FPSO operator BW Offshore expects activities in the offshore field developments sanctions to pick up, following years of underinvestment caused by the oversupply of oil in the market.
PJ Valves has been awarded two valve supply contracts for floating, production, storage and offloading vessels (FPSOs).
Teekay Offshore has won a contract extension from Premier Oil for the Voyageur Spirit FPSO, operating on the Huntington field in the UK North Sea, but the extension includes a lower fixed charter rate. In its 1Q 2018 update on Thursday, Teekay said it had signed the previously-announced contract ext
Hurricane Energy has informed that a buoy set sail for the Lancaster EPS, located in the West of Shetland area.
Exmar has executed what it says is a “fully effective” ten-year charter for the provision of its floating storage and regasification unit (FSRU) barge and services in Bangladesh for Gunvor. The FSRU barge is currently at Keppel Shipyard undergoing site-specific modifications after having been delive
Eni has received consent from the PSA for manned underwater operations on the Goliat field.
ABB said its systems would significantly reduce capex for the new offshore development.
Dutch oil major Shell and FPSO provider SBM Offshore have been awarded the OTC 2018 Distinguished Achievement Award.
Statoil has awarded a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian Sea.
A fire broke out on board Eni-operated Goliat FPSO early on Friday, forcing the Italian oil company to halt production from the Barents Sea field.
Norwegian government on Tuesday presented a development plan for the Statoil-operated Johan Castberg project in the Barents Sea for the approval by the country’s Parliament (Stortinget).
Oil major BP has committed to two new North Sea developments which are expected to produce 30,000 barrels gross of oil equivalent a day at peak production.
Statoil has awarded Vissim a contract for a sea surveillance system to be installed on the Johan Castberg FPSO to be located in the Barents Sea off Norway.
Alfa Laval has won an order to supply Framo pumping systems to an FPSO vessel in the North Sea.
