
Vår Energi has updated its cost estimate for a field life extension project in the North Sea off Norway to reflect a tighter supplier market.

Equinor has revised the cost estimate for its Johan Castberg project in the Barents Sea due to the rise in cost within the industry.

Brazilian oil and gas player Enauta has concluded the drilling and completion of the last well in its drilling programme at a field offshore Brazil.

BW Offshore has completed the sale of another floating, production, storage, and offloading (FPSO) vessel, which is working at an oil field offshore Nigeria.

Valeura Energy has carried out the drilling of two appraisal wells at an oil field in the Gulf of Thailand, which is currently offline.

SBM Offshore has joined forces with Japan’s Mitsubishi Heavy Industries Ltd. (MHI) to offer a CO2 capture solution for a floating production, storage, and offloading (FPSO) vessels while they produce oil and gas from offshore reservoirs.

Petrobras has welcomed the arrival of an FPSO, which will work on the company’s giant oil field in the Santos Basin offshore Brazil.

TotalEnergies is laying the groundwork to make a final investment decision (FID) for a large oil project in Block 58 offshore Suriname by the end of 2024.

BW Energy has started production from the fourth well in its multi-well programme offshore Gabon.

Enauta is anticipating the return of production from an FPSO vessel, which is working on a field off Brazil, by October 2023.

Jadestone Energy has restarted production from a floating production storage and offloading (FPSO) vessel in the Timor Sea offshore Australia.

Petrobras has unveiled plans to put 11 additional FPSO units into operation in the pre-salt layer offshore Brazil by 2027, which are anticipated to boost production, enabling it to reach 2.4 million boe.

Eni has agreed on another short-term contract extension with BW Offshore for an FPSO, which is working on a field offshore Nigeria.

Jadestone Energy has disclosed its new timeline for the restart of production from an FPSO in the Timor Sea offshore Australia.