Norberto Odebrecht, who founded one of Latin America’s largest engineering companies, Odebrecht, died Saturday of heart failure in Salvador, Bahia, Brazil. The founder and honorary chairman of the Odebrecht Group, built a successful business with a 70-year history…
Harvest Natural Resources Inc. announced today that a Declaration of Commerciality (DOC) has been signed with the Gabonese Republic (Gabon) pertaining to the Dussafu Marin permit offshore Gabon. This follows Gabon's award, on 17 July…
Sonasing's FPSO, the N'Goma, is ready to sail away from the Angolan Paenal Yard, Port Amboim, after a naming ceremony, held Saturday (19 July). The N'Goma will be moved to ENI's West Hub project in Angola offshore Block 15/06, where it…
Rendering of Shell's Prelude FLNG. Photo from Shell. Vinson & Elkins’ David Lang and Paul Greening discuss determining whether and FLNG facility can receive limitations of liability for maritime claims…
Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…
Saipem has been awarded contracts for the extension of leasing and upgrading works of the Cidade de Vitoria FPSO vessel off Brazil and a lease extension and operation contract for the Gimboa FPSO off Angola. The contracts are worth approximately US$600 million…
Macgregor, a Cargotec company, has secured contracts from Bumi Armada Berhad, a Malaysia-based international offshore oilfied services provider, to supply equipment for two projects that will be booked into the company’s Q2 2014 order intake…
AP Moller-Maersk subsidiary Maersk Olie og Gas (Maersk Oil) will take a US$1.7 billion impairment on its Brazilian assets, it announced 9 July. The Danish company specifically cited disappointing appraisals as one of the reasons it has “revised…
About two-and-a-half years after construction began, Japan’s Inpex Corp. launched the hull of its Ichthys FPSO from the dry dock of the Daewoo Shipbuilding and Marine Engineering yard in Okpo, South Korea, the Japanese operator announced today…
Brazilian independent OGPar (Óleo e Gás Participações SA), formerly known as OGX, started production on the third well in the Tubarão Martelo field, 58mi off Rio de Janiero, the company announced on 3 July 2014. The well, TBMT-2HP, is located in the field…
Wood Group Kenny (WGK) has been awarded an engineering services contract to support Tullow Ghana and its partners through the execution phase of the Tweneboa, Enyenra and Ntomme (TEN) project, offshore Ghana. WGK will provide subsea, umbilical…
Keppel Offshore & Marine subsidiaries Keppel Shipyard and Keppel Singmarine Pte have secured contracts worth a total of S$368 million for North Sea and Caspian Sea projects. Keppel Shipyard has won the contract for the conversion…
The N'Goma FPSO has berthed at Porto Amboim Estaleiros Navais yard (Paenal yard) at Port Amboim in Angola, following a 7331mi voyage (13,577km) from Singapore. Once the FPSO, a conversion project, is complete, it will be relocated to…
Tullow Oil shares this video on their exploration projects offshore Ghana, including the Tweneboa, Enyenra and Ntomme (TEN) project, which the company says is on track for first oil by mid-2016. Read more on Tullow's TEN development…
Premier Oil has sold interest in six Central North Sea offshore licenses to Hungary’s MOL Group for US$130 million, the duo announced on 30 June 2014. The sale includes non-operated equity stakes in the Nexen-operated Scott (21.84%), Rochelle (15%) and Telford (1…