Search results for: FPS

8818 results

A list of search results

  • 4 January 2016
    Project & Tenders

    LLOG Exploration Company’s Delta House floating production system (FPS) at Mississippi Canyon 254 in the U.S. Gulf of Mexico has achieved its nameplate oil capacity of 80,000 barrels of oil per day. The American independent deepwater exploration company LLOG said that it recently brought the ninth well on production several weeks ahead of schedule and […]

  • 24 October 2014
    Business & Finance, Equipment, Operations & Maintenance

    LLOG Bluewater (LLOG), a joint venture between LLOG Exploration L.L.C. and Blackstone Energy Partners and its affiliates, has successfully installed its Delta House floating production system (FPS) in Mississippi Canyon 254. The FPS is now permanently moored and ballasted down to working depth. The full complement of production operations crew plus construction and commissioning personnel […]

  • 10 November 2017

    Following a harrowing 2016 when not a single FPS unit was ordered, this year, 2017, has seen the FPS market return.

  • 10 May 2013
    Business & Finance

    Projects FPS – a division of FPS Sri Lanka, one of the country’s leading project forwarders – has handled the urgent shipment of six giant wind turbines from India, to a site 200km inland from the port of Colombo. The shipment – for Naladanavi Pvt Ltd, the largest private sector power supplier in Sri Lanka […]

  • 9 October 2014

    LLOG Exploration, a U.S.-based oil and gas exploration and production company, has announced that Delta House FPS system arrived on location in the U.S. Gulf of Mexico.

  • 5 October 2012
    Business & Finance

    MISC has entered into a conditional Share Purchase Agreement (SPA) with E&P Venture Solutions Co Sdn. Bhd. (EPV), a wholly owned subsidiary of PETRONAS Carigali Sdn. Bhd. (PCSB), in relation to a proposed disposal of 50% equity interest in Gumusut-Kakap Semi-Floating Production System (L) Limited (GKL). The proposed share disposal entails the disposal of 305,700,001 […]

  • 8 April 2020
    Business developments & projects, Infrastructure

    UK’s Ineos has decided to postpone its planned shutdown of the Forties pipeline system until the spring of 2021.

  • 2 March 2015
    Business & Finance

    The Rotterdam-based neutral consolidator FPS Famous Pacific Shipping has launched a new, weekly ocean LCL Rotterdam-St. Petersburg-Rotterdam general cargo service, the Port of Rotterdam Authority reports. The service provides an alternative to the traditional routing via Vilnius, and reportedly cuts transit times from fifteen to four days. The service is fully monitored, and customers can track […]

  • 25 April 2013

    Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related utilization of major offshore fabrication shipyards to record levels. […]

  • 4 July 2013
    Business & Finance

    A semi submersible floating production system for Malaysia’s Gumusut-Kakap deepwater field has been successfully delivered to be installed at the project development site offshore Sabah. The Gumusut-Kakap field is Malaysia’s second deepwater development after the Kikeh oil field, also offshore Sabah. The semi-FPS, the largest of such facility in the world to have been fully […]

  • 25 April 2013

    Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related utilization of major offshore fabrication shipyards to record levels. […]

  • 9 March 2015

    The low oil price is having major impact across the oil & gas industry, said Douglas-Westwood in its DW Monday Report. However, DW’s recently released World Floating Production Market Forecast 2015-2019 expects capital expenditure on FPS units to total $81 billion between 2015 and 2019. While many industry participants may consider this surprising due to […]

  • 15 September 2017

    Serica Energy, a partner in the Chevron-run Erskine field in the UK sector of the North Sea, is going to have to wait more than previously anticipated to restart production from the field. The company on Friday said it had been advised by the operator of the Lomond platform – Chrysaor – of a further a […]

  • 3 April 2017
    Project & Tenders

    BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to Ineos. The company entered into discussions with Ineos regarding a potential sale of the FPS in March this year. Subject to partner, regulatory and other third party […]

  • 18 October 2019

    Ineos has reopened the Forties Pipeline System, which carries the North Sea oil and gas to shore, following a shutdown caused by a loss of power at Cruden Bay. 

  • 25 April 2013
    Business & Finance

    Over the next five years, Quest expects an 88% growth in floating production system (FPS) award levels illustrating a strong resurgence of investment in high-capital, major deep water developments. This growth coupled with current high levels of offshore rig construction will buoy oil & gas related utilization of major offshore fabrication shipyards to record levels. […]

  • 17 March 2017

    UK oil major BP is in talks with chemicals company Ineos for the sale of its Forties pipeline in the UK sector of the North Sea.  The Forties Pipeline System (FPS) is 100%-owned by BP. It is an integrated oil and gas liquid transportation and processing system with a nominal capacity in excess of one million […]

  • 27 April 2012
    Business & Finance

    FPS Hong Kong – one of the founder members of the Famous Pacific Shipping Group forwarding and logistics network – is launching a new direct ocean groupage service to Honolulu, Hawaii that reduces traditional costs and transit times. The new service will commence in late April, and initially offer fortnightly sailings. It will cut transit […]

  • 17 March 2017
    Equipment

    BP has entered into discussions with Ineos regarding a potential sale of the Forties Pipeline System (FPS). The FPS system comprises an approximately 100 mile offshore pipeline from the unmanned offshore Forties Unity platform to the onshore terminal at Cruden Bay. The second part of the system is an onshore pipeline which transports the oil to […]

  • 3 July 2013
    Business & Finance, Equipment, Project & Tenders

    Deepwater mooring specialist, First Subsea has been awarded a contract by LLOG Exploration to supply the subsea mooring connectors for the Delta House semi-submersible floating production system (FPS) in the Gulf of Mexico. The FPS will be located in Mississippi Canyon 254 in 4,500ft (1,373 m) water, and accommodate production from a number of nearby […]

  • 3 April 2017
    Equipment

    UK’s largest union, Unite, has called for the Scottish and Westminster parliaments to carry out urgent inquiries into the sale of the Forties Pipeline System (FPS) from BP to Ineos.  BP confirmed on Monday the sale of FPS assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities to Ineos for a […]

  • 17 April 2015
    Exploration & Production, Project & Tenders

    LLOG Exploration Company, L.L.C. (LLOG) initiated production from the Delta House floating production system (FPS) at Mississippi Canyon 254, in the Gulf of Mexico, in 4500 feet of water. LLOG’s Gulf of Mexico joint venture partner is Blackstone Energy Partners, and its co-owners, the entities managed by Ridgewood Energy (which includes Riverstone designated ILX affiliates), […]