Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam SonThe 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…
Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural gas (LNG) floating storage and regasification unit (FSRU), the Moroccan ports agency said on Tuesday.The deadline for bids has been set at Jan…
Brazilian state-run oil company Petrobras has declared four offshore concessions in the states of Alagoas and Sergipe commercially viable in presentations to the nation's oil regulator, it said in securities filing on Thursday.The company has…
Brazilian oil firm PetroRio has said it has filed with Brazil's National Petroleum Agency (“ANP”) the Declaration of Commerciality of the Wahoo discovery, as well as the Development Plan in exclusive operations.The Wahoo discovery is located at the C-M-101 Block…
Malaysian FPSO contractor Yinson has signed a Letter of Intent with the Brazilian oil company Enauta Energia for the provision, operation, and maintenance of an FPSO at Enauta's Atlanta field in the Santos Basin, offshore Brazil.Enauta has been…
Dutch floating oil and gas production firm SBM Offshore has secured a $620 million bridge loan facility for the financing of the construction of FPSO Alexandre de Gusmão, to be deployed in Brazil for Petrobras.The FPSO Alexandre de Gusmão will…
Malaysian oil firm Petronas said Friday it had with its consortium partners won the rights to the Sépia field, located in the Santos Basin, during Brazil’s Second Transfer of Rights Surplus Volume Bidding Round held in Rio de Janeiro.Sépia is a pre-salt oil field in the Santos Basin…
Brazilian oil company Enauta has approved the drilling of an additional well in the Early Production System (EPS) of the Atlanta field, in the Santos Basin, offshore Brazil.The Atlanta field normally produces oil via three wells linked to the FPSO Petrojarl I…
BP's floating, production, storage, and offloading vessel (FPSO) for the Greater Tortue Ahmeyim gas project offshore West Africa is expected in Senegal waters for commissioning and testing by the end of 2022, a company executive said on Friday…
Austrian oil and gas company OMV has completed the sale of its stake in the Wisting oil field in the Barents Sea, offshore Norway, to Lundin Energy.The two companies had signed the sale and purchase agreement in October 2021, and after obtaining the necessary approvals from Norwegian authorities…
Kongsberg Maritime said Thursday it had successfully upgraded the safety and automation systems on Aker BP's Alvheim FPSO in Norway.Formerly a tanker named Odin, the vessel was converted into an FPSO in 2008 and renamed Alvheim in recognition of the oil field in which it operates…
Viaro Energy's subsidiary Rockrose UKCS 10 Ltd has struck a deal to sell its 28% non-operated stake in the Foinaven offshore oil field, west of Shetland, to BP.The Foinaven oil field sits 190 kilometers west of Shetland in water depths of between 350 and 520 meters and is operated by BP…
American Bureau of Shipping has further developed its approach to aging offshore assets with the publication of the Guide for Life Extension of Floating Production Installations.ABS said that the guidance supported operators looking to extend…
Exxon Mobil Corp outlined a major new investment in Guyana amid government calls for delivering economic benefits to residents from deepwater oil and gas discoveries helping turn the South American nation into an oil powerhouse.A coming onshore…
Oil and gas company Energean, working to develop the Karish gas field offshore Israel, has signed an EPC contract with process engineering business Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO, which is currently under construction in Singapore…
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