Exxon Mobil Corp is pressing Guyana's newly-installed government for approval of its third offshore oil project, which has been under a months-long review that coincided with political turmoil in the South American country.Exxon, which operates…
First topside module was lifted and installed earlier this week on the Energean Power FPSO hull at Sembcorp Marine's Admiralty Yard in Singapore.Oil and gas company Energean said that the electrical house (E-house), which contains all the FPSO control equipment and electrical switchgear…
Three FPSO specialists are competing for Santos' Dorado FPSO front end engineering design contract, set to be awarded later this year.This is according to Carnarvon, Santos' partner in the Dorado field discovered offshore W. Australia in 2018…
Exxon Mobil Corp is limiting output at its flagship offshore project in Guyana to 100,000 barrels-per-day (bpd) due to more issues with the reinjection of natural gas, the South American country's environmental regulator said on Friday.Exxon…
Brazilian oil company Petrobras, the operator of the Libra consortium, has made the investment decision for the third phase of the Mero project, located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin…
Brazilian oil company Petrobras has signed a letter of intent with Malaysia's MISC Berhad for the chartering and services of an FPSO to be deployed at the Mero 3 development offshore Brazil.The FPSO to be named Marechal Duque de Caxias will be installed in the Mero field…
Australian oil and gas company Woodside has blocked Cairn's stake sale in the $4.2B Sangomar development off Senegal to Russia's Lukoil, by exercising its pre-emption rights.To remind, Lukoil in July signed an agreement with Cairn Energy to acquire a 40% interest in the Rufisque…
Dutch floating production solutions provider SBM Offshore has ordered equipment from Malaysia's KNM to be installed on an FPSO destined for ExxonMobil's Guyana operations.Bursa Malaysia-listed KNM said SBM Offshore had on Thursday ordered PME pressure vessel separators worth around $4 million…
Dutch company Royal IHC will supply a tandem mooring & offloading system and a riser pull-in system for Petrobras-bound Anna Nery (Marlim 2) FPSO.The FPSO, owned by Malaysia's Yinson, is currently being built in China. Once completed it will be moored around 150 kilometers off the Brazilian coast…
Offshore workers kidnapped from an FPSO offshore Nigeria in an armed pirate attack in July, have been released, the owner of the floating production unit said Friday.In an incident that occurred on July 2, nine Nigerian crew members aboard the BW Offshore-owned Sendje Berge FPSO were kidnapped…
Brazilian oil company Petrobras has said its Buzios deepwater field off Brazil broke monthly oil production record for July.Petrobras said Wednesday that its floating production storage and offloading units installed at the deepwater oilfield had reached new monthly production records in July…
Dutch FPSO leasing company SBM Offshore has raised its EBIDTA guidance and maintained the revenue guidance for 2020, after 'successfully navigating' a challenging period caused by the pandemic. Still, it is preparing for shorter oil price cycles…
Italian engineering firm Remazel Engineering has won a contract with Bluewater for work on the Jotun FPSO upgrade.The Jotun FPSO which has been producing oil from the Jotun field in Norway's part of the North Sea since 1999, was recently moved by ashore for upgrades…
Offshore oil industry supplier Ocyan plans to participate in bids for much bigger platforms than it currently has in Brazilian waters, the world’s largest market for floating platforms, Chief Executive Roberto Bischoff told Reuters.He said Ocyan…
Malaysian offshore vessel operator Bumi Armada, has via its JV company with Shapoorji Pallonji, secured a ten-year charter for the Armada Sterling FPSO with the Indian oil giant ONGC.Bumi Armada said Friday that under the contract Armada Sterling…