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Fpso Units

Offshore Brazil: Production Starts at FPSO Unit

FPSO Cidade de Paraty image (CG) Photo NYK

In February, a second floating production, storage, and offloading (FPSO)* unit deployed by NYK for the BM-S-11 consortium through a joint venture company started oil production in a pre-salt area off Brazil.   This FPSO unit, FPSO Cidade de Marica, is owned by a shareholder consortium comprising SBM Offshore N.V. (Netherlands), Queiroz Galvão Óleo e Gás S.A. (Brazil), and a joint venture company between NYK (48.72 percent; head office: Chiyoda-ku, Tokyo; president: Tadaaki Naito) and the Mitsubishi Corporation (51.28 percent; head office: Chiyoda-ku, Tokyo; president & CEO: Ken Kobayashi). The joint venture has a 20-year time charter contract with Petroleo Brasileiro S.A. (Petrobras) to operate the FSPO.   NYK will aim to further advance its expertise in the FPSO business by dispatching technical staff to this project as well as FPSO Cidade de Paraty.***   In accordance with its “More Than Shipping 2018” medium-term management plan, NYK will continue to make use of its extensive technical know-how to expand and develop its business in the offshore industry, which is expected to grow remarkably.   - Outline of FPSO   Oil processing capacity     150,000 barrels of oil per day Gas processing capacity    6 million cubic meters per day Oil storage capacity           1.6 million barrels


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


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


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


FPSO to Achieve First Oil from Libra Field in July

Photo: Teekay

Teekay informs that the FPSO Pioneiro de Libra arrived May 17 in Brazilian territorial waters.   The FPSO unit, owned through a 50/50 joint venture between Odebrecht Oil & Gas and Teekay Offshore, will be the first to produce oil in the Libra Block which covers more than 1,500 square kilometers in the Santos Basin and has estimated reserves of 8-12 billion barrels of recoverable oil. The first oil is scheduled for July.  


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


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


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


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


BW Offshore CEO Sees Signs of Recovery

Carl Arnet (Photo: BW Offshore)

BW Offshore, which delivers floating production services to the oil and gas industry, sees signs of an improved market.   "It's still early days but we definitely see a pick-up in discussions and tendering activity," CEO Carl Arnet said during the firm's first-quarter earnings


Keppel Bags $85 Mln Conversion and Repair Projects

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), won four contracts worth a total of $85 million for the conversion, repair and modification of vessels.  


Yinson Sells FPSO Stake in Ghana

Photo: Yinson Holdings

 Malayasia's Yinson Holdings has sold its26 percent stake in its floating production, storage and offloading (FPSO) unit in Ghana to a consortium of Japanese companies, The Star reported.   According to the heads of agreement (HoA) with the consortium


Shell Exercises FPSO Turritella Purchase Option

FPSO Turritella (Photo: SBM Offshore)

Shell E&P Offshore Services B.V. will exercise its right under the charter agreement to purchase the floating production storage and offloading vessel (FPSO) Turritella, enabling a Shell affiliate to assume operatorship of the Gulf of Mexico ultra-deepwater Stones development in its entirety.


Keppel to Deliver First North Sea FPSO

BUMI ARMADA

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Kraken Pte Ltd (Armada Kraken), a wholly owned subsidiary of Bumi Armada Berhad (Bumi Armada)


Keppel to deliver third FPSO for Shapoorji Pallonji, Bumi Armada JV

Bumi Armada Courtesy Bumi Armada

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Armada Madura EPC Limited (Armada Madura), a joint venture between Shapoorji Pallonji Group (Shapoorji


Bumi Armada Berhad Names Its News FPSO

Naming Ceremony of Armada Olombendo (Photo: Bumi Armada)

Bumi Armada Berhad, Malaysia-based international offshore energy facilities and services provider celebrated the naming ceremony of the Armada Olombendo Floating Production Storage and Offloading (FPSO) last weekend. Armada Olombendo FPSO represents Bumi Armada’s largest FPSO and it will


Hvid to Take Over as Teekay President and CEO

Kenneth Hvid (Photo: Teekay Corporation)

Teekay Corporation’s board of directors has elected Kenneth Hvid to succeed current president and CEO, Peter Evensen, who will retire January 31, 2017 after more than 13 years with the company. Hvid is presently serving as president and CEO of Teekay Offshore Group Ltd.  


Samsung Heavy Cancels $776.8 mln LNG FPSO Order

Image: Samsung Heavy Industries

 South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million) for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with an unnamed European buyer back in January


World Energy Trends: What’s New in Floating Production

Where FPSOs are Being Planned. (Source: IMA/World Energy Reports)

Oil pricing continues to hover in the mid-$50s, market confidence is slowly returning and the production floater fabrication market is stirring. A major order for a production semi was placed in early January -- with Samsung receiving a contract to build the production semi for BP's Mad Dog Phase


Keppel Shipyard to deliver FPSO

Photo Keppel Shipyard

Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard) is on track to deliver a Floating Production Storage and Offloading (FPSO) vessel to Yinson Production (West Africa) Pte Ltd (Yinson), a wholly-owned subsidiary of Yinson Holdings Berhad


Keppel to Deliver First FPSO of 2017

Keppel Offshore & Marine subsidiary Keppel Shipyard Ltd is on track to deliver a floating production storage and offloading (FPSO) vessel to Yinson Production (West Africa) Pte Ltd (Yinson), a subsidiary of Yinson Holdings Berhad, marking the first FPSO delivery of 2017.  


Keppel Delivers FPSO for Brazil

Keppel Offshore & Marine’s shipyard in Brazil, BrasFELS, has delivered P-66, the first of the Replicante series of floating production storage and offloading (FPSO) units, to Tupi BV.   Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly owned subsidiary


New Fresh Water Generators for Pionerio de Libra FPSO

Topsides RO-plant, capacity 480 m³ (Photo: Hatenboer-Water)

Dutch water treatment specialist Hatenboer-Water has supplied three fresh water generators for the Pioneiro de Libra oil production vessel built by Jurong Shipyard Pte Ltd. The order consists of three reverse osmosis type fresh water generators


Mitsui Innovation: noah-FPSO Hull Gets AIP from BV

(Image: Mitsui)

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) obtained Bureau Veritas Approval in Principle (AIP) for the noah-FPSO Hull and associated design and construction methods following American Bureau of Shipping. This AIP provides assurance of the feasibility and reliability of the






 
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