M3nergy to Expand Facilities
Oil and gas field services provider M3nergy Bhd says it may expand its floating, production, storage and offloading (FPSO) facilities in the future when opportunities open up in its exploration and production division. The company currently owns and operates one FPSO facility. It also operates a floating, storage and offloading (FSO) facility for Carigali Hess Operating Co Sdn Bhd. M3nergy has a 30% interest in the consortium that was awarded the Cluster 7 service contract for a period of 13 years in March 2006. The FPSO facility reportedly would cost up to $150m and the company might look for partners to share in the acquisition cost. Owning three FPSO facilities would put M3nergy in the top 10 league of companies in the world that own such facilities.
SHI Secures Order For FPSO
SHI received an order for a floating production storage and offloading (FPSO) facility worth US$140 million from Husky Oil Operations Ltd. of Canada on the 31st. As a competitive solution for the development of offshore oil and gas resources capable of the production, storage and offloading of crude oil and gas, an FPSO is a special facility suitable for the development of a medium size deep-sea oil and gas field due to its mobility.The FPSO facility SHI received an order for from Husky Oil Operations Ltd. is of 133,000 tonsmeasuring 272m(L) x 46m(W) x 27m(D). Capable of storing 940,000 barrels, it will be producing maximum 120,000 barrels of crude oil per day from the end of 2004 at the Whit Rose oil field located approximately 350 kilometers off the east coast of Newfoundland, Canada.
Keppel Verolme Secures Contracts
Keppel Verolme BV has secured two contracts totaling $109m on the back of an upsurge of offshore activities in the North Sea. Of the two new contracts, one is a repeat order for the outfitting of a Floating Production Storage and Offloading (FPSO) facility, Sevan Voyageur, for Sevan Production AS. Work is expected to be completed in the summer of 2008. This is the third cylindrical FPSO facility that Keppel Verolme is carrying for the same owner. The vessel has an oil storage capacity of 300,000 bbls, with an oil process capacity of 30,000 barrels/day and a water injection capacity of 20,000 barrels/day. The world’s first cylindrical FPSO facility, Sevan Piranema, was completed in Keppel Verolme in January 2007.
Hyundai Heavy Lands $800 Million Order From ExxonMobil
South Korea's Hyundai Heavy Industries said on Monday it has won an $800 million order from Exxon Mobil, to build offshore oil producing facilities in Angola. Hyundai Heavy would oversee the entire construction of the floating production storage and off-loading (FPSO) facilities.
Veolia Contracts with Petrobras
Veolia ES lndustrial Services’ (VES) Marine Offshore Division announced it has signed a contract with Petrobras America, a subsidiary of Petrobras (NYSE: PBR/PBRA), to provide marine services in the Gulf of Mexico. The Viking Poseidon, one of VES’ deepwater marine vessels, will be deployed for work on Petrobras’ Chinook/Cascade subsea development, one of the deepest Floating Production, Storage and Offloading (FPSO) facilities in the world. The vessel will support new field development for phase one of Petrobras’s FPSO. Mike Rose, President and CEO of Veolia ES Industrial Services, stated that this contract award is a direct result of the extremely dedicated and talented team within the marine group.
First FPSO Approved for Gulf of Mexico
The Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) today provided the final approval necessary for Petrobras America, Inc. to begin oil and natural gas production at its Chinook-Cascade project using a Floating Production Storage Offloading (FPSO) facility. This will be the first time this technology is used in the U.S. Gulf of Mexico. BOEMRE approved the project’s Production Safety System permit and Supplemental Deepwater Operating Plan (DWOP), to ensure that stringent safety regulations were met.
South Korea Shipyard Stocks Surge
According to a report from Bloomberg, Hyundai Heavy Industries Co. (009540 KS) surged 11% percent after receiving an order for two LNG ships Dynagas Ltd. of Greece, Samsung Heavy Industries Co. (010140 KS) gained 1.8% after it won a $3b order to build a FPSO facility for Shell Development Pty Ltd., Daewoo Shipbuilding (042660 KS) rose 1.8% and Hyundai Mipo Dockyard (010620 KS) rose 3.5%. (Source: Bloomberg)
Ezra Holdings Wins $262.7m Charter Contract
Ezra Holdings was awarded a 4-year contract from an oil major to charter its Floating Production, Storage and Offloading, or FPSO facility. The charter contract comes with an extension option of up to 3 years which, when exercised. Ezra is an integrated offshore support and marine services provider listed on the Singapore Exchange. Ezra's oil tanker M.T. Kitty Knutsen will be converted into the FPSO at a yard in Dubai. It will then operate in Southeast Asian waters from financial years 2008 to 2011. Ezra is looking at several options to finance its FPSO business. Ezra says the FPSO contract could also possibly involve the hire of Ezra's offshore support vessels. In addition to the FPSO contract, Ezra also announced its first entry into the Indian offshore support services market.
