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Reporting, analysis and practical reference articles across maritime, shipbuilding, offshore engineering, oil and gas, LNG and energy equipment.
Chinese shipyards are expanding from hulls, modules and fabrication into full EPC and EPCIC scopes. The real test is whether project experience can become repeatable organizational capability.
Read article →As shipyards pursue broader EPC scopes and oil companies reconsider asset ownership and operating responsibility, the traditional bundling of FPSO construction, leasing and O&M is being reshaped.
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LNG & EnergyMcDermott reported second-quarter revenue of $2.3 billion, adjusted EBITDA of $143 million and net income of $41 million, with backlog at $15.8 billion at the end of June.
Read article →With the Alexandre de Gusmão FPSO reaching its design capacity of 180,000 barrels per day, the five-FPSO production system at Brazil's Mero field has gained additional production capacity.
Read article →This cycle is unlikely to repeat the drilling-rig crash of 2014, but the pace of new FIDs, awards and shifts in contract terms may reveal a turning point earlier.
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FPSOONE GUYANA has completed its first year of safe operations after reaching 250,000 bpd, while SBM Offshore will continue O&M through 2035 following ExxonMobil Guyana’s acquisition.
Read article →As FPSO and FLNG projects become more integrated, shipyards are moving beyond fabrication into engineering, procurement, systems integration and commissioning.
Read article →LNG, FLNG and offshore gas projects are adding work, but the next wave still depends on long-term contracts, Asian demand and absorption of new supply.
Read article →Deepwater projects continue to advance without sustained $100 oil as costs, resource quality and producer capital allocation reshape the market.
Read article →A practical guide to the path from discovery and appraisal through concept select, pre-FEED, FEED, FID, EPC and start-up.
Read article →FPSOs remain bespoke, but common hulls, module interfaces, equipment specifications and repeatable supply chains are making delivery more standardized.
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LNG ProjectsMcDermott, Saipem, Daewoo E&C and CPECC have moved into limited engineering and procurement work ahead of FID.
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