Log in.

May 2018 Monthly Floating Production Systems Report

May 2018 Monthly Floating Production Systems Report

Crude spot prices have moved close to $80, propelled by strong oil demand growth, curtailed production and geopolitical worries. This price level – and potentially higher -- increasingly looks sustainable over the near to mid-term. The futures market has recently become much more bullish on crude pricing. Meanwhile, CNOOC ordered an FPSO for use in the South China Sea, Exmar signed a 10 year charter with Gunvor for use of its LNG regasification barge in Bangladesh…

Download

Floating Production News

ExxonMobil, Hess Announce Oil Discovery Offshore Guyana

June 21, 2018

ExxonMobil and the Hess Corporation announced an eighth oil discovery offshore Guyana…

Predictive Software to Optimize FPSO Maintenance

June 21, 2018

A new test project in Norway looks to employ specialty software for the optimization…

Panama Imports Its First LNG Cargo

June 19, 2018

Panama has imported its first liquefied natural gas (LNG) cargo to commission the…

Energy News

Thick Sea Ice Blocks Exports from Yamal LNG Plant

June 21, 2018

Thick sea ice is impeding Arctic shipments of liquefied natural gas (LNG) from Russia's newly-built export plant in Yamal…

Russia's Yamal LNG Ships First LNG Cargo to Spain's Fenosa

June 21, 2018

Russia's Yamal LNG plant said on Thursday it had shipped a first gas cargo to Spain's Gas Natural Fenosa.According to the 24-year offtake contract, Ya

Oil Falls as OPEC Nears Deal to Raise Production

June 21, 2018

Oil prices fell on Thursday as crude exporters in OPEC appeared to be nearing a deal to increase production.Benchmark Brent…