A fire broke out on Wednesday aboard oil major Equinor's Johan Castberg floating production, storage and offloading (FPSO) vessel, which is under construction at a shipyard in Norway, public broadcaster NRK reported.Workers were evacuated and there were no reports of injuries…
Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…
ExxonMobil has hired Acorn International, an environmental and risk management consultancy with offices in Boston and Houston, to perform an Environmental Impact Assessment (EIA) and lead the public consultation program for the Uaru Project…
Oil and gas company BW Energy has signed an up to $300 million international Reserve Based Lending (RBL) facility, to finance further development work in a block offshore Gabon.The facility has an initial commitment of $200 million which can be expanded up to an additional $100 million…
FPSO leasing specialist MODEC and Toyo Engineering Corporation have executed a deal to form a joint venture company for the Engineering, Procurement, Construction and Installation (EPCI) business of FPSO vessels. The establishment of the joint venture company…
Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September because of industrial action at the site off northwest Australia.'As a result…
Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion. The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024…
Norwegian energy company Equinor has taken a step forward with its Rosebank project in the UK North Sea by submitting key environmental documents. An Environmental Impact Assessment was submitted to the UK's Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) on Thursday…
KOTUG's subsidiary KOTUG Guyana has been awarded a second contract by ExxonMobil affiliate Esso Exploration and Production Guyana to support operations in Guyana. KOTUG’s latest addition, the 120 tonnes bollard pull strong SD Honour, will join…
Malaysia's Dagang NeXchange Berhad (DNeX), via its subsidiary Ping Petroleum, has renamed its recently acquired floating production storage and offloading (FPSO) vessel to Excalibur.Previously known as the Sevan Hummingbird, the renaming ceremony was recently held in Port of Nigg…
Cerulean Winds and Ping Petroleum UK have agreed to create one of the UK’s first offshore oil and gas facilities powered mainly by offshore wind. Under the agreement signed in a meeting hosted by Secretary of State, Kwasi Kwarteng, the production facility at Ping Petroleum’s Avalon site…
Oilfield services firm TechnipFMC announced it has been awarded a contract by ExxonMobil affiliate Esso Exploration and Production Guyana Limited for the Gas to Energy Project in Guyana.Subject to final project sanction, TechnipFMC will provide engineering…
Keppel Offshore & Marine Ltd (Keppel O&M)’s wholly-owned subsidiaries, Keppel AmFELS in the U.S. and Keppel Shipyard in Singapore, have been awarded contracts worth around S$75 million (US$54.5 million) for the refurbishment and completion of two floating production units (FPU)…
BW Offshore Limited announced that, effective July 22, 2022, Pemex has assumed the ownership and operation of the FPSO Yùum K’ak Náab in accordance with the terms of the 15 year FPSO financial lease contract that commenced in 2007.Following the transfer…
Oil production at Brazil's Petrobras fell in the second quarter as asset divestments, and increased work stoppages took their toll, while the company's refinery utilization rate hit a whopping 97%.In a securities filing, Petroleo Brasileiro…
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