OCEANWIDE INSIGHT · MARITIME · OFFSHORE · ENERGY
Following major projects, leading companies and industry shifts through timely reporting, background information and informed analysis.
LATEST UPDATES
Yinson will upgrade FPSO JAK's gas-processing facilities and extend its firm lease to 2036, adding about US$600 million in firm backlog through the higher day rate and longer term.
Seatrium will convert LNGT Akdeniz for Karpowership, the partners' ninth FSRU project, with work scheduled to begin in the first quarter of 2027.
Agogo FPSO has reached 80,150 barrels per day, its highest rate since first oil, while continuing to maintain zero routine flaring during the production ramp-up.
Tianjin BOMESC has signed an integrated design, procurement and fabrication contract for FPSO topsides modules with Single Buoy Moorings, valued initially at RMB1.6–2.1 billion and scheduled for completion in the second half of 2028.
LNG Canada's five partners have sanctioned Phase 2, adding two liquefaction trains and doubling total capacity from 14 mtpa to 28 mtpa, with commercial operations expected in the early 2030s.
INDUSTRY KNOWLEDGE
A practical guide to the path from discovery and appraisal through concept select, pre-FEED, FEED, FID, EPC and start-up.
Their project roles can combine FPSO engineering and delivery, asset ownership or leasing, and long-term operations and maintenance.
Ownership decisions reflect utilisation, redeployment potential, capital requirements and operating capability—not simply whether an oil company can afford the asset.
A guide to chartering, sale and purchase, newbuilding and offshore brokerage, and the commercial value brokers bring to a transaction.