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Offshore Production News

14 Mar 2024

TotalEnergies Renews Contract for Bibby WaveMaster 1 SOV’s Services

(Credit: Bibby Marine)

Bibby Marine has secured a three-year contract extension with long-standing client TotalEnergies EP Nederland for its ‘walk-to-work’ service operation vessel (SOV) Bibby WaveMaster 1.The three-year charter extension will begin in the first quarter of 2025, and the vessel will be deployed on the Dutch continental shelf in the Southern North Sea.The SOV will continue to accommodate and transport service engineers and maintenance personnel, supporting gas production activities across…

23 Feb 2024

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Matt Tremblay, ABS’ Vice President of Global Offshore Markets. Image courtesy ABS

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in Houston for his insights on market drivers and technical trends in this dynamic market.Matt, big picture, how do you see the Floating Production market developing in the coming years?At a macro level, I think we're going to be supply limited over the next five years.

11 Dec 2023

Yinson Aims to Curb FPSO Emissions with Carbon Capture

(Photo: Yinson)

Yinson is aiming to leverage advanced carbon capture technology to reduce greenhouse gas emissions from its FPSO operations.The company announced its Yinson Production Offshore Pte Ltd arm has made a strategic investment in Ionada, developer of innovative carbon capture technology.According to Yinson, Ionada's technology has potential to support the offshore oil and gas industry's transition to low-carbon operations. Furthermore, the technology presents new business opportunities…

20 Oct 2023

The Power of Offshore Molecule Production

The P2XFloater can be positioned anywhere renewable energy costs are low, resulting in the production of extremely cost competitive green ammonia. Source H2Carrier.

Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the uptime of offshore wind farm generated power.That’s according to Netherlands based supplier Strohm, member of the Hydrogen Offshore Production for Europe (HOPE) project and the Dutch floating green hydrogen and ammonia OFFSET project.

23 Oct 2023

US Gulf Coast Oil Patch Gets Lucky, So Far, in Busy Hurricane Season

© Michael Rolands / Adobe Stock

A very active Atlantic hurricane season so far this year has not sent storms across U.S. oil and natural gas fields in the northern Gulf of Mexico, sparing energy companies billions of dollars of losses and consumers higher fuel costs.The 2023 Atlantic hurricane season has been another in a string with above average activity producing three major hurricanes with winds above 111 mph (179 kph) out of six hurricanes among 20 named tropical storms.So far this year, only one storm, Tropical Storm Harold, on Aug.

28 Sep 2023

No Restart for ExxonMobil's California Offshore Platforms as Judge Upholds Tanker Trucks Ban

Credit: Patrick
/AdobeStock

A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed.U.S. District Judge Dolly Gee in Los Angeles denied Exxon's bid to reverse the Santa Barbara County Board of Supervisors' denial of a trucking permit in early 2022, saying the board's decision was substantially supported by evidence that transporting crude…

28 Feb 2023

Yinson Bags $5.3B Deal for its First FPSO Project in Angola

Illustration only - ©Ranimiro/AdobeStock

Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the  Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”).According to Yinson, the contract is worth about $5.3 billion in total and has a firm period of 15 years from the date of the final FPSO's acceptance. Azule Energy will have the option to extend for another five years. The FPSO Agogo is expected to start operations in the fourth quarter of 2025.

24 Feb 2023

Pushing the Envelope: A H2 Project Highlights French Teamwork on Alt-Energy

Copyright Parradee/AdobeStock

At the Sea Tech Week Maritime Transport conference this past September, held in Brest, France, there was no shortage of big-picture, creative ideas pertaining to maritime shipping and alternative energy.One such project, called Seaguel, was presented as part of a larger discussion on hydrogen (H2) as maritime fuel. The full session was titled “Distributing Hydrogen from Offshore Wind Farms as a Fuel for Ships.” The topic was developed by France Energies Marines (FEM), a public-private R&D collaborative focused on offshore renewable energy.Right now…

