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Tagged in FPSO
Yinson Production Secures USD230 Mln Financing In Relation To FPSO Maria Quiteria
Yinson Production has secured a USD230 million term loan facility in relation to FPSO Maria Quitéria. The loan facility was structured and arranged by Global Infrastructure Partners (“GIP”), a leading independent infrastructure fund manager with …
Aug 10, 2023 / Vessels
Petrofac secures integrated services contract for FPSO in Africa with CNR International
Petrofac, a leading provider of services to the global energy industry, has been awarded a facilities management contract by CNR International (CNRI) offshore the Ivory Coast, West Africa. The initial three-year, multi-million pound, contract will …
Jul 17, 2023 / Curious
Dyna-Mac Wins New Orders of S$270 Million; Brings Net Order Book to S$608.1 million
Dyna-Mac Holdings Ltd. (Dyna-Mac) secures several firm contracts worth a total provisional sum of S$270 million from its repeat customers. The first contract win is for the construction of Topside Modules for a Floating Production Storage …
May 12, 2023 / Curious
MODEC Awarded Contract by Equinor to Supply the 2nd FPSO in Brazil
MODEC, Inc. (MODEC) has announced that it has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia Ltd, a subsidiary of Equinor ASA (Equinor), to supply a Floating Production, Storage and Offloading (FPSO) vessel to produce the …
May 10, 2023 / Curious
MODEC’s Uaru FPSO Project for offshore Guyana proceeds to EPCI Phase
MODEC, Inc. (MODEC) announced on Monday (May08) that it will proceed with engineering, procurement, and construction on the Uaru Floating Production, Storage, and Offloading (FPSO) vessel following a final investment decision on the Uaru project by …
May 9, 2023 / Vessels
MISC Unveils MMEGA: The World’s First Future-Ready Newbuild FPSO With Mega-Module Topsides
MISC unveils its future-ready Newbuild Floating Production Storage & Offloading (NBFPSO) Unit at OTC Houston 2023. It is the world’s first NBFPSO, which uses the Mega-Module topsides and incorporates sustainable technologies into the design, …
May 3, 2023 / Curious
SBM Offshore signed a 10-year Operations and Maintenance Enabling Agreement for its Guyana FPSO fleet with ExxonMobil Guyana
SBM Offshore announced on Tuesday (May02) it has signed a 10-year Operations and Maintenance Enabling Agreement with Esso Exploration & Production Guyana Ltd (aka “ExxonMobil Guyana”) for the Operations and Maintenance of FPSOs Liza Destiny, Liza …
May 2, 2023 / Vessels
ExxonMobil Guyana advances fifth offshore Guyana development
ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately …
Apr 28, 2023 / Curious
Bumi Armada sells Armada Claire FPSO for US$20m, recognises US$12m gain
Bumi Armada Bhd has sold one of its floating production storage offloading (FPSO) vessels, Armada Claire, for US$20 million (RM88.9 million), pocketing a divestment gain of US$12 million in financial results for the second quarter ending June …
Apr 28, 2023 / Curious
Vår Energi To Collaborate with Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at Goliat
Vår Energi has entered into a collaboration with Odfjell Oceanwind and Source Galileo to pursue a pilot project for floating offshore wind at Goliat. The Goliat platform is currently electrified and is supplied with power from shore through a …
Apr 26, 2023 / Curious