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Fpso Units

Linde to Cooperate with SBM

Germany's Linde formed a global alliance with SBM (of the Netherlands to develop and market floating production, storage and offloading (FPSO) units for the liquefied natural gas industry. Under the deal, Linde contributes gas hardware such as pretreatment, fractionation and liquefaction based on its proprietary process LiMuM. SBM for its part contributes for example marine technology including hull and LNG storage tanks systems, power generation systems, mooring systems, cryogenic offloading systems and its experience of operating FPSO, Linde added. (Source: Reuters)


Teekay FPSO Receives First Oil

Voyageur Spirit FPSO: Photo courtesy of Teekay

The 'Voyageur Spirit' FPSO has achieved first oil on the Huntington field in the United Kingdom. Teekay describe the event as an important milestone for on of its largest projects. The production unit has been installed for its new charter contract with E.ON Ruhrgas UK E&P (E.ON) and the charter is expected to last for a firm period of five years, with extension options. Teekay acquired the 2009-built Voyageur Spirit as part of the acquisition of three FPSO units from Sevan in October


Teekay Offshore Public Offering

Teekay Offshore Partners L.P. (NYSE: TOO) announced that it plans to offer 5,600,000 common units, representing limited partner interests, in a public offering. Teekay Offshore expects to grant the underwriters a 30-day option to purchase an additional 840,000 common units to cover over-allotments, if any. The Partnership expects to use the net proceeds from the public offering for general partnership purposes, including funding the acquisitions of vessels that Teekay Corporation has offered


GE to Supply DP for Cylindrical Accommodation Vessel

GE’s Power Conversion business has won a contract for the supply of dynamic positioning (DP) for a vessel Floating Accommodation Unit that Cosco (Nantong) Shipyard in Nantong City, China, is building for Logitel Offshore, the Singapore-based floating logistics and accommodation rig owner that has an exclusive license agreement to use the proprietary Sevan Marine design within the floating accommodation market. The complete project includes a C-Series Class 3 DP system and manual thruster


Sembawang Shipyard to Convert 2 FPSOs for Kaombo Project, Angola

Image

  Sembcorp Marine’s wholly-owned subsidiary Sembawang Shipyard has secured a Floating Storage Production Offloading (FPSO) conversion contract worth about S$600 million from Saipem SA, France for the conversion of Two FPSOs for the Kaombo Project in Offshore Angola.   Sembawang Shipyard was awarded this milestone contract on the strength of its capabilities and established track record in the field of FPSO conversion, modification and upgrading work


QGEP to Acquire FPSO from Teekay

Teekay Offshore Partners L.P. has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a floating production, storage and offloading (FPSO) unit for the Atlanta field located in the Santos Basin offshore Brazil. In connection with the contract with QGEP, the partnership has agreed to acquire the Petrojarl I FPSO from Teekay Corporation for $57 million


ABS Supports Developments Offshore Brazil

New discoveries of giant oil and gas field discoveries offshore Brazil have operators venturing into deeper water while committing expanded E&P budgets for developments in frontier regions. The Campos Basin remains the greatest focus of exploratory activity, with the Santos Basin to the south and Espirito Santo Basin to the north also seeing activity. Ship-shaped floating production, storage and off-loading (FPSO) vessels remain the preferred development option for these frontier prospects


Alliance Marine Adds Additional ABS NS Software

Alliance Marine Services (AMS) has contracted with ABS Nautical Systems for an additional four modules from their suite of advanced SafeNet fleet management system software. AMS has contracted for the Maintenance & Repair, Purchasing & Inventory, Financial Reporting and Replication Manager modules of ABS NS SafeNet. This brings AMS participation in the suite of fully integrated software to six modules all utilized on their FPSO units and other vessels


Keppel O&M Clinches More Contracts

Photo courtesy Keppel Offshore & Marine Ltd

Keppel Offshore & Marin Ltd (Keppel O&M), through its subsidiaries, Keppel Shipyard Limited (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), has secured contracts worth $114.8m for a Floating Production Storage and Offloading (FPSO) vessel conversion, a Derrick Lay Barge completion and the life extension of a semisubmersible rig. Tong Chong Heong, CEO of Keppel O&M said, “As market sentiments liven up


Brasa: FPSO Modules a Specialty

Begining of module construction at Brasa shipyard  (Photo: Brasa)

