Oslo-based offshore compressor firm TMC Compressors has won a contract to supply the marine compressed air system for Woodside's Sangomar FPSO, to be deployed offshore Senegal.TMC will deliver a large marine compressed air system to the FPSO…
Karoon Energy sees strong growth prospects in Brazil, where it started producing oil last year, working to more than double output by 2023 and considering two options to develop another field by mid-decade, its chief executive said on Monday…
Dutch FPSO leasing specialist SBM Offshore has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which SBM Offshore says, is the largest project financing in the company’s history.FPSO Sepetiba, formerly known as Mero 2…
SBM Offshore's Liza Unity FPSO, which last week set sail from Singapore en route to Guyana, has been awarded the SUSTAIN-1 notation by classification society ABS – the first FPSO in the world to receive it.According to ABS, the SUSTAIN-1 notation…
FPSO leasing firm BW Offshore on Friday announced a partnership with international global infrastructure investors for the equity financing of the FPSO for Santos' Barossa gas field offshore Australia.Earlier this year Santos and BW Offshore…
Singapore-based Sembcorp Marine has secured an exclusive contract from floating production firm Altera Infrastructure, to carry out the Front-End Engineering Design (FEED) work for an FPSO to be built for Santos' Dorado oil and project offshore Australia…
Liza Unity FPSO, set to become Guyana's second offshore production unit, has been completed in Singapore and has set sail towards Guyana.Keppel Shipyard, responsible for the construction and integration of the topside modules with the China…
FPSO supplier BW Offshore has secured a $1.15 billion loan for the construction and operation of the FPSO for Australia-based Santos' Barossa offshore gas field.Earlier this year Santos and BW Offshore signed a contract for the delivery of an FPSO for the Barossa gas field…
Africa-focused oil and gas company VAALCO Energy said Wednesday that its partners in the Etame field offshore Gabon had approved the plan to charter an FSO to replace the FPSO currently deployed at the Etame field.VAALCO, which first announced the FSO charter plans on August 26…
Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report.Asked what is driving the positive sentiment…
Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…
Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…
Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon…
Brazilian oil firm Petrobras said Monday it had started producing oil and gas from the FPSO Carioca, the first FPSO in the Sépia field, located in the Santos Basin pre-salt, offshore Brazil.The Carioca FPSO is located around 200 km off the coast of the state of Rio de Janeiro…
Australian oil and gas company Santos has awarded the FEED contract for the FPSO for the Dorado project offshore W. Australia to Altera Infrastructure.Located in the Bedout Sub-basin, Dorado is an oil and gas project which is planned to be developed in two phases…