Floating Producer News

 

Norway to Make First Offshore Wind Tender Awards by Autumn 2023

Dec 06, 2022

The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding.The Nordic country, a major producer of oil and gas as well as hydropower…

Yinson, Azule Energy in Angola FPSO Deal

Dec 05, 2022

Malaysian FPSO leasing company Yinson has agreed to start preliminary activities for the provision of an FPSO for Eni, BP JV in Angola, called Azule Energy.Under the agreement with Azule Energy, Yinson will kick off preliminary activities for the provision…

Equinor Sticks to Renewables Profit Goal amid Bottlenecks and Competition

Dec 02, 2022

Norwegian energy firm Equinor's renewables business faces rising supply chain bottlenecks and strong rivalry for new projects, but will not compromise on its 4-8% investment return target, the head of the unit told Reuters.While still largely an oil and gas producer…

Talos Extends Helix Producer I Floater Charter in Gulf of Mexico

Nov 23, 2022

Oil and gas company Talos Energy has extended the contract for the Helix Producer I floating production vessel in the U.S. Gulf of Mexico. According to Helix Energy Solutions Group, the vessel owner, the contract has been extended for one year the term…

Ithaca Energy Shares Dip after UK's Largest IPO This Year

Nov 09, 2022

Ithaca Energy shares dipped on their London debut on Wednesday after the North Sea oil and gas producer defied volatile markets to deliver Britain's largest initial public offering (IPO) this year, and Europe's fifth biggest. The shares opened…

Ithaca Energy's London IPO Priced at Bottom of Range

Nov 08, 2022

North Sea oil and gas producer Ithaca Energy's planned initial public offering (IPO) in London is set to be priced at the bottom of the range at 250 pence per share, a bookrunner on the deal said on Tuesday.Ithaca's market debut will be watched…

Ithaca Energy IPO Set to Price at Lower End of Range - Bookrunner

Nov 07, 2022

A planned initial public offering of North Sea oil and gas producer Ithaca Energy IPO is set to price at the lower end of the previously guided range, bookrunners on the deal said on Monday.The revised price guidance is for between 250 and 270 pence per share…

Germany Secures Gas Supply for Two FSRUs

Aug 16, 2022

Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.Under the MoU with Uniper and EnBW's VNG…

TotalEnergies Hails French Floating Pre-Selection

Aug 04, 2022

A consortium of TotalEnergies, Corio Generation and Qair has been pre-selected by the French Directorate General for Energy and Climate (DGEC) to participate in a competitive tender to develop two floating windfarms in the Mediterranean Sea…

RWE, Tata Steel In Collaboration for Celtic Sea Floating Wind Projects

Jun 29, 2022

Wales’ largest electricity producer RWE has entered a partnership with steel maker Tata Steel to explore the production of steel components that could be used in gigawatt-scale floating offshore wind projects in the Celtic Sea.'The co-operation…

James Fisher Wraps IRM Project for NEO Energy

Jun 16, 2022

James Fisher and Sons plc said its James Fisher Subtech (JF Subtech) arm has completed a subsea inspection, repair and maintenance (IRM) contract for North Sea oil and gas producer NEO Energy on its floating production storage and offloading (FPSO) vessel…

PHI International to Provide Crew Transfer Services for Woodside's Scarborough Project

Feb 23, 2022

Offshore helicopter operator PHI International (PHI) has said it has won 'a significant' aviation services contract with Woodside, as an operator for and on behalf of the Scarborough Joint Venture, in Western Australia. The contract will see PHI transporting personnel from Learmonth Airport…

ADNOC, AG&P Agree FSU Lease for Philippines First LNG Terminal Launch in July

Feb 23, 2022

The logistics arm of state oil firm Abu Dhabi National Oil Company (ADNOC) will supply a floating storage unit to LNG logistics company AG&P to launch the Philippines' first LNG import terminal in July, the companies said on Wednesday.Singapore-based Atlantic…

Aker Offshore Wind 'Confident' Despite ScotWind Disappointment

Jan 20, 2022

Norway-based offshore wind developer Aker Offshore Wind said Thursday it remained committed to its strategy and to developing its international project portfolio despite the disappointing result in the ScotWind leasing round where the company did not secure any project licenses…

How to Reduce Risk Across the Lifecycle of Floating Production Assets

Dec 28, 2021

Using digital transformation to mitigate risks and increase performance of offshore rigsFloating production storage and offload vessels (FPSOs) are among the largest investment trade-offs an oil and gas producer will make. On the one hand, these…

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