Offshore FPSO News - page 3

 

Energean Ups Israeli Offshore Field Size Estimate

Apr 09, 2020

Eastern Mediterranean-focused gas group Energean said on Thursday a report showed its Karish North field contained around a third more gas and oil than it had previously thought.The Karish North field, according to an expert report typically used in the industry…

Contract Extension for Petrojarl Knarr FPSO

Apr 09, 2020

Oil company Shell has extended the charter for Altera Infrastructure's FPSO Petrojarl Knarr FPSO, operating at the Knarr field offshore Norway.The FPSO owner, which recently rebranded from Teekay Offshore to Altera, said the extension with Shell…

Exxon Could Delay Third Guyana Project

Apr 07, 2020

Exxon Mobil Corp said on Tuesday that production at the Payara project, its third development in Guyana, could be delayed due to delays in government approvals as the company scales back spending elsewhere due to the crude price crash.Payara's…

North Sea FPSO Shut Down Due to Coronavirus Case Aboard

Apr 07, 2020

Production from the Hummingbird Spirit FPSO operating at the Chestnut field in the UK sector of the North Sea has been shut down after a coronavirus case has been confirmed aboard.It was initially understood that there has been one confirmed case…

Energean Power FPSO Hull Leaves China

Apr 03, 2020

Mediterranean Sea-focused oil and gas company Energean Oil and Gas has informed that its Energean Power FPSO Hull sailed away from the COSCO yard in China on Friday, April 3, 2020.The hull will now be towed to the Sembcorp Marine Admiralty Yard in Singapore…

Aker Energy Delays Ghana Offshore Project 'Indefinitely'

Apr 01, 2020

Ghana's President Nana Akufo-Addo in February said he expected Norwegian oil firm Aker Energy to make a final investment decision on the Pecan offshore development 'within a month or two.' The wait is now set to be prolonged 'indefinitely.'Namely…

CNRI Files Removal Plan for Two North Sea Floaters

Mar 31, 2020

CNR International (CNRI) has filed plans for the removal of the Petrojarl Banff FPSO and the Apollo Spirit FSO, from its Banff and Kyle fields in the North Sea. Apart from the two floaters, CNRI will also remove the associated risers and mooring systems…

Brazil: FPSO Charter Ends 5 Years after Deadly Explosion

Mar 30, 2020

FPSO leasing company BW Offshore has informed that a charter for FPSO Cidade de Sao Mateus has expired. The FPSO was involved in an explosion in February 2015, an incident in which nine workers were killed, and 26 others injured. There were…

Yinson, Petrobras Sign Firm Contracts for Marlim 2 FPSO

Mar 30, 2020

Malaysian FPSO provider Yinson has signed firm contracts with Petrobras for the delivery and for operation and maintenance of the Marlim 2 FPSO.The two companies had in October 2019 signed letters of intent for the long-term charter and operation…

FAR Struggling to Secure Cash for Sangomar Development

Mar 30, 2020

Australian oil company FAR, a partner in the recently sanctioned Woodside-operated Sangomar offshore oil field in Senegal, has said that its ability to secure a loan for its part of Sangomar capex has been compromised by the coronavirus pandemic and oil price crash…

Teekay in Ten-Year FPSO Contract with BP

Mar 27, 2020

Teekay Corporation has secured a ten-year contract for its 1996-built Petrojarl Foinaven FPSO with Britoil Limited, a BP subsidiary, at the Foinaven field west of the Shetland Islands in the UK.Under the terms of the contract, Teekay is expected…

Aoka Mizu FPSO Worker Tests Positive for COVID-19

Mar 27, 2020

Oil and gas firm Hurricane Energy has confirmed that a crew member on the Aoka Mizu FPSO off the UK has tested positive for COVID-19.Hurricane said Friday that the worker 'has been evacuated to the mainland for medical reasons and subsequently tested positive for COVID-19…

Woodside Halves Spending Plans. Delays Scarborough, Browse FIDs

Mar 27, 2020

Woodside Petroleum halved its forecast spending for 2020 and deferred go-ahead decisions for its two biggest gas projects to ride out the pain of the coronavirus pandemic and plunging oil prices.Australia's top independent gas producer said…

Woodside, Partners in Talks over $4.2B Sangomar Project Timing

Mar 25, 2020

Woodside Petroleum and its partners are in talks on the timing of their $4.2 billion Sangomar oil project off Senegal, with coronavirus restrictions and collapsing oil prices hampering work on the project.Woodside, Cairn Energy Plc, FAR Ltd…

Only a Handful of FPS to Be Ordered in 2020, Down from 18 Expected

Mar 24, 2020

Energy intelligence company Wood Mackenzie has downgraded its expectations when it comes to new orders for floating production systems in 2020, citing the oil price crash.Mhairidh Evans, principal analyst in Wood Mackenzie’s upstream supply…

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