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Tagged in FSO
Euronav to work with United Nations in rescue operation for stricken FSO Safer
Euronav NV (EURN or Euronav) (NYSE: EURN & Euronext: EURN) announced earlier today it has signed an agreement with the UN to sell a VLCC as part of a wider salvage operation for the FSO Safer located in Yemen. Euronav will provide a suitable …
Mar 10, 2023 / Vessels
The Njord field upgraded and ready for another 20 years
Production from the Njord field in the Norwegian Sea resumed at 16.30 on 27 December, following an upgrading project in which both the platform and the floating storage and offloading vessel (FSO) were brought ashore. The field is now back on …
Dec 29, 2022 / Curious
Euronav purchases joint venture partner share of two FSO vessels
Euronav NV (NYSE: EURN & Euronext: EURN) (Euronav) announces that it has become the full owner of the FSO platform as previously held in its 50-50 joint venture with International Seaways, Inc. (“INSW”). The two converted ULCCs, the FSO Asia and …
Jun 8, 2022 / Vessels
FSO Conversion Project Launches at Drydocks World
First steel has been cut as part of the latest ship repair and conversion project at Drydocks World. Drydocks World Dubai, part of DP World, has begun work converting an Aframax tanker capable of carrying 700,000 barrels of oil to a Floating Storage …
Oct 6, 2021 / Vessels
ABS Grants AIP for HHI’s Floating Storage and Offloading Design
Two-Million-Barrel Design Intended for Operations in MexicoABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI Group) design for a Floating Storage and Offloading (FSO) vessel that is intended for operations in Mexican …
Feb 12, 2021 / Vessels
Euronav Announces 10 year extension of FSO contracts
Euronav announces that the joint venture with International Seaways has signed an extension for ten years for the FSO Asia and the FSO Africa in direct continuation of their current contractual service, or until 21 July 2032 and 21 September 2032 …
Nov 5, 2020 / Vessels
International Seaways Announces Ten-Year Contract Extensions for Its Two FSO Joint Ventures
International Seaways, Inc. (NYSE: INSW), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, today announced that its two joint ventures with …
Nov 5, 2020 / Vessels
FSO Nabarima Is 'Upright' but Crude Transfer Could Be Risky
A Venezuelan floating oil facility that had been listing in recent weeks is upright and shows no sign of sinking, but plans to offload crude from the vessel posed some risks, the energy minister of neighboring Trinidad and Tobago said on Thursday.A …
Oct 27, 2020 / Accidents
ICE: Generic FPSO Design Focused on Sustainability
Based on its experience from more than 40 FSO and FPSO projects, ICE has released a new FPSO Hull design with emphasis on sustainability and flexibility.Measuring 330 by 62 metres, the G-2400-SM Hull has a storage capacity of 2.4 million barrels of …
Jul 6, 2020 / Curious