Singaporean shipbuilder Sembcorp Marine is set to acquire 100% equity stake in Norway-headquartered LMG Marin for US$20 million. LMG is a naval architecture as well as ship design and engineering house with offices in Poland and France…
Ithaca Energy is eyeing November as its start-up date for first hydrocarbons at the Stella field, as the company reduced its net debt to US$606 million in 1H 2016. The FPF-1 departing Remontowa yard…
Canada's Suncor Energy is to acquire a 30% stake in the UK deepwater North Sea Rosebank project from Austria's OMV. The move will see OMV reduce its stake from 50% to 20% in what is a massive, challenging, deep water, very harsh environment…
Ithaca Energy's floating production unit, the FPF-1, has set sail for the Stella field in the North Sea after completing final marine systems trials. First oil from the Greater Stella Area development is expected in about three months later…
InterMoor's Brazilian subsidiary successfully completed its involvement in the decommissioning operations of the OSX-1 FPSO (floating production, storage and offloading). InterMoor was responsible for the disconnection of the submerged turret production system (STP)…
UK-based independent Ithaca Energy has expanded its holdings in the Greater Stella Area (GSA) through four agreements, which increases its stake in the Vorlich discovery and gives it an operated interest in the Austen discovery. Through agreements with ENGIE E&P…
FPSOs and the single point mooring systems that connect them to the reserves they produce are Bluewater’s business. Elaine Maslin speaks to senior project manager Jeroen de Werd about turret design and the Kaombo project. The Kaombo turret…
Independent explorer Tullow Oil has returned to a profit and is looking forward to first production on its TEN project offshore Ghana next month, on schedule, and focusing its exploration efforts on South America. TEN, a floating production…
Technip has won am engineering, procurement, installation and pre-commissioning contract from Australia's Woodside for the Greater Enfield Project. Greater Enfield is 60km off Exmouth in Western Australia in 340-850m water depth. The…
Golar LNG and Schlumberger have formed a new joint venture, OneLNG, to rapidly develop low cost gas reserves to LNG. The combination of Schlumberger reservoir knowledge, wellbore technologies and production management capabilities…
OneSubsea has ordered umbilical and accessories from French firm Nexans as part of work to develop the Greater Enfield development, off Exmouth, Western Australia. The project, worth around US$21.9 million (€20 million), will see Nexans' first product installed in Australia…
Ithaca Energy's floating production unit, the FPF-1, has set sail from the Remontowa shipyard in Gdansk after completing a required inclination test. The vessel has been moved to a deepwater location offshore Gdansk to undertake final marine system trials over the course of next week…
Malaysia's Petronas has appointed a wholly owned subsidiary Vestigo Petroleum to operate the Berantai field facilities. The facilities, about 150km offshore Malaysia, comprise of a wellhead platform connected to a floating production…
Premier Oil's Catcher floating production project in the UK North Sea is on schedule to deliver first oil in 2H next year. The UK-based independent says further cost savings have been secured against the project estimates. Premier now forecasts capex to first oil of US$1…
Ithaca Energy's FPF-1 floating production facility is set to leave its yard in about two weeks and start first oil from the Greater Stella area in about three months from then. UK-based independent Ithaca said modifications on the unit in the Remontowa Yard in Gdansk…
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