Teekay's Petrojarl I floating production, storage and offloading (FPSO) vessel has sailed away from Aibel's shipyard in Norway. The TenTech 685-design vessel, which was the North Sea's first FPSO when it was delivered in 1986 by NKK in Japan…
UK fractured basement explorer Hurricane Energy has contracted floating production and subsea engineering firm Crondall Energy to provide engineering support during the early production system (EPS) project on the Lancaster field, West of Shetland…
The Libra consortium, led by Petrobras, has chosen Modec to charter a floating production storage and offloading unit (FPSO), the first definitive production system of Mero field, which will be used in the Mero Pilot project (formerly Libra Northwest)…
West of Shetland fractured basement explorer Hurricane Energy says work on its Lancaster early production system EPS) floating production unit and turret in Drydocks World, Dubai, are on schedule. The Lancaster EPS is a two-well tieback to a floating production…
UK-based fractured basement reservoir explorer Hurricane Energy says a new competent person's report (CPR) across its Rona Ridge assets has seen an increase in its reserves estimates - by 231%. The report, by by RPS Energy Consultants…
Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November). Libra is in the ultra-deep waters of the Santos Basin, 180km offshore Rio de Janeiro, Brazil. The…
Ocean Installer has been awarded an agreement with Siccar Point Energy and Baker Hughes, a GE company, to support the appraisal and early production phases of the Cambo Project, with the ability to extend into the future developments. Ocean…
Siccar Point Energy is moving forward with plans to develop the Cambo field, 125km northwest of Shetland in the UK North Sea. The development concept will be focused on a two-phase approach, according to Baker Hughes, a GE Company…
Bluewater Energy's Aoka Mizu floating production unit has arrived at Drydocks World Dubai shipyard ready for works to prepare it for use on Hurricane Energy's Lancaster field early production system (EPS) development, west of Shetland. Drydocks…
Hurricane Energy has been given approval to move forward with its West of Shetland fractured basement Lancaster field early production system (EPS). The Lancaster EPS is a two-well tieback to a floating production, storage and loading facility…
TechnipFMC has been awarded an engineering, procurement, construction and installation contract from Hurricane Energy for the Lancaster early production system (EPS), west of Shetland. Hurricane took final investment devision on the project yesterday…
Hurricane Energy has made a final investment decision on its Lancaster early production system (EPS) development and expects regulatory approval shortly. The Lancaster EPS is a two-well tieback to a floating production, storage and loading facility that is expected to produce 17…
The North Sea's first floating production, storage and offloading vessel (FPSO), the Petrojarl I, has been delivered to owner Teekay after a two and a half year project to make it ready for its next deployment. The Petrojarl 1, a Tentech 685 design vessel…
Fractured basement explorer Hurricane Energy is set to raise US$520 million to help it fund its Lancaster early production system (EPS), west of Shetland. The cash would be through a $300 million in a share placing and a further $220 million in a convertible bond offering…
A new evaluation on Hurricane Energy's Lancaster field, west of Shetland, has said the field contains 2.3 billion bbl in place, a 120% increase compared to the 2013 estimate, and attributed 2P reserves to the field for the first time. According to the Competent Persons Review (CPR)…
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