Floating Production News

 

Norway: Shell Given OK for Knarr FPSO Removal

Mar 24, 2022

Oil major Shell has received regulatory approval for the removal of the Petrojarl Knarr FPSO and seabed structures on the Knarr field, offshore Norway.Discovered in 2008, Knarr is a field in the northern part of the North Sea, 50 kilometers northeast of the Snorre field…

Italy Plans Two FSRU Units to Cut Russia Gas Reliance

Mar 24, 2022

Italy is looking to install two floating storage and regasification units (FSRU) to boost liquefied natural gas (LNG) imports as part of plans to cut reliance on Russian gas, Italy's energy transition minister said on Tuesday.'Today we officially…

DOF Subsea to Help VAALCO with FPSO/FSO Swap Offshore Gabon

Mar 24, 2022

Oil and gas company VAALCO Energy has hired DOF Subsea to perform subsea construction and installation services offshore Gabon, where the company operates the Etame field.The contract is for the support of the subsea reconfiguration associated…

Indigenous Australians Ask S. Korea Court to Block Loans to $3.6B Offshore Gas Project

Mar 24, 2022

A group of Indigenous Australians has gone to court in South Korea seeking to block the country's export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.People from the Tiwi…

SBM Offshore Divests 45% Stake in Brazil-bound FPSO Alexandre de Gusmão

Mar 23, 2022

Dutch FPSO leasing company SBM Offshore has divested a 45% stake in the under-construction FPSO Alexandre de Gusmão, bound to be deployed at Petrobras Mero field offshore Brazil'SBM Offshore is pleased to announce that it has entered into a…

PHOTO: Njord A Platform Heads Offshore After Extensive Upgrades Completed

Mar 22, 2022

Aker Solutions has completed years-long work to upgrade the drilling and production platform Njord A for client Equinor.'Towing it back to the field has started today, March 22. The project has provided more than 6,000 man-years in Norway and…

Rights Group Calls on French Prosecutors to Probe SBM Offshore

Mar 22, 2022

Rights group Sherpa has called on French prosecutors to open an investigation into alleged corruption related to the activities of Dutch oil and gas services firm SBM Offshore, it said in a statement on Monday.Sherpa said it had filed a request…

Shell Gets Approval to Restart Production from Prelude FLNG

Mar 21, 2022

Australia's offshore petroleum watchdog has cleared the way for Shell to restart its Prelude floating liquefied natural gas (FLNG) site off northwestern Australia after a power outage forced a shutdown in December.Shell has given no timeframe for when production will resume at the 3…

Regulator: Brazil Cannot Add Oil to the Market Any Faster

Mar 21, 2022

Brazil this decade expects to gradually add 3 million barrels per day of oil and gas to its production but cannot speed up those plans to offset a ban on Russian oil, top oil regulator Rodolfo Saboia told Reuters last week.One of the largest and fastest-growing non-OPEC oil producers…

Energean Pens Gas Sales Deal with IEC, Israel's Largest Gas Buyer

Mar 15, 2022

Oil and gas company Energean, focused on bringing online the Karish gas field offshore Israel, said Monday it had signed a supply agreement with the Israel Electric Company, the largest Israeli buyer of natural gas.'IEC will now have the right to purchase natural gas from Energean’s fields…

BW Offshore Sells FPSO Umuroa for Scrap

Mar 14, 2022

After it last month said it would recycle its FPSO BW Cidade de São Vicente, FPSO owner BW Offshore has now agreed to sell another FPSO for scrap, this time the FPSO Umuroa.The company said Monday it had signed an agreement to recycle the FPSO…

BP, Eni Clinch Deal on Angola Joint Venture

Mar 11, 2022

Eni and BP have completed a deal to merge their oil and gas operations in Angola, the groups said on Friday, confirming what sources earlier exclusively told Reuters.The deal will create a company called Azule Energy that is expected to be Angola’s…

Tullow Oil Sees Ghana Offshore Fields Production at 150,000 boe/d by 2025

Mar 09, 2022

West Africa-focused Tullow Oil's chief executive TLW.L said on Wednesday its Jubilee offshore oilfield in Ghana could produce 100,000 barrels of oil equivalent per day (boe/d) and the TEN field 50,000 boe/d by 2025 under current spending plans…

Petrobras, CNOOC Sign Búzios Field Deal

Mar 08, 2022

Brazilian oil firm Petrobras last Friday signed a contract with its Chinese partner CNOOC for the assignment of 5% of its interest in the Búzios field, in the Santos Basin pre-salt area, offshore Brazil.The agreement is the result of the option to purchase an additional share…

Scana's Seasystems to Deliver Anchoring System for Brazil-bound FPSO

Mar 08, 2022

Scana's subsidiary Seasystems, previously known as Scana Offshore, has received a letter of intent to deliver an anchoring system for a Brazil-bound FPSO.The delivery consists of anchoring equipment such as chain stops, jacks, and winches.Scana…

Current News

Oil and Gas Redevelopment Project off Norway Gets $1.8B Approval

Oil and Gas Redevelopment Proj

Serica Boosts North Sea Portfolio with Spirit Energy Assets Purchase

Serica Boosts North Sea Portfo

Petrobras Keeps Oil Output Steady Amid Strikes on Platforms and Refineries

Petrobras Keeps Oil Output Ste

TotalEnergies Sells Stake in Malaysia’s Block to Thailand’s PTTEP

TotalEnergies Sells Stake in M

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine