BW Offshore Gets Contract Extension for FPSO Polvo
BW Offshore has signed an agreement with Petrorio for a one-year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2019 (from Q3 2018), with options until Q3 2022. The company has also announced that BW Catcher FPSO received the First Oil Certificate following the successful completion of the 72-hour interim performance test subsequent to the introduction of hydrocarbons on 23rd December 2017. BW Catcher FPSO is owned and operated by BW Offshore and the First Oil Certificate confirms the commencement of a seven-year fixed term contract…
Chevron, Exxon and Petrofina Celebrate Genesis' First Oil
Flow of first oil was announced by partners in the Genesis Project, a deepwater oil and natural gas drilling and production facility in 2,600 ft. of water in the Gulf of Mexico, located 150 miles south of New Orleans. Genesis is expected to produce approximately 30,000 barrels of oil and more than 20 million standard cu.-ft. of natural gas per day during 1999. Production is planned to increase at a steady pace so by the year 2000 Genesis will reach its peak production capacity of 55,000 barrels of oil and 72 million cu.-ft. of natural gas per day. Genesis utilizes a unique floating spar platform - the first ever to accommodate both drilling and production facilities.
Hand-over of Su Tu Vang CPP
J. Ray McDermott, S. A. announced the handover of the Su Tu Vang Central Processing Platform for CuuLong Joint Operating Company (CLJOC) offshore Vietnam to enable production of first oil ahead of schedule. The project sets a benchmark in the industry for fabrication completion of a 15,500MT float-over deck in 22.5 months. The accomplishment was celebrated at the Su Tu Vang first oil ceremony held in Hanoi. “We were honored to participate in the Su Tu Vang CPP, a project that has given us immense satisfaction as we were involved from the first FEED engineering design through to completion.
Rosneft Takes First Shipment of Kurdish Oil
Russian state oil giant Rosneft will buy its first shipment of oil from Iraq's Kurdistan in early April, becoming the first oil major to take Kurdish crude directly into its refining system, trading sources said on Friday. The shipments aboard tanker Minerva Sophia will sail from the Turkish Mediterranean port of Ceyhan to Italy's Triest, from where the oil can be taken by pipeline to Rosneft's refineries in Germany. (Reporting by Dmitry Zhdannikov)
Gazprom Neft Starts Oil Production, Shipments from Iraqi Badra Field
Russia's Gazprom Neft said on Monday it started commercial production and shipments of oil produced at its Iraqi Badra oil field. Gazprom Neft, the oil arm of state gas company Gazprom , said that first oil was to be delivered via Iraq's pipeline system to the export terminal in Basrah. "Current deliveries from Badra to the pipeline stand at over 15,000 barrels of oil per day and this level should be maintained until the end of 2014," the company added. (Reporting by Katya Golubkova; Editing by Lidia Kelly)
Es Sider Port Oil Tanks On Fire
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. Es Sider and the nearby Ras Lanuf port have been closed since the fighting broke out two weeks ago. Reporting by Ayman al-Warfalli
BHP Billiton Awards Technip-Coflexip Offshore Contract
CSO Aker Engineering, Inc., a U.S. entity of the Technip-Coflexip Group has been awarded a Front-End Engineering Design (FEED) contract by BHP Billiton for its Angostura Development Project offshore Trinidad. CSO Aker Engineering will execute the engineering contract together with sister company Technip Upstream Houston. Completion of FEED is scheduled for Q2 2002. The final configuration of the Development is yet to be agreed, the project is pursuing an aggressive schedule to first oil in the first half of 2004.
Brazil Delays Estimate for First Oil Cargo from Libra
Brazil on Wednesday pushed back its forecast for a first oil shipment from its promising offshore Libra prospect to the first quarter of next year, months after its previously projected October 2017 estimate made in May. Hercules Tadeu F. da Silva, contract management director at Brazil's state-run Pre-Sal Petroleo SA, a company created to help guide development of Libra, declined to explain the cause of the delay. (Reporting by Simon Webb)
Wood Group Kenny Wins Ghana Contract for Subsea Engineering
Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana Limited and its partners through the execution phase of the Tweneboa, Enyenra and Ntomme (TEN) project, offshore Ghana. WGK will provide subsea, umbilical, risers, flowlines (SURF) engineering services. The Tweneboa, Enyenra and Ntomme oil fields are situated in the Deepwater Tano area, offshore Ghana, approximately 30 kilometres from the existing Jubilee field. Steve Wayman, CEO of Wood Group Kenny said: “We see this as a very significant award from a number of perspectives.
