Floating Production Storage and Offloading
Petrobras to send invitations to bid on Carioca FPSO Petrobras and its partners, BG Group (BG) and Repsol–Sinopec Brazil, are preparing the invitation to bid (ITB) to be sent to the charter companies for the lease of a floating, production, storage and offloading (FPSO) vessel at Carioca in the Santos Basin. Originally the Carioca FPSO was […]
Noble Energy plans first Colorado LNG facility The Houston-based Noble Energy (Noble) announced to build and operate the first facility in Colorado, USA, to produce liquefied natural gas (LNG). With a production capacity of only 100,000 gallons per day (approximately 60,000 tonnes per year), this Colorado LNG plant will rank among the smallest ones ever built […]
Chevron to spend $5.6 billion in Mafumeira Sul project Cabinda Gulf Oil Company Ltd (Cabinda), the Angola subsidiary of the California-based international oil company Chevron Corporation (Chevron) and its partners Sonangol, Total and Eni made the final investment decision (FID) regarding the Mafumeira Sul project. Located offshore Angola, the Mafumeira Sul project (Mafumeira South) is the expansion […]
PTTEP to join ExxonMobil, Total and Pertamina On October 20th, 2012, the Director of the Oil and Gas at the Indonesian Ministry of Energy and Mineral resources confirmed that the Thai national oil company, PTTEP, has been selected to replace the leaving Malaysian Petronas from the partnership. In the competition, to take the seat left by […]
SBM will supply, lease and operate a converted FPSO The Fram field is located in United Kingdom continental Shelf (UKCS) including the Blocks 29/3c, 29/4c, 29/8a and 29/9c in the central North Sea, around 220 km east of Aberdeen, Scotland, UK, in a water depth of approximately 97 m. These blocks are jointly owned by […]
Chevron to award FEED for Rosebank FPSO The Rosebank oil and gas field discovery is located on Blocks 213/26 and 213/27, in the Faroe-Shetland Channel, 130 km northwest of the Shetland Islands in 1,115 m of water depth on the Corona Ridge near the UK border. Rosebank is considered to be one of the biggest discoveries […]
Toyo Engineering and SOG Oleo e Gas signed a MOU On May, 2012, Toyo Engineering Corporation (Toyo) and SOG – Óleo e Gás S.A. (SOG), a leading engineering company in Brazil, signed a Memorandum of Understanding (MOU) to create the new Brazilian joint venture company TS Participações e Investimentos S.A.. The signature ceremony was officially […]
Definition FPSO is the acronym of Floating Production Storage and Offloading. A FPSO unit is a floating vessel used in the oil and gas industry to treat the oil and gas and condensates offshore before their transportation to the land by pipeline or shuttle vessels. Comments The FPSO is a multi-functions vessel for the processing of the oil […]