27 Sep 2022

US Offshore Oil Output Drops as Hurricane Ian Approaches

(Photo: NOAA)

U.S. offshore oil producers on Tuesday were keeping a wary eye on Hurricane Ian's track as the powerful storm shut-in at least 480,000 barrels of oil production as it heads toward Florida.The hurricane entered the U.S. Gulf of Mexico on Tuesday and is forecast to become a dangerous, Category 4 storm over the warm waters of the Gulf, according to National Hurricane Center (NHC) forecaster Eric Blake.Ian weakened after crossing Cuba and was packing winds of 115 miles per hour (185 km per hour), the NHC said.

26 Sep 2022

Lhyfe Launches World First Offshore Hydrogen Pilot

The Sealhyfe platform on WAVEGEM.

France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot, as part its drive towards large-scale carbon reduction.It involves Lhyfe's new Sealhyfe 400 kg/day (1MW equivalent) green hydrogen producing electrolyser platform, which has been installed on the WAVEGEM wave energy platform developed by Geps Techno.

17 Sep 2021

Some 28% of U.S. Gulf of Mexico Crude Output Offline

Louisiana Offshore Oil Port, Pumping Platform Complex - Credit: Edibobb - Wikimedia Commons

U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out of the region.Hurricanes Ida and Nicholas damaged platforms, pipelines and processing hubs, shutting in most offshore production for weeks. Restarts continued on Thursday with about 28% of U.S. Gulf of Mexico crude output offline. Some vessels remained at sea waiting to load U.S. crude.But of more than 50 tankers set to load U.S.

13 Sep 2021

VIDEO: Guyana's Second FPSO Sets Sail from Singapore

Credit: Keppel

Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China-built FPSO hull said Thursday it had delivered the FPSO to SBM Offshore. Once in Guyana, the FPSO will be deployed at ExxonMobil's Stabroek offshore block.Keppel O&M’s scope of work included the fabrication of several topside modules, the riser balcony…

31 Mar 2022

VIDEO: SBM Offshore's Prosperity FPSO Leaves Dry Dock in Singapore

The hull of the FPSO Prosperity, which will be Guyana's third offshore production unit after the Liza Destiny and Liza Unity, has recently left the dry dock in Singapore, in preparation for topside installation works.The hull arrived in Singapore last year from China where it was built. In Singapore, Keppel will install the topside modules and all other major structures, after which the vessel will set sail for Guyana, to be deployed at ExxonMobil's giant Stabroek Block.When the hull arrived in Singapore in August 2021…

13 Jan 2022

More Shuttle Tankers Needed, Rystad Says

© Fotos von Schiffen / Adobe Stock

More shuttle tankers will be needed in the years ahead to keep pace with a projected rise in oil volumes needing transport, Rystad Energy said.Produced volumes requiring transport key shuttle tanker markets Brazil, Canada, Norway, the U.K. and Russia are expected to rise to 3.3 billion barrels per year before the end of the decade, jumping 35% from 2.5 billion in 2021, according to a recent report from the Norwegian analyst group.Apart from minor dips in total utilization across these countries in 2018 and 2021…

31 Aug 2022

This Decade's Oil Boom is Moving Offshore - Way Offshore

Bay du Nord FPSO Illustration - Credit: Equinor

Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects, including some in the remote iceberg waters far off Canada's Atlantic coast.Surging oil prices are encouraging the investments, along with Europe's mounting energy demand as the Ukraine-Russia war drags on. Offshore production sites are more expensive to build than onshore shale, the last decade's investment darling. But once they are up and running…

20 Dec 2021

Yinson, Enauta Pen LoI for Atlanta Field FPSO

Illustration; An FPSO offshore Brazil - Image by Ranimiro - Adobe Stock

Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil.Enauta has been producing oil from the field using the FPSO Petrojarl I as an Early Production System, and has been looking to deploy another FPSO at the field for full-field development.The oil company and the Malaysian FPSO supplier had in August signed…

