Floatinng Production News

 

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161.6 million) offer for FAR hinges on the Australian firm dropping its 15% stake sale in the Sangomar project to gas producer Woodside Petroleum.A general meeting to vote on the sale has been adjourned till April 28…

Masirah Contracts Wings Offshore for FSO

Nov 27, 2019

Masirah Oil, an exploration and production company operating Block 50 offshore Oman, has awarded a contract to Wings Offshore for a floating storage and offloading (FSO) vessel, which will be used on a field located offshore Oman.Masirah said…

Brazil's New Dawn

Oct 10, 2019

Brazil’s offshore oil and gas sector: it’s complicated, challenging and rife with opportunity.Brazil today is seeing offshore activity increase, production is on the rise, and its government has made significant strides to remove obstacles for investment…

Current News

C-Innovation Wraps Guyana Survey Remotely from U.S. HQ

C-Innovation Wraps Guyana Survey Remotely from U.S. HQ

Safety Watchdog Issues Order to KCA Deutag after Serious Injury on Askeladden Jack-up Rig

Safety Watchdog Issues Order to KCA Deutag after Serious Injury on Askeladden Jack-up Rig

Uzma to Provide Chemicals for Bualuang Field Off Thailand

Uzma to Provide Chemicals for Bualuang Field Off Thailand

Mocean Energy’s Wave Energy System Produces First Power at EMEC Test Site

Mocean Energy’s Wave Energy System Produces First Power at EMEC Test Site

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