SBM Offshore USA, a subsidiary of world’s largest FPSO provider SBM Offshore, has pleaded guilty for charges of bribing foreign officials in Brazil, Angola, Equatorial Guinea, Kazakhstan and Iraq in violation of the Foreign Corrupt Practices Act (FCPA). The U.S. Department of Justice said on Thursda
FPSO operator BW Offshore returned to profit during the third quarter of the year. Namely, according to the company’s financial report on Friday, net profit for the 2017 quarter was $3.9 million compared to a loss of $11.2 in the third quarter of 2016. BW Offshore’s operating revenues for the quarte
Dana Petroleum has announced first oil from its Western Isles development in the UK sector of the North Sea.
UK oil and gas company Premier Oil has confirmed the first oil from its Catcher field in the North Sea remains on schedule for December.
Premier Oil is set to extend the charter for the Voyageur Spirit FPSO in the North Sea. The oil company entered into a heads of terms with Teekay in November to extend the employment of the Voyageur Spirit FPSO unit on the Huntington field for one more year. This means the floating production unit w
BW Offshore has found a partner for its BW Catcher FPSO, currently under a lease with Premier Oil on the Catcher field located in the UK sector of the North Sea.
Following two notices of order and a completed audit report of electrical safety on the Goliat FPSO, the PSA has issued a formal order to Eni.
Norway’s Petroleum Safety Authority (PSA) has found further serious breaches of regulations on the Goliat FPSO and issued another notice of order to Eni, following an audit report of electrical facilities.
FPSO operator Bluewater has received a one-year contract extension for its unit operating in the UK.
BW Offshore-owned FPSO BW Catcher arrived at the Premier Oil-operated Catcher field in the UK sector of the North Sea last Wednesday, October 18. The FPSO Catcher started its journey from Singapore, where it was built by Keppel Shipyard, in late August following completion of sea trials. It arrived
South Korea’s Daewoo Shipbuilding Marine & Engineering is reportedly on the verge of bagging a contract to build components for Statoil’s Johan Castberg FPSO. According to Business Korea website, DSME, subject to the signing of the contract, will build the hull and the living quarters of the FPSO de
Four companies, Add Energy, Transborders Energy (TBE), TechnipFMC, MODEC have teamed up to create what they say is a unique and fast deployment business model for the FLNG industry
Bluewater-owned FPSO Aoka Mizu, which will operate on Hurricane Energy’s Lancaster field off the UK, has arrived at a shipyard in Dubai for upgrade work. The UK-based oil and gas company informed on Monday that the FPSO unit Aoka Mizu had arrived at Drydocks World Dubai shipyard on Saturday, Septemb
Malaysia’s Bumi Armada has informed that its Armada Kraken FPSO, operating on the Kraken field in the UK North Sea has completed the offloading of its first cargo on September 12, 2017. The Kraken is a large heavy oil accumulation in the UK North Sea, located in the East Shetland basin, to the west
