FPSO specialist BW Offshore is forming an oil and gas company, and is buying a stake in an offshore block in Gabon. The provider of floating production units has formed a joint venture company with BW Group, known as BW Energy Holdings Pte. Ltd. (“BWEH”), for the purpose of pursuing oil and gas inte
ExxonMobil has awarded a contract to SBM Offshore to supply an FPSO unit for its giant Liza discovery offshore Guyana. According to ExxonMobil, this floating production storage and offloading vessel deal marks a key step in moving the Liza field toward first production. SBM Offshore, the world’s lar
Shell has shared a video representing several milestones achieved in 2016 during the construction of its giant Prelude FLNG project. The company is building the floating LNG unit in South Korea. Once complete it will be moved offshore W. Australia where it will produce gas from the Prelude field, an
Australia’s Programmed has been awarded a contract by Technip Oceania for the provision of support services on the Prelude FLNG project. The company specialzing in providing staffing, maintenance, and facility management services, will provide manning and logistical support to Technip during hook‐up
French oilfield services provider Technip has been awarded an engineering and project management services contract by Shell in Australia. This contract will provide multi-disciplinary engineering and design services in support of the Prelude FLNG project and will allow the smooth delivery of brownfi
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
Eni’s floating production storage and offloading (FPSO) vessel Armada Olombendo has arrived at its final destination on Block 15/06 offshore Angola. The vessel was built by Keppel’s shipyard in Singapore for the Malaysian FPSO operator Bumi Armada, and chartered to the Italian oil company Eni. Eni n
This Friday seems to be about Floating LNG news. Following the news that Petronas has produced first LNG from its first FLNG unit in Malaysia, and that CHC will provide more helicopters for Shell’s large Prelude FLNG project in Australia, there’s more on FLNG. Namely, Japan’s JGC Corporation has rec
Teekay has posted a video on Thursday showing the conversion of the Brazil-bound FPSO Pioneiro de Libra, sharing some interesting numbers. The company said that the Pioneiro de Libra FPSO conversion required a project team of 162 people, a commissioning team of more than 40 people and more than 3000
CHC Helicopter, a provider of offshore helicopters for offshore oil and gas industry, will provide three additional aircraft for Shell’s Prelude FLNG project. CHC Group said on Thursday that three new Sikorsky S-92 aircraft will be serving Shell’s Prelude floating liquefied natural gas (FLNG) projec
Malaysian oil and gas company Petronas has reported that the floating LNG (FLNG) unit SATU produced its first LNG from the Kanowit gas field, offshore Sarawak on December 5, 2016. PFLNG SATU made its 2,120 nautical mile journey from Okpo, South Korea to the Kanowit gas field in May this year for the
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