Mediterranean-focused oil and gas producer Energean aims to double its size in the coming years, including through expansion of production in Israel, CEO Mathios Rigas said on Thursday.The company reported a 41.2% slump in first-half profit…
Norway's BW Energy is now able to move forward with its acquisition of the FPSO Cidade de Vitória on the Golfinho field in Brazil, more than a year after it reached a deal with the FPSO's Italian owner Saipem.The two companies had signed a memorandum…
Eni has started production of oil and gas from the Baleine Field, located in the waters offshore Côte d’Ivoire.The milestone comes less than two years after the discovery in September 2021 and less than a year and a half after final investment decision…
Brazilian oil and gas company Enauta, the operator of the Atlanta field in Santos Basin. offshore Brazil, has started the anchoring campaign for the FPSO Atlanta, which is expected to start production in 2024.This marks the start of installation works on what is called Atlanta’s Phase I…
Jadestone Energy said it is making progress toward resuming production from the Montara Venture floating production storage and offloading (FPSO) unit offshore Australia.The Asia Pacific-focused independent oil and gas production company in…
Guyana has gained a larger share of Europe's oil market this year, vessel monitoring data showed, driven by rising output by a consortium led by ExxonMobil and strong demand for light sweet crude grades amid a reshuffling of global oil flows…
Japan's MODEC said its FPSO Anita Garibaldi MV33 has achieved first oil production for Petrobras at the Marlim field in the Campos Basin off the coast of Brazil.The FPSO is leased on a 25-year time charter contract to the state-owned Brazilian energy company—one of MODEC's longest charters to date…
WSG Energy Services (WSGES) in Singapore has secured multiple contract wins on Floating Production Storage and Offloading (FPSO) vessel projects with a combined value in excess of at $10m.WSG was commissioned by Yinson Production to assist on the upgrade and conversion of FPSO Atlanta…
Exxon Mobil Corp and partners plan to spend $12.93 billion to develop their sixth offshore oil project in Guyana, according to a filing published on Monday by the South American country.The floating production platform for the so-called Whiptail…
Dutch offshore and marine services firm Boskalis said its Offshore Energy division saw its revenue increase by 50%, with an EBITDA increase of almost 70% in the first half of 2023.All business units within the Offshore Energy branch saw increases in both revenue and earnings…
Velesto Energy's subsidiary Velesto Workover has received a Letter of Award from ExxonMobil in Malaysia, for the provision of Gait 6 HWU & Services for 2023/2024 Workover and Plug & Abandonment Program.'The value of this enabling Contract with…
Brazilian oil and gas company Petrobras has started production from the Anita Garibaldi FPSO in the Campos Basin, offshore Brazil.The FPSO will operate simultaneously in the post-salt and pre-salt of the Marlim and Voador fields.With a capacity to produce up to 80…
Singapore-based Kim Heng Marine & Oilfield has signed an MOU with offshore marine services contractor Dyna-Mac known for FPSO module construction, which Kim Heng will support on a preferred partner basis to carry out various projects occasionally…
Oslo-listed FPSO leasing firm BW Offshore has signed another short-term extension for one of its FPSOs in Nigeria, with the end goal of selling the unit.The company said Monday it had signed a short-term extension for Abo FPSO with Nigerian Agip Exploration Ltd…
Dutch oil and gas services company SBM Offshore reported on Thursday half-year earnings before interest, tax, depreciation, and amortization (EBITDA) that missed consensus estimates and fell below the level seen a year earlier.The group, which supplies and operates floating production…
Subscribe
