Tag: FPSO

Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020.

BW Offshore issued a statement informing of an incident that took place in a cargo tank onboard the FPSO Espoir Ivoirien, which led to two fatalities.

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.

As much as 40% of maintenance work carried out by FPSO vessel operators is unnecessary, according to latest findings by Lloyd's Register. By reducing these unwarranted manhours, operators could save on average almost £600,000 per asset each year, which is equivalent to £15m over an assets' life.

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. 

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.

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.

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. 

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.

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.