Brazilian oil and gas company Petrobras has signed production sharing contracts with its partners for the Atapu and Sépia oil fields, offshore Brazil.For Atapu, the PSCs were signed with Shell (25%) and Total Energies (22,5%). For Sépia, PSCs were signed with TotalEnergies (28%)…
Fears of gas supply interruptions due to Russian gas export constraints are driving interest and demand for floating regasification terminals, with contracting activity for oil and gas floaters also being quite active, World Energy Reports said in April 2022 Floating Production Systems Report…
Oil production at Brazil's Petrobras rose in the first quarter as additional wells ramped up or came online, while a new platform set to start pumping in May should help that trend continue, the state-run company said on Wednesday.In a securities filing…
Oslo-listed FPSO leasing company BW Offshore said Wednesday a fatal incident had occurred in the Priya Blue shipyard in India, but that it was not related to ongoing recycling of former BW Offshore FPSOs at the yard.BW Offshore said in February…
Italian oilfield services giant Saipem has awarded GE Power Conversion a contract to develop the electrical module for Petrobras’ P-79 FPSO.In June 2021 Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co…
Exxon Mobil Corp on Tuesday said it found oil in three new wells drilled off the coast of Guyana, raising recoverable oil and gas potential from its discoveries to nearly 11 billion barrels.The discoveries continue a run of exploration successes that date to 2015…
Guyana sold its first share of crude oil from the country's newest offshore production facility to ExxonMobil for about $106 million, the government said.One of South America's poorest nations, Guyana plans to use proceeds from oil in the short term to build roads…
UK-based oil and gas company Hurricane Energy earned about $60.5 million from the sale of the latest cargo of oil produced from its Lancaster field offshore the UK.The company said this week that the 28th cargo of Lancaster oil, totaling approximately 524 Mbbls…
FPSO specialist SBM Offshore has shared a video showing the lifting and installation of the first topside module batch for the Prosperity FPSO at the Keppel O&M yard in Singapore. The hull of the FPSO Prosperity, which will be Guyana's third…
Brazilian oil company Petrobras has brought online the first two wells of the increased oil recovery (IOR) project at Roncador project offshore Brazil, almost five months ahead of schedule and at half of the planned cost, Equinor, Petrobras' partner in the project…
Singapore's Keppel Offshore & Marine has recently ordered the topsides turbomachinery package from Siemens Energy for the P-78 FPSO.The FPSO is owned and operated by Brazil-based Petrobras in partnership with Chinese CNOOC and CNODC and will operate in the Búzios Field of the Santos Basin…
Italian oil company Eni has offloaded and exported first cargo from the Miamte FPSO, offshore Mexico, following the production start-up in February.The FPSO, supplied by Japan's MODEC, operates at the Miztón, Amoca, and Tecoalli fields in Area 1…
Malaysian engineering company MTC has said it has, as part of a consortium, secured the bid to deliver an FPSO for Medco Energi's Forel field in South Natuna Block B, offshore Indonesia. A consortium consisting of MTC Engineering, PT Hanochem Tiaka Samudera…
Australian oil and gas company has hired engineering firm Wood for work on the Sangomar FPSO development, located 100km south of Dakar, Senegal.The Sangomar FPSO is designed for the processing of hydrocarbons and the storage of oil from Senegal's first offshore oil development…
The Johan Castberg FPSO arrived in Norway on Friday onboard the world’s largest transport vessel Boka Vanguard owned by Boskalis.The vessel reached Norway after a long journey from Singapore, where it was built by Sembcorp Marine. The vessel departed Singapore in mid-February…