Singapore-based Keppel Offshore and Marine subsidiaries have been slapped with a request for arbitration from an unnamed counterparty in relation to contracts for the delivery of Floating, Production, Storage, and Offloading (FPSO) vessels.Keppel…
Japanese FPSO specialist MODEC is in talks with engineering group Toyo Engineering over a feasibility study of a potential alliance in the Engineering, Procurement, Construction and Installation (EPCI) business for FPSO vessels. Subject to the result of the discussion and feasibility study…
Offshore drilling in Guyana, mainly by ExxonMobil, has in the past years unearthed more than 9 billion barrels of oil equivalent, making Guyana a place to be when it comes to deepwater exploration, and as of December 2019, production, with multiple FPSOs planned for deployment in the coming years…
Norwegian oil and gas company Aker BP has awarded subsea contracts for the Kobra East & Gekko (KEG) development in Norway to Subsea 7 and Aker Solutions.The contact comes days after Aker BP as the operator filed a plan for development and operation for the North Sea project…
More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders…
The Australian government on July 1 released a Request for Expressions of Interest (REOI) for Phase 1 works related to decommissioning of the Northern Endeavour FPSO currently at Laminaria-Corallina oil fields in the Timor Sea.After the offshore fields' owner…
Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam's PTSC AP.The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…
Australian oil and gas company Santos on Tuesday announced the start of Front-End Engineering and Design (FEED) for the Dorado field development in the Bedout Sub-basin, offshore Western Australia. Contracts are expected to be awarded in the next few months…
FPSO specialist Bluewater has secured a contract extension for its Bleo Holm FPSO with Repsol Sinopec Resources UK Limited and its JV Partner RockRose Energy.The FPSO, deployed in the UK, will see the contract extended until December 31, 2024…
Brazilian oil and gas company PetroRio has received regulatory approval for a revised development plan of the Frade oil field offshore Brazil.The new development plan, approved by the national oil industry regulator ANP, allows the drilling…
Norwegian company Miko Marine has shipped out the first magnetic blanking set destined for the Brazilian offshore sector from its fabrication plant in Haugesund, Norway. However, the set is not going to Brazil, but to the DSIC yard in Dalian…
Maersk Supply Service reports winning a solutions project contract for the Libra Consortium in Brazil for the pre-lay of anchors to a newbuild FPSO in Brazil, a project integrating engineering, procurement, construction and installation (EPCI)…
Production has kicked off from the Gårsel (Gray Seal) oil field in the Skarv area, off the coast of Norway, four months ahead of plan, according to Norwegian oil and gas giant Aker BP.Aker BP CEO, Karl Johnny Hersvik said: 'I’m very proud of…
Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil…
Norwegian offshore services company Havfram, previously known as Ocean Installer, has won a contract with Technip Energies in Africa.The contract is for the pre-installation and subsequent hook-up of the subsea mooring system for a natural gas…