The article originally titled 'Yme Start-up Date Uncertain as COVID-19 Delays Maersk Inspirer Works' has been updated to include a statement by the Repsol spokesperson who has confirmed the start-up is now expected in 2021.Spanish oil firm Repsol…
Spanish oil company Repsol has been given a green light to use the Maersk Inspirer jack-up rig at the Yme field, in the North Sea, offshore Norway.The consent, granted by the Petroleum Safety Authority Norway, to connection, completion, and…
Dutch company SBM Offshore has announced the sailaway of the last two modules for the Turret Mooring System built for Equinor's Johan Castberg FPSO which will, once completed, be deployed in the Barents Sea, offshore Norway.The modules will…
Angolan state oil company Sonangol said on Friday it has opened a public tender to sell its stakes in some private firms as part of a government bid to privatize key state assets including parts of Sonangol itself by 2022.Describing Sonangol as an 'octopus…
Brazilian state-run oil firm Petrobras plans to restart operations in the coming days at two ships used in offshore oil production that suffered coronavirus outbreaks, an executive told journalists during a call on Friday.Petrobras Exploration…
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…
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…
Large Diameter Drilling (LDD) and Barge Master have completed what the companies claim to be 'a world first' - drilling from a diving support and construction vessel (DSCV) in water deeper than 270 meters.The two companies deployed LDD’s reverse…
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…
SBM Offshore announced it has signed contracts with Chinese shipyards for the construction of the company’s fourth and fifth hulls under its purchase program for Fast4Ward newbuild multipurpose floating production, storage and offloading unit (FPSO) hulls…
The Netherlands-based SBM Offshore said the Liza Unity floating production, storage and offloading unit (FPSO) hull has arrived in Singapore for topsides integration work ahead of planned startup for client ExxonMobil offshore Guyana in 2022…
2020 will be a peak year for floating production, storage and offloading unit (FPSO) demand with up to 14 awards forecast in Wood Mackenzie’s base case scenario, half of which will be located offshore Latin America. Only two of these facilities are expected to be Petrobras units…
Activity in the deepwater sector took a huge hit in the second half of last decade as a result of a global oil demand/supply imbalance, downturn in oil prices, hiatus in Petrobras production floater orders and large industry cutbacks in upstream spending…
Dutch oil and gas services firm SBM Offshore on Thursday raised its full-year core profit and revenue outlook on better-than-expected performance in its turnkey division.For 2019, SBM Offshore now expects earnings before interest, tax, depreciation…
Marine autonomous systems and combinations of such systems are being increasingly put to the test in the offshore space. Elaine Maslin looks at how hybrid remote and autonomous systems are now being tested.Concepts like resident subsea vehicles…