After several short-term charter extensions, the Norwegian FPSO leasing firm BW Offshore has closed the transaction for the sale of the Abo FPSO.BW Offshore will sell the FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for $20 million…
Oslo-listed FPSO leasing firm BW Offshore has signed another short-term extension for one of its FPSOs in Nigeria, with the end goal of selling the unit.The company said Monday it had signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd…
Canadian oil firm Hibernia Management and Development Company Ltd. (HMDC) will pay $400,000 for a 2019 offshore oil spill, the Canada-Newfoundland and Labrador Offshore Petroleum Board said Tuesday.According to C-NLOPB, HMDC has pled guilty…
An incident happened last week that saw a 1.8-kilogram piece of timber fall 15 meters to the deck of an offshore support vessel during lifting operations at HMDC's Hibernia Platform, offshore Canada, in the Atlantic Ocean.Hibernia Management and Development Company Ltd…
FPSO leasing company BW Offshore has signed a short-term extension for its Abo FPSO.The extension was signed with Nigerian Agip Exploration Ltd, a subsidiary of the Italian oil firm Eni, and runs until August 14, 2023.BW Offshore has been in talks to divest the FPSO…
BW Offshore has today closed the transaction for the sale of the FPSO Sendje Berge in Nigeria to 'a local FPSO owner and operator' for $15 million. Following the transaction, the buyer has assumed responsibility for the operations of the FPSO Sendje Berge…
Norwegian FPSO vessel owner BW Offshore has recently secured short contract extensions for two of its FPSOs operating in Africa.On Friday, BW Offshore said it had signed a short-term extension for the lease and operation of the FPSO Espoir Ivoirien…
Murphy Oil Corp said on Friday it failed to encounter commercial hydrocarbons after concluding drilling at a well in Block 5 of the Salina Basin offshore Mexico.The company is the operator and holds a 40% working interest in Block 5, while Malaysia's…
Hibernia Management and Development Company Ltd. (HMDC), the operator of the Hibernia platform in the Atlantic Ocean offshore Canada, has reported that a near-miss incident occurred on the platform on October 5, 2022.According to HMDC, as reported to safety regulator CNLOPB…
U.S offshore wind developer Atlantic Shores Offshore Wind has selected wind turbine maker Vestas as the preferred supplier for its 1.5 GW offshore wind project in New Jersey, USA. Atlantic Shores is a 50:50 partnership between Shell New Energies and EDF Renewables…
Offshore drilling contractor Transocean on Tuesday announced it has secured two drilling contracts for its ultra-deepwater drillship Deepwater Asgard in the U.S. Gulf of Mexico.The two awards, which come from separate operators and are worth about $181 million combined…
An incident that had the potential for fatality occurred earlier this month on the Hibernia Platform offshore Canada when a 711kg elevated feeder machine bridge adapter plate dropped on a deck. Luckily, there were no injuries.'Hibernia Management and Development Company Ltd…
Offshore oil and gas safety regulator The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has laid three charges against Hibernia Management and Development Company Ltd. (HMDC) for alleged offenses related to a spill of petroleum…
Brazilian oil company Petrobras has launched the binding phase for the sale of its 20% in the company MP Gulf of Mexico, LLC. (MPGoM), which owns offshore fields in the U.S. Gulf of Mexico.Petrobras first announced its intention to exit the joint venture in October 2021…
U.S. oil firm Murphy Oil Corporation has started oil production from the Khaleesi, Mormont, and Samurai field development project in the deepwater section of the U.S. Gulf of Mexico.Production has started flowing this month from the Murphy-operated King’s Quay floating production system…
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