The PSA has found improvements points during an audit of Equinor’s Johan Castberg FPSO turret design and fabrication.
Teekay Offshore Partners has secured a new $414 million long-term loan that will be used to finance four LNG-fueled Suezmax DP2 shuttle tanker newbuildings.
Russian gas company Novatek has signed agreements with Repsol and Vitol for the supply of LNG from its $25.5B Arctic LNG 2 project being developed on the Gydan Peninsula, Russia
Dutch FPSO supplier SBM Offshore might need to pay 2 million euros for not disclosing price sensitive information timely between 2012-2014, which SBM has denied.
After previous failed attempts UK’s Hurricane Energy has successfully hooked-up the Aoka Mizu FPSO to the turret mooring system buoy at the Lancaster field located in the West of Shetland area.
Equinor has been given consent for the use of the pipeline and subsea production facilities at Trestakk field, ahead of a production start planned later this year.
There’s no change in Kraken field’s 2P reserves, EnQuest, the operator of the North Sea oil field said following a partner’s report downgrading the reserve estimates.
Shell has received an approval from the UK authorities for its decommissioning plan of the Curlew field facilities in the UK North Sea.
Vår Energi has entered into an agreement with Telenor Maritime to equip the Goliat field in the Barents Sea with 2G and 4G networks.
Babcock has been awarded a four-year framework contract for brownfield fabrication and modification projects on the BW Catcher, an FPSO vessel owned by BW Offshore.
Norwegian oil and gas company Equinor has decided to revise the original development plan for the Rosebank project located west of Shetland.
World’s largest FPSO supplier SBM Offshore is set to increase its fleet as it plans to order another Fast4Ward FPSO hull soon.
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie.
The Norwegian Petroleum Directorate has granted consent to Equinor for continuation of production on Norne FPSO with associated facilities for the Norne, Urd and Skuld fields in the Norwegian Sea.
