With ExxonMobil sanctioning its third offshore development in Guyana following the government approval, SBM Offshore has confirmed it has won a contract to deliver an FPSO for the project.Under the contract, SBM Offshore will construct, install…
U.S. oil major ExxonMobil has reached a final investment decision on a $9 billion offshore oil development project in Guyana, following the approval by the government.To remind, Reuters last Friday reported that Guyana was close to reaching…
Dubai's Drydocks World has begun work on a part of a turret mooring system for Jotun FPSO, for Bluewater Energy, with the end client being Var Energi in Norway.Namely, Drydocks said Wednesday it had held a steel-cutting ceremony to mark the start of production of the turntable project for the FPSO…
Swedish company Alfa Laval has said it has won orders to deliver Framo pumping systems for three FPSOs to be built in China.The orders comprise marine pumping systems for crude oil offloading, produced water, slop and ballast duties.The company…
Brazilian oil company Petrobras has informed that the accumulated oil production from the Tupi offshore field in Brazil recently hit the 2 billion barrels of oil equivalent (boe) mark.The field, dubbed the largest deepwater oil producer in the world…
Guyana is close to reaching a deal with Exxon Mobil Corp to approve the company's Payara project, after the company committed to stricter environmental restrictions on gas flaring and wastewater, a top government official said on Friday.Exxon…
Oil and gas company Jadestone Energy and OMV have agreed to extend the long-stop date for the completion of Jadestone's acquisition of OMV's stake in the Maari project, in the shallow waters offshore New Zealand.Singapore-based Jadestone in…
Brazilian oil company Petrobras has changed the name of Lula - one of its largest offshore oil fields - back to Tupi.Petrobras had renamed the field from Tupi to Lula in 2010, however, a court recently ordered it to change the name as, while the word Lula means 'squid' in Portuguese…
Mediterranean-focused oil and gas company Energean has signed agreements to sell more gas from its Karish gas development off Israel.Energean said Wednesday it had signed two gas sales deals which, combined, represent quantities of gas of up to 1…
Brazilian oil company Petrobras has started negotiations with the Dutch FPSO supplier SBM Offshore over a potential charter of an FPSO to be installed at the giant Buzios field in the Santos Basin, offshore Brazil.The FPSO, to be named Almirante Tamandaré…
Pharos Energy said Friday it had received approval from the Prime Minister of Vietnam for the development plan of an offshore oil field in Vietnam.Pharos, until recently known as Soco International, said that the approval of what is called the…
Oil and gas company Energean, working to develop its Karish field offshore Israel, expects that the FPSO being built for the eastern Mediterranean Sea project will set sail from Singapore in the summer of 2021. The London-listed company shared…
Hess Corp's chief executive on Wednesday said he is optimistic the recently elected government of Guyana will issue by the end of September a production license for the third phase of a major offshore oil project.The South American nation has…
UK-based tech company SRO Solutions has recently completed what it says is a 'major digitization project' for the Japanese FPSO provider MODEC in Ghana where the company has two FPSOs deployed.'The project, part of a series of high value digitization…
Teekay's Banff FPSO, which recently ceased production in the UK North Sea, has arrived at Kishorn Port for temporary mooring, ahead of recycling.The Banff FPSO had been producing oil for CNRI at the Banff and Kyle fields, some 200 kilometers…
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