Aker Solutions has been awarded a contract from Statoil for modification work on the topside of the Åsgard A production vessel offshore Norway.
FLNG projects require significant capital investments, thus access to financing is a critical contributor to project sanctioning and success.
Greek oil company Energean Oil & Gas has signed an agreement with four international banks for financing the development of Karish, part of the company’s flagship Karish and Tanin project offshore Israel.
Norwegian oil services company Aker Solutions is preparing to start building components for the Statoil-operated Johan Castberg development located in the Barents Sea offshore Norway.
Emerson has completed its multi-year automation project for BP’s Glen Lyon floating production, storage and offloading (FPSO) vessel west of Shetland.
Brazilian oil company Petrobras saw a drop in its oil production in January when compared to December figures.
FPSO operator BW Offshore returned to profit in the fourth quarter 2017 while its revenues for the quarter nearly halved when compared to the same period of 2016.
ALP has been selected by Interoil and Saipem to provide five vessels to perform tow assistance and heading control services for the Kaombo project.
CCI-CableService has been awarded an electrical cables supply deal by SBM Offshore for ExxonMobil’s FPSO Liza Destiny.
Woodside aims to finalize commercial terms to process Browse gas through existing infrastructure of the NWS project during 2018, targeting the beginning of the concept definition phase for the second half of 2018.
Partners in the SNE field development offshore Senegal have achieved a concept select decision and the tendering process for the FPSO and subsea facilities is expected in the first quarter of 2018.
BP has awarded Sparrows a three-year contract to manage crane operations, maintenance, and deck services off the coast of Angola.
Hurricane Energy has made progress on activities related to the Early Production System for the Lancaster field (Lancaster EPS) located West of Shetland with successful trial fit testing of buoy and FPSO turret.
Germany’s Siemens has been awarded a deal to supply a gas turbine compression train for the Johan Castberg FPSO.
