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  1. Statoil acquires Peregrino FPSO from Maersk

    Online Articles

    Tue, 12 Jun 2012

    a 6-month transition period. The Peregrino FPSO project was initiated in 2007. The conversion from a very large crude carrier to an offshore oil production installation required more than 15 million labor hr and an investment of more than

  2. SPECIAL REPORT: Conditions improving for floating LNG production

    Magazine Articles

    Mon, 7 Mar 2011

    million-tpy FLNG vessels, the hull's overall length (LOA) may be about 320 m, on the order of a very large crude carrier . Storage would be required for more than 200,000 cu m of LNG. Ability to store sufficient LNG and condensate is critical

  3. MARKET WATCH: WTI price down; Brent up

    Online Articles

    Thu, 10 Feb 2011

    fresh calls for further protests in the country. Adding to the concerns in the region is the news that a [very large crude carrier ], carrying 2 million bbl of crude en route to the US Gulf Coast was hijacked yesterday off the coast of Oman. These

  4. MARKET WATCH: Oil prices climb in hopeful markets

    Online Articles

    Fri, 27 Apr 2012

    Amsterdam, Rotterdam, Antwerp region also fell. Time spreads in Brent were firmer following a report that [very large crude carrier ] cargoes are moving from the North Sea to Korea.” He said, “For the moment, the market appears far more convinced

  5. OGJ Newsletter

    Magazine Articles

    Mon, 18 Jun 2012

    a 6-month transition period. The Peregrino FPSO project was initiated in 2007. The conversion from a very large crude carrier to an offshore oil production installation required more than 15 million labor hr and an investment of more than $1

  6. Market fears drive down prices

    Online Articles

    Mon, 24 Nov 2008

    President-Elect Barack Obama. Pirates slow supplies On Nov. 15, pirates hijacked the Sirius Star, a very large crude carrier owned by Saudi Aramco and operated by Vela International, 450 nautical miles off Kenya—the farthest out to sea

  7. Petrobras orders FPSO for Tupi area production

    Online Articles

    Tue, 26 Aug 2008

    FMC's Sofec unit will design and provide the spread mooring. MODEC will convert the M/V Sunrise IV very large crude carrier into the Cidade de Angra dos Reis MV22 FPSO. The vessel will be deployed in the Tupi area and will initially gather

  8. MARKET WATCH: Natural gas tops $12/MMbtu

    Online Articles

    Wed, 4 Jun 2008

    just) adequately supplied. The best recent evidence of this, before the latest surge in prices, was the very large crude carrier fleet assembled by Iran to store up to 28 million bbl of unsold crude oil close to Kharg Island, due to reduced demand

  9. Brazil launches new platform, loading terminal

    Magazine Articles

    Mon, 20 Oct 2008

    from the P-52 platform. Modec will operate for 20 years the Cidade de Macae, which was converted from a very large crude carrier and can store as much as 2.1 million bbl of oil. Next year, oil will also be loaded onto tankers from two floating

  10. Prosafe lets VLCC conversion contract to Keppel

    Online Articles

    Wed, 28 Nov 2007

    s Prosafe Group awarded Keppel Corp. subsidiary Keppel Shipyard a $100 million contract to convert a very large crude carrier into the world's first floating, drilling, production, storage, and offloading facility (FDPSO). Under terms

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