Tailwind Energy has filed an environmental statement for its Evelyn development, located in the UK North Sea, to the UK authorities.
Hurricane Energy and Spirit Energy, joint venture partners in the Greater Warwick Area (GWA) located in the West of Shetland region, have agreed a new cost allocation agreement as part of their 2018 farm-in deal.
The outbreak of the coronavirus is set to cause extensive staffing and supply shortages as well as delays on floating production, storage and offloading (FPSO) vessels under construction in China, South Korea, and Singapore, according to energy intelligence firm Rystad Energy.
BW Offshore nearly tripled its quarterly profit despite negative impact of a $13 million charge due to termination of an FPSO charter in New Zealand.
Aker Energy has entered into a Letter of Intent with Yinson to award a bareboat charter and an operations and maintenance contract for an FPSO vessel at the Pecan field, offshore Ghana.
Mime Petroleum has issued a NOK 300 million ($32.2M) senior unsecured bond with maturity in February 2025 ahead of the Vår Energi-operated Balder Future project in the North Sea.
Aker BP has strengthened its position in the Skarv offshore area by swapping its interest in two licenses for an interest and operatorship in license which holds the Shrek discovery, near the Skarv field.
Premier Oil has filed its decommissioning program for the float-off of the Huntington field FPSO to the UK authorities.
Japan’s MODEC has awarded Aibel a letter of intent in connection with MODEC’s supply of a newbuilt FPSO to Equinor for the Bacalhau field in Brazil.
BP has announced early production from the Alligin field located in the west of Shetland region, offshore the UK.
Norwegian FPSO operator BW Offshore is targeting 1Q 2020 for the IPO and listing of its 68.6% owned exploration and production subsidiary, BW Energy.
EnQuest has submitted its draft decommissioning programs for the Alma & Galia fields located in the North Sea to the UK authorities.
In surfing, reading the environment and anticipating a wave from a small lump on the horizon can be difficult, but rewarding. This is what SBM Offshore had done when after a rather dry period for FPSO orders it ordered an FPSO hull from China’s SWS Shipyard in July 2017.
Shell in large Australia discovery, Exxon finds more oil fires up Liza FPSO in Guyana, Allseas drops Nord Stream 2
