LATEST FPSO NEWS - AS IT HAPPENS



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Eni reports another power outage on Goliat

... Norway – Norway's Petroleum and Safety Authority (PSA) has been in contact with Eni Norge AS in regards to the power outage on...

MLP Bottom Fishing 10: Another Look At TOO

I have written nine articles in this MLP Bottom Fishing series and it is probably time for a review of performance. The table below...

MegaMachines: Dockwise Vanguard, World's Largest Heavy Lift Ship

With its open deck measuring 275 meters by 70 meters and capacity to lift 117,000 metric tons, the semi-submersible Dockwise Vanguard is the largest...

Kraken heavy-oil field FPSO nears completion in Singapore

Offshore staff SINGAPORE – Bumi Armada Berhad’s first North Sea FPSO has undergone a naming ceremony at Keppel Shipyard. The FPSO Armada Kraken, which has a...

Production halted, power lost at Goliat FPSO

Production was brought to a halt at the Goliat FPSO on Friday (26 August) evening after power was lost, Eni Norge said. The Goliat FPSO,...

Keppel to deliver Bumi's Armada Kraken

Singapore-based Keppel Offshore & Marine is on track to deliver the Armada Kraken floating production storage and offloading (FPSO) vessel to Bumi Armada, marking the Malaysian oilfield...

Keppel on track to deliver North Sea Kraken FPSO

Keppel Offshore & Marine said it is on track to deliver a Floating Production Storage and Offloading (FPSO) veseel to Armada Kraken. The Armada ... Source:...

North Sea FPSO Operations On Track

North Sea FPSO (floating production storage and offloading) unit Armada Kraken is now on track to be delivered to Bumi Armada before it starts...

How to 'bank' on oil investing

Maersk, the largest shipping company, by volume, in the world,  just announced that it’s cutting 20 ships and 400 jobs. More bad news for...

Bumi Armada's 2Q Revenue Falls 12.2% to $99.7M as FPSO, FGS Incomes Dip

Bumi Armada Berhad, a Malaysian offshore energy facilities and services provider, posted a revenue of $99.7 million (MYR 402.9 million) in the second quarter...