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ExxonMobil and partners to invest $14 billion by 2017 ExxonMobil, Chevron, Suncor Energy (Suncor), Statoil and Nalcor Energy Oil and Gas (Nalcor) made the final investment decision (FID) to develop the Hebron offshore oil field project in Canada. The Hebron oil field is located offshore the Newfoundland and Labrador on Canada East Coast, in the […]

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Adma-Opco evaluates bids for Umm al Lulu EPC-1, Umm al Lulu EPC-2, Sarb EPC-3 and Sarb EPC-4 Abu Dhabi Marine Operating Company (Adma-Opco), a subsidiary of Abu Dhabi National Oil Company (ADNOC) is working on commercial bid for the development of the Umm al Lulu and Satah al Rasboot (Sarb) offshore oil and gas fields. In Abu Dhabi, Adma-Opco is the national […]

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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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Definition The Topsides are the surface installations allowing the drilling and/or production and/or processing of offshore hydrocarbons. Comments Normally used as a plural the Topsides comes from the ship building industry to designate all the portion of the ship coming on the top of the hull or above the waterline. Then it applies on the […]

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