FPSO

Husky Energy from Canada and CNOOC from China own each of the Madura fields, BD, MDA & MBH, in the Madura Straight on East Java, Indonesia. The remaining 20% belongs to the local Samudra Energy. The  Madura BD project is well in progress as decision was made last year to go for a FPSO to process […]

To meet the Malaysia oil & gas production targets, Hess and Petronas have decided to speed up the development of the Kamelia and Belud oil fields. On Kamelia in the North Malay Bassin, Hess has awarded a letter of Intend to Emas Offshore Production & Construction (EOCL) to charter a FPSO for a first period of […]

Converting crude Supertankers or Very Large Crude Carriers (VLCC) into FPSOs is part of Petrobras program to speed up offshore oil fields development. The consortium made of Odebrecht, OAS and UTC, called the Enseada do Paraguacu consortium, has been awarded this contract on Lump-Sum-Turn-Key basis for an amount below $1.75 billion. Petrobras acquired last year these […]

Gazpromdobychashelf, the wholly owned Gazprom subsidiary and operator of Shtockman projects, has annouced to expect the completion of the FEED for the offshore pipeline at the end of the year. In parallel, WorleyParsons is making good progress on the FEED of the FPSO, the solution selected for the second and third phases of Shtockman. With a […]