Australian firm Woodside has completed the acquisition of FAR Limited’s entire participating interest in the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture.
The BP-operated Greater Tortue Ahmeyim project in Mauritania and Senegal has experienced delays and cost overruns due to the Covid-19 pandemic.
Brazilian oil and gas company Enauta has stopped production at two of its three wells in the Atlanta field, located in Block BS-4 offshore Brazil.
Following repairs, ExxonMobil has started the second phase of testing at its Liza Destiny FPSO and is moving forward with plans for a gas pipeline in Guyana.
The floating production storage and offloading (FPSO) vessel Carioca MV30 has set sail from the Brasfels shipyard in Angra dos Reis towards Petrobras’ Sépia field in the Santos Basin pre-salt.
Sembcorp Marine has secured an amendment contract from Tupi B.V. valued at $175 million for modification work on the P-71 FPSO.
Malaysian FPSO provider Yinson has secured a contract extension for the PTSC Lam Son FPSO in Vietnam with Vietnam’s PTSC AP.
The Australian Government has released a Request for Expressions of Interest for Phase 1 works to decommission the Northern Endeavour FPSO.
Τhe FPSO market is booming this year, with more contracts awarded in the second quarter of 2021 than during the full year 2020, Rystad Energy says.
Oil and gas companies are still feeling the impact of the Covid-19 pandemic as new project start-ups are being delayed and costs are rising due to continuous challenges arising from related restrictions.
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.
Australian oil and gas industry association has labelled a new levy by the government related to decommissioning costs for Laminaria-Corallina oil fields as over the top and extreme.
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.
A court has ordered Eni to place part of its revenues from a field in Ghana in an escrow account until a unitisation agreement is reached with Springfield.
