International Maritime Associates, Inc.

3131 Connecticut Ave NW #2115
Washington D.C. 20008 USA

June 2017 Monthly Floating Production Systems Report

June 2017 Monthly Floating Production Systems Report

The June WER report reviews the negative impact of excess crude inventory on oil prices. Crude prices have been driven back into the mid-$40s. But as described in the report, despite near term pricing weakness, production floater orders have been heating up. Over the past month ENI proceeded with its floating LNG project in Mozambique and ExxonMobil made the investment decision on the Liza oil project offshore Guyana.


The Hurting Offshore Energy Sector Faces a New Competitor

Video: The Hurting Offshore Energy Sector Faces a New Competitor

Jim McCaul, founder of International Maritime Associates, discusses the energy market downturn and the emergence of shale…

Floating Production News

Aker Solutions to Supply Umbilicals Coral South FLNG

June 26, 2017

Aker Solutions was awarded a contract to deliver three umbilicals and associated…

SBM Offshore Awarded Liza FPSO Contract

June 25, 2017

SBM Offshore said it has secured contracts from ExxonMobil to construct, install…

Oil Prices Pause after Sharp Falls

June 23, 2017

Oil prices edged higher on Monday, pausing for breath after coming under pressure…

Energy News

Naftogaz asks for China Energy Loan Extension

June 26, 2017

Ukrainian state energy company Naftogaz has asked a Chinese state bank to extend the deadline by which Naftogaz must submit…

Eletrobras CEO Says Not Considering Resigning

June 26, 2017

Wilson Ferreira Jr, the chief executive officer of Brazilian state-controlled power utility Eletrobras, on Monday said he…

Heriot-Watt Sets Global Data Landscape for BP Statistical Review

June 26, 2017

The economics professor who leads the in-depth data collation process for BP’s annual Statistical Review of World Energy…