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FPSO

Oil & Gas

Keppel wins another Petrobras FPSO deal worth $2.8bn

Keppel Offshore & Marine's (Keppel O&M's) subsidiary, Keppel Shipyard, has won a tender from Brazil’s national oil company, Petrobras, to carry out the engineering, procurement and construction (EPC) of P-83, a floating production, storage and offloading vessel (FPSO), in a deal worth about US$2.8 billion.

Oil & Gas

Petrofac hires ship for Northern Endeavour FPSO gig

Akastor subsidiary DDW Offshore has been awarded a firm one-year contract by Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO Northern Endeavour together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea.

Oil & Gas

Keppel O&M wins giant US$2.9bn FPSO deal from Petrobras

Keppel Offshore and Marine's (Keppel O&M's) (SGX:BN4) wholly owned subsidiary, Keppel Shipyard, has won an international tender from Brazil’s national oil company, Petroleo Brasileiro S.A (Petrobras), for the engineering, procurement and construction (EPC) of P-80, a floating production, storage and offloading vessel (FPSO) in a deal worth about US$2.9 billion.

Oil & Gas

MODEC and Toyo create JV for large-scale FPSOs

Japanese FPSO leasing specialist MODEC, and compatriot Toyo Engineering Corporation have sealed a deal to form a joint venture company for the engineering, procurement, construction, and installation (EPCI) business of FPSO vessels.

Oil & Gas

Oil spill offshore Western Australia at Jadestone’s Montara field, share price dives

UK-listed Jadestone Energy has reported an oil spill offshore Western Australia at the Montara oilfield when oil was being transferred between two crude tanks onboard the Montara Venture FPSO. Oil was observed on the surface of the sea and the field has now been shut down after a hole was identified in the bottom of the tank of the floating production storage and offloading (FPSO) unit.

Asia

BW Offshore FPSO recycling strategy criticised after death at Indian yard

BW Offshore’s strategy for recycling its end-of-life floating production storage and offloading (FPSOs) units has been criticised following a fatality at a ship breaking yard in India. BW is one of the largest operators of FPSOs for the oil and gas sector, but its decommissioned units are being dismantled in yards with questionable health, safety, and environmental credentials.

Asia

Singapore’s Keppel O&M bags $186 million worth of contracts

Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary Keppel Shipyard Ltd (Keppel Shipyard), has been awarded contracts worth around S$250 million ($186 million) for the conversion of a Floating Storage and Regasification Unit (FSRU), integration of a Floating Production Storage and Offloading (FPSO) vessel, and the enlargement of two Trailing Suction Hopper Dredgers (TSHD).