Brazil’s state-owned oil giant Petrobras experienced a drop in domestic oil output during April due to scheduled stoppages of two FPSO units in Campos Basin. The company’s total production of oil and natural gas in April was 2.72 million barrels of oil equivalent per day (boed), of which 2.60 millio
Brazilian oil company Petrobras has started oil and natural gas production in the area of Lula Sul (South), at the Santos Basin pre-salt, through FPSO P-66. The FPSO unit left the shipyard and headed to its offshore location in February and, following arrival and hook up, production started on Wedne
Following last week’s umbrella agreement for the Fortuna FLNG project off Equatorial Guinea, a construction contract has been awarded for conversion of an LNG carrier to a floating liquefaction facility (FLNG). Ophir Energy informed on Wednesday that Golar LNG Limited has executed amended and novate
Ophir Energy, the operator of the Fortuna gas field offshore Equatorial Guinea is close to securing the financing needed for the FLNG development. The company, which aims to make the final investment decision on the project in mid-2017, has reportedly received backing from unnamed Chinese banks. Acc
Addax Petroluem has terminated a contract with BW Offshore for an FPSO operating offshore Nigeria after losing a dispute related to payment of outstanding dayrates for the unit. BW Offshore and Addax Petroleum, a subsidiary of Sinopec, had been in a dispute over unpaid dayrates for the FPSO Sendje B
Shell’s Prelude FLNG, world’s largest offshore facility, is set for completion and startup in 2018, despite a fatal incident that happened at the Samsung Heavy Industries shipyard earlier this week. The construction of the giant facility started back in 2012. Once completed, it will be deployed offs
Offshore and marine classification society ABS has teamed up with South Korea’s Daewoo Shipbuilding and Marine Engineering Co. (DSME) to support safety and apply class guidance to a conceptual Floating Liquefied Natural Gas (FLNG) unit. “We are pleased to sign this agreement and work with DSME to su
The Republic of Equatorial Guinea, Ophir Energy, OneLNGSA and La Compañía Nacional De Petróleos De Guinea Ecuatorial (GEPetrol) have signed a detailed umbrella agreement that establishes the full legal and fiscal framework for the Fortuna FLNG project, Africa’s first deepwater FLNG project. Ophir ex
Keppel Offshore & Marine’s subsidiary, Keppel Shipyard, is on track to deliver a floating production storage and offloading (FPSO) vessel to BW Offshore, meant for Premier’s North Sea field. Josephine Teo, Singapore’s Senior Minister of State, Prime Minister’s Office, Ministry of Foreign Affairs & M
Malaysia’s Yinson has secured an FPSO contract with Talisman Vietnam. The FPSO will be deployed at Talisman Vietnam’s Ca Rong Do field. The contract is for 10 years with five extension options. According to Yinson, the total value of the bareboat charter is approximately $1.0 billion, options includ
Australian energy company Woodside is still working on the development concept for its Browse Basin gas fields, offshore W. Australia. While the concept initially called for three FLNG facilities, Woodside in March 2016 decided not to move forward with the development, citing „current economic and m
Emas Offshore Construction and Production is set to demobilize the Perisai Kamelia FPSO from its location offshore Malaysia. The FPSO is owned by Emas Victoria, a joint venture between Perisai Petroleum and Emas Offshore. Under the agreement, EOCP will provide project management, engineering and pro
Brazilian state-owned oil company Petrobras has said that its total production of oil and natural gas in March was 2.74 million barrels of oil equivalent per day (boed), of which, 2.61 million boed produced in Brazil and 130,000 boed produced abroad. Average oil production in the country was 2.12 mi
The Western Isles FPSO, destined for the Dana-operated offshore project in the UK, has reached Rotterdam, the Netherlands.
