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Fps News

 

Delta House hits nameplate production

Jan 05, 2016

Louisiana-based LLOG Exploration’s Delta House floating production system (FPS) achieved its nameplate oil capacity of 80,000 b/d in the Gulf of Mexico during the last days of 2015. Image of Delta House…

The floating production market: 2016 & beyond

Jan 01, 2016

While depressed commodity prices lend to pessimism, floating production systems are projected to remain an integral component of offshore field development. Quest Offshore analyst Andrew Jackson explains. The…

Analyst: Oil prices aren't low enough

Dec 09, 2015

It goes without saying that Art Berman with Labryrinth Consulting Services has a belief about oil prices that is likely not shared by many in the oil and gas industry: Berman believes the prices should be lower. “Prices have to fall further…

GOM to see FPS resurgence

Nov 30, 2015

With a mere four orders so far this year the floating production system (FPS) sector is suffering. However, things are anticipated to be better next year, with the US Gulf of Mexico (GoM) in particular, having a surprisingly bright future…

Technip, SHI enter design partnership

Sep 22, 2015

Technip and South Korea’s Samsung Heavy Industries (SHI) are teaming up to develop a joint design of a low motion semisubmersible production platform. Technip and SHI already work together under a consortium arrangement, the Technip Samsung Consortium…

A stabilizing design

Sep 01, 2015

Audubon Companies’ Denis Taylor and LLOG Exploration’s Craig Mullett discuss changing design considerations for condensate stabilization on the Delta House FPS in the Gulf of Mexico. Delta House…

FPS market expected to rise

Sep 01, 2015

Spending on floating production systems is expected to increase 73% in 2015-2019, with US$81 billion due to be spent over that period. Douglas Westwood analyst Ben Wilby sets the scene. BG Group’s Knarr FPSO…

McDermott wins Otis subsea work

Jun 23, 2015

Louisiana-based LLOG Exploration Offshore (LLOG) awarded Houston-based McDermott International a lump sum contract to support LLOG’s Otis development located in the Gulf of Mexico. LV 105. From McDermott…

Delta House flows

Apr 17, 2015

Louisiana-based LLOG Exploration Co. began production from the Delta House floating production system (FPS) in the Gulf of Mexico. Delta House. From LLOG. Delta House is located in Mississippi Canyon 254…

West Africa an FPSO hot spot

Mar 09, 2015

The low oil price is having major impact across the oil and gas industry. However, DW’s recently released World Floating Production Market Forecast 2015-2019 expects capital expenditure on FPS units to total $81 billion between 2015 and 2019…

Wood Group wins $750m BP contract

Dec 11, 2014

Wood Group PSN (WGPSN) has been awarded a five year contract worth about $750million by BP for engineering, procurement and construction services on six UK continental shelf (UKCS) offshore upstream assets and the Forties Pipeline System (FPS) onshore midstream facilities in Grangemouth…

Delta House hook up complete

Dec 01, 2014

InterMoor successfully completed the installation and hook up of the permanent mooring system for the Delta House field floating production system (FPS) in the Gulf of Mexico. InterMoor crew hook up at Delta House…

Forties pipeline installed

Oct 31, 2014

Apache North Sea Ltd. awarded STATS Group a contract to safely isolate the Forties Pipeline System (FPS) in the North Sea. The contract is for subsea isolation valves (SSIV) and piping spools to be safely installed and leak tested. This…

Delta House moves to GoM

Oct 09, 2014

Marine Contracting's Houston outfit towed LLOG Exploration’s Delta House semisubmersible floating production system (FPS) to its operating site located in Mississippi Canyon 254 in the Gulf of Mexico. LLOG Delta House…

FPSO market forecast

Sep 01, 2014

Energy analysts Douglas-Westwood estimates in its World Floating Production Market Forecast that US$91 billion will be spent on FPSs during the period of 2013-2017. This marks a 100% increase over the previous five-year period, with the global CAPEX set to double…

Current News

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EnQuest Bags Two Production Sharing Contracts off Indonesia

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MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

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

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

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