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Infrastructure

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FPSOProject & TendersBusiness & FinanceExploration & Production
Africa’s first FLNG unit in place. Production to start by 2017 end
Infrastructure

Africa’s first FLNG unit in place. Production to start by 2017 end

World’s first converted FLNG unit, and soon to be Africa’s first FLNG unit producing LNG from an offshore gas field, has reached its final location in Cameroon, after a long journey from Singapore.

about 8 years ago
EnQuest: Kraken oil production reaches 40.000 barrels a day
Infrastructure

EnQuest: Kraken oil production reaches 40.000 barrels a day

The EnQuest-operated Kraken development in the UK North Sea has been producing “above expectations” with production reaching 40,000 bopd in November.

about 8 years ago
SBM Offshore to pay $238M as U.S. subsidiary pleads guilty for bribery
Infrastructure

SBM Offshore to pay $238M as U.S. subsidiary pleads guilty for bribery

SBM Offshore USA, a subsidiary of world’s largest FPSO provider SBM Offshore, has pleaded guilty for charges of bribing foreign officials in Brazil, Angola, Equatorial Guinea, Kazakhstan and Iraq in violation of the Foreign Corrupt Practices Act (FCPA). The U.S. Department of Justice said on Thursda

about 8 years ago
Yinson, THEE in talks over Layang FPSO takeover
Infrastructure

Yinson, THEE in talks over Layang FPSO takeover

Malaysia’s Yinson is set to take over the Layang FPSO contract THHE has with Japan’s JX Nippon. TH Heavy Engineering Berhad, which is building the FPSO, has applied to a Malaysian court to allow it novate the contract and deliver the vessel to Yinson. Yinson has confirmed this in the Bursa Malaysia

about 8 years ago
Giant Libra oil field in Brazil starts production
Infrastructure

Giant Libra oil field in Brazil starts production

French oil company Total has announced first oil from the Libra mega-field, located in ultra-deep waters 180 kilometers offshore Rio de Janeiro

about 8 years ago
DOF vessel starts IMR contract on Shell’s Prelude FLNG
Infrastructure

DOF vessel starts IMR contract on Shell’s Prelude FLNG

DOF-operated multi-purpose offshore vessel Skandi Darwin, formerly known as Olympic Commander, has started its contract on the Shell-operated Prelude project in Australia.

about 8 years ago
BW Offshore returns to quarterly profit
Infrastructure

BW Offshore returns to quarterly profit

FPSO operator BW Offshore returned to profit during the third quarter of the year. Namely, according to the company’s financial report on Friday, net profit for the 2017 quarter was $3.9 million compared to a loss of $11.2 in the third quarter of 2016. BW Offshore’s operating revenues for the quarte

about 8 years ago
Ophir’s Fortuna FLNG FID spills over into 2018?
Infrastructure

Ophir’s Fortuna FLNG FID spills over into 2018?

Ophir will most likely not be making a final investment decision for its Fortuna FLNG project in Equatorial Guinea in 2017. Despite its recent claim it still expected the FID of the Fortuna project to be achieved in 4Q 2017, this now seems unrealistic. Namely, the company has now agreed a one-year e

about 8 years ago
BW Offshore wins FPSO extension off New Zealand
Infrastructure

BW Offshore wins FPSO extension off New Zealand

BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Umuroa.

about 8 years ago
UK: First oil flows from Dana’s Western Isles development
Infrastructure

UK: First oil flows from Dana’s Western Isles development

Dana Petroleum has announced first oil from its Western Isles development in the UK sector of the North Sea.

about 8 years ago
Singapore reclaiming the throne in offshore shipbuilding
Infrastructure

Singapore reclaiming the throne in offshore shipbuilding

November 20, 2017 – Singaporean shipyards have held an influential position in the offshore shipbuilding world for years. Now they’re upping their game even more.

about 8 years ago
Premier Oil getting ready for Catcher first oil in December
Infrastructure

Premier Oil getting ready for Catcher first oil in December

UK oil and gas company Premier Oil has confirmed the first oil from its Catcher field in the North Sea remains on schedule for December.

about 9 years ago
Petrobras: Pre-salt output falls over FPSO shutdowns
Infrastructure

Petrobras: Pre-salt output falls over FPSO shutdowns

Petrobras produced less oil and natural gas from the pre-salt layer in October than it did during September due to maintenance shutdowns on two FPSOs.

about 9 years ago
Octanex: First oil flows at Ophir field (Malaysia)
Infrastructure

Octanex: First oil flows at Ophir field (Malaysia)

Octanex has achieved first oil from its Ophir field, offshore Malaysia.

about 9 years ago
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