Siccar Point Energy has awarded an exclusive Front-End Engineering and Design contract to Sembcorp Marine for the design of a Sevan cylindrical FPSO for its Cambo field development on the UK Continental Shelf.
Japanese FPSO operator MODEC is working to clean up and disperse the remaining oil following an oil spill on the Petrobras-operated Espadarte field offshore Brazil last Friday.
Japanese FPSO provider MODEC has reported an oil spill from an FPSO located on the Petrobras-operated Espadarte field offshore Brazil.
Woodside has produced first oil from the Greater Enfield Project through the Ngujima-Yin FPSO.
Dhirubhai-1 FPSO still waiting in Sri Lanka
Premier Oil is looking for a farm-out partner for its Sea Lion offshore oil development in the Falklands Islands.
The total acquisition price for the Maromba field is USD 115 million
MJ is a gas condensate field and is the third field under development as part of the KG D6 integrated development campaign.
BW Offshore has received a one-year contract extension for the lease of one of its floating, production storage and offloading (FPSO) vessels.
Norwegian oil and gas company Vår Energi has awarded an Engineering, Procurement, Construction and Installation (EPCI) contract to Rosenberg Worley in Stavanger, Norway.
MODEC has decided to issue project bonds to international investors to refinance an FPSO vessel chartered to the TUPI consortium led by Petrobras with the aim of strategically diversifying its financing sources for MODEC’s entire FPSO charter business.
The global market for floating production, storage and offloading vessels (FPSOs) is headed for a major renaissance with as many as 24 FPSO awards expected by 2020, driven to a great degree by Brazil, according to Rystad Energy.
Dutch FPSO provider SBM Offshore has revealed that a Chinese yard has started building its third Fast4Ward FPSO hull.
Euronav NV has sold its oldest very large crude carrier for conversion into a floating production storage and offloading vessel.
