South Korean shipbuilder Samsung Heavy Industries has scrapped a contract for the construction of a floating production storage and offloading unit (FPSO). The shipyard on Friday said it had terminated the 987.6 billion Korean won ($773.7 million) contract of Thursday, December 1. According to Samsu
The naming ceremony for the floating production offloading and storage (FPSO) unit Pioneiro de Libra took place on Friday, December 2 at Sembcorp Marine’s Jurong Shipyard in Singapore where the conversion of the Libra FPSO has been taking place since 2014. The FPSO is owned through a 50/50 joint ven
ABB, power and automation technology group, has installed a prefabricated solution for the electrical system on a floating production storage and offloading unit being built in Singapore. Upon completion, the Modec-built FPSO Cidade de Campos dos Goytacazes MV29 will be deployed at the deepwater Tar
Hurricane Energy, a UK-based oil and gas company, has signed heads of terms with Bluewater Energy Services for the use of the Aoka Mizu floating production storage and offloading vessel (FPSO) on the company’s Lancaster field, West of Shetland. Hurricane informed on Monday it intends to use the Aoka
Norwegian FPSO supplier BW Offshore has been informed by Statoil and Petronas that the contracts for two FPSO units will not be extended and will run out next year. On top of this, the company has initiated arbitration against a client who is not paying an FPSO lease. All this was revealed by BW Off
Malaysia’s FPSO provider Bumi Armada has shared a photo of the floating, production, storage and offloading (FPSO) unit meant for the Kraken field development beginning its journey from Singapore to its North Sea location. The caption is convenient: “Release the Kraken!” According to Bumi Armada, th
Mozambique’s state-owned energy firm Empresa Nacional de Hidrocarbonetos (ENH) has given its approval for the financing of the development of the Coral south FLNG project. The approval comes less than a week after Italian oil and gas firm Eni, which is the operator of the Coral offshore gas discover
The video above, shared by the UK oil giant BP, shows the giant Glen Lyon FPSO from the bird’s-eye perspective. Replacing the original Schiehallion FPSO, the 270-meter Glen Lyon FPSO, moored in the North Sea west of the Shetland Islands, is getting ready for a start of production from the Quad204 of
Following last week’s approval of the financing of the Coral FLNG development by Eni’s board of directors, the company’s CEO paid a visit to Mozambique. According to Eni, CEO Claudio Descalzi met the president of Mozambique Filipe Jacinto Nyusi in Maputo. During the meeting, Descalzi outlined the pr
EnQuest, a UK-based E&P company, has informed that the FPSO unit meant for the Kraken field development will sail away from Singapore to its North Sea location ‘in the coming days’. The harsh-environment floating, production, storage and offloading (FPSO) vessel Armada Kraken, named in August 2016,
The board of directors of the Italian oil and gas company Eni has approved the investment plan for the Coral South FLNG project offshore Mozambique. The decision follows the approval of the Plan of Development for the Coral discovery, offshore Mozambique, given in February this year. The plan of dev
Petronas’ first floating liquefied natural gas (LNG) facility PFLNG SATU achieved its first gas milestone on November 14, 2016, at the Kanowit gas field, offshore Sarawak, Malaysia. The introduction of gas from the KAKG-A central processing platform at the field ignited the PFLNG SATU flare tower at
A joint venture company has been established to develop the Fortuna FLNG project, in Ophir-operated Block R, offshore Equatorial Guinea, with final investment decision (FID) targeted for the first half of 2017. Ophir Holdings & Ventures LTD, a wholly owned subsidiary of Ophir Energy, and OneLNGSM, a
Dutch provider of floating production storage and offloading (FPSO) units to the offshore oil and gas industry, SBM Offshore, has been selected by EDF Energies Nouvelles (EDF EN) to provide floating wind systems solution for a pilot project offshore France. As a part of the French government’s turn