20 Apr 2022

VIDEO: First Topside Modules Being Installed Aboard Prosperity FPSO

Credit: SBM Offshore / YT/Screenshot

FPSO specialist SBM Offshore has shared a video showing the lifting and installation of the first topside module batch for the Prosperity FPSO at the Keppel O&M yard in Singapore. The hull of the FPSO Prosperity, which will be Guyana's third offshore production unit after the Liza Destiny and Liza Unity, has recently left the dry dock in preparation for topside installation works, which have now started.The Prosperity FPSO hull arrived in Singapore last year from China where it was built.

10 Jan 2022

ABS Grants AiP for Samsung's FLNG Spread Mooring System

Darren Leskoski, Vice President of ABS Korea Regional Business Development and Wang K. Lee, Vice President of Samsung Heavy Industries Offshore Business Division - Credit: ABS

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) to Samsung Heavy Industries’ (SHI) design for a one-side spread mooring system for a floating liquefied natural gas (FLNG) facility.The system developed by SHI allows an FLNG to be safely spread moored on one side, enabling LNG carriers to berth and load on the opposite side free from obstructions, ABS said."With more than 150 floating oil and gas facilities in the ABS-classed fleet, ABS is the market leader in classification of offshore production units, which includes FLNG assets.

21 Jun 2022

Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC

(Photo: Havfram)

Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022.MODEC’s parent company, MODEC, Inc., will supply this facility to Woodside, for deployment in Senegal as part of the Sangomar Field Development Phase 1 project. This phase will target approximately 230 million barrels of…

08 Jun 2022

Naming Ceremony Held for Yinson's Anna Nery FPSO

Credit: Yinson

Malaysian FPSO provider Yinson, with its project partner Sumitomo Corporation named the new FPSO Anna Nery, during a naming ceremony held concurrently in Jiangsu, China and Kuala Lumpur, Malaysia. The FPSO Anna Nery is currently undergoing final conversion works and is going to set sail for Brazil in the third quarter, where it will be deployed at the Marlim Field located in the eastern part of the Campos Basin, about 150km offshore Rio de Janeiro.The FPSO will be stopping for a few days in Singapore and Mauritius for crew change and fresh supplies.

01 Aug 2022

Keppel O&M Wins $54.5 Million in Floating Production Contracts

(Photo: Keppel Offshore & Marine)

Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU). The first contract is by Keppel AmFELS with Salamanca FPS Infra, LLC for the refurbishment of a floating production unit to be operated by LLOG Exploration Offshore, LLC, a private exploration and production company in the U.S.Keppel AmFELS’ scope of work on the production facility includes demolition…

08 Feb 2022

Yinson to Deliver FPSO for Petrobras' Parque das Baleias Integrated Project

Illustration only - © Yinson

Malaysian FPSO supplier Yinson has won a contract with Brazil's Petrobras for the delivery of an FPSO for the deployment at the Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the north of Campos Basin, offshore Brazil.Petrobras has signed contracts with Yinson's subsidiaries for the chartering and provision of services of the Maria Quitéria FPSO for the project. Parque das Baleias Integrated Project, to be installed in the Jubarte Field, located in the north of Campos Basin. The firm contracts follow the signing of letters of intent in November 2021.

16 Mar 2021

NOIA Says Ready to Work with New Interior Secretary to Advance Offshore Energy Sector

Gulf of Mexico offshore facilities - Credit: Lukasz Z/AdobeStock

Following Monday's confirmation of the U.S. Representative Deb Haaland as Secretary of the Interior, the U.S. National Ocean Industries Association (NOIA), representing interests of the country's offshore energy industry, said it was ready to work with Haaland and the Biden Administration to "advance America's offshore energy sector."NOIA President Erik Milito said: "NOIA is ready to work with Secretary Haaland and the Biden Administration to advance America’s offshore energy sector.

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