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Montevideo, May 22nd 2018 - 02:19 UTC

Tag: Floating Production Storage and Offloading Vessel (FPSO).

  • Monday, February 5th 2018 - 05:16 UTC

    Falklands' oil industry expected to receive an FPSO by 2022

    Brazil leads the South American market with 24 planned and announced FPSOs, followed by Guyana and the Falkland Islands with one FPSO each.(Pic M Sitek)

    A total of 55 planned and announced floating production, storage, and offloading units (FPSOs) are expected to begin operations by 2022 worldwide, according to a report by GlobalData. In the South American list Brazil figures with 24 FPSOs, plus the Falkland Islands and Guyana with one each.

  • Tuesday, August 23rd 2016 - 06:37 UTC

    Premier Oil currently drafting a Project Proposal for oil production in the Falklands

    The Mobile Offshore Drilling Unit (MODU) will drill subsea wells, which will include oil-producing, water-injection and gas-production wells.

    The commercialisation of the Sea Lion Oil Field off the Falkland Island’s continues to take steps forward as Premier Oil prepares a detailed project proposal to be submitted to the Falkland Island’s Government (FIG). Premier Oil has been undertaking public consultations in the Falklands over the past week as part of their Environmental Impact Assessment, which will support their application to FIG to proceed with oil development.