Oil major Shell is planning to breath new life into its oldest North Sea floating production unit after acquiring new 4D seismic data last year. According to a partner on one of the fields produced by the Anasuria floating production…
A floating production (FPSO) vessel moored over the Bualuang oil field in the Gulf of Thailand damaged a production riser after drifting off station in bad weather. The Rubicon Vantage FPSO drifted into the exclusion zone designed to protect the production infrastructure…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad has signed a bareboat charter contract with EnQuest for a floating production, storage and offloading vessel (FPSO) to be deployed at the Kraken field in the UK North Sea…
Total announced that Qatar Petroleum International (QPI) is now a shareholder of Total E&P Congo, holding 15% of its capital. The news follows a framework agreement that was previously signed in May. The US$1.6 billion increase of Total E&P…
Keppel Offshore & Marine Ltd's (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard) and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured five contracts worth about S$150 million in total. Keppel Shipyard's contracts are FPSO and FSO projects from Armada C7 Pte Ltd…
BW Offshore has signed a letter of intent to acquire 30% of the Polvo oil field in Brazil. Following the ongoing sale of BP's stake in the Polvo field to HRT Participações em Petróleo S.A. (HRT), BW Offshore has the intention to acquire half of HRT's stake…
Marathon Oil has said it is to start marketing its UK North Sea and Norway assets as part of a continued portfolio optimization strategy. Marathon Oil president and CEO Lee Tillman said the move came as the business was focusing activity on US resource plays…
ABTechnology Ltd. and partner Enegi have signed an option agreement with energy services firm Wood Group PSN to increase its participation in the ABT Oil and Gas project. ABT Oil and Gas is a joint project by Enegi and ABTechnology to…
The Toscana became the world’s first permanently moored floating storage and regasification unit earlier this year. Nick Palmer talks more about the unit and its external turret mooring system. This August saw the final installation and hook up of the floating…
Premier Oil says production on the North Sea Huntington field has increased to 20,000 bbl/d as restrictions on the CATS pipeline continue to be lifted. Full production rates on the Voyageur Spirit FPSO, which produces the Huntington field…
CGG surveys GOM for Pemex CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever…
North east England engineering firm OGN Group has secured a multi-million pound contract with EnQuest to undertake finishing and commissioning works on the EnQuest Producer, a 249m-long floating production, storage and offloading (FPSO) vessel…
North Sea focused independent EnQuest's US$3.2billion plan to develop the Kraken heavy oil field has been given the go ahead. Kraken is in 108-125m water depth, about 135km east of Shetland, and is estimated to contain 137MM bbl gross reserves…
Chevron Corporation's Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil. Chevron holds a 37.5% interest in the Papa-Terra field…
Eni Norge has opened a new operations center in Hammerfest as part of its expansion in northern Norway and the Barents Sea. Eni has been active in the region since the start of the 1990s and is developing the Goliat oil field - the first oil field to be developed in the Barents Sea…