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Premier and Rockhopper to switch from TLP to FPSO The UK-based junior companies Premier Oil plc (Premier Oil) and Rockhopper Exploration plc (Rockhopper) are changing their strategy to develop the Sea Lion oil and gas project located offshore the Falklands Islands in the contested zone of the South Atlantic Ocean. Discovered in 1998, the Sea […]

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Petronas calls for competitive FEED on Sepat project Since 2010, the national oil company (NOC), Petrolian Nasional Bhd (Petronas), has decided to put efforts to develop marginal fields offshore Malaysia. Around the Malaysian peninsula, Petronas identified 106 marginal oil fields representing more than 580 million barrels of crude oil that it cannot ignore any longer. These […]

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Technip and Samsung Heavy Industries won Topsides In selecting the consortium made of  Technip and Samsung Heavy Industries (SHI) for the topsides of its Martin Linge project in Norway, the french international oil company, Total, awarded the main package of this $4.2 billion project. Lying by 120 meter water depth on the Norwegian Continental Shelf (NCS), the Martin Linge […]

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Technip and Daewoo in progress on Sarawak FLNG In June 2012, Petronas Floating LNG 1 (Labuan) Ltd, a wholly owned subsidiary of Petroliam Nasional Berhad (Petronas) selected the Technip-Daewoo Consortium (TDC) to design and build the first floating unit to produce liquefied natural gas (LNG) in Malaysia. This Malaysia FLNG1 is to be installed 180 kilometers offshore […]

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ConocoPhillips to merge Offshore experience and Cascade LNG know-how into its first Floating LNG In 1969 the ConocoPhillips Company (ConocoPhillips) pioneered liquefaction of natural gas (LNG) with its first LNG facility in Kenai LNG, Alaska, USA. Then ConocoPhillips optimized its process with a series of world-scale onshore LNG projects, Atlantic LNG, Egyptian LNG, Darwin LNG, Equatorial LNG and Angola […]

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Definition Converted FPSO refers to a Floating Production Storage and Offloading (FPSO) vessel made by the modification of an existing transportation vessel, usually a crude oil shuttle tanker. Converted FPSO opposes to new-build FPSO which is designed and constructed from a white page.  Comments The conversion of a transportation vessel into a FPSO is a common practice used in multiple […]

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