Offshore Floating Production News - page 7

Alvheim FPSO Celebrates 15 Years of Oil and Gas Production as Tyrving Tie-in Gets Green Light

Jun 08, 2023

The Norwegian Minister of Petroleum and Energy, Terje Aasland, on Thursday granted approval for the development of Aker BP's Tyrving offshore discovery, which will be a tie-in to Alvheim FPSO.Aker BP as the operator, and its license partners…

Woodside Starts Marketing Senegal's First Oil

Jun 07, 2023

Australia's Woodside Energy has started marketing a new African crude oil from Senegal's first oil project, where the company aims to start producing by the end of this year, a senior executive said. Located about 100 km (62 miles) offshore south of Dakar…

New Zealand: MN1 Offshore Well Restarts Oil Production After Year-Long Shutdown

Jun 05, 2023

The MN1 oil production well at the OMV-operated Maari/Manaia field offshore New Zealand has restarted production after having been offline since May 2022.Cue Energy, a partner in the Maari Joint venture, on Friday, announced the successful repair of the well…

Output from Armada Kraken FPSO in UK Shut-In Following Failed Restart Attempt

Jun 05, 2023

Malaysian FPSO leasing firm Bumi Armada said Friday that its Armada Kraken FPSO, on a contract with EnQuest in the UK North Sea, was recently shut-in following the failure of critical hydraulic submersible pump (HSP) transformers.  The Kraken…

Canada: Equinor Delays Bay du Nord Offshore Oil Project Up to 3 Years

Jun 01, 2023

Norway's Equinor said on Wednesday that it will postpone its Bay du Nord Canadian offshore oil project for up to three years, due to rising costs.The decision sets back one of Canada's biggest oil projects in years, and one which has the rare support of Prime Minister Justin Trudeau's government…

Almirante Barroso FPSO Starts Production at Búzios Offshore Field

Jun 01, 2023

Brazilian oil company Petrobras has started production from Almirante Barroso FPSO in the Búzios field, offshore Brazil.The FPSO has the capacity to produce up to 150 thousand barrels of oil and 6 million m³ of gas per day.FPSO Almirante Barroso…

TotalEnergies Granted 20-Year License Renewal on Nigerian Offshore Block

May 29, 2023

French oil major TotalEnergies, operator of OML130 offshore license in Nigeria, confirmed Monday it had secured the renewal of the production license on this offshore block for 20 years.Located 150 kilometers off the Nigerian coast, the OML130…

Four Bidders Vie For Stake in Exxon LNG Terminal Offshore Italy - Sources

May 29, 2023

Four international groups are competing to buy Exxon Mobil Corp's majority stake in a liquefied natural gas (LNG) terminal offshore Italy, two sources familiar with the matter said. The deal could value the entire LNG terminal at around 800 million euros ($881 million)…

NOV's APL to Deliver Submerged Swivel and Yoke System for Wison's FLNG Project in West Africa

May 26, 2023

China-based Wison Offshore & Marine has awarded NOV's APL a contract to supply a Submerged Swivel and Yoke (SSY) system for deployment in shallow waters offshore West Africa.APL said the SSY would be used as a mooring and gas export solution…

Drone-Based Methane Emissions Survey to Aid Bumi Armada's Action Plan for Kraken FPSO

May 23, 2023

IKM Testing UK has secured a second contract with the Malaysian FPSO leasing firm Bumi Armada to deliver a drone-based methane emissions survey on the Armada Kraken FPSO, producing oil for EnQuest in the North Sea.The project follows an aerial…

Aibel Bags Johan Castberg M&M Work. Deal to Create Jobs in North Norway

May 23, 2023

Norwegian offshore engineering and construction services firm Aibel has won a contract with Equinor for Maintenance and Modifications works on Johan Castberg offshore field in the Barents Sea. The work will be carried out from Aibel’s office in Harstad…

Exxon Says Guyana Insurance Dispute Could Cut Revenue $350M/Month

May 22, 2023

Exxon Mobil Corp on Friday said an ongoing dispute over oil-spill insurance in Guyana could halt production at its first offshore platform there, cutting revenue by about $350 million per month.A Guyanese court this month found Exxon in breach…

Exxon Rebuts Proxy Advisor, Says Net Zero Emissions Scenario 'Unlikely'

May 19, 2023

Exxon Mobil Corp has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters. In a reply on Wednesday to proxy advisor Glass Lewis…

Aker Solutions to Provide Dynamic and Static Subsea Umbilicals for ExxonMobil's Uaru Project

May 19, 2023

Norwegian offshore engineering and construction firm Aker Solutions said Friday it had won a sizeable contract from ExxonMobil to provide dynamic and static subsea umbilical for the Uaru project in Guyana. Aker Solutions defines a sizeable contract as between NOK 0…

SBM Offshore Picks M.A.R.S. for Sustainable Decommissioning of FPSO Capixaba

May 17, 2023

Modern American Recycling Services Europe, A/S (M.A.R.S.) has been awarded a contract by SBM Offshore for dismantling and green recycling of SBM Offshore’s FPSO Capixaba. The FPSO Capixaba is 362 m long, with a Light Displacement Tonnage of 54…

Current News

Malampaya Gas Field Exceeds Export Capacity Amid Grid Demands in Philippines

Petrobras and BP Deepen Partnership

Subsea7 Wraps Up Pipeline Replacement Work Offshore Brunei

Woodside Revenue Falls on Lower LNG, Oil Prices

Subscribe for OE Digital E‑News