BW Offshore (BWO) signed a cooperation agreement with ICBC Financial Leasing Co. Ltd. (ICBCL) to form a long-term strategic partnership that will see the duo take on large international infrastructure projects with a focus on floating production and storage offloading units (FPSOs)…
Trelleborg’s engineered products operation recently completed a milestone project for BW Offshore for the complete in-house design and fabrication of floating production, storage and offloading (FPSO) elastomeric bearing structures. Supplied to Premier Oil's Catcher FPSO in 2016…
International compressor supplier TMC Compressors (TMC) has completed its delivery of a marine compressed air system to BW Offshore’s Catcher floating production, and storage offloading (FPSO) vessel. The system consists of 3 x 185…
Premier Oil's Catcher North Sea floating production project is on schedule for startup later this year with a 29% reduced capital budget compared to when it was sanctioned, at US$1.6 billion. The Catcher area is expected to produce 96 MMboe…
BW Offshore and the BW Group entered into agreement to acquire 66.67% of the Dussafu production sharing contract offshore Gabon. Subject to closing of this first transaction, the partnership has secured a right to acquire a further 25% of the Dussafu license…
Floating production firm BW Offshore has started an arbitration process against Addax Petroleum Exploration over payment for use of the floating production, storage and offloading vessel (FPSO) Sendje Berge. BW Offshore says Addax as…
Premier Oil says it has further reduced costs on the Catcher floating production development in the North sea, to a forecast total US$1.7 billion. The drop, a 24% reduction on the original sanctioned estimate, comes after costs had been reduced 20% to $1…
Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia. Image from Keppel…
UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…
Petrobras has exercised an option to extend the fixed term of the lease contract for the floating production, storage and offloading (FPSO) vessel the BW Pioneer from Q1 2017 to Q1 2020. The FPSO BW Pioneer started work on the Cascade…
BW Offshore is a step closer to recovering the Cidade de São Mateus floating production vessel to shore for repairs more than a year after it was damaged in a fire. The fire, on 11 February 2015, offshore Brazil, saw nine of the 74 crew die and 26 require medical attention…
Cathelco has won orders to supply hull corrosion protection systems for three FPSOs. Two of the systems are being supplied to MODEC, while the third will be installed by Sembcorp Marine’s Jurong yard in Singapore. The FPSO Cidade de Campos…
UK-based independent Premier Oil says it has lined up key 'world class' contractors to provide the vessel and infrastructure for its Falklands Islands Sea Lion development, after completing pre-front end engineering and design on the project…
Claxton has installed a high-pressure drilling riser system as part of a multimillion-dollar contract for the Catcher area field development in the central North Sea. “Claxton was the only company to offer Premier Oil a fully-forged…
