Australian oil company FAR Ltd. has signed a deal with Glencore, one of the world's largest oil marketers, for the full allocation of Far's share of the future oil production from the Sangomar field offshore Senegal.FAR, which owns a 15% stake in the recently sanctioned…
Aberdeen-based Oil and gas company Dana Petroleum has awarded Norway's Ocean Installer a contract for work at the Triton Area Development, located in the Central North Sea, around 190 km east of Aberdeen.According to a press release, the award…
A vessel carrying Guyana's first-ever shipment of crude set sail on Monday bound for the U.S. Gulf Coast, oil major Exxon Mobil Corp said, marking the tiny South American nation's long-awaited debut as an oil exporter.The Suezmax vessel Yannis P…
SOFEC announced it has been awarded a contract from MODEC to supply an external turret mooring system for a floating production, storage and offloading (FPSO) vessel for the Sangomar project offshore Senegal.SOFEC will be responsible for all engineering…
Italian oil company Eni has produced first oil from its Agogo field offshore Angola, nine months after discovery.Eni brought the field online via the FPSO Ngoma located 15 kilometers from the oil field. The current output level is around 10…
The first-ever cargo of Guyana's crude for export is scheduled to begin loading this weekend so the oil can be processed at Exxon Mobil's refining system, the company told Reuters on Friday.Exxon has so far made 15 discoveries of oil reserves in Guyana…
Malaysian FPSO leasing specialist Yinson has signed another short-term charter extension for the Lam Son FPSO offshore Vietnam.Yinson's Vietnam JV PTSC AP on Wednesday, January 15, entered into an eighth FPSO contract extension for the FPSO with PTSC…
Australia's Woodside Petroleum posted a nearly 7% rise in fourth-quarter production on Thursday and forecast higher output for fiscal 2020, as it steps up work on growth projects in a bid to triple its oil and gas reserves over a decade.The…
Technical problems cut the oil output from Eni's Arctic Goliat field off Norway by almost 40% during the first ten months of last year, although the issues have since been resolved, the Italian company's local unit told Reuters.The field, which started production in March 2016…
The Canadian offshore safety regulator for Newfoundland and Labrador C-NLOPB has ordered oil company Suncor to install fall-protection systems on ladders aboard its Terra Nova FPSO.The order comes two weeks after a worker aboard Suncor's Terra…
BW Offshore's exploration and production subsidiary BW Energy is gearing up for an initial public offering of shares in the first quarter of 2020, and listing on the Oslo exchange an independent company.BW Energy was established by the FPSO…
Brazilian oil company Petrobras has sold its Nigeria-focused subsidiary for around $1,5 billion.Petrobras said Wednesday it had completed the sale of its 50% equity interest held in Petrobras Oil & Gas B.V. (PO&GBV).PO&GBV has assets in Nigeria…
Senegal could as well be on the way to joining the league of top African oil and gas producers in the next three years after developers of one of the most profound offshore discoveries announced reaching a final investment decision (FID).The Rufisque Offshore…
Lankhorst Offshore reports it has been awarded a contract by SBM Offshore to supply the deepwater mooring lines for the Liza Unity Floating Production Storage and Offloading (FPSO) for ExxonMobil’s Liza oil field offshore Guyana, South America…
Italian oil and gas company Eni has launched the hull of its Coral Sul FLNG unit at Samsung's Geoje yard in South Korea.Once completed the FLNG unit will be deployed over Eni's Coral reservoir in Area 4 offshore Mozambique and will be used to…
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