A contract for the BW Offshore-owned FPSO Umuroa, operating offshore New Zealand, has been terminated.
A North Sea oil field has been set up for a new lease of life after a £140 million investment to unlock fresh reserves.
Maersk Supply Service will provide an integrated mooring lines life extension solution for Shell’s FPSO Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro.
Perth-based Transborders Energy has signed a joint study agreement with Mitsui O.S.K. Lines (MOL) to further develop its floating LNG solution and pursue its deployment on a range of stranded offshore gas resource opportunities.
The PSA has found irregularities during an audit of Teekay Petrojarl and Petrojarl Knarr FPSO concerning structures and marine barriers.
Subsea 7 has been awarded a sizeable contract by Shell for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen.
The hull of Energean Oil and Gas’ Energean Power FPSO has been undocked and floated out from the COSCO Shipyards’ dock.
Malaysia’s FPSO provider Yinson has been awarded a contract extension for its Lam Son FPSO for operations on the Lam Son field, located offshore Vietnam.
Dutch SBM Offshore will bid for an interest in five Brazilian FPSOs put up for sale by Constellation, previously known as Queiroz Galvão Óleo e Gás S.A.
Vår Energi has awarded a contract covering EPCI of subsea systems for the Balder X project to a consortium of Baker Hughes, a GE company (BHGE), and Ocean Installer.
Malaysian FPSO supplier Yinson saw its revenue and profit decline in the second quarter of 2019, but it is optimistic about near-term FPSO contract opportunities.
Bumi Armada has received financing commitments of up to $75 million from a major shareholder to fund its offshore projects in India and Malta.
Dutch offshore vessel owner Smit Lamnalco has won a $200 million, 10-year contract to provide services for Coral South FLNG offshore Mozambique. Smit Lamnalco, a 50% affiliate of Boskalis, will provide integrated marine services to what will be Mozambique’s FLNG unit, operated by Eni. “This marks th
Yinson-PTSC JV has lost a $1 billion contract for the supply of an FPSO for Repsol’s Ca Rong Do field offshore Vietnam, due to “prolonged force majeure.”
