SBM Offshore announced that it has received a letter of interim award (LOIA) from Shell for the supply, lease and operation of a FPSO for the Fram field in the UK sector of the North Sea. The LOIA allows SBM Offshore to commence engineering and procurement of long lead items to ensure timely completion of [...]
June 15, 2012 | Posted in
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BW Offshore has signed a 5 year contract with Statoil for the operation of the FPSO Peregrino, with options for additional 15 years. The unit is operating on the Peregrino oil field offshore Brazil. BW Offshore will take over operation after a transition period of 6 months. BW Offshore is the world’s second largest FPSO [...]
Subsea mooring connector specialist, First Subsea, has successfully completed the mooring of the PSVM (Plutao, Saturno, Venus and Marte) FPSO in 2,000 meters (6,562 feet) of water, in the BP Block 31 ultra deepwater development, offshore Angola. The external turret-moored FPSO has 12 mooring lines, each with a Ballgrab Series I ball and taper subsea [...]
Höegh LNG Holdings Ltd. has entered into an agreement with a confidential client to initiate a project specific engineering and cost study for an LNG FPSO solution. The study is estimated to take 3 to 4 months, at which point a decision shall be made as to whether or not a full FEED study would [...]
For a decade, Cathelco ICCP equipment has successfully protected the hull of the FPSO Xikomba against corrosion, a vessel which was originally built as a VLCC in 1974. Now as FPSO prepares to embark on the next phase of its operational life, Cathelco are renewing the impressed current cathodic protection system, safeguarding the integrity of [...]
May 3, 2012 | Posted in
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MODEC and TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation and MODEC, Inc. established in Singapore, has been awarded a contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system by MODEC’s Singaporean subsidiary, MODEC Offshore Production Systems (Singapore) Pte. Ltd. The FPSO will [...]
April 26, 2012 | Posted in
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Keppel Shipyard Ltd (Keppel Shipyard) has secured Floating Production Storage and Offloading (FPSO) upgrading projects from its long-term partners SBM Offshore N.V. (SBM Offshore) and Bumi Armada Berhad (Bumi Armada). The combined contract value of the two projects is S$170 million. The first project is from SBM Offshore to refurbish and upgrade an existing FPSO [...]
April 4, 2012 | Posted in
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SBM Offshore N.V. announced that contracts for the twenty year charter and operation of FPSO Cidade de Ilhabela for the north part of Sapinhoá field (former Guara Area) development in the pre-salt area, offshore Brazil, have been executed with GUARA BV and with BM-S-9 Consortium. The consortium is established by the companies PETROLEO BRASILEIRO S.A. [...]
April 2, 2012 | Posted in
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OSX raised US$ 500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3. The FPSO OSX-3 will have an oil production capacity of 100.000 bopd and a storage capacity of up to 1.300.000 bbls. The unit will be chartered [...]
March 14, 2012 | Posted in
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Mitsubishi Heavy Industries Compressor Corporation (MCO), a wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order for six compressor packages to be installed on a floating production, storage & offloading system (FPSO), which Tupi BV plans to operate in the area of BM-S-11 at Brazil’s coast. The compressor packages are the core [...]
March 14, 2012 | Posted in
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