Teekay Wins FSO Job For Legendre
Teekay Shipping's Australian subsidiary, Karratha Spirit, has been granted a contract by Woodside Energy to supply a floating storage and offtake (FSO) tanker to the Legendre project on the northwest shelf of Australia. The contract, which was signed for an initial three-year period, with options for a 10-year extension, calls for Teekay to convert the 1998-built 106,7000-dwt Aframax tanker Pioneer Spirit to an FSO tanker ready for first oil from the Legendre fields in second quarter 2001.
Stolt Offshore Reports Milestone Reached On Girassol Field
Stolt Offshore reported that, following the TotalFinaElf announcement of first oil production from the Girassol field, that a major milestone had been reached on this unique field development on which Stolt Offshore has been working for four years. The operator of the field is TotalFinaElf with a 40 percent interest. Other partners are Esso Exploration Angola (Block 17) Limited (20 percent), BP (16.67 percent), Statoil (13.3 percent) and Norsk Hydro (10 percent). Girassol is being developed under a production sharing agreement with Sonangol, the national oil company of Angola. Stolt Offshore has been involved in two parts of the development.
First Oil from the Tahiti Field
On Wednesday, 6 May, StatoilHydro received first oil from the Chevron-operated Tahiti field in the US Gulf of Mexico. Tahiti is expected to produce 125,000 barrels of oil and two million cubic metres of natural gas a day, reaching plateau production later this year. With Tahiti on stream, StatoilHydro will more than double its production from the US Gulf of Mexico. StatoilHydro's interest in the Tahiti field was acquired through the EnCana Gulf of Mexico acreage acquisition in 2005, with Tahiti being sanctioned later that year.
ABS to Supervise Tanker Building Process at Yard
VNA reported that Dung Quat Shipbuilding Industry Company has signed with American Bureau of Shipping (ABS.) The contract means the classification society will supervise the shipyard's building process of three oil tankers. Under the $400,000 contract, ABS, 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, officials from 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…
ABS Ventures to VietNam
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…
ExxonMobil Announces First Oil Production in Angola
Exxon Mobil Corporation announced today its first oil production in Angola with the start-up of the Girassol development in the deepwater offshore area known as Block 17. of Luanda in water depths of 4,500 feet (1,350 meters). The development consists of subsea wells tied back to a Floating, Production, Storage and Offloading (FPSO) vessel. processing 200,000 barrels of oil per day and has a two million barrel storage capacity. subsea wells are planned, and drilling is expected to continue until 2003. development. It is an important milestone with a promising future for ExxonMobil in Angola. development offshore West Africa. 250,000 barrels per day. First oil from Kizomba A is scheduled for late 2004. world. acres.
Semi-submersible Rig Contracted to Drill North Sea Well
Iona Energy announce that it has entered into an agreement with Diamond Offshore Drilling (UK) Limited for the provision of its semi-submersible drilling rig, Ocean Nomad, for drilling of one well within the Staffa Oil Field in Block 3/8d of the UK North Sea. Dave Sherrard, Iona's Chief Development Officer commented "We are delighted to have contracted Diamond Offshore's Ocean Nomad for the near-term drilling of Iona's first well in the re-development of the Staffa Oil Field.
Vinashin Posts Revenues
According to reports, Vietnam Shipbuilding Industry Corporation (Vinashin) reported an output value of over $567m and revenues of over $351m in the first nine months of 2006. The figures represented year-on-year increases of 40.7 percent and 73.3 percent respectively. In the period, Vinashin signed nearly $5b in contracts to build ships for partners from Japan, Germany, England, Poland and Israel. The corporation is under negotiations with Japanese and German partners, such as Kanematsu, Sojist and Mitsubishi, to build cargo vessels with capacities ranging from 8,700 tonnes to 56,300 tonnes and 900-1,100 TEU container ships. It is also cooperating with the Viet Nam Oil and Gas Corporation (Petro Viet Nam) to build three 100,000 tonne oil tankers.
