Endeavor Management has opened participation in its latest joint industry project (JIP) – Best Practices for the FPSO Industry. Image of the Cidade de Marica, from SBM Offshore. In today’s price environment…
Det norske oljeselskap reported nearly a 21% decline in Q2 2016 revenues, when compared to last year, however, the Norwegian exploration and development company continues to move forward with several of its big name projects. Ivar Aasen jacket…
EnQuest and Delek Group have signed a non-binding memorandum of understanding (MoU) to farm out 20% interest in the Kraken heavy oil development in the UK North Sea. The area is located in Blocks 9/2b and 9/2c in License P1575, approximately 350km northeast of the city of Aberdeen…
SBM Offshore shows its fleet of floating production and storage offloading (FPSO) vessels and operations offshore Brazil, in particular its Brasa yard in Niteroi (near Rio de Janiero). OE profiled the yard in 2013. The company’s latest FPSO…
Petrobras has started production from the Cidade de Saquarema floating production and storage offloading (FPSO) unit on the giant Lula field, offshore Brazil. Cidade de Saquarema, from SBM Offshore…
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…
SapuraKencana Petroleum subsidiaries, Sapura Energy Ventures and Kencana Energy, along with their partner, Petrofac Energy Developments, have reached an agreement with Petronas to cease the Berantai risk service contract (RSC). The Berantai…
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…
EM&I has been awarded a contract from an international floating production and storage offloading (FPSO) operator for diverless UWILD inspections on an FPSO due to be deployed in Angola. The FPSO will be deployed at Block 15/06 East Hub field development…
CNR International has has exercised an option to extend the fixed term of the lease contract for floating production, storage and offloading (FPSO) vessel Espoir Ivoirien from 2017 to 2022. The vessel produces oil from the Espoir field since 2002…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
Keppel Offshore & Marine’s (Keppel O&M) wholly owned subsidiary Keppel Shipyard has secured four contracts worth a total of nearly US$90 million (S$120 million) in Europe and Western Australia. Image from Keppel…
Aibel in Singapore has been awarded a contract for modifications on Woodside Energy Nguijma-Yin floating production storage and offloading (FPSO) off Western Australia. The work will be so that the FPSO, which operates on the Vincent oil field…
Tullow Oil's TEN floating production project offshore Ghana is on schedule for first oil within the next three to six weeks, the firm announced this morning. Tullow says the project, which is also within budget, is over 96% complete…
Keppel Offshore & Marine (Keppel O&M) subsidiary Keppel FELS Brasil SA's BrasFELS shipyard has recently completed the integration and completion works on a floating production storage and offloading (FPSO) unit for Modec Offshore Production Systems (Singapore) Pte…
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