Keppel ƶijϻ & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured a floating production storage and offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts worth a total of about US$89 million (S$125 million)…
Chevron's multi-billion dollar deepwater west of Shetland Rosebank development appears to be edging closer back to fruition after a contract was awarded for the floating production, storage and offloading (FPSO) vessel turret. The Rosebank project was on track until 2013…
Shell along with partner Esso Exploration agreed to sell their entire stakes (50-50) in the Anasuria Cluster in the UK Central North Sea to a Malaysian joint venture consisting of Ping Petroleum and Hibiscus Petroleum. News reports put the sale price at US$105 million…
After just four years in production, the Peregrino field in the Campos basin offshore Brazil has passed a significant milestone, with 100 MMbo produced since April 2011. The field, jointly owned by Statoil and Chinese Sinochem, achieved the milestone on 2 August…
Petrobras has begun production at the Iracema Norte development, in the Lula field of the pre-salt Santos basin, just less than 30 days after the FPSO Cidade de Itaguaí arrived at the field, the Brazilian national confirmed on 31 July. Cidade de Itaguaí…
Applying materials and corrosion science to the study of corrosion fatigue in high-strength steel wire aids flexible riser performance understanding. Intertek’s Peter Barnes explains. Example of a riser performing on a platform…
Shell’s second waterflood monitor survey offshore Brazil shows technical success. Jeannie Stell reports. SBM ƶijϻ’s Espirito Santo FPSO can produce up to 100,000 bo/d and inject up to 75,000 b/d of water…
Already deployed off Brazil and West Africa, Jerry Lee investigates a new way to intervene on wells — from the drill pipe. Animated picture of the ocean floor properties of Vallourec. Image from Vallourec…
Wood Group has secured a new contract to carry out front-end engineering and design (FEED) for the Woodside operated proposed Browse floating liquefied natural gas (FLNG) development, offshore Western Australia. Wood Group Kenny (WGK)…
Husky Energy says it still continues to assess potential development options for its West White Rose extension in the Jeanne d'Arc Basin. The firm started production from the nearby South White Rose project, a subsea satellite tieback to the White Rose project's SeaRose FPSO…
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first floating liquefied natural gas (PFLNG1) facility to KAKG-A platform. The platform…
SBM ƶijϻ completed the project financing of the Cidade de Saquarema floating production and storage offloading vessel (FPSO) for a total of US$1.55 billion, which is the largest project financing in the company’s history. Modules…
Drilling has started on the Aje 5 production well in Aje field offshore Nigeria, paving the way for first oil on the floating production, storage and offloading (FPSO) vessel development. The three-phase development, starting with two production wells…
Analysts at Douglas Westwood say despite a current pause in commitments to new projects, the capital expenditure (capex) for Floating LNG (FLNG) vessels is expected to amount to US$35.5 billion over 2015-2021. Spending on floating, storage…
In this video SBM ƶijϻ shows an overview of the floating production and storage offloading (FPSO) units the company has been working on, including a tally of their current project and offerings.