Keppel Corp Wins Deals Worth $80m
It has been reported that Keppel Corp has won two contracts worth a total of $80m. The contracts are for the conversion of a tanker to a floating production storage offloading or FPSO facility and the repair of another FPSO vessel. The tanker conversion is the eighth such job that Keppel is executing for Single Buoy Moorings in six years. It is expected to be completed in the third quarter of next year. The deal to repair the FPSO vessel was awarded by Petro-Canada (East Coast). The tanker conversion will be carried out by Keppel Shipyard while the FPSO repair will be handled by sister company Keppel Verolme in Rotterdam. - CNA/ch Source: Channel NewsAsia
Korean Yard Wins LNG-FPSO Order
DSME says it has won its first order for an LNG-FPSO from Pretroliam Nasional Berhad, Malaysia`s state-operated oil company. The design of this project is a joint effort between DSME and Technip, a France based offshore plant design company. The LNG-FPSO will be 300m long, 60m wide, and have the capacity to store up to a maximum 180,000㎥ LNG with an annual handling capacity of 1.2 million tons. It will be constructed in the Okpo shipyard and delivered in June of 2015. It will provide service to the Kanowit field which is located off the northwest coast of Sarawak state in Malaysia.
Welaptega Awarded Rope Inspection in Australia
Welaptega Marine was awarded a contract to inspect the mooring system of the Nganhurra floating production storage and offloading (FPSO) facility operating in waters off the coast of North West Australia. Welaptega has sent a team of specialist engineers to the facility to conduct a Progressive Inspection program using its Rope Measurement System (RMS) and 3D-modeling system (3DM). “Our Progressive inspection philosophy is a guided examination of mooring systems that focuses on known problems and failure modes,” says Tony Hall, President and CEO of Welaptega Marine. Nganhurra FPSO is operated by Woodside Energy Ltd., and is the first oil production facility in the deep waters off the North West Cape.
Aibel Bags Greater Enfield Project Contract
Aibel Pte Ltd in Singapore has been awarded the E&P contract for modifications on Woodside Energy Ltd’s Nguijma-Yin floating production storage and offloading (FPSO) off Western Australia. The FPSO will undergo modifications to the topsides, hull and turret, along with installation of a new Custom Water Flood module. The contract includes both detailed marine and topsides engineering and procurement services as well as commissioning services. At the peak the Greater Enfield Project will engage more than 100 employees. The work will be executed by Aibel`s office in Singapore.
FPSO Offshore Angola FEED Contract for KBR
KBR awarded FEED for FPSO topsides and hull, Luanda Office to play major role in supplying local content. KBR announce that it has been awarded a FEED contract to perform work for the topsides and hull associated with a new-build, double-sided, single-bottom hull Floating Production Storage and Offloading (FPSO) vessel. The FPSO will be located offshore Angola and FEED is scheduled to start immediately, with a duration of 12 months. KBR’s scope covers the permanently moored FPSO using a spread mooring system. The vessel will be capable of storing a minimum of 1MM BBLS and housing 130 persons on board. The topsides will utilize a single train designed to process 80,000 barrels of oil per day and 90 million standard cubic feet per day at an export pressure of 3,500 psi.
Enterprise Oil Grants $270 Million Offshore Contract
Enterprise Oil said on Friday it had awarded a $270 million contract to FMC/Modec to provide an offshore facility and subsea equipment for the Bijupira-Salema oilfields off Brazil's coast. The planned floating production, storage and offloading (FPSO) facility will have oil-processing capacity of 70,000 barrels of oil per day and storage capacity of one million barrels. Sub-sea development at the fields, in the Campos Basin, will include 15 wells tied back via manifolds, Enterprise said in a statement. Operator of the Bijupira-Salema fields, with a 55 percent interest, Enterprise said the contract was subject to approval by its partners - Brazilian engineering firm Odebrecht and the country's state oil giant Petrobras - with 25 percent and 20 percent, respectively.
Keppel Shipyard Wins Two Contracts
Keppel Shipyard Ltd has secured two contracts worth a total of S$146 million (over $120 million) to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit. The first contract, from Single Buoy Moorings Inc (SBM), involves the conversion of the Very Large Crude Carrier (VLCC) M/T Concorde Spirit into a FPSO facility, to be named FPSO OSX-2. SBM had been engaged by OSX Brasil S.A. (OSX) to supply the FPSO, which is expected to be completed in the second quarter of 2013 and will be deployed in the OGX Petroleo e Gas Participacoes S.A. (OGX) field in Campos Basin, offshore Brazil.
