Fps News


Subsea 7 to Tie Murphy's Discoveries to King's Quay FPS

Mar 03, 2020

Offshore installation contractor Subsea 7 on Tuesday said it had won a contract from Murphy Oil for the provision of the subsea installation services related to the Samurai, Khaleesi, and Mormont developments in the U.S. Gulf of Mexico.The contract…

Zennor Wraps up 2019 Finlaggan Subsea Gig

Oct 01, 2019

UK North Sea operator Zennor Petroleum announced that the 2019 Finlaggan subsea installation campaign utilizing six separate vessels over the summer has been safely and successfully completed.The program has seen the 20km long, 10” insulated (pipe-in-pipe) Finlaggan pipeline laid and trenched…

FLNG Project Count Hits 20

Aug 26, 2019

Finance — or at least project economics based on long-term commodity prices — appear to be factors limiting a surge in investments in floating liquefied natural gas (FLNG) a new study by U.S.-based numbers cruncher, World Energy Reports, revealed Monday…

Murphy Green-lights King’s Quay FPS

Aug 09, 2019

Murphy Oil has sanctioned the King’s Quay project in the US Gulf of Mexico, the US independent revealed in its second quarter earnings report.Anchored by the deepwater Khaleesi/Mormont and Samurai developments, the King’s Quay floating production…

Gulf of Mexico Oil Production Hits Record

Jun 03, 2019

Oil production in the US Gulf of Mexico (GoM) is poised to set new records in the imminent future, said Rystad Energy.Royal Dutch Shell started producing oil and gas this month at its Appomattox platform in the deepwater GoM several months ahead of its expected startup in 3Q 2019…

Moog Focal Products for APL Norway AS

Feb 22, 2019

A Floating Storage and Offloading project in the Norwegian Sea is to benefit from high-end products for data and process control from MacArtney & Moog Focal.MacArtney has secured a contract from APL Norway AS, a Norwegian Mooring and Loading…

FPS Market in Americas to Grow 7%

Feb 22, 2019

The floating production systems (FPS) market in Americas will register a CAGR of almost 7% by 2023, said a study.The need to meet the increase in demand for energy for both export and domestic consumption in the region is driving the growth of offshore oil and gas activities…

LLOG Exploration Reports Deepwater Exploratory Discovery

Jan 15, 2019

The  deepwater exploration company operating primarily in the Gulf of Mexico  reported the drilling of a successful discovery on its Nearly Headless Nick exploratory prospect on Mississippi Canyon Block 387 in the deepwater Gulf of Mexico.Louisiana…

Prosafe Wins Two North Sea Contracts

Dec 21, 2018

Semi-sub owner and operator Prosafe said it has been awarded two contracts for operations in the U.K. sector of the North Sea.The Regalia has been chartered for a 60-day duration commencing June 2019, and the Safe Caledonia has been chartered for an 80-day duration commencing June 2020…

HHI to Build FPS for LLOG Exploration

Oct 10, 2018

South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a contract to build a floating production system(FPS) for LLOG Exploration of the U.S..HHI, the world's biggest shipbuilder by orders, said in a stock exchange announcement…

Forties pipeline now fully operational

Jan 02, 2018

UK North Sea Forties Pipeline System (FPS) operator Ineos says the system is now fully operational, following repairs works to a crack found in an onshore section of the pipeline, early December. 'All restrictions on the flow of oil and…

Forties pipeline repairs 'mechanically complete'

Dec 27, 2017

Forties Pipeline System (FPS) operator Ineos says all restrictions on flow through the pipeline have now been lifted following mechanical completion of a repair to the onshore section of the major North Sea export trunkline.  'All restrictions…

Forties pipeline repairs to complete by Christmas

Dec 22, 2017

Work to fix a pipeline which is costing the UK North Sea industry millions in lost production a day is due to complete by Christmas, the operator has said.  INEOS, which operates the Forties Pipeline System (FPS), a major export pipelines from some 80 assets in the UK North Sea…

Shut-in Forties pipeline costing $26m/day production losses

Dec 13, 2017

North Sea production shut-in due to a 'hairline' crack in a pipeline is costing operators US$26.68 million a day in lost production, according to industry body Oil & Gas UK.  The crack was found last week in an onshore section of the 235mi-long Forties Pipeline System (FPS)…

Hairline crack shuts-in 400,000 b/d of North Sea production

Dec 12, 2017

A 'hairline' crack in the Forties Pipeline System (FPS), which in 2017 brought 40% of North Sea oil onshore to Scotland, has helped to push oil prices up, thanks to its operator INEOS deciding to shut down the system for repairs. The 235mi-long FPS is a major trunkline…

Current News

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

Indonesia Awards Oil and Gas Blocks to Boost Reserves

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

CNOOC Puts Into Production New Oil Field in South China Sea

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