Stories

ABB Wins Third Ichthys FPSO Major Contract

April 9, 2013

ABB appointed main electrical contractor (MEC) for a new floating production, storage and offloading (FPSO) vessel at the Ichthys oil & gas field in the Timor Sea off Western Australia. The order is worth $30 million and was awarded by the engineering…

BW Offshore Extend FPSO Nigerian Contracts

April 8, 2013

BW Offshore has agreed an extension for their FPSO's 'Abo' and ''. The extension for Abo is with Nigerian Agip Exploration Ltd of nine months. and for Sendje Berge with Addax Petroleum Exploration Ltd of three months. These extensions have been…

Wärtsilä to Design & Power New OSV's

April 8, 2013

Wärtsilä awarded a major contract to design a series of four multi-purpose platform support vessels (MPSVs) for Malaysian owner. The contract has been placed by Bumi Armada Berhad, a Malaysian-based international offshore oilfield services provider…

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 Free Trial

Six Mile Deep GoM Oil Strike

March 26, 2013

Chevron Corporation has announced an oil discovery at the Coronado prospect in the deepwater U.S. Gulf of Mexico. The Walker Ridge Block 98 Well No. 1 encountered more than 400 feet (122 m) of net pay. The well is located approximately 190 miles (308 km) off the Louisiana coast in 6…

BP's Deepwater Brazil Flow Test Successful

March 25, 2013

BP announce that it has completed a successful flow test of the Itaipu-1A discovery well, offshore Brazil. The drill stem test was the latest activity in the ongoing appraisal programme at the BP-operated Itaipu discovery. The well test achieved flow rates of up to 5…

Who Dat Field Subsea Order for FMC

March 22, 2013

FMC Technologies wins a subsea equipment order from LLOG Exploration for the curiously named Gulf of Mexico field. The project is located in the Gulf of Mexico Mississippi Canyon Block 503 in water depths of approximately 3200 feet (975 meters).

ABB Main Electrical Contractor for Ichthys Offshore Project

March 22, 2013

ABB appointed main electrical contractor for new semi-submersible central processing facility (CPF) at Ichthys oil & gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering…

Mercator Lines Reduce Liabilities in Challenging Market

March 22, 2013

Mercator Lines (Singapore) Indian-owned international dry bulk shipping company cuts short charters, sell a ship. The sale of the vessel Sri Prem Putli was concluded on 21st March, 2013 resulting in net proceeds of USD 44.4 million. The proceeds…

Singapore's Mercator Lines Sell off Subsidiary

March 18, 2013

Mercator Lines has signed a share purchase agreement for the sale of its 81% stake in Target Ship Management. The sale of its 81% stake in the Company comprised 426 ordinary shares and realised SGD 128,709.00 in cash. Following the disposal…

Kvaerner Wins EPC Contract for Hebron GBS Project

March 12, 2013

ExxonMobil Canada Properties has released the option for Kvaerner's joint venture company Kiewit-Kvaerner Contractors to provide the full scope of engineering, procurement and construction (EPC) services for the Hebron Project gravity based structure (GBS).

SCR Detailed Design Contract for 2H Offshore

March 4, 2013

2H Offshore Inc., an Acteon company, awarded a Steel Catenary Riser (SCR) detailed design project with LLOG Exploration Company. The scope of work includes the provision of detailed design of the production and export SCRs tied back to the Exmar…

Coast Guard to Accept DNV Surveys on GoM Floater

February 28, 2013

DNV's contract for classification & CVA (Certified Verification Authority) for Delta House floater marks new era of choice in the Gulf of Mexico. DNV has been awarded the classification contract for a new build floating production semi-submersible platform for the GoM.

Ship Sale Pays Off Mortgage, Compensates Charter Termination

February 7, 2013

Mercator Lines (Singapore) agrees to sell its 279,022 dwt  VLOC 'Sri Prem Putli'. The vessel was built in 1993 and converted from Very Large Crude Carrier (VLCC) to Very Large Ore Carrier (VLOC) in 2009. The Vessel is expected to be delivered to its buyers in March 2013.

Seawork Expands for 2013 Event

January 21, 2013

Seawork, the commercial marine industry exhibition and conference (ABP Port of Southampton UK, 25-27 June 2013; www.seawork.com), has expanded into a third hall, due to increased demand for stands from exhibitors. At the close of 2012, Hall A was completely sold out…

South China Sea Energy Exploration by Chevron

January 17, 2013

Chevron Corporation's China subsidiary signs production sharing contracts for exploration blocks in the Pearl River Estuary, South China Sea. Chevron's agreement is with China National Offshore Oil Corporation (CNOOC). Under the PSC agreements…

FPSO Mooring Inspection Contract for Welaptega

January 17, 2013

Welaptega Marine awarded contract for a mooring inspection & fitness for purpose evaluation on 'Dhirubhai-1' floating production storage & offloading (FPSO) vessel. The Dhirubhai-1 floating production storage and offloading (FPSO) facility is located in the Bay of Bengal…

Mercator Lines (Singapore) Terminate Ship Charters Early

January 1, 2013

Mercator Lines (Singapore) agree early termination & settlement agreements with owners of bulkships 'Chaitali Prem' & 'Chanchal Prem'. Briefly, the existing charter of M.V. “ Chaitali Prem ” ends on or about 31 August 2014. Under the terms of the relevant Early Termination Agreement…

Chevron Strike Gas Offshore Western Australia

December 27, 2012

Natural gas deposits discovered in two locations by Chevron Australia's deepwater drilling exploration program in the Carnarvon Basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands.

Indian FPSO Finance Secured by Malaysian Operator

December 19, 2012

Bumi Armada Berhad secures syndicated Indian banks term loan facilities of up to US$276.4-million for FPSO 'Armada Sterling'. Malaysia-based international offshore oil and gas services provider, company Bumi Armada Berhad announced today that its jointly controlled entity, Armada D1 Pte. Ltd.

Pacific Drilling Charters Out 'Pacific Khamsin'

November 16, 2012

Pacific Drilling's ultra-deepwater drillship the 'Pacific Khamsin' contracted by a subsidiary of Chevron Corporation for operations in West Africa. The minimum duration of the contract is for an initial two-year term, with contract commencement expected by end of the third quarter of 2013.

World's First Buoyant Tower Set Offshore Peru

October 1, 2012

Horton Shallow Water Development's (SWD) CX-15 buoyant tower has been set as planned for BPZ Energy off the coast of Peru. The Buoyant Tower concept draws on the proven technology of the cellspar and the design provides multiple benefits for…

Total:1673 Returned:21