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FLOATING LIQUEFACTION AND REGASIFICATION
an Assessment of Future Requirements for FLNGs and FSRUs

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FLOATING LIQUEFACTION AND REGASIFICATION - An Assessment of Future Requirements for FLNGs and FSRUs

2019 Annual Outlook. Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle. Many FLNG and FSRU projects are planned – but only some will ultimately will move forward to development. The goal of our report is to objectively sort out likely winners and losers – and explain the rationale for the rating.
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Floating Production News

Teekay in Ten-Year FPSO Contract with BP

March 27, 2020

Teekay Corporation has secured a ten-year contract for its 1996-built Petrojarl Foinaven…

Woodside Halves Spending Plans. Delays Scarborough, Browse FIDs

March 27, 2020

Woodside Petroleum halved its forecast spending for 2020 and deferred go-ahead decisions…

Aoka Mizu FPSO Worker Tests Positive for COVID-19

March 27, 2020

Oil and gas firm Hurricane Energy has confirmed that a crew member on the Aoka Mizu…
March 2020 Monthly Floating Production Systems Report

March 2020 Monthly Floating Production Systems Report

The coronavirus crisis and oil price war has upended the offshore oil and gas sector. Oil demand has sharply fallen as the virus spread shuts down global economic activity. In parallel, Saudi Arabia and Russia kicked off a full-fledged price war by flooding the market with oil to see who blinks first. The combination is forcing field operators to defer investment plans – and the impact on the floating production sector is a repeat of the 2006/07 financial meltdown.

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Energy News

Nigeria Announces Offshore Oil Worker Restrictions to Battle Coronavirus

March 29, 2020

Nigeria's petroleum regulator has ordered oil and gas companies to reduce their offshore workforce and move to 28-day staff…

Empty Tankers Depart Venezuela; Sanctions Cancel Cargo

March 29, 2020

Three large crude carriers (VLCCs) chartered by units of Russian oil major Rosneft to transport Venezuelan oil left Caribbean…

FairWind Completes 59 Transition Pieces for Borssele 1+2 OWF

March 27, 2020

Wind industry solutions provider FairWind has completed its largest electrical and high voltage project in company history…