The Inpex-operated Ichthys LNG project has achieved financial completion under its project financing framework, thereby releasing Inpex and its joint venture partners from completion guarantee obligations to lenders corresponding to their respective participating interests in the project.
Shell has made a significant gas and condensate discovery in the Browse Basin off the North West Coast of Western Australia.
The U.S. oil major ExxonMobil has made history as it has started producing first oil from its Liza field offshore Guyana, making the Latin American country an oil-producing nation.
JX Nippon Oil & Gas has started commercial oil production from the Layang field located offshore Malaysia.
Canadian offshore regulator has suspended production-related operations on the Suncor Energy-operated Terra Nova FPSO located offshore Canada.
Successful results of Yakaar-2 and Orca-1 wells could underpin future developments
The Johan Castberg partners have studied a possible development of a downscaled ship-to-ship oil transfer terminal at Veidnes in Finnmark county in North Norway, and have concluded that the costs of constructing a terminal would be too high.
SBM Offshore has divested a minority interest in the FPSO Sepetiba project to two Japanese companies following confirmation of a 22.5-year lease and operation contract with Petrobras.
Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In addition, Kvaerner has entered into an agreement with Samsung Heavy Industries and Aker Solutions for the joint delivery of FPSO contracts.
SBM Offshore has signed contracts with Petrobras for the 22.5 years lease and operation of FPSO Sepetiba.
South Korean shipbuilder Samsung Heavy Industries has completed the first deck stacking operation for topsides modules of Eni’s Coral South FLNG facility at its shipyard in Geoje.
Dutch FPSO company SBM Offshore has ordered two new FPSO hulls in China. These will be SBM’s fourth and fifth hulls ordered under the company’s Fast4Ward program.
Brazil’s Dommo Energia might default on two payments for the charter of the FPSO OSX-3 in Brazil.
Santos has revealed that its preferred concept for the Dorado field project, which is located offshore Australia, is an FPSO and wellhead platform development.
