
Production Storage and Offloading vessel (FPSO).
Chevron Rosebank to unlock one fifth of UK’s reserves Chevron and its partners Statoil from Norway, OMV from Austria and Dong Energy (Dong) from Denmark selected WorleyParson and its subsidiary Intecsea to perform the front end engineering and design (FEED) of the facilities to develop the offshore Rosebank project in UK. The Rosebank field is […]
Laverda to contain 100 million barrels deep offshore WA Woodside Petroleum (Woodside) from Australia and Mitsui Oil Exploration Co, Ltd (Mitsui) have decided to move ahead in the development of the Laverda oil field in respect with the promising conclusions of the last appraisal drilling operations. In Laverda the both partners share working interests so […]
Cosco to build Sevan-designed cylindrical Dana FPSO The UK-based Dana Petroleum (Dana), a subsidiary of the Korea National Oil Corp (KNOC), and its partner Cieco (Itochu Oil Exploration Corp. LTd), awarded to the Chinese Cosco Shipyard Group (Cosco) the engineering, procurement and construction (EPC) contract for its Western Isles Floating Production Storage and Offloading (FPSO) unit. […]
Statoil’s withdrawal opens door to Gazprom for new partnership with other Majors Since Gazprom, Total and Statoil could not make the final investment decision (FID) in June 30th on Shtokman despite $1.5 billion capital expenditure already spent in the project, some major changes were expected in the project. Statoil‘s decision to withdraw from the project, […]
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 […]
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 […]