Woodside Energy has been served by Bumi Armada Berhad with a US$283.5 million legal claim, after the Australian company terminated a floating production storage and offloading (FPSO) charter contract for operations offshore northwestern Australia…
Repsol Norge awarded DeepOcean a contract for provision of engineering, procurement, removal and disposal (EPRD) of Varg Subsea facilities in the North Sea. Image of the Edda Freya, from DeepOcean…
Brazil’s Petróleo Brasileiro (Petrobras) recorded a total of 2.55 MMboe/d of oil and natural gas production in March, of which 2.36 MMboe were produced in Brazil and 183,000 boe/d abroad. Image of the P-31 FPSO…
BP's massive newbuild Glen Lyon floating production, storage and offloading (FPSO) vessel has arrived in Haugesund, Norway, for final commissioning work before heading west of Shetland on the UK Continental Shelf. The 270m…
Aker Solutions is to carry out a study on a design for a floating production, storage and offloading (FPSO) vessel for Lundin's Alta and Gohta oil development in the Barents Sea, offshore Norway. The work is under a new three-year framework…
Singapore-based Ezra Holdings is set to divest its largest floating production and storage offloading (FPSO) unit, the Lewek EMAS, in efforts to step away from the ownership of FPSO assets and streamline resources, the company revealed in its 1H 2016 report…
Tullow Oil is pushing back the start up of production at its Jubilee field offshore Ghana by an additional two weeks, after finding more damage to the Kwame Nkrumah floating production and storage offloading (FPSO) unit. Image of the Kwame Nkrumah…
Keppel Offshore & Marine (Keppel O&M), through its subsidiary, Keppel FELS Brasil BrasFELS shipyard has been awarded a US$137 million floating production storage and offloading (FPSO) module fabrication and integration project by Modec Offshore Production Systems (Singapore)…
Tullow Oil is set to start up production at its Jubilee field offshore Ghana later this week, after declaring force majeure on two cargoes last month. Image of the Kwame Nkrumah, from Tullow. In a statement from the company…
Chad Barnes reports that contrary to current industry norms, contracting activity in the Eastern Mediterranean and North Africa region is on the rise. The Eastern Mediterranean gas landscape and a focus on Egypt…
Rosneft and Siemens entered into a cooperation and partnership agreement to study opportunities in the development of technical solutions and manufacturing allocation of equipment for the fuel and energy sector. Kaeser…
UK-based independent has now cut US$425 million off its North Sea Kraken heavy oil development budget as it looks to continue reining in costs. After initially shaving $300 million, or about 10%, off the project's original $3.2 billion costs…
Frames Flow Control & Safeguarding has completed the flow control and safeguarding equipment for the Petrobras FPSO Cidade de Campos dos Goytacazes MV29. Modec Offshore Production Systems (Singapore), a Modec group company, awarded Frames…
Tullow Oil has declared force majeure on two cargoes from its Jubilee development, offshore Ghana, after issues with a turret bearing on the Kwame Nkrumah floating storage and offloading (FPSO) vessel, according to news reports. The Kwame Nkrumah…
Shell has started oil production from the third phase of its Parque das Conchas (BC-10) development, offshore Brazil, in hopes of adding up to 20,000 boe/d. The Espirito Santo FPSO. Image from SBM Offshore…