The conversion of a VLCC into an FPSO bound for Woodside's Sangomar project in Senegal has recently kicked off in China, the Australian oil firm said in a recent report.The 323 meters-long very large crude carrier (VLCC) Astipal in February arrived in China…
Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. A day after the announcement the Japanese firm named a new CEO but…
Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports.McCaul bases his assessment on data in a new floating…
Russian oil company Lukoil has decided not to launch a binding takeover offer for Australian oil firm FAR, which owns a share in the Sangomar field offshore Senegal.FAR had in February received a conditional non-binding indicative proposal from Lukoil to acquire the shares of FAR at 2…
Australian oil and gas company Santos on Tuesday announced a final investment decision (FID) has been taken to proceed with the US$3.6 billion gas and condensate project, located offshore the Northern Territory, Australia.The Barossa development will comprise a BW Offshore supplied FPSO…
China’s offshore oil and gas major CNOOC Ltd is expected to start production at Lingshui 17-2, a large deepwater natural gas deposit in South China Sea, in the first half of 2021, the company executive said on Thursday.Lingshui 17-2 is CNOOC’s first fully-owned deepwater gas project…
Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners…
Bureau Veritas (BV), a testing, inspection, and certification body, has completed the classification of the Torman LNG floating regasification unit (FRU) at Tema port, Ghana in sheltered waters.The unit is combined with a floating storage unit (FSU) for the delivery of gas to onshore consumers…
Siemens Energy said Friday it had won a contract with Malaysian MISC to deliver eight complete topside modules for an FPSO MISC is building for deployment in South America.According to Siemens Energy, its topside modules 'will provide sustainable…
Norwegian oil firm Equinor, has, with its partners Repsol Sinopec and Petrobras, approved the development concept for BM-C-33, a gas/condensate field located in the Campos Basin pre-salt, offshore Brazil.The discovery at the BM-C-33 license…
UK-based subsea technology and services specialist Ashtead Technology said Thursday it had entered into a cooperation agreement with Angola-based inspection and asset integrity company, OAP, and revealed that the partnership had already completed a mooring inspection gig for Total in Angola…
Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi.The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin…
Guyana's President Irfaan Ali said on Wednesday that the first phase of the Liza offshore crude project had achieved its intended full production capacity of around 130,000 barrels per day (bpd).Ali told the Guyana Basins Summit that he expected…
Sparrows Group, a UK-based engineering and maintenance services specialist for the energy and industrial sectors, has said it has secured one contract renewal and two extensions, 'worth a seven-figure sum,' in Angola to support major operators in the deepwater region…
SBM Offshore, the Dutch-based FPSO company, said Tuesday that the topsides lifting campaign for the Liza Unity FPSO was recently completed. The FPSO is being built for deployment at ExxonMobil's Stabroek offshore block in Guyana.'Thanks to the efforts of the integrated team…
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