Hurricane Energy has stabilised production from its Lancaster field following the commissioning of the electric submersible pumps on two producing wells.
Karoon has executed a binding agreement to amend the sale and purchase agreement to acquire a 100 per cent operating interest in the Baúna field located offshore Brazil.
BW Offshore has received a one-year contract extension for the lease of one of its floating, production storage and offloading (FPSO) vessels.
Keppel Offshore & Marine (Keppel O&M) has through its subsidiaries in Singapore and Brazil has secured two contracts worth a combined value of about S$73 million ($52.4Mn) from MODEC.
Brazilian oil and gas company Petrobras has reached a production record on its operated Búzios field located in the Santos Basin pre-salt offshore Brazil.
Brazilian oil company Petrobras will be launching a tender for the construction of Brazil’s biggest floating production storage and offloading (FPSO) vessel.
Japanese shipping company K Line has inked a deal with Malaysian energy major Yinson Holdings Berhad and Sumitomo Corporation to participate in the floating production, storage and offloading (FPSO) owning and chartering business for the Marlim II Project, offshore Rio de Janeiro, Brazil. Upon stabl
Hit by the second industry downturn in five years, global awards for FPSO vessels will likely be limited to a single unit in 2020, Rystad Energy believes.
As much as 40 per cent of maintenance work carried out by floating production storage and offloading (FPSO) vessel operators was described as “unnecessary” by a report from UK’s classification society Lloyd’s Register (LR).
Malaysian FPSO provider Yinson has revealed the amount of the settlement with PetroVietnam regarding the 2019 termination of a $1 billion FPSO charter contract.
Saipem has been awarded a contract by Petrobras for the installation of a rigid riser-based subsea system to serve the Búzios pre-salt project offshore Brazil.
ABB has signed an agreement with energy solutions provider Yinson for electrical, control and telecommunication equipment and services onboard the Anna Nery floating production, storage and offloading (FPSO) vessel bound for the Marlim 2 oil field in Campos Basin, offshore Brazil.
Malaysian FPSO provider Yinson has executed a final settlement with PetroVietnam regarding last year’s termination of the $1 billion FPSO charter contract.
A group of armed men attacked the FPSO Sendje Berge some 30 nautical miles southwest from Bonny Island, earlier today, kidnapping some of its crew members. The news first emerged on the website of the UK-based security intel firm Dryad Global, which cited a ‘high confidence’ report, according to whi
