Offshore Floating Production News - page 3

 

Cenovus Shuffles Terra Nova, White Rose Offshore Field Interests

Sep 09, 2021

Cenovus Energy Inc has entered into agreements with its partners in the Atlantic region to restructure the company's working interests in the Terra Nova and White Rose projects, the oil and gas producer said on Wednesday.The deals will raise…

FPSO Firm BW Offshore Bids to Build Offshore Wind Farms in UK

Sep 08, 2021

BW Offshore, an Oslo-listed firm best know for its FPSO leasing business in the oil and gas sector, said Wednesday it had, together with U.S. renewable energy and utility company Invenergy, submitted bids to develop up to 5.4 gigawatts of offshore…

Delta Offshore Energy's Vietnam Project Gets Environmental Approval

Sep 08, 2021

Delta Offshore Energy said Tuesday it had secured the environmental approval for the LNG to Power Project, the 3.2 GW power plant, and LNG Terminal in Bac Lieu, Vietnam.'Environmental Impact Assessment (EIA) is an extremely important key regulatory…

Saudi Aramco Unit Wins Guyana Oil Tender

Sep 08, 2021

Guyana awarded a unit of Saudi Aramco a tender to purchase a portion of the country's oil production, and the two parties will likely enter into a one-year marketing deal, an official said on Tuesday.The South American country last month received…

Enauta's Atlanta Field Suffers Another Pumping System Setback

Sep 06, 2021

Brazilian oil firm Enauta is again experiencing problems with the pump system at its Atlanta field offshore Brazil, with output from one well now interrupted.Enauta said that the output interruption occurred on Sunday, September 5. 'At this moment…

Petrobras Exits Lapa Offshore Oil Field

Sep 02, 2021

Brazilian oil company Petrobras has sold its remaining stake in the Lapa offshore oil field in Brazil's Santos Basin to the French oil firm TotalEnergies.The Brazilian national oil company said Wednesday said that the deal was concluded with the payment of $49…

COTCO Hires Maersk Supply Service for FSO Mooring System Maintenance

Sep 02, 2021

Cameroon Oil Transportation Company (COTCO) has awarded Maersk Supply Service a mooring system maintenance project contract for a Floating Storage and Offloading unit offshore Cameroon.The contract is for the second phase of the mooring maintenance…

BW Offshore Secures $1.15 B Loan for Barossa FPSO Construction

Sep 01, 2021

FPSO supplier BW Offshore has secured a $1.15 billion loan for the construction and operation of the FPSO for Australia-based Santos' Barossa offshore gas field.Earlier this year Santos and BW Offshore signed a contract for the delivery of an FPSO for the Barossa gas field…

VAALCO's Partners Approve FSO/FPSO Swap Offshore Gabon

Sep 01, 2021

Africa-focused oil and gas company VAALCO Energy said Wednesday that its partners in the Etame field offshore Gabon had approved the plan to charter an FSO to replace the FPSO currently deployed at the Etame field.VAALCO, which first announced the FSO charter plans on August 26…

Excelerate, Petrobras Reach Deal on Bahia Terminal FSRU

Aug 30, 2021

Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal.Excelerate will deploy one of its…

Spirit Energy to Decommission Another North Sea Oil Field

Aug 30, 2021

UK-based oil firm Spirit Energy is set to decommission another oil field in the UK North Sea.Just days after receiving approval for the decommissioning plan for its Ensign field, Spirit Energy said Monday it would file a decommissioning program for its Chestnut field in the Central North Sea…

Near-term Outlook for Deepwater Floating Production Systems is Excellent

Aug 27, 2021

Near-term prospects for the deepwater sector are excellent. That’s the conclusion of an in-depth market analysis of the floating production market just completed by IMA/WER in the August 2021 Floating Production Systems Report.Asked what is driving the positive sentiment…

Woodside, Oil Majors, Work to Overturn $723M Timor Sea Field Decommissioning Levy

Aug 27, 2021

Woodside Petroleum said on Friday it is working with other companies on a plan to replace a proposed Australian government levy that would make offshore producers pay for the clean up of an abandoned oilfield in the Timor Sea.The government…

Brazil's Enauta in Exclusive Talks with Yinson for "New" Atlanta Field FPSO

Aug 26, 2021

Brazilian oil company Enauta said Thursday it has signed a Memorandum of Understanding (MoU) with Malaysia's FPSO specialist Yinson for direct and exclusive negotiation of FPSO supply contracts for the 'Definitive System' of the Atlanta field in the Santos Basin…

Gabon: VAALCO to Replace Etame Field FPSO with FSO to Lower Cost

Aug 26, 2021

Africa-focused oil firm VAALCO Energy has signed a binding letter of intent with World Carrier Offshore Services Corp. for the provision and operation of a Floating Storage and Offloading (“FSO”) unit at VAALCO’s Etame Marin field offshore Gabon…

Current News

Exxon to Close Two Houston-area Office Towers

Exxon to Close Two Houston-area Office Towers

US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project

Shell Expects Ida-hit Offshore Platform to Restart in November

Shell Expects Ida-hit Offshore Platform to Restart in November

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