Floating production systems
Production from the Búzios field now tops 1 million B/D with six floating production systems in operation and more on the way.
Mozambique is poised to become Africa’s third-largest exporter of liquefied natural gas when Coral Norte comes onstream in 2028.
MODEC will supply the FPSO that will host up to 18 wells in the initial phase of development.
-
BW Offshore plans to float its exploration and production unit BW Energy through an initial public offering in the first quarter of 2020. -
First oil from the 120,000-B/D Liza Destiny FPSO is flowing ahead of schedule.
-
The Australian company upped its forecast of initial oil production out of the field from 50,000 B/D to somewhere between 75,000 and 100,000 B/D. It expects to spend between $1.9 billion and $2.2 billion on the field's development.
-
The new platform will be installed in the Peregrino Phase 2 development in the Campos Basin, approximately 85 km offshore Brazil, sometime in December. It is expected to come on stream in late 2020.
-
P-68 is Petrobras’ fourth FPSO to begin operations this year following the startups of P-67 at the Lula field and P-76 and P-77 at the Buzios field.
-
The company used a maintenance optimization plan from Lloyd's Register for the centrifugal pumps and fire and gas detectors on a floating production, storage, and offloading vessel in the Norwegian Sea.
-
The FPSO, MODEC's largest size of "gas FPSO" to date, will be the first application of the contractor’s M350 Hull, a next-generation newbuilt hull for FPSOs.
-
As construction continues, SBM Offshore secured the $1.14 billion needed to finance work on the vessel. Liza Unity is scheduled for deployment at ExxonMobil's Liza Phase 2 development offshore Guyana.
-
SBM Offshore began construction on the vessel following ExxonMobil’s sanction of the Liza Phase 2 development offshore Guyana in May. It is designed to produce 220,000 BOPD after it starts up in 2022.
-
As part of a plan to increase revenue to more than $1 billion by 2023, the engineering and construction company is moving away from large offshore platforms with fixed substructures, saying that it expects to win and execute a series of FPSO projects in the future.
