CNOOC Eyes FPSO And FSRU For Lingshui

An FPSO, export pipeline and floating liquefaction solution is on the drawing board for an ultradeepwater gas discovery in the South China Sea operated by CNOOC.

Vantage Drilling’s Platinum Explorer drillship is working for ONGC in India. (Source: Vantage Drilling)

Offshore Pursuits Gain Speed In India

Companies are planning to spend billions of dollars on offshore projects, while also tapping technology for onshore fields as demand grows.

FPSO vessel

Report: Floating Production Spending Could Hit $81 Billion By 2019

Deployment of floating production units is predicted to increase; however, analysts think orders for such units will fall in 2015.

Operators Pursue Holistic Process In Challenging Price Environment

Operators seek greater efficiency and lower cost per barrel in a challenging price environment.

Chevron’s Meyer Says Job Description Remains: Deliver Energy

About 55% of global demand will be met by oil and gas in 2035, but decline rates make that challenging.