FloaTEC Company News

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Floatec Installs P-61 TLWP in Papa Terra Field in the Campos Basin
Thursday, April 10, 2014Floatec installs the P-61 tension leg wellhead platform in the Papa Terra field in the Campos Basin offshore Brazil.

Chevron Taps FloaTEC for Big Foot ETLP
Thursday, December 10, 2009Chevron is pushing ahead with its plans for an Extended Tension Leg Platform on its deepwater Big Foot development by awarding FloaTEC the Front End Engineering and Design (FEED) contract.

FloaTEC Inks LOI with Petrobras for P-61 Platform
Friday, October 09, 2009FloaTEC, a joint venture between offshore and marine unit Keppel FELS and J. Ray McDermott, has signed a letter of intent with Petrobras and Chevron for a $1.1 billion oil platform in Brazil.

FloaTEC Submits Bid for $1.1B Papa-Terra Platform Tender
Thursday, September 03, 2009FloaTEC, a joint venture company formed by Keppel FELS and J. Ray McDermott, has submitted a bid to build an oil platform for Petrobras' Papa-Terra heavy oilfield project.

FloaTEC Strengthens Management with 4 Key Appointments
Tuesday, August 18, 2009FloaTEC, LLC recently filled key positions to accommodate its expanding project workload, further strengthening FloaTEC's project management and engineering competency and capability.

Petrobras Could Cancel P-61 Platform Tender
Friday, December 19, 2008Petrobras could cancel a tender for the P-61 oil platform after prices came in higher than expected. The platform would have been the first TLP installed in Brazil, destined for production at the Papa Terra field in the Campos Basin.

FloaTEC's New Dry Tree Semisub Design Passes Test
Wednesday, October 29, 2008FloaTEC completed Phase-2 testing of their latest ultra-deepwater dry tree units, and both are now qualified to support dry tree risers in ultra-deepwater up to 10,000 feet.

FloaTEC Hires Huang as Director, Engineering
Friday, April 18, 2008FloaTEC has hired a key industry veteran to head up its engineering group and further strengthen its engineering competency relative to FPS hull and mooring systems.

FloaTEC Achieves Key Milestones
Monday, January 16, 2006FloaTEC has achieved several key milestones in its first 4 months of business.