria. Welaptega undertook inspection services on ENI’s Abo FPSO, on the western edge of the Niger Delta, at water depths of 550-1100 meters.


InterMoor Installs New ESP on Mampu-1 FPSO

March 3, 2020

InterMoor has recently transported and installed a new electric submersible pump (ESP) system as part of the MaMPU-1 FPSO upgrade for a wellhead platform project in Malaysia. The work for MISC Offshore Floating Terminals Dua Ltd included project management…


Subsea 7 to Tie Murphy's Discoveries to King's Quay FPS

March 3, 2020

Offshore installation contractor Subsea 7 on Tuesday said it had won a contract from Murphy Oil for the provision of the subsea installation services related to the Samurai, Khaleesi, and Mormont developments in the U.S. Gulf of Mexico. The…

The Ampelmann E-type operating off the coast of Guyana.jpg

Ampelmann Wins Contract from SBM in Guyan

March 2, 2020

Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore. Ampelmann  said it assisted the hook-up and commissioning of the SBM floating production…

Screenshot_2020-03-02 SNEPCo’s Bonga hits 800 million barrels mark.png

Shell's Bonga Oilfield to Undergo Maintenance

March 2, 2020

Royal Dutch Shell's Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalized, a spokesman said. Shell operates the offshore field via its Nigerian subsidiary SNEPCo.


Go-ahead for Van Gogh Infill Phase 2

March 2, 2020

Australian energy company Santos announced a Final Investment Decision (FID) had been made on the Van Gogh Infill Development Phase Two Project, which will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback into existing infrastructure.

web AdobeStock_163822071.jpg

Total Aims to Grow Brazilian Oil Production

March 2, 2020

French oil company Total plans to invest between $600 million and $700 million per year in Brazil for oil exploration and production through 2024, newspaper Valor Economic  reported on Monday. Total's global chief for oil and exploration, Arnaud Breuillac…

Teekay Petrojarl Knarr 2.jpg

FPSOs: The New Business Model

February 28, 2020

As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil…


Wood to Design Chevron's Anchor Offshore Platform

February 28, 2020

Engineering company Wood has secured a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED)…


Coronavirus to Cut 2020 Oil, Gas Spend by $30B

February 28, 2020

The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday.

0 (1).jpg

Yinson: Abigai-Joseph FPSO Sets Sail for Nigeria. First Oil in May

February 28, 2020

Malaysian FPSO leasing company Yinson has informed that its FPSO Abigail-Joseph has set sail from Singapore to Nigeria, where it will be deployed at First E&P offshore oil fields. The FPSO, previously named Allan, has recently been upgraded by Keppel in Singapore…


Operators Could Soon Pay More for FPSOs

February 27, 2020

Amid a raft of February orders and near-orders for floating production storage and offloading vessels, or FPSOs, comes a new report suggesting those shipyards and engineers able to piece them together may soon be feeling the strain. "The strong pace of recent orders has a downside…


Eni Boosts Agogo Field Reserves Estimate to Over 1 Billion Barrels

February 27, 2020

Italian oil company Eni has upgraded its resource estimate for the Agogo field offshore Angola to over one billion barrels of oil in place. The field started production in January 2020. Eni said Wednesday it had successfully drilled Agogo-3…

Armada Claire.jpg

Bumi Armada to Appeal Ruling in FPSO Case with Woodside

February 27, 2020

Malaysian FPSO leasing company Bumi Armada will appeal a recent court decision in which it lost a case against Woodside concerning an FPSO contract termination from 2016. Woodside terminated the contract in 2016 for the FPSO, which was at the time operating at the Balnaves Field…

Liza FPSO.jpg

Guyana Seeking Partner to Market Its Oil

February 26, 2020

Guyana's government on Wednesday launched a search for a company to market its share of crude produced at the offshore Liza well, where an Exxon Mobil Corp-led consortium began producing oil in December. The government is entitled to a share of the oil produced…

Abigail Joseph FPSO.jpg

Keppel Breaks FPSO Conversion Record

February 26, 2020

Singapore's offshore facilities builder Keppel has said it has delivered "the world’s fastest brownfield Floating Production Storage and Offloading vessel (FPSO) modification and upgrading project." Named FPSO Abigail-Joseph, the vessel was delivered to Malaysia's Yinson Holdings.

Santos Ningaloo Vision.jpg

Premium for Van Gogh Crude Falls as VLSFO Market Weakens

February 26, 2020

Australia's Santos Ltd has sold a 175,000-barrel cargo of Van Gogh crude loading March 29-April 2 to trading house Vitol at a premium of $15-$16 a barrel to dated Brent, well below the last traded level, three sources familiar with the deal said on Thursday.

Ghana Expects Aker Energy's FID on Pecan 'Within Two Months'.jpg

Ghana Expects Aker Energy's FID on Pecan 'Within 1-2 Months'

February 25, 2020

Ghana expects Norway's Aker Energy to make a final investment decision in the near future regarding the West African country's planned Pecan oilfield development, Ghana's President Nana Akufo-Addo said on Monday. The government has been frustrated…

Total:2100 Returned:21