FPSO John Evans Atta Mills

Altera to operate FPSO on Rosebank field

Retrieved on: 
Wednesday, September 27, 2023
Maintenance, FPSO, United Kingdom Continental Shelf, Aker Solutions, Dry dock, Samsung Heavy Industries, Dubai Drydocks, FPSO John Evans Atta Mills, CO2, Renewable energy, Knarr, Altera, Equinor

This vessel is set for deployment on the Rosebank field with a nine-year firm contract, and options extending up to 25 years.

Key Points: 
  • This vessel is set for deployment on the Rosebank field with a nine-year firm contract, and options extending up to 25 years.
  • This follows the final investment decision by Equinor and Ithaca Energy to advance the Rosebank development on the UK Continental Shelf and builds upon the previously announced bareboat charter contract for the redeployment of the FPSO.
  • The Petrojarl Knarr FPSO is a vessel perfectly suited for redeployment in harsh waters.
  • Today marks another important milestone with the final investment decision being taken for the development project and we stand ready to deliver a positive solution for the next decades on the Rosebank field”

SBM Offshore and MHI Sign Partnership Agreement for FPSO CO2 Capture Solution

Retrieved on: 
Friday, September 15, 2023
Kansai Electric Power Company, FPSO, Partnership, Floating production storage and offloading, Mitsubishi Heavy Industries, Engineering, Carbon, SBM Offshore, SBM, MHI, FPSO John Evans Atta Mills, CO2, Natural gas, Renewable energy

TOKYO, Sept 15, 2023 - (JCN Newswire) - SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.

Key Points: 
  • TOKYO, Sept 15, 2023 - (JCN Newswire) - SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.
  • The agreement follows a successful engineering and design study between the companies demonstrating the technical feasibility and commercial readiness of CO2 capture technology offshore.
  • The CO2 capture solution will apply MHI's proprietary "Advanced KM CDR Process" technology, jointly developed with The Kansai Electric Power Co., Inc.
  • With this agreement, we will accelerate the offshore carbon capture business in order to achieve a carbon neutral society."

SBM Offshore and MHI sign Partnership Agreement for FPSO CO2 Capture Solution

Retrieved on: 
Friday, September 15, 2023
Kansai Electric Power Company, FPSO, Partnership, Floating production storage and offloading, Mitsubishi Heavy Industries, Engineering, KM, Carbon, SBM, SBM Offshore, MHI, FPSO John Evans Atta Mills, CO2, Natural gas, Renewable energy

SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.

Key Points: 
  • SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and Offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs.
  • The agreement follows a successful engineering and design study between the companies demonstrating the technical feasibility and commercial readiness of CO2 capture technology offshore.
  • The CO2 capture solution will apply MHI’s proprietary “Advanced KM CDR ProcessTM” technology, jointly developed with The Kansai Electric Power Co., Inc.
  • With this agreement, we will accelerate the offshore carbon capture business in order to achieve a carbon neutral society.”

Baker Hughes Awarded Significant Gas Technology Contract to Support Equinor’s BM-C-33 Project in Brazil

Retrieved on: 
Wednesday, July 5, 2023
FPSO, Petrobras, Carbon, MODEC, Baker Hughes, Engineering, Bacalhau, BOE, LM2500, FPSO John Evans Atta Mills, CO2, Oil

The project is developed by Equinor with partners Repsol Sinopec Brasil and Petrobras.

Key Points: 
  • The project is developed by Equinor with partners Repsol Sinopec Brasil and Petrobras.
  • “This order is a testament of our established track record when it comes to technology for FPSO vessels.
  • In this project, Baker Hughes expects a more than 20% carbon emissions reduction versus similar open cycle FPSOs with the same power demand.
  • This is the second combined cycle power generation FPSO project developed by Baker Hughes for MODEC and Equinor in Brazilian deep waters, following the award for the Bacalhau FPSO in 2020.

Global FPSO Market Analysis and Forecasts Report 2022-2027: A Total of 56 FPSOs are Expected to Start Operations - Petrobras Leads Globally with 8 Planned and Announced FPSOs - ResearchAndMarkets.com

Retrieved on: 
Friday, March 4, 2022
Maritime, Energy, Transport, Oil, Gas, FPSO, Petrobras, FPSO John Evans Atta Mills, SBM Offshore, Contract

Globally, a total of 56 FPSOs are expected to start operations during the outlook period 2022-2027.

Key Points: 
  • Globally, a total of 56 FPSOs are expected to start operations during the outlook period 2022-2027.
  • Among regions, South America remains on the top with 27 planned and announced FPSO additions during the outlook period 2022-2027.
  • Among countries, Brazil leads globally among countries on planned and announced FPSO additions with 22 FPSOs during the outlook period, followed by the Guyana and UK with four FPSOs each.
  • Among operators, Petroleo Brasileiro SA (Petrobras) leads globally with eight planned and announced FPSOs.

McDermott Announces Second Shipment of MODEC FPSO Modules

Retrieved on: 
Thursday, November 5, 2020
Petroleum industry, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, MODEC, Energy, Petroleum industry in Ghana, FPSO John Evans Atta Mills

HOUSTON, Nov. 5, 2020 /PRNewswire/ --McDermott International, Ltd today announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).

Key Points: 
  • HOUSTON, Nov. 5, 2020 /PRNewswire/ --McDermott International, Ltd today announced the second shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).
  • It comes just weeks after the first shipment of modules sailed away from McDermott's Altamira fabrication facility located in Mexico.
  • The MODEC project scope of work consists of five FPSO Topside Modules, which will be delivered to the client in two shipments.
  • This second shipment includes modules that will provide inlet separators, oil separation, a flare KO Drum and sand cleanup materials for the FPSO.

McDermott Announces Shipment of First MODEC FPSO Modules

Retrieved on: 
Wednesday, October 7, 2020
Petroleum industry, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, MODEC, Petroleum industry in Ghana, FPSO John Evans Atta Mills

HOUSTON, Oct. 7, 2020 /PRNewswire/ -- McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).

Key Points: 
  • HOUSTON, Oct. 7, 2020 /PRNewswire/ -- McDermott International, Ltd today announced the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC, Inc. (MODEC).
  • The MODEC project scope of work consists of five FPSO Topside Modules, which will be delivered to the client in two shipments.
  • This first shipment includes modules that will provide compression, vapor recovery and a laydown area for the FPSO.
  • McDermott's Altamira fabrication facility in Mexico is delivering the FPSO modules and EPCI fixed platform.

Analysis on the Consolidated Global FPSO Market, 2020-2025

Retrieved on: 
Tuesday, March 10, 2020
Petroleum industry, Ships, Offshore engineering, Energy, Floating production storage and offloading, Oil storage, Petroleum production, Petroleum industry in Ghana, SBM Offshore, FPSO John Evans Atta Mills

The Floating Production Storage & Offloading (FPSO) market is in a growing phase on account of increased focus on the development of offshore oil & gas production.

Key Points: 
  • The Floating Production Storage & Offloading (FPSO) market is in a growing phase on account of increased focus on the development of offshore oil & gas production.
  • The global FPSO market is expected to grow at a CAGR of more than 6.1%.
  • Contractors do have their own FPSO vessels, but has lower market share than that of the operators.
  • South America is dominating the global FPSO market on account of the widespread development of offshore exploration fields.