Petroleum industry in Ghana

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.

Insights into the Worldwide Mooring Systems Market to 2025 - Featuring Bluewater Holding, BW Offshore & Cargotec Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 21, 2020
Maritime, Transport, Logistics, Supply chain management, Other Transport, Petroleum industry, Petroleum industry in Ghana, Energy, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, SBM Offshore, FPSO John Agyekum Kufour

The Mooring Systems market worldwide is projected to grow by US$389.1 Million, driven by a compounded growth of 3%.

Key Points: 
  • The Mooring Systems market worldwide is projected to grow by US$389.1 Million, driven by a compounded growth of 3%.
  • Floating Production Storage & Offloading (FPSO), one of the segments analyzed and sized in this study, displays the potential to grow at over 3.3%.
  • The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market.
  • Poised to reach over US$742.4 Million by the year 2025, Floating Production Storage & Offloading (FPSO) will bring in healthy gains adding significant momentum to global growth.

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.

Shell and partners add pre-salt production in Brazil

Retrieved on: 
Thursday, November 14, 2019
Petroleum industry, Ships, Companies, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, Royal Dutch Shell, Petroleum industry in Ghana, SBM Offshore, Glen Lyon

(Shell Brasil) and its consortium partners today announced the start of oil and natural gas production at the P-68 floating production, storage, and offloading unit (FPSO), located in BM-S-11A Concession in Berbigo, Sururu and West Atapu.

Key Points: 
  • (Shell Brasil) and its consortium partners today announced the start of oil and natural gas production at the P-68 floating production, storage, and offloading unit (FPSO), located in BM-S-11A Concession in Berbigo, Sururu and West Atapu.
  • This new production at P-68 adds to Shell's already prolific deep-water portfolio in Brazil.
  • The P-69 FPSO, located in the Lula field, reached peak production levels just over 10 months from first production.
  • Shell has 10 operated, deep-water production hubs globally and is on track to deliver sustained production above 900-thousand barrels of oil equivalent (boe) per day through 2025.

Shell and partners add pre-salt production in Brazil

Retrieved on: 
Thursday, November 14, 2019
Petroleum industry, Ships, Companies, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, Royal Dutch Shell, Petroleum industry in Ghana, SBM Offshore, Glen Lyon

(Shell Brasil) and its consortium partners today announced the start of oil and natural gas production at the P-68 floating production, storage, and offloading unit (FPSO), located in BM-S-11A Concession in Berbigo, Sururu and West Atapu.

Key Points: 
  • (Shell Brasil) and its consortium partners today announced the start of oil and natural gas production at the P-68 floating production, storage, and offloading unit (FPSO), located in BM-S-11A Concession in Berbigo, Sururu and West Atapu.
  • This new production at P-68 adds to Shell's already prolific deep-water portfolio in Brazil.
  • The P-69 FPSO, located in the Lula field, reached peak production levels just over 10 months from first production.
  • Shell has 10 operated, deep-water production hubs globally and is on track to deliver sustained production above 900-thousand barrels of oil equivalent (boe) per day through 2025.

Q4 2019 Global FPSO Industry Outlook - South America Spearheads Global FPSO Deployments - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 12, 2019
Oil, Gas, Energy, Petroleum industry, Floating production storage and offloading, Offshore engineering, Oil storage, Petroleum production, Energy, Petroleum industry in Ghana, SBM Offshore, BW Offshore

The "Q4 2019 Global FPSO Industry Outlook - South America Spearheads Global FPSO Deployments" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Q4 2019 Global FPSO Industry Outlook - South America Spearheads Global FPSO Deployments" report has been added to ResearchAndMarkets.com's offering.
  • South America has the highest number of planned and announced floating production storage and offloading (FPSO) additions globally between 2019 and 2025, with 27 projects.
  • Brazil holds the majority share of global FPSO projects, with 21 planned and announced additions by 2025.
  • In South America, 27 planned and announced FPSOs are expected to start operations by 2025.

Floating Production Storage and Offloading Market Worth $26.0 Billion by 2024 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 11, 2019
Offshore engineering, Petroleum industry, Petroleum production, Construction, Floating production storage and offloading, Oil storage, Engineering, Petroleum industry in Ghana, Structural engineering

The double hull segment is projected to dominate the Floating Production Storage and Offloading Market, on the basis of hull type, during the forecast period.

Key Points: 
  • The double hull segment is projected to dominate the Floating Production Storage and Offloading Market, on the basis of hull type, during the forecast period.
  • This factor is projected to drive the demand for double hull FPSOs in the Floating Production Storage and Offloading Market during the forecast period.
  • The shallow water segment is projected to dominate the floating production storage & offloading market throughout the forecast period.
  • The shallow water segment is projected to dominate the Floating Production Storage and Offloading Market during the forecast period.

Floating Production Storage and Offloading Market Worth $26.0 Billion by 2024 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, September 11, 2019
Offshore engineering, Petroleum industry, Petroleum production, Construction, Floating production storage and offloading, Oil storage, Engineering, Petroleum industry in Ghana, Structural engineering

The double hull segment is projected to dominate the Floating Production Storage and Offloading Market, on the basis of hull type, during the forecast period.

Key Points: 
  • The double hull segment is projected to dominate the Floating Production Storage and Offloading Market, on the basis of hull type, during the forecast period.
  • This factor is projected to drive the demand for double hull FPSOs in the Floating Production Storage and Offloading Market during the forecast period.
  • The shallow water segment is projected to dominate the floating production storage & offloading market throughout the forecast period.
  • The shallow water segment is projected to dominate the Floating Production Storage and Offloading Market during the forecast period.