Chevron has canceled the order for an FPSO unit that was slated for the development of the Rosebank field in the UK North Sea. According to Hyundai Heavy Industries, Chevron sent a termination notice on Tuesday, December 13, for the 2.3 trillion Korean Won order. Converted to U.S. dollars, the order
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
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
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,
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
Oil and gas company EnQuest has reported that the Floating, Production, Storage and Offloading (FPSO) vessel for the Kraken development has left Keppel Offshore & Marine’s shipyard in Singapore heading to deepwater anchorage. According to an update from EnQuest on Monday, the vessel, named Armada Kr
Bluewater, a provider of floating production storage and offloading (FPSO) vessels, has been awarded a one-year contract extension for the FPSO Bleo Holm. The FPSO Bleo Holm has been working for Repsol Sinopec Resources UK, previously Talisman Energy, in the UK sector of the North Sea since 1999. Th
Swedish engineering company Trelleborg has supplied a selection of bearing solutions for the world’s first floating liquefied natural gas (FLNG) project – Shell’s Prelude FLNG. Trelleborg said on Thursday that its engineered products operation manufactured and delivered 52 vertical elastomeric beari
Italian oil giant, or in this case gas giant, Eni, has made a major step ahead of the expected final investment decision for the development of the giant Coral gas field offshore Mozambique. Namely, Eni and its partners in the Area 4 concession have managed to find a major customer for the gas to be
UK’s offshore services provider Petrofac has reportedly completed the takeover of the Lewek Emas FPSO. The sale of the FPSO was previously agreed in principle, between Emas Offshore and PetroFirst. PetroFirst is a joint venture between First Reserve, a global, private equity and infrastructure inves
A Malaysian news website has issued a report claiming that that FPSO provider Bumi Armada is still in talks with the UK oil company EnQuest regarding a $65 million refund and liquidation damages claim by EnQuest due to a delay in delivery of the Armada Kraken FPSO. The Malaysian company, however, ha
Bluewater Shipping, a provider of floating production storage and offloading units for the international offshore oil and gas industry, reported a raise in net profit of the first half of 2016. The company’s profit after tax was $43.6 million, up from $1.2 million for the corresponding period of 201
