Bluewater Shipping, a provider of floating production storage and offloading units for the international offshore oil and gas industry, reported a raise in net profit of the first half of 2016. The company’s profit after tax was $43.6 million, up from $1.2 million for the corresponding period of 201
InterMoor, an Acteon company, has completed its involvement in the decommissioning operations of the OSX-1 floating production storage and offloading (FPSO) vessel, offshore Brazil. The company said on Wednesday that it was responsible for the disconnection of the submerged turret production system
Swedish independent oil company Lundin Petroleum has canceled a deal to sell the Bertam floating production storage and offloading (FPSO) vessel to a Malaysian company. Lundin said in January that it had entered into an agreement to sell the FPSO Bertam to M3nergy Investment Ltd (M3nergy), a wholly
Mechanical engineering specialist EnerMech is in the process of delivering a contract worth over £5 million ($6.6M) supporting the turret delivery team on BP’s Glen Lyon floating production storage and offloading (FPSO) vessel. The vessel left Aibel’s yard in Haugesund, Norway in June, towed by Sols
Shell has awarded DOF Subsea a five-year contract with 2x two-year options to provide a full-time underwater services and multi-purpose supply vessel (MPSV) to the Prelude floating LNG vessel. Prelude FLNG, the largest floating facility ever built, will produce, liquefy, store and transfer LNG at se
On Thursday morning, Det norske oljeselskap was informed about a hydrocarbon leak in the pump room aboard the Alvheim floating production, storage and offloading (FPSO) unit, located in the North Sea offshore Norway. Det norske oljeselskap is the operator of the Alvheim field with 65% working intere
Norwegian offshore safety body, the Petroleum Safety Authority, has found several irregularities and improvement points during an audit of Teekay Petrojarl, a floating production, storage and offloading (FPSO) operator in the North Sea. PSA’s audit, conducted aboard the Knarr FPSO, focused on overal
Panoro Energy has announced that the commissioning of the Front Puffin FPSO, on the Aje field offshore Nigeria, has now been completed, and the FPSO is on hire following the 72 hour test. The FPSO arrived in Nigeria in March and first oil production from the Aje field started on May 3, 2016. The fie
Samsung Heavy Industries, one of South Korea’s largest shipbuilders, is reportedly on the verge of winning a large deal to build a floating LNG facility. As a matter of fact, according to South Korea’s Yonhap News Agency, the shipyard has ‘virtually secured’ a $2.5 billion order for the FLNG unit, r
Offshore Energy Today reported earlier this week that Petrobras brought the SBM Offshore-owned FPSO Cidade de Saquarema online by connecting it to the first production well on the Lula field, located in the Santos Basin offshore Brazil. SBM Offshore, a Dutch provider of floating production storage a
AusGroup, through its subsidiary MAS Australasia, has been hired by Technip for work the Shell-operated Prelude FLNG. Under the deal MAS will deliver scaffolding and provide rope access activities required for the hook-up and commissioning scope of work, supporting pre-investment activities in Austr
Brazil’s state-owned oil giant Petrobras has started operations on the Lula field, located in the Santos Basin offshore Brazil, by connecting the first production well to the FPSO Cidade de Saquarema. The production well was connected on Friday, July 8, and the output was stabilized to around 30 mil
SapuraKencana Petroleum and Petrofac Energy Developments have reached a mutual agreement with Petronas for the cessation of the Berantai Risk Service Contract (RSC), for the Berantai field, offshore Malaysia. The Berantai RSC was signed on 31 January 2011 with Petronas and was the first RSC awarded
A fire outbreak incident struck a construction site of Shell’s Prelude – the world’s largest floating LNG facility, being built in South Korea. In a statement to Offshore Energy Today, a Shell spokesman said: “Shell can confirm there was an incident on the Prelude construction site last week that le
