FPSO

Cylindrical floaters to be completed as FAUs

MAY 24, 2013 — Two 60 m diameter cylindrical hulls that were originally intended to become FPSO’s look set to be completed as floating offshore accommodation units (FAUs), following some somewhat intricate

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HHI books $1.9 billion Chevron FPSO contract

APRIL 11, 2013 — Hyundai Heavy Industries (HHI) reports that it has won a $1.9 billion order to build a Floating Production Storage and Offloading unit (FPSO) for Chevron North Sea Ltd.

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Wärtsilä powered FPSO completes full load tests

JANUARY 10, 2013 — The new P-63 Floating Production Storage and Offloading (FPSO) vessel featuring Wärtsilä 50DF dual-fuel engines has successfully completed all the required 100 percent load tests. The tests were

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Teekay Offshore moves ahead on Sevan Piranema acquisition

Teekay Offshore GP L.L.C., the general partner of Teekay Offshore Partners L.P. (NYSE: TOO), reports that Teekay Corporation and Teekay Offshore intend for Teekay Offshore to acquire the Sevan Piranema  floating production,

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Teekay firms up deal with Sevan

Teekay Corporation (NYSE: TK)  has now entered into an agreement with Sevan Marine ASA and holders of more than two-thirds of each of Sevan’s bond loans, that will see it go ahead