Norwegian oil & gas company Aker BP has filed its development plan for the Kobra East and Gekko project in the central part of the North Sea.
The High Court of Justice of England and Wales has not sanctioned Hurricane Energy’s financial restructuring plan that would have handed control of the company to its bondholders.
SBM Offshore has completed the project financing for an FPSO which is destined to operate on ExxonMobil’s Payara project in Guyana.
Repsol Sinopec Resources has awarded an extension of the bareboat charter to the Bluewater-owned FPSO Bleo Holm.
Aker BP and its partners in Skarv have started production from Gråsel in the Skarv area in the Norwegian Sea, ahead of the schedule.
Norwegian energy major Equinor has made progress with two of its offshore project developments located offshore Norway and the UK.
In addition to facing a wind-down and a wind-up of its Lancaster field, Hurricane Energy has experienced further issues on its field.
French oil major TotalEnergies has chosen Malaysian FPSO provider Yinson for preliminary front-end engineering design (pre-FEED) for two FPSO projects to be installed in Block 20/21 in Angola and Block 58 in Suriname.
Siccar Point Energy is moving forward with its Cambo field development project, located West of Shetland, which was delayed last year.
Hurricane Energy is looking to shorten the bareboat charter term for Bluewater’s FPSO Aoka Mizu due to significant financial obligations.
Due to challenges faced in constructing the hull and equipment for the Johan Castberg FPSO, the project is now about a year behind schedule.
Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating, production, supply, and offloading (FPSO) vessels will become available by the end of 2022.
ExxonMobil is working to resolve technical challenges and design issues on its Liza Destiny FPSO as it awaits the arrival of a key component.
The Petrojarl Banff FPSO is now moored alongside the MARS quayside in Denmark in preparation for green recycling.
