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FPSO

Europe

Statoil chooses FPSO for Johan Castberg

Norwegian operator Statoil has decided to develop its Johan Castberg discovery in the Barents Sea using an FPSO (floating, storage and offloading vessel). The company’s chief executive Eldar Saetre told a seminar in Norway that the planned concept would work well in moving the project forward at a lower cost.

All News

Video: Amplus teams with Technip to offer market versatile mini-FPSO solution

Aberdeen floating production solutions specialist Amplus Energy Services has teamed up with offshore project management, engineering and construction major Technip to develop marginal fields in the North Sea. Much of the estimated remaining UKCS reserves base of up to 24billion barrels oil equivalent is inaccessible using existing infrastructure and given that there are literally hundreds of mini-fields to potentially tap, compact, low-cost, autonomous production systems would appear to offer a solution. This is why Amplus has developed a dynamically positioned, compact floating production, offloading and storage (FPSO) vessel, also why Technip has been drawn to the challenge.

Health, Safety & Environment

BP hit with Skarv FPSO improvement notice

Oil major BP has been issued with a notice from Norway’s safety body for violations related to operational risk on its Skarv FPSO (Floating Production Storage and Offloading vessel). The PSA (Petroleum Safety Authority) said non-conformities were identified in connection with risk management, fire water in the event of gas detection and man-machine interfaces.

Oil & Gas

PSA finds regulatory violations on Goliat FPSO

The Norwegian Petroleum Safety Authority (PSA) has found a number of regulatory violations on board the newbuild production unit for the Goliat field development. The safety body made the findings after an audit of electrical installations on the unit for the project run by Eni in the Barents Sea.

Oil & Gas

FPSO achieves first oil offshore Brazil

MODEC said its Floating, Storage, Production and Offloading (FPSO) vessel Cidade de Itaguai MV26 has achieved first oil offshore Brazil. The vessel is working in the Iracema Norte area of the Lula field in the pre-salt layer of the Santos Basin.

Oil & Gas

Tributes paid to offshore worker after death on North Sea FPSO

An offshore worker has died while working on an FPSO (Floating, Production, Storage and Offloading) vessel in the North Sea. Tributes have been paid to William Nichol, 61, who had been working for IKM Testing UK Limited on the Anasuria FPSO. Police were sent offshore to investigate following the incident which happened at around 4pm on Tuesday on the Shell-operated vessel.

Oil & Gas

BG Group starts up sixth production in Santos Basin

BG group has achieved first oil from the Cidade de Itaguai floating, production, storage and offloading vessel (FPSO) in the Santos Basin. The company said the FPSO is the sixth unit to start production across the group’s discoveries, offshore Brazil. The vessel will produce from the Iracema North area of the Lula field in the Petrobas-operated S-11 block.

Oil & Gas

Gallery: Quad 204 ‘Glen Lyon’ FPSO under construction in South Korea

These images show the Glen Lyon FPSO (Floating Production Storage and Offloading) vessel under construction in South Korea. The state-of-the-art FPSO will eventually make a journey across the world to work on the £3billion Quad 204 redevelopment project of the Schiehallion and Loyal fields, west of Shetland. Glen Lyon replaces the Schiehallion FPSO, which started producing oil in 1998 and continued doing so for 15 years until operations were suspended for Quad204 subsea work.

Markets

Eni signs agreement with Yinson for FPSO

Malaysian company Yinson has signed an agreement with Eni to supply an FPSO (Floating Production Storage and Offloading) vessel in Ghana. The deal is for a firm charter period of 15 years with five yearly extension options exercisable by Eni Ghana. The FPSO will process oil and gas from the Offshore Cape Three Points (OCTP) block which is located in the Tano Basin.

Americas

Petrobas FPSO moved to fitting-out yard

Petrobas has moved the hull of P-66, the first of a series of eight sister FPSOs (floating production, storage and offloading units) being constructed to meet oil production demands offshore Brazil. It is also the first FPSO hull completely built in the country.

Markets

Premier downsizes Sea Lion spending but confirms Catcher’s finances ‘robust’

Premier Oil has downsized its spending on the Sea Lion development in the Falkland Islands, the company has announced. The project had originally been earmarked for spending of more than £3billion. However in its interim statement, the company said following a project review, the Sea Lion would now progress to a “smaller development” with an estimated spending of less than £2billion.