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.
BW Energy has produced first oil from the Tortue Phase 2 field development project in the Dussafu Marin Permit offshore Gabon.
Santos has made a Final Investment Decision on the Van Gogh infill development phase two project off Australia.
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.
Yinson’s FPSO Abigail-Joseph has set sail from Singapore to the Anyala & Madu fields in Block OML 83 & 85, offshore Nigeria, marking the completion of its conversion and a life extension phase.
Malaysia’s Bumi Armada has decided to file an appeal against the Supreme Court’s decision relating to the litigation with Australian energy giant Woodside over early termination of Bumi’s Armada Claire FPSO charter.
Keppel Offshore & Marine has said it has delivered the world’s fastest brownfield floating production storage and offloading vessel modification and upgrading project.
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.
Energean Oil and Gas has conducted a successful production test on the Karish Main-02 development well located offshore Israel.
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.
Masirah Oil has completed the Yumna 1 well, located in Block 50 offshore Oman, and flowed first oil into the Aframax tanker.
Petronas’ second floating LNG vessel, the PFLNG Dua, has set sail from South Korea in its maiden voyage to the Rotan gas field, located offshore Sabah, Malaysia.
Australian government has hired Upstream Production Solutions to operate the Northern Endeavour FPSO following an unprecedented event in the offshore oil and gas industry in Australia where an oil and gas company has been placed into liquidation.
