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Offshore investments to rebound from 2021

Offshore investments are expected to rebound from 2021 and oil and gas operators will be looking for yards to build new facilities, according to Rystad. 40% of these contracts are expected to be floating production storage and offloading (FPSO) units in the next five years.

Guidance launched for FPSOs in Brazil

ABS has launched a support package for offshore operators in Brazil’s complex regulatory environment. It also published a technical advisory and two new notations. 

MODEC supplies largest FPSO to be ever delivered in Brazil

Japan’s MODEC inked a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltda, to supply a Floating Production Storage and Offloading (FPSO) vessel for the Bacalhau (formerly Carcará) field offshore Brazil, the largest FPSO facility ever delivered to Brazil.

Safety order on Terra Nova FPSO after incident

The Canadian offshore regulator, the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB), recently informed that Suncor Energy has been given a safety order following an investigation of an incident on the Terra Nova FPSO.

Senegal gives green light for Sangomar project

The Government of Senegal has approved the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture Exploitation Plan and granted the Exploitation Authorization for the Sangomar field development located offshore Senegal. 

Worker injured after falling from ladder on Terra Nova FPSO

A worker onboard the Terra Nova FPSO, off the east coast of Canada, was injured Sunday, after falling from a ladder while conducting gas testing, the operator informed in an official statement. The offshore medic and emergency response team were called to the scene.

Canadian regulator suspends production on Terra Nova FPSO

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) issued a notice of non-compliance and an order to suspend production-related operations on the Terra Nova Floating, Production, Storage and Offloading (FPSO) vessel, operated by Suncor Energy about 350 kilometres east of St. John’s.

Brazil deploys highest number of FPSOs by 2025

Brazil continues to drive global deployment of floating production storage and offloading vessels (FPSOs), with a total of 21 planned and announced FPSOs during the outlook period 2019 to 2025, according to data and analytics firm GlobalData.

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