The Energean Power FPSO, being built for Energean’s gas fields offshore Israel, will be the first such unit in the region permanently moored by fiber ropes.
Teekay Offshore, a provider of floating production units for the offshore industry, has said that a decision on its potential charter of Petrojarl Varg FPSO might come in the second quarter of 2019.
Oil and gas shipping firm Teekay has agreed to sell all of its remaining interest in Teekay Offshore, a provider of marine services and solutions to the offshore oil industry, to Brookfield for $100 million.
Brazilian oil and gas giant Petrobras has executed three sale and purchase agreements to sell assets in the total amount of $10.3 billion (about R$40 billion).
Maersk Supply Service has been selected to deliver an integrated FPSO mooring installation and replacement solution for an American oil major in the Gulf of Guinea.
Malaysia’s offshore energy vessels and services provider Bumi Armada has signed documentation related to its short-term corporate debt refinancing.
Malaysia’s FPSO provider Yinson has won another short-term FPSO contract extension in Nigeria as it discusses a longer-term deal with Addax.
FPSO operator BW Offshore has signed an agreement with Petrobras for a one-year extension for the lease and operation of BW Cidade de São Vicente.
Samsung Heavy Industries has received an order to build a floating production storage and offloading (FPSO) vessel for an unnamed Asian client.
DNV GL has secured a three-year contract across the Dana Petroleum operated assets on the United Kingdom Continental Shelf.
Repsol Sinopec Resources UK has started working on projects across a number of its assets in the UK North Sea that should realize in the region of an additional 10 million barrels of oil equivalent (boe), beginning later this year.
Greek oil and gas company Energean has completed keel laying for the hull of the Energean Power FPSO in a Chinese shipyard.
Singapore’s offshore rig builder Keppel Offshore & Marine bounced back to the black during the first quarter of 2019 from a loss in the same period of 2018.
Australian energy giant Woodside is on schedule with its Greater Enfield project located offshore Australia with 89% of the project now complete.
