MODEC: Keel laying for Guyana-bound FPSO hull done weeks ahead of schedule

(OffshoreEnergy.biz) Japanese FPSO operator MODEC has achieved a new milestone by completing the keel laying for the construction of a floating production, storage, and offloading (FPSO) hull, which is destined for ExxonMobil’s fifth oil development in the Stabroek block offshore Guyana. A ceremony to mark the beginning of construction for the FPSO Errea Wittu was held on February 2,... Continue Reading →

Prosafe’s fleet utilization rate rebounds from last year’s drop in activity

( Offshore-Energy.biz)Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shared its fleet utilization rate for April 2024 alongside insights into the vessel activity during the first quarter of the year. The firm recorded a 56% fleet utilization in April 2024, somewhat lower than the level reported for January, but higher than the utilization rate... Continue Reading →

Apollo and DOF Deliver Extensive Study on Floating Wind Installation Ops

(OE) Apollo and DOF, in collaboration with the ORE Catapult’s Floating Offshore Wind Centre of Excellence (FoWCoE), have delivered the study on GW-scale floating offshore wind installation methods. Installing a single, state-of-the-art floating offshore wind turbine (FOWT) represents a milestone in offshore marine operations. However, GW-scale floating wind farms will require approximately sixty FOWTs, which... Continue Reading →

Saipem Scoops $3.7B for Work on TotalEnergies’ Kaminho Field

(OE) Saipem has been awarded three new contracts by TotalEnergies for the Kaminho project, relating to the development of Cameia and Golfinho oil fields offshore Angola, worth $3.7 billion. The first of the contracts, awarded by TotalEnergies' subsidiary TotalEnergies EP Angola Block 20, refers to the Engineering, Procurement, Construction, Transportation and Commissioning of the Kaminho... Continue Reading →

SBM Offshore ‘pre-selected as preferred bidder’ for TotalEnergies’ Suriname FPSO deal – Upstream sources

(OILNOW) Upstream has reported that SBM Offshore could take the upper hand in competition with MODEC to build and deliver Suriname’s first floating production, storage and offloading (FPSO) vessel, as it was “pre-selected as the preferred bidder.” Fabio Palmigiani, the publication’s South America Correspondent, said the information came from two industry sources. He wrote that SBM Offshore... Continue Reading →

Petronas Makes Oil and Gas Discovery Offshore Suriname

(OE) Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52. The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1. The well was spudded in February 2024, and successfully drilled to a total depth of... Continue Reading →

Anchoring Ops for FPSO Atlanta Start Offshore Brazil

(OE) Oil and gas company Enauta has started anchoring operations for the floating production storage and offloading (FPSO) unit Atlanta in Santos Basin, offshore Brazil. As planned, the FPSO Atlanta arrived at Atlanta Field in Santos Basin on May 11, 2024, after setting sail from Dubai in March, following the conclusion of the construction activities and sea... Continue Reading →

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