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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…

Wassana achieves first oil

Aug 17, 2015

First oil has commenced from the Wassana oil field in the G10/48 concession in the Gulf of Thailand, operator KrisEnergy announced. Wassana is expected to achieve peak production of approximately 10,000 bo/d by year’s end. KrisEnergy…

Aje edges toward first oil

Jul 27, 2015

Drilling has started on the Aje 5 production well in Aje field offshore Nigeria, paving the way for first oil on the floating production, storage and offloading (FPSO) vessel development. The three-phase development, starting with two production wells…

Tracking floating production in Mexico

May 01, 2015

Bruce Crager profiles some of the floating production vessels already being used offshore Mexico, and highlights what is yet to come. FPSO Yùum K’ak’Náab is currently operating in the KMZ oilfield in the Bay of Campeche…

Conversion work

Feb 04, 2015

Alan Thorpe recently paid a visit to Singapore’s shipyards. He gives a rundown of some of the current floating production and storage unit conversions underway in Singapore and in Malaysia. The…

KrisEnergy getting Cendor MOPU for Wassana

Dec 01, 2014

Singapore-based KrisEnergy is about to recieve the Cendor mobile offshore production unit (MOPU) Marine Contracting moves it the from the Cendor field, offshore Malaysia to Batam, Indonesia for upgrade work. Marine Contracting moving the Cendor MOPU…

KrisEnergy charters FSO for Wassana

Oct 27, 2014

Singapore’s KrisEnergy chartered the Rubicon Vantage floating storage and offloading (FSO) vessel and a catenary anchor leg mooring (CALM) buoy for use on the Wassana oil development in the G10/48 license area located in the Gulf of Thailand…

Yinka Folawiyo moves forward at Aje field off Nigeria

Oct 08, 2014

Yinka Folawiyo Petroleum and joint venture partners made the final investment decisions to develop the Aje Cenomanian oil reservoir in the OML 113 license in Nigeria. Map of the Aje field. From Panoro…

Salamander announces first oil at Bualuang

Aug 19, 2014

Salamander Energy received the first oil in the tanks of the Suksan Salamander floating storage and offtake vessel (FSO) at the Bualuang field in the Gulf of Thailand. Greater Bualuang work. Image: Salamander…

Global Briefs OE April 2014

Apr 04, 2014

US rakes in $850million for lease sale The US Bureau of Ocean Energy Management (BOEM) received 380 bids for 326blocks in the central Gulf of Mexico, totaling more than US $850 million. Gulf of Mexico Lease Sale 231 attracted operators to bison almost 40 million acres…

Bualuang production restarts

Feb 13, 2014

Salamander Energy has said damaged risers on the Rubicon Vantage floating production, storage and offloading (FPSO) vessel have been repaired and production from the Bualuang field has restarted. Bad weather had slowed work to replace riser sections…

Bualuang repairs delayed

Jan 27, 2014

Bad weather has slowed work to replace riser sections damaged when an FPSO came off station.  The Rubicon Vantage FPSO drifted into an exclusion zone designed to protect the Bualuang oil field production infrastructure in the Gulf of Thailand in bad weather…

FPSO damages riser

Jan 08, 2014

A floating production (FPSO) vessel moored over the Bualuang oil field in the Gulf of Thailand damaged a production riser after drifting off station in bad weather. The Rubicon Vantage FPSO drifted into the exclusion zone designed to protect the production infrastructure…

Otto begins Philippines drilling campaign

Aug 08, 2013

Otto Energy Ltd. is drilling two horizontal wells in the second phase of development at Galoc field offshore the Philippines. The wells are being batch drilled in 311 m of water.  Otto projects the Galoc-5H and Galoc-6H development wells will be drilled to a total vertical depth of 2…

Drilling equipment training goes online

Apr 01, 2011

Following two years of development, Aberdeen Drilling Consultants recently launched its new ADC Virtual Academy division, offering what they believe is the world's first online course focused on drilling equipment for the oil & gas industry…

Current News

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Unique Group Acquires Subsea Innovation

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ConocoPhillips Misses Quarterly Profit Estimates

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Taliban Plan Regional Energy Trade Hub with Russian Oil in Mind

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Yinson Completes $1.3B Financing for Agogo FPSO

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Sapura Energy Hooks Subsea Services Contract from Thai Oil Major Off Malaysia

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Philippines' PXP Energy Eyes Petroleum Blocks in Non-Disputed Areas

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