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Chevron Names FPSO Vessel
Chevron's Floating Production Storage and Offloading Vessel (FPSO) Kuito was officially named at a ceremony in Singapore recently. Named after the field discovered by Chevron in 1997…
Forecast Of FPSO Vessels And Other Floating Production Units
According to a just published report by IMA, 107 floating production units are currently in operation and 21 additional units are on order. IMA forecasts the inventory…
FPSOs in the Gulf of Mexico?
Executives from many of the country's leading shipyards and supply organizations gathered in Washington, D.C. in January to discuss challenges facing the repair and conversion industry.
FPSOs in the Gulf of Mexico?
Executives from many of the country's leading shipyards and supply organizations gathered in Washington, D.C. in January to discuss challenges facing the repair and conversion industry.
Statoil Mulls Navion Sale
Norway's Statoil is considering options for its loss-making shipping arm Navion, including selling the group or divesting some activities such as floating production or drill ships.
Outlook for Floating Production Systems
The strong and sustained rebound in the price per barrel of oil, coupled with the economic recovery in Asia has offshore production related companies planning for a big 2000.
Conrad Industries Reports Earnings
Conrad Industries Inc. expects to report earnings per share for the quarter ending Sept. 30 of between $.01 and $.03 compared to earnings per share of $.10 for the quarter ending June 30.
Frontline Wins Two-Year Fight For Control Of ICB
A two-year battle for Swedish tanker company ICB Shipping ended Sept. 23 in victory for Norway's Frontline - but only after four of 12 ICB tankers are sold to a new group set up by key ICB players.
Outlook for Floating Production Systems
The strong and sustained rebound in the price per barrel of oil, coupled with the economic recovery in Asia has offshore production related companies planning for a big 2000.
IHC Caland Mulls Exit From Shipbuilding
Shipbuilding and engineering group IHC Caland NV might stop building ships if the Dutch state goes ahead with plans to abolish subsidies for shipyards after 2000.
Petrobras 36 Sets World Record
Petrobras 36, the 31,183 ton Offshore Oil and Gas Platform left Sept-Iles, Quebec for Brazil on November 11. The Floating Production System is recorded as the heaviest…
Samsung Wins FPSO Order
Samsung has been granted orders worth a combined $250 million from Nigeria and Australia. The company said it will construct a floating production and storage offloading…
Keppel FELS and PEM SETAL form joint venture to sublease Brazilian yard
Keppel FELS Limited (KFELS), the marine and offshore construction, conversion and repair company of the Keppel Group of Singapore has formed a joint venture with…
Aker Develops New Division
Aker Maritime aims to provide cost effective solutions for deepwater drilling and production riser systems through its Riser Solutions Group. The group, which is headed by Jeff Mesamer…
Proposed Outer Continental Shelf Rules Published
After many years of work, the USCG published a Notice of Proposed Rulemaking (NPRM) for the Outer Continental Shelf Activities, 33 CFR Subchapter N, in December.
Dresser-Rand To Provide Petrobras With Compression Equipment
A new floating production, storage and off-loading (FPSO) facility being built to extract oil and gas from offshore Brazil will include gas compression modules worth…
Projections center on When, not If
The cyclical nature of the offshore exploration and production beast is legendary in financial circles, riding boom and bust waves for years at a time. While industry…
Keppel FELS Gets Contract from GlobablSantafe
Keppel FELS Limited, the offshore unit of Keppel Corporation, has clinched a contract from GlobalSantaFe Corporation to upgrade jack-up, Rig 136. GlobalSantaFe is…
SSS: Separate Storage Shuttling
The advent of FPSO and Shuttle Tankers serving the deepwater fields of the Gulf of Mexico is drawing closer, as oil companies study the most economical means to move product from point A to B…
FMC SOFEC Wins Kizomba B Contract
FMC Technologies, Inc.'s FMC SOFEC Floating Systems unit has received an order for the design and analysis of the FPSO (Floating Production, Storage and Offloading)…