BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit…
TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.As part of the first order, Hanwha Ocean picked…
Vår Energi and Kistos Energy Norway have started production through Jotun floating production, storage and offloading (FPSO) unit at the Balder field in the North Sea.The production from Jotun FPSO marks the extension the life of the first production license…
MODEC has been awarded a contract by ExxonMobil Guyana to develop an FPSO for the Hammerhead project.The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (BOPD), along with associated gas and water. It will be moored at a water depth of approximately 1…
Vår Energi and license partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area, off Norway.The fast-track development will be a key contributor to sustaining long term…
SBM Offshore has signed an operations and maintenance contract with TotalEnergies EP Suriname, an affiliate of TotalEnergies, for the GranMorgu floating production, storage and offloading (FPSO) unit, as part of the field development project located in Block 58 in Suriname…
A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in Guyana, the South American country's maritime regulator said in a notice on Tuesday.The floating production storage and offloading (FPSO) facility 'One Guyana…
A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said, in a setback for local shipyards.The operation…
Brazilian oil company Petrobras is set to hold a tender for a new production vessel for the country's pre-salt Buzios field in 'the next few months,' the state-run firm told Reuters on Tuesday.Reuters reported earlier in the day, citing sources familiar with the matter…
Amplus Energy Services has selected Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope to prepare its newly-acquired Petrojarl I floating production, storage and offloading (FPSO) unit for redeployment…
U.S. Secretary of State warned Venezuela on Thursday that it would be 'a very bad day' for the South American country if it were to attack its neighbor Guyana or U.S.-based energy giant ExxonMobil, in comments that threatened unspecified action in such a case…
BW Offshore has closed the sale of the floating production, storage, and offloading (FPSO) BW Pioneer to a subsidiary of Murphy Oil Corporation for $125 million.Following the close of the transaction, BW Offshore has received the initial payment of $100 million…
Karoon Energy's wholly owned Brazilian subsidiary, Karoon Petróleo & Gás, has completed the acquisition of the Cidade de Itajaí floating production, storage and offloading vessel (FPSO), operating at Baúna field, offshore Brazil.The FPSO was acquired from Altera & Ocyan (A&O)…
Golar LNG has entered into finance lease agreements with a consortium of Chinese leasing companies for the refinancing of the existing debt facility for its floating liquefied natural gas (FLNG) unit Gimi.The sale leaseback facility will be approximately $1…
American Bureau of Shipping (ABS) has issued an approval in principle to SBM Offshore for its concept of a near zero floating production storage and offloading (FPSO) unit.The NearZero FPSO design incorporates low carbon technologies that collectively…
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