Stories
Refine Search
-
Company
Regulator Lays Charges Over 2018 Canada Oil Spill
The Canada-Newfoundland Offshore Petroleum Board said on Tuesday that it has laid three charges following a 2018 oil spill off Canada's Atlantic Coast. The board said it laid the charges against Husky Oil Operations Limited for the spill in the White Rose Field.
VIDEO: Guyana-bound Prosperity FPSO Enters Drydock in Singapore
The hull of the Prosperity FPSO has recently arrived from China where it was built to Singapore where Keppel will mate it with topside modules, after which the vessel will set sail for Guyana, to become the South American country's third FPSO in production.
Occidental Sells Stakes in Jubilee and TEN Fields Offshore Ghana
Occidental Petroleum Corp agreed to sell its interests in two Ghana offshore fields for $750 million to Kosmos Energy and Ghana National Petroleum Corp, the oil and gas producer said on Wednesday, as it looks to cut the debt it took on with its purchase of Anadarko Petroleum.
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
4Subsea to Monitor Steel Catenary Risers on Giant FPSO in Brazil
4Subsea, a provider of tech solutions for the offshore energy industry, has secured a service agreement to monitor steel catenary risers on the Bacalhau field FPSO, offshore Brazil. The field, in Brazil's Santos Basin, is operated by Norway's Equinor.
VIDEO: SBM Offshore's LNG2Wire Floater Concept
SBM Offshore, one of the world's largest suppliers of floating, production, storage, and offloading (FPSO) vessels for the offshore oil industry, is looking at ways to diversify its offering, with a more dominant role predicted for gas in the future.
Petronas' FLNG Satu Delivers 50th LNG Cargo
Malaysian oil and gas firm Petronas said Tuesday its floating LNG Unit Satu had delivered its 50th LNG cargo. "The milestone cargo was successfully loaded on September 25, 2021, onto the Seri Cemara LNG carrier operated by MISC Berhad for shipment to Taiwan," Petronas said.
Hurricane Energy Expects Lancaster Field to Deliver at Upper End of 2021 Output Guidance
Hurricane Energy, the operator of the Lancaster field west of Shetland, has said that the annual output from the field would be at the upper end of the 8,500 - 10,500 bopd guidance. The company issued output guidance on Wednesday, taking into…
BW Offshore Orders VIKING Lifeboats for Australia-bound FPSO
Offshore safety equipment provider VIKING has said it has won a contract with FPSO supplier BW Offshore to deliver has selected VIKING Norsafe free-fall lifeboats, daughter craft, and davits for a large FPSO project which will operate off northern Australia.
Altera's Petrojarl Knarr FPSO Pilots DNV ABATE Class Notation
Classification society DNV has introduced the new ABATE class notation, to assist the owners and operators of offshore floating installations to identify and implement measures to reduce greenhouse gas (GHG) emissions. The ABATE notation provides…
Number of Production Floater Contracts in Near-term Queue at Record High
Crude prices have climbed to the upper-$70s, sustained by continued demand growth and the OPEC+ production curtailment agreement. Excess oil inventory has largely been eliminated, natural gas supply shortages have appeared in Europe and LNG prices have soared.
Eni Brings Online Another Oil Field in Angola via Armada Olombendo FPSO
Italian oil giant Eni has kicked off production from Cabaça North deepwater oil field located in Block 15/06 offshore Angola. The field has been developed as a tie-back to the Armada Olombendo FPSO. The Cabaça North development, with an expected peak production rate in the range of 15 kbopd…
New Fortress Energy Charters Höegh Gallant FSRU
Höegh LNG Partners has entered into an agreement with a subsidiary of New Fortress Energy for the charter of the Höegh Gallant for FSRU operations for a period of ten years, with a planned start-up during the fourth quarter of 2021. New Fortress Energy will deploy the FSRU in Jamaica.
BW Offshore's Barossa FPSO JV Gets Regulatory Approval
FPSO supplier BW Offshore has received regulatory approvals for the Joint Venture Partnership consisting of BW Offshore Limited, ICMK Offshore Investment Pte Ltd, and Macquarie Bank Limited for the Barossa FPSO project. As previously informed…
SBM Offshore Gets $635M Loan for FPSO Almirante Tamandaré Construction
Dutch FPSO provider SBM Offshore has secured a US$635 million bridge loan facility for the financing of the construction of FPSO Almirante Tamandaré, one of the world's largest FPSOs. SBM Offshore said Friday that it had secured the loan by…
TMC to Deliver Compressors for Woodside's Sangomar FPSO
Oslo-based offshore compressor firm TMC Compressors has won a contract to supply the marine compressed air system for Woodside's Sangomar FPSO, to be deployed offshore Senegal. TMC will deliver a large marine compressed air system to the FPSO…
Karoon Eyes Growth in Brazil with Own Oil Fields, Acquisitions
Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday.
SBM Offshore Completes $1.6B Project Financing for FPSO Sepetiba
Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history. FPSO Sepetiba, formerly known as Mero 2…
SBM Offshore's Liza Unity FPSO Receives ABS SUSTAIN-1 Notation
SBM Offshore's Liza Unity FPSO, which last week set sail from Singapore en route to Guyana, has been awarded the SUSTAIN-1 notation by classification society ABS – the first FPSO in the world to receive it. According to ABS, the SUSTAIN-1 notation…
BW Offshore In Barossa FPSO Equity JV Partnership
FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia. Earlier this year Santos and BW Offshore…
Sembcorp Marine Wins Dorado FPSO FEED Deal with Altera
Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia. Dorado.
VIDEO: Guyana's Second FPSO Sets Sail from Singapore
Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana. Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…