Hurricane Energy and Spirit Energy, partners in the Greater Warwick Area offshore the Shetland Islands, have updated the terms of the farm-in the companies had entered in September 2018.The two companies originally agreed on a phased work program…
Oslo-listed BW Energy has started oil production from the Tortue Phase 2 field development project in the Dussafu Marin Permit offshore Gabon.The Gamba well DTM-5H was successfully brought online as of 4 March, ahead of schedule. The second well…
British North Sea-focused oil and gas producer Premier Oil has committed to carbon-neutral operations at its fields by 2030, reporting a record free cash flow of $327 million last year, up around 30% and boosted by its flagship Catcher field…
InterMoor has recently transported and installed a new electric submersible pump (ESP) system as part of the MaMPU-1 FPSO upgrade for a wellhead platform project in Malaysia.The work for MISC Offshore Floating Terminals Dua Ltd included project management…
Subsea inspection services firm Welaptega has said it has recently completed mooring inspection projects for FPSOs owned Eni and ExxonMobil in Nigeria.Welaptega undertook inspection services on ENI’s Abo FPSO, on the western edge of the Niger Delta…
Sandvik reports it has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.Mero is an expansive pre-salt oilfield in the Santos Basin offshore Rio de Janeiro with immense oil production potential…
Australian energy company Santos announced a Final Investment Decision (FID) had been made on the Van Gogh Infill Development Phase Two Project, which will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback into existing infrastructure…
Royal Dutch Shell's Bonga oilfield in Nigeria will undergo maintenance in March and April, though the impact on production and exact dates are still being finalized, a spokesman said.Shell operates the offshore field via its Nigerian subsidiary SNEPCo…
Dutch offshore service provider Ampelmann said it has added Guyana as a new market to its global portfolio following a contract award from compatriot floating production and mooring systems firm SBM Offshore.Ampelmann said it assisted the hook-up and commissioning of the SBM floating production…
As New Year 2020 unfolds, there are 21 floating production, storage and offloading units (FPSO) on order, and unlike a year ago, these — and not floating liquefied natural gas (FLNG) — are the unheralded story. Driven by a decent price for oil…
Malaysian FPSO leasing company Yinson has informed that its FPSO Abigail-Joseph has set sail from Singapore to Nigeria, where it will be deployed at First E&P offshore oil fields.The FPSO, previously named Allan, has recently been upgraded by Keppel in Singapore…
The coronavirus outbreak could cut oil industry investment this year by tens of billions of dollars and delay the delivery of offshore installations currently being built at Asian yards, Oslo-based consultancy Rystad Energy predicted on Friday…
Malaysian FPSO leasing company Bumi Armada will appeal a recent court decision in which it lost a case against Woodside concerning an FPSO contract termination from 2016.Woodside terminated the contract in 2016 for the FPSO, which was at the time operating at the Balnaves Field…
Amid a raft of February orders and near-orders for floating production storage and offloading vessels, or FPSOs, comes a new report suggesting those shipyards and engineers able to piece them together may soon be feeling the strain.'The strong pace of recent orders has a downside…
Australia's Santos Ltd has sold a 175,000-barrel cargo of Van Gogh crude loading March 29-April 2 to trading house Vitol at a premium of $15-$16 a barrel to dated Brent, well below the last traded level, three sources familiar with the deal said on Thursday…
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