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FPSO & Vessels

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FPSO Jasmine Venture MV7; Source: MODEC
FPSO & Vessels

With Gulf of Thailand acquisition under its belt, Canadian player expands oil portfolio

Valeura has wrapped up the acquisition of upstream oil producing assets from Mubadala Petroleum’s subsidiary, Busrakham Oil and Gas.

about 3 years ago
FPSO Cidade de Vitoria; Source: Petrobras
FPSO & Vessels

Acquisition of two Brazilian offshore assets going full steam ahead

BW Energy is preparing for the closing of the acquisition of two clusters in the Espírito Santo Basin offshore Brazil.

about 3 years ago
Illustration of Bay du Nord FPSO; Source: Equinor
FPSO & Vessels

Controversial Bay du Nord oil project awaits outcome of court challenge

Equinor spent two days in court two weeks ago, tackling the court scrutiny over the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, as Ecojustice set out to overturn the government’s approval for this $12-billion project. The outcome of this chall

about 3 years ago
FPSO Montara Venture; Source: Jadestone Energy
FPSO & Vessels

Another plot twist creates roadblock for production restart from Australian FPSO

After completing the planned four-yearly topsides maintenance programme for an FPSO operating at a field in the Timor Sea off Australia, Jadestone Energy has found some inconsistencies in standard fittings, thus, the firm is working on fixing these issues.

about 3 years ago
FPSO BW Opportunity; Source: BW Offshore
FPSO & Vessels

BW Offshore wraps up sale of FPSO

Norway’s FPSO operator BW Offshore has completed the sale of a floating, production, storage, and offloading (FPSO) vessel to a buyer, whose name was not revealed.

about 3 years ago
Illustration; Source: Rystad Energy
FPSO & Vessels

Offshore oil & gas set for growth with $214 bln of investments in the pipeline

With more than $200 billion of greenfield investments expected by 2025, the offshore oil and gas sector is expected to get back in the spotlight, says Rystad Energy.

about 3 years ago
FPSO Alvheim; Source: Aker BP
FPSO & Vessels

Aker BP brings North Sea field on stream

Aker BP has kicked off production from a field in the North Sea off Norway, after fast-tracking the development to achieve the first oil.

about 3 years ago
FPSO BW Opportunity; Source: BW Offshore
FPSO & Vessels

BW Offshore sells FPSO while pursuing redeployment opportunities

Norway’s FPSO operator BW Offshore has decided to sell one of its FPSOs, which it recently marked as a redeployment candidate.

about 3 years ago
FSO Palanca; Source: Stapem Offshore
FPSO & Vessels

Delays hinder UK oil & gas player’s entry into Angola but offshore blocks’ potential seen as silver lining

Afentra plc has run into delays in completing deals with Sonangol and INA, which will allow it to acquire interests in blocks offshore Angola.

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
FPSO & Vessels

Court scrutiny underway for $12 billion oil & gas project off Canada

The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.

about 3 years ago
FPSO Petrojarl I; Source: Enauta
FPSO & Vessels

Enauta shuts down production from Brazilian well

Enauta has interrupted production from a well located on a field off Brazil only days after completing preventive maintenance for an FPSO.

about 3 years ago
FPSO Cidade de Vitória; Source: Saipem
FPSO & Vessels

Acquisition of two Brazilian offshore clusters facing delay after being put on hold

BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.

about 3 years ago
FPSO Goliat; Credit: Øyvind Gravås/Vår Energi
FPSO & Vessels

Recent oil discovery in Barents Sea puts forward tie-back to existing FPSO

Vår Energi’s oil discovery near the Goliat field in the Barents Sea has brought the possibility of a tie-back to the existing infrastructure.

about 3 years ago
Angola's largest independent oil & gas producer goes on a hat-trick award spree
FPSO & Vessels

Angola’s largest independent oil & gas producer goes on a hat-trick award spree

Eni Angola, a wholly-owned subsidiary of Azule Energy, has awarded Malaysian FPSO operator Yinson with a contract to deliver a floating, production, storage and offloading (FPSO) asset for the Agogo field development located offshore Angola. Under the firm contract, Yinson will provide, operate and

about 3 years ago
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