FPSO OSX-1 starts OGX’s first oil production
On January 31th 2012, at 18h39m50s, the FPSO OSX-1 successfully initiated the production of first oil for its anchor client OGX, the Brazilian EBX Group oil and gas company responsible for the largest private-sector exploratory campaign in Brazil. The FPSO OSX-1 is in charge of carrying out the Extended Well Test on the Waimea accumulation, in the Campos Basin, through well OGX-26HP, located 80km off the coast, at a water depth of 130 meters. The FPSO OSX-1 is the first floating, production, storage and offloading unit to integrate the OSX fleet. OSX-1 was built in Korea and customized in Singapore, at Keppel’s shipyard. It is 271,75 meters long, and has the capacity to store up to 900 thousand barrels of oil.
Deepwater African Offshore Project Sanctioned by Chevron
Chevron Corp. announce its subsidiary will develop Lianzi field in the Republics of Congo & Angola untized offshore zone. The field is located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water. The $2 billion development will include a subsea production system and a 27 mile (43 km) electrically heated flowline - the first of its kind at this water depth - to transport the oil from the field to the BBLT platform. First oil is expected in 2015. Once completed, the project is expected to produce up to 46,000 barrels of oil equivalent per day. Chevron Overseas Congo Limited is operator of the Lianzi field with a 31.25% interest, along with Total (36.75%), ENI (10%), Sonangol (10%), SNPC (7.5%) and GALP (4.5%).
FPSOcean Acquires Tankers for Conversion
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 United Arab Emirates. It is scheduled for completion by the first quarter of 2008 and for first oil by the second quarter of 2008. When completed, DeeP Producer 1 will be capable of producing 60,000 b/d of oil with a storage capacity of 480,000 barrels.
First Oil Produced From Kashagan Field
Eni announces that first oil from the giant Kashagan oil field has been produced. The oilfield is located in the North Caspian Sea, approximately 80 kilometers southeast of Atyrau, in Kazakhstan. Eni holds a 16.81% stake in the consortium for the development of Kashagan and through Agip KCO is responsible for developing and start of production of the field. The other partners in the consortium, represented by the operator NCOC (North Caspian Operating Company) which operates within the North Caspian Sea Production Sharing Agreement (NCSPSA), are KazMunayGas (16.81%), ExxonMobil (16.81%), Shell (16.81%), Total (16.81%), ConocoPhillips (8.4%) and Inpex (7.56%). In the initial phase output will grow up to 180,000 barrels per day.
Neptune Start-Up Delayed by Hull “Anomolies”
The Neptune TLP, which is located approximately 120 miles off the Louisiana coastline, was scheduled to start up first oil and natural gas production by the end of March and the company is currently assessing all the options in order to re-commence start up activities. The schedule for first production will be updated. BHP Billiton is designated operator of the field with a 35 per cent interest. Partners include Marathon Oil Company (30 per cent), Woodside Energy (USA) Inc. (20 per cent), a subsidiary of Woodside Petroleum Ltd., and Maxus (U.S.) Exploration Company (15 per cent). Neptune is a single-column TLP and was installed in 4,250 feet (1,300 meters) of water on Green Canyon Block 613.
Croatian Shipyard Delivers Oil Tanker To Doria Shipping
3.Maj Brodogradilište (MAJ), of Rijeka Croatia, delivered the first oil tanker of a series of four to Doria Shipping. In March, 1997 3.MAJ was contracted to build four 71,345-dwt oil tankers for $150 million. With the financing help of Merrill Lynch International of London, and the full support of the Croatian government, the company successfully in finalizing this order. Built for the transportation of crude oil and oil products, M/T Margara, has five pairs of cargo and one pair of slop tanks. Double sides were applied in fuel tanks, for the vessel's compliance with all international environmental requirements.