Karoon Gas Australia is moving into front-end engineering and design on its Echidna light oil discovery in the Santos Basin offshore Brazil. The Echidna development concept consists of a leased floating production, storage, and offloading facility…
Energy services company Proserv has been awarded a series of contracts worth around US$4 million for its well severance, platform and floating platform, storage and offloading (FPSO) vessel decommissioning services in the Asia Pacific region…
The INPEX-operated Ichthys LNG Project’s floating production, storage and offloading (FPSO) facility Ichthys Venturer has set sail for Australia. The 336m-long long ship-shaped, offshore facility has started a 5600km voyage that will take about one month to complete…
BW Offshore and Panoro Energy have agreed on a final investment decision (FID) for the Dussafu project offshore Gabon, with first oil set for next year. Map of Dussafu, from Panoro. Panoro…
Aker BP is preparing to submit plans for development and operation (PDO) for three of its projects by the end of 2017, and for the North of Alvheim and Askja-Krafla (NOAKA) project in 2018. Valhall Flank West…
ConocoPhillips has submitted its development proposal for the gas and condensate Barossa field in the Timor Sea, to Australian authorities for comment. The Barossa Area Development is expected to be a floating production, storage and…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
Yinson Holdings has signed a heads of agreement with a consortium of Japanese companies to divest 26% stake of Yinson’s wholly-owned subsidiary, Yinson Production (West Africa). The deal, worth between US$104-$117 million, is with the JV comprised of Sumitomo Corp…
Italian contractor Saipem has been awarded a contract by Saudi Aramco for engineering, procurement, construction, installation activities and trunklines and installation works in Saudi Arabia, under a long-term agreement running from 2015 until 2021…
Keppel Offshore & Marine Ltd subsidiary, Keppel Shipyard has won four contracts worth a total of $61.5 million (S$85 million) for the conversion, repair and modification of vessels. The first contract is from Dixstone Holdings Ltd, for…
First oil from the US$2.5 billion Kraken floating heavy oil development in the UK North Sea has been announced. The Kraken development, about 125km east of the Shetland Islands, off Scotland, is due to comprise a total 25 wells (14…
ExxonMobil has awarded SBM Offshore a contract to construct, install, lease and operate a floating production, storage and offloading vessel (FPSO) for its giant Liza project offshore Guyana. The FPSO is designed to produce up to 120…
Bumi Armada has suspended the bare-boat charter (BBC) and operations and maintenance (O&M) contracts on the FPSO Armada Perdana to Erin Energy Corp. due to delayed and irregular payments. The deals are between Bumi Armada’s wholly owned subsidiaries Armada Oyo Ltd…
Legeneering Australia was awarded a key, long-term offshore maintenance services contract for Woodside-operated floating production storage and offloading facilities (FPSO). The contract is for an initial period of five years with a further two extension options of one year each…
Mabruk Oil Operations has awarded Ocean Installer a subsea umbilical, risers and flowlines (SURF) project at the Al Jurf oil field in the Mediterranean. Mabruk Oil Operations is a joint venture (JV) between Total E&P and the National Oil Cooperation (NOC) of Libya…
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