Fpso News

 

Guyana's Shore Base Project Could Cut Shipping Costs by About 12%

Feb 16, 2023

Companies working on a $300 million logistics facility in Guyana that will support offshore oil operations said on Wednesday the shore base will help reduce shipping costs for supplies by as much as 12% by allowing larger supply vessels to dock.A consortium consisting of U.S. companies Exxon Mobil Corp and Hess Corp and China's CNOOC began production in Guyana in 2019 and has ramped up output since…

Exxon Mobil Continues to Ramp Up LNG Portfolio

Mar 22, 2024

Exxon Mobil is ahead of schedule with its plan to double the size of its liquefied natural gas (LNG) portfolio to 40 million tons per annum (mtpa) by 2030 and will focus on selling its own gas rather than trading that of third parties, said Peter Clarke…

deugro Completes Heavy Lift Move for FPSO Project in China

Dec 11, 2023

deugro reports that it has delivered a 15.8 x 13.2 x 17.2-m, 392-metric ton CO2 removal system from Rizhao to the COSCO Shipyard Qidong, China.The journey began in Rizhao, China and concluded at the COSCO Shipyard Qidong, spanning a domestic…

Digitizing Risk-based Integrity Management of FPSOs

Oct 23, 2020

Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…

Webinar: Floating Production Forecasts & Analysis

Jul 24, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

Webinar: Floating Production Forecasts & Analysis

Jul 21, 2020

A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis…

SHI Losses Widen

Nov 10, 2019

South Korean Samsung Heavy Industries (SHI) reported its third-quarter net loss of 583.2 billion won (US$ 503.8 million), compared with a KRW80.30 billion loss in the same quarter a year earlier, staying in the red compared with a year ago.The…

MTL: Allan Named Senior Naval Architect

Apr 30, 2019

FPSO and marine integrity management specialists, Marine Technical Limits (MTL) has welcomed a senior naval architect to its team.Paul Allan, who has more than 10-years’ experience in delivering naval architecture and marine warranty surveying (MWS) to the oil and gas industry…

Norway Postpones Decision on Arctic Oil Terminal

Dec 14, 2018

The Norwegian government has postponed a decision on whether to mandate the construction of an oil processing terminal near the Arctic tip of northern Europe until the third quarter of next year, it said on Friday.If built, the onshore Veidnes…

Sapura Energy Wins Contracts in Mexico, Malaysia

Nov 21, 2018

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s…

Logistics News

Shiploader Collapses at Brazil's Recife Port

Shiploader Collapses at Brazil's Recife Port

Corpus Christi Crude Oil Exports Up 6.9% in Q1

Corpus Christi Crude Oil Exports Up 6.9% in Q1

Simulators Track our Changing Relationship with Technology

Simulators Track our Changing Relationship with Technology

Port Houston Surpasses One Million TEU Mark in First Quarter

Port Houston Surpasses One Million TEU Mark in First Quarter

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