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  1. Eni lets $2.54-billion contract for Ghana FPSO

    Online Articles

    Wed, 28 Jan 2015

    3.26 billion. The FPSO will be based on the conversion of the Yinson Genesis, a recently acquired very large crude carrier . The FPSO will have an available storage capacity of 1.7 million bbl, an oil processing capacity of 58,000 b

  2. 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

  3. 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

  4. Malaysia to study Malacca Strait bypass pipeline

    Online Articles

    Wed, 18 Jul 2007

    be difficult, and the cost involved is very high" and that "the cost difference between using the oil pipe and a crude carrier to transport the oil will also have to be considered." Abdullah said Malaysia must conduct detailed studies because

  5. MARKET WATCH: Crude price rebounds; gas price falls 7%

    Online Articles

    Tue, 1 Dec 2009

    incident on water as Somali pirates took over the ‘Maran Centaurus’, a 300,000 tonne crude oil [very large crude carrier ] sailing from the [Persian Gulf] to the Louisiana Offshore Oil Port [in the Gulf of Mexico] for an early January

  6. Dalian refinery to receive Saudi oil in August

    Online Articles

    Mon, 28 Jul 2008

    schedule and just a week after a similar shipment from Kuwait. The Dalian refinery is scheduled to receive a very large crude carrier transporting 2 million bbl of Saudi Arab Light crude the first of at least one such shipment a month for the rest of

  7. 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

  8. Greek tanker escapes pirates off Oman

    Online Articles

    Wed, 2 Dec 2009

    its journey to Huangpu port in southeast China's Guangdong province. Earlier this week pirates seized a very large crude carrier bound for the US with $20 million of oil (OGJ Online, Dec. 1, 2009). It was the second VLCC seized in a year

  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. Somali pirates attack another oil tanker

    Online Articles

    Mon, 9 Nov 2009

    determination to escalate attacks on international oil shipping by hijacking the Liberian-flagged Sirius Star, a very large crude carrier owned by Saudi Aramco and operated by Vela International. At the time, Lt. Nathan Christensen, a spokesman for

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