There has been a significant increase in shipyard construction in Brazil in yards large and small alike. Maritime Reporter’s Contributing Editor in Brazil visited Brasa Shipyard in Rio de Janeiro and spoke to Philippe Levy, Country Manager for SBM Offshore, who is one of the yard directors. Brasa Shipyard is building FPSO deck modules for integration onto FPSO hulls. “Brasa shipyard was created by Synergy and SBM in order to simplify FPSO module integration for FPSOs leased to


SBM Offshore Completes $1.55 bln FPSO Financing

SBM Offshore announced it has today completed the project financing of FPSO Cidade de Saquarema for a total of $1.55 billion, marking the largest project financing in the company's history.    Project financing was secured by a consortium of 16 international banks with insurance cover


BG Group Starts up Sixth FPSO in the Santos Basin

FPSO Cidade de Itaguaí (Photo: BG Group)

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


Keppel Shipyard Wins FPSO Conversion Contract

Keppel Shipyard

Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won. Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair


The FPSO Cost Discussion

Packed with “optimized technology”: The ENI FPSO at tow-out from its Korean yard.  Credit: Courtesy Eni Norge

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


HHI Orders Refrigeration, Cold Stores for FPSO

Photo courtesy of ALMACO

Goliat, the first cylindrical floating production, storage and offloading (FPSO) vessel on the Norwegian Continental Shelf built for Eni Norge and partner Statoil at Hyundai Heavy Industries (HHI), will feature ALMACO’s cold stores and refrigeration machinery.  


FPSO Charter Bussiness for Offshore Brazil Oil Fields

FPSO Charter-Business for Offshore Brazil- Courtesy MOL

  MODEC, Mitsui, MOL and Marubeni to Proceed with the Deepwater FPSO Charter Project for Tartaruga Verde & Tartaruga Mestiça Oil Fields Offshore Brazil MODEC, Inc., Mitsui & Co., Ltd. Mitsui O.S.K. Lines, Ltd., and Marubeni Corporation have agreed that Mitsui


Technip Wins Subsea Contract on Triton FPSO

Floating Production Storage and Offloading Unit Courtesy Technip

  Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen


Eni Starts Production from Cinguvu Field, offshore Angola

Claudio Descalzi, Chief Executive Officer

  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


Kongsberg Maritime to Equip Yinson Genesis FPSO

Image:  Kongsberg Gruppen

 Kongsberg Maritime has been selected to supply a complete Electrical, Instrument and Telecom solution, including E- house, for the new Yinson Production (West Africa) Pte Ltd FPSO, ‘Yinson Genesis’.    According to the company


Drydocks World Wins Turret Fabrication Contract

Photo: Drydocks World

Drydocks World has secured a contract from Orwell Offshore to fabricate an external Turret for FPSO Layang.   Drydocks World said its team will play an integral role in facilitating project completion during this fast track project expected to be delivered in the first quarter of 2016.


Trelleborg to Supply FPSO Mooring Systems in Angola

Photo: Trelleborg

Trelleborg’s marine systems operation has been awarded the contract to supply complete tandem mooring systems to two floating production, storage and offloading (FPSO) vessels in Angola, West Africa.   The Angola-based FPSO tandem mooring projects demanded solutions capable of


Technip Wins Jurong's FPSO Conversion Contract

  Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating, production, storage and offloading (FPSO) vessel, which is built at the Jurong Shipyard


Teekay Sells FPSO, Announces Dividend Boost

Photo: Teekay

Teekay Corporation to complete sale of the Knarr FPSO and announces dividend increase of 75 percent   Teekay Corporation announced today that its board of directors has declared a cash dividend on its common stock of $0.55 per share for the quarter ended June 30, 2015


SBM Offshore Divests Stake in Turritella Project

FPSO Turritella (Image: SBM Offshore)

SBM Offshore has entered an agreement with Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line) for the acquisition of a stake in the joint venture companies incorporated for the purpose of owning and operating Floating Production Storage and Offloading (FPSO) Turritella


NYK, MC to Form JV for Stones O&G Project in GoM

Stones Ultra-deep-water Oil and Gas Project in the Gulf of Mexico Photo Shell

  NYK has made the decision to invest jointly with the Mitsubishi Corporation (MC) in the chartering, operation, and maintenance of a floating production, storage, and offloading (FPSO) vessel* in the Stones project, an ultra-deep-sea field in the Gulf of Mexico 2






 
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