Norway's Statoil, with partners Eni (30%) and Petoro (20%), has submiited a plan for US$5.9 billion (NOK49 billion) development and operation for the Johan Castberg field in the Norwegian Barents Sea. The development cost is more than half of the original estimated cost for the project…
Total and Sonangol have reached an agreement for the second phase of development of the offshore Zinia field, paving the way for a final investment decision for the project. Pazflor FPSO. Photo from Sofec…
Petrobras has declared commerciality at the Libra Northwest field, formally renaming it Mero, following a vote amongst its workforce, the Brazilian operator announced on 30 November. Pioneiro de Libra FPSO…
EnQuest says its Kraken field is on track to reach 50,000 bo/d gross in the first half of 2018 after achieving month on month production growth since coming on stream June this year. Armada Kraken FPSO Early this month…
Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November). Libra is in the ultra-deep waters of the Santos Basin, 180km offshore Rio de Janeiro, Brazil. The…
Dana Petroleum's long delayed Western Isles development has produced first oil, it's been reported. The UK North Sea development has been brough on stream using a new-build Sevan-design cylindical floating production unit (FPSO) built at COSCO's yard in China…
The tanker destined for ExxonMobil's Liza Phase 1 project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced today (14 November). SBM has said that the tanker's arrival marks the start of the FPSO conversion phase…
Statoil has picked Sembcorp Marine Rigs & Floaters for the hull and living quarters for its Johan Castberg floating production development in the Norwegian Barents Sea. Statoil has signed a letter of intent with Sembcorp Marine Rigs & Floaters…
The floating production systems (FPS) has seen a return to activity in 2017, says analysts Westwood Global Energy Group. The firm says that in 2016 no FPS units were ordered. With two months of the year remaining, 11 units have been ordered this year…
Woodside Energy and its partners made the decision to invest US$1.9 billion in the Greater Enfield development in June this year. Located 60km off Exmouth in Western Australia, the Greater Enfield Project involves the tie-back of three…
Tullow Oil plans to resume development drilling at the TEN (Tweneboa, Enyenra, Ntomme) field offshore Ghana in early 2018 after a drilling moratorium related to a boundary dispute was lifted, partner Kosmos Energy reported today (6 November)…
Norway’s Petroleum Safety Authority (PSA) has ordered Eni Norge to address issues related to electrical safety on the Goliat floating production storage and offloading vessel after an audit uncovered regulatory breaches. Last month, PSA…
Japan's Inpex has been awarded an exploration permit for Release Area WA-532-P, close to its Ichthys LNG development, in Australia’s 2016 Offshore Petroleum Exploration Acreage Release. Inpex Browse will hold a 100% participating interest in the block…
Samsung Heavy Industries (SHI) has delivered French oil major Total's deepwater Egina floating production, storage and offloading (FPSO) vessel. The vessel was completed at SHI's Geoje-shipyard under a US$3 billion turnkey project, and set sail for Nigeria on 31 October 2017…
Avitas Systems, a GE Venture, announced today (26 October) that it has formed a strategic partnership with Kraken Robotics to integrate autonomous underwater vehicles (AUVs), acoustic and laser sensor technology, and artificial intelligence…
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