Keppel Delivers FPSO
Keppel Shipyard Ltd (Keppel Shipyard), a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd (Keppel O&M), has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. The 13-month fast-track project is the sixth Floating Production Storage Offloading (FPSO/FSO) conversion project for Keppel Shipyard from Single Buoy Moorings (SBM), member of the SBM Offshore N.V. Group, since 2000. The work scope on the former Stena Congress includes installation and integration of topside modules; the fabrication and installation of the internal turret, flare tower, piperack and helideck; and installation of a hose reel at the stern for offloading to export vessels.
Petrojarl Knarr FPSO Earns AoC from PSA Norway
Teekay’s Petrojarl Knarr FPSO has received PSA Norway’s Acknowledgement of Compliance (AoC), and has now arrived the Knarr field in the North Sea. The AoC is a statement from the PSA expressing the authorities’ confidence that petroleum activity can be performed by the facility within the regulatory framework. FPSO Petrojarl Knarr is to be used on the Knarr field, where BG Norge AS is the operator. The Knarr field is in the North Sea, around 50 kilometers north-east of Snorre. Petrojarl Knarr is classified by DNV GL and sails under the Bahamian flag.
Shell Starts Bonga Phase 3 in Nigeria
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) announced the start-up of production from the Bonga Phase 3 project. Bonga Phase 3 is an expansion of the Bonga Main development, with peak production expected to be some 50,000 barrels of oil equivalent, Shell said. This will be transported through existing pipelines to the Bonga floating production storage and offloading (FPSO) facility, which has the capacity to produce more than 200,000 barrels of oil and 150 million standard cubic feet of gas a day.
FPSO Mooring Inspection Contract for Welaptega
Welaptega Marine awarded contract for a mooring inspection & fitness for purpose evaluation on 'Dhirubhai-1' floating production storage & offloading (FPSO) vessel. The Dhirubhai-1 floating production storage and offloading (FPSO) facility is located in the Bay of Bengal, off the eastern coast of India, and the contract client is Aker Floating Production. A team of specialist engineers will deploy Welaptega’s suite of visualization and inspection technologies including the High-Definition 3D Video (HD3DV), 3D Modeling (3DM), Opticial Chain Measurement System (CMS), Subsea Chain Measurement Caliper and the Rope Measurement System (RMS).
Kongsberg Maritime to Equip Yinson Genesis FPSO
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, the contract is valued at approximately NOK 200 million ($26.2 million) and the FPSO is expected to be operational by 2017. The Yinson Genesis will be deployed to fulfill a 15-year contract (with five yearly extension options) for the chartering, operation and maintenance of an FPSO facility at the Offshore Cape Three Points Block (OCTP)…
Keppel Wins S$100m Contracts
FPSO Umuroa has been delivered to Prosafe Production. Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has been awarded two conversion contracts, worth a total of S$100 million, one by Prosafe Production Pte Ltd, and the other by Shipping Logistics Incorporated for a long term charter to Perenco S.A. The first contract awarded by Prosafe is for the conversion of a 101,832 dwt double-sided tanker, MT Kudam, into a Floating Production Storage and Offloading (FPSO) facility. Subic Shipyard & Engineering Inc (SSEI), an associate of Keppel Shipyard, will carry out the first phase of this FPSO conversion.
Keppel Shipyard Delivers FPSO Alvheim
Keppel Shipyard, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd, delivered FPSO Alvheim, its first Floating Production and Storage Offloading (FPSO) facility for Marathon Petroleum Company (Norway) (MPC). Previously known as MST ODIN, the 87,000 dwt multi-purpose shuttle tanker was contracted to Keppel Shipyard at $84 million for hull upgrading and structural modifications. The scope of work involved procurement; construction and installation of the FPSO hull equipment; fabrication and installation of topside module support structures and green water protection; and modification of the mid-ship moon pool into a cargo tank, turret cone and support structures and caissons for seawater lift pumps.
Kvaerner Invests in New Quay at Stord
Kvaerner said it plans to invest NOK 370 million ($46.8 million) in a new quay at the company's facility at Stord. "The objective for this upgrade will be to make the facility more flexible. We invest now to strengthen our competitiveness, and this extension will position Kvaerner for deliveries of new solutions to both oil and gas projects and other market segments," said Kvaerner president & CEO, Jan Arve Haugan. The investment is subject to approval by Kvaerner's Board of Directors within a short period of time.