The Dung Quat Shipbuilding Industry Company has signed with American Bureau of Shipping (ABS) a contract under which the US firm will supervise the shipyard's building process of three oil tankers. Under the $400,000 contract, ABS, one of the world's leading ship classification societies, in collaboration with the Vietnam Register Agency will send its supervisors to the shipyard to supervise the quality of all stages to build the oil tankers, which will begin at the end of this month, said Dinh Tien Dung, Deputy Director of the Dung Quat shipyard. The first oil tanker with capacity of 104,000 DWT is expected to be handed over to the Vietnam Oil and Gas Corporation by mid 2008, helping meet the demand for the transport of materials and products for the Dung Quat Oil Refinery, the first of its kind in the country which is now under construction in central Quang Ngai province. (Source: http://english.vietnamnet.vn
Oslo-based FPSOcean acquired shuttle tanker Nordic Laurita and Aframax tanker Semakau Spirit for conversion into deepwater, dynamically positioned floating production, storage and offloading vessels (FPSO). FPSOcean is seeking to develop a fleet of four to six deepwater FPSOs over a period of the next five to six years. The 68,139-dwt Nordic Laurita, which was built in 1981, will be renamed the DeeP Producer 1. The vessel is undergoing its conversion into an FPSO at Dubai Drydocks in the
Constructed in China at the Qiu Xin Shipyard in Shanghai, Maria Desgagnes is a state-of-the-art double-hulled, ice class 1A, type 2 oil and chemical tanker, which is able to transport 12 different types of cargo at once. Featuring a total capacity of 15,570 cu. m., the vessel measures 394 x 69 ft. (120 x 21 m) requiring an investment of more than $35 million. The vessel is chartered by Petro-Nav, a subsidiary introduced by Groupe Desgagnes in 1996 with two other shareholders - Nicolas
Jurong Shipyard Pte Ltd, a subsidiary of SembCorp Marine has completed construction of the 356,400 dwt Floating Production Storage Offloading (FPSO) Fluminense for MODEC International LLC. Measuring 363m x 61m x 29m, the 356,400 dwt FPSO Fluminense has a production capacity of 81,000 barrels of oil per day and a storage capacity of 1.2 million barrels of oil. The conversion of this Ultra Large Crude Carrier (ULCC),
The Chinese firms, China National Offshore Oil Corporation ( CNOOC) and China National Petroleum Corporation (CNPC), have a 10 percent stake each, with Shell and Total taking 20 percent each, and Petrobras the remaining 40 percent share. The Libra block is located in Santos Basin ultra deep waters in the pre-salt polygon and is considered a prospect of high potential. The total extension of the area is 1,547.76 km2 and was discovered by well 2-ANP-0002ARJS, drilled in 2010.
Gazprom says it has started producing oil from the Prirazlomnoye field, which is the first Russian project for developing the Arctic shelf and the commencement, they say, of their large-scale activities aimed at creating a large hydrocarbon production center in the region. The Prirazlomnoye oil field [scene of an earlier Greenpeace protest] is located in the Pechora Sea, 60 kilometers off the shore. The recoverable oil reserves amount to 71
Wärtsilä Corporation won a contract to supply a 31.5 MW diesel power plant for a floating production, storage and offloading (FPSO) vessel for the Mutineer-Exeter field of Santos Ltd off the north west coast of Australia. The plant has been ordered by MODEC Inc of Tokyo, Japan, a leading designer and supplier of FPSO vessels, floating storage and offloading (FSO) vessels and tension-leg platforms for the world oil and gas industry
On 8 July the StatoilHydro Houston subsidiary received first oil and gas from the Murphy Oil-operated Thunder Hawk field in the US Gulf of Mexico. The Thunder Hawk field production unit has a production capacity of 45,000 barrels of oil per day and 70 million cubic feet of natural gas per day (approximately 0.7 BCM per year). With the Tahiti production received in May, StatoilHydro has more than doubled its production from the Gulf of Mexico in a few months.
Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver its latest Floating, Production, Storage and Offloading (FPSO) project, Armada TGT 1, to Bumi Armada Berhad (Bumi Armada). Nelson Yeo, MD of Keppel Shipyard, said, "We would like to thank our valued customer Bumi Armada for entrusting Keppel Shipyard with the conversion of all their FPSOs. "The success of any complex conversion project depends on the trust and teamwork between a shipyard and its customers
The environmental protest icebreaker 'Arctic Sunrise' has sailed back into Dutch territorial waters after over 300 days in Russian custody. The ship had been held illegally since taking part in a peaceful direct action against state owned oil company Gazprom, as it tried to drill the world’s first oil well in icy Arctic waters, says Greenpeace. Several members of the so called ‘Arctic 30’ were there to greet the ship and boarded the vessel in Beverwijk, near Amsterdam.
Brazil's state-run oil company Petrobras is offering up to a quarter of its 40 percent stake in the huge Libra offshore oil prospect as its seeks to reduce the largest debt in the global oil industry, two industry sources said on Tuesday.
Petrobras plans to reduce its 40 pct stake in Libra field. Brazil's state-run oil company Petrobras is offering up to a quarter of its 40 percent stake in the huge Libra offshore oil prospect as its seeks to reduce the largest debt in the global oil industry, two industry sources said on Tuesday
Statoil and Repsol announce transactions in Norway, UK, US and Brazil. These transactions increase the number of Statoil’s operatorships in priority areas, providing greater control of asset development and costs through shared efficiencies.
GE Marine and GE Oil & Gas announced that the marine module package design for its LM6000PG aeroderivative gas turbine has been certified by Lloyd’s Register and RINA Services (RINA). The test where the LM6000PG module effortlessly achieved 42 megawatts (MW) was conducted at the GE Oil
A fire at an oil storage tank at Libya's Es Sider oil port has spread to two more tanks, officials said on Friday. The first oil tank was hit during clashes between armed factions allied to Libya's competing governments over control of the country's biggest oil port, located in the east.
Dyna-Mac has secured a Letter of Award (LoA) from Armada Cabaca Ltd. worth approximately $48 million (USD) for the construction of six FPSO topsides modules. Armada Cabaca Ltd, an affiliate of Bumi Armada Berhad (Bumi Armada), a Malaysia-based international oilfield services provider to
An oil tanker has docked at Libya's port of Hariga for the first time since security guards ended a strike this week and a storm passed, a port official said on Thursday. Authorities managed earlier this week to persuade security guards to end a strike over delayed salary payments
BG Group announced the Petrojarl Knarr floating production, storage and offloading (FPSO) vessel had started production from the Knarr oil field in the North Sea, offshore Norway. The FPSO has been leased from Teekay Corporation and is moored approximately 120 kilometers off the
A fire started aboard the Teekay-owned FPSO Petrojarl Knarr this morning. The fire was the second aboard the FPSO unit, which was built in 2014, during its young life at sea. The blaze occurred just a week after the Petrojarl Knarr produced its first oil from the Knarr field in
Canadian oil storage and transport company Gibson Energy Inc said on Monday it is building 900,000 barrels of crude oil storage at its terminal in Hardisty, Alberta, after receiving sufficient support from shippers. The company will build a 500
The Goliat FPSO was successfully floated off the heavy-lift vessel, Dockwise Vanguard, in the fjord outside Hammerfest, says Eni Norge The Goliat platform has arrived in Hammerfest, Norway last week, after a 63-day journey from South Korea covering 15,608 nautical miles
Eni reached a further milestone in the West Hub Development Project with the production start-up of Cinguvu field, located 5 kilometers from N’Goma FPSO Eni started production two weeks ahead of schedule at the Cinguvu oil field
BG Group announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the group's discoveries in the Santos Basin, offshore Brazil. The FPSO will produce from the Iracema North area of the Lula field in
At first, the oil-price and project-cancellation forecasts had hushed the audience at FPSO Europe Congress 2015. Speaker No. 1 had delegates looking at each other for signs of fear. Then, rival contractors — veterans of many a bitter tender — piled on the logic of their own methods for
MODEC, Inc. announced today that its FPSO Cidade de Itaguai MV26, operating in the Iracema Norte area of Lula field, in the Pre-Salt layer of Santos Basin offshore Brazil, has achieved First Oil production on July 31, 2015, five months ahead of the schedule anticipated under the contract.