“2017/18 evolved into a most difficult and disappointing year,” Ernest Geoffrey Albers, Chairman of Octanex, an Australian oil and gas company, said on Thursday.
Energean Oil and Gas has cut the first steel for the Karish and Tanin FPSO vessel at a Chinese shipyard.
Dommo Energia has extended the charter of the OSX-3 FPSO vessel working at the Tubarão Martelo Field offshore Brazil.
Yinson’s Adoon FPSO in 3-month contract extension
BW Offshore, an FPSO specialist turned oil operator via its BW Energy subsidiary, has sanctioned the second phase of its Tortue development offshore Gabon.
Oil and gas Shell is exiting the long-stalled Greater Sunrise offshore gas project in the Timor Sea, agreeing to sell its interest to the Timor-Leste government for $300 million. Shell follows the steps of ConocoPhillips which announced the sale in October.
Norwegian minister of petroleum and energy, Kjell-Børge Freiberg, will on Wednesday start cutting the first sheet for the topside of the Equinor-operated Johan Castberg vessel at Kværner’s yard at Stord in Norway.
Dutch FPSO giant SBM Offshore has officially signed a contract for the second Fast4Ward FPSO hull with the Chinese SWS shipyard. SBM Offshore is ordering the FPSO hull on speculation and with no firm contract awarded for the FPSO.
Following a storm in Canada last week, which was believed to be one of the worst in the region since 1982, oil and gas operators are still assessing their offshore facilities for damage before resuming operations.
Following an oil spill on the White Rose field off Canada, Husky Energy has informed that no additional oil has been detected at the sea surface and that the oil is dispersing.
All wells at the Husky Energy-operated White Rose field offshore Canada have been shut-in, following an oil spill at the SeaRose FPSO.
World’s largest FPSO provider SBM Offshore has confirmed it has ordered an FPSO Hull from China’s SWS shipyard on the back of an uptick in the FPSO industry and the increased client interest.
Japan’s Inpex has officially opened the onshore LNG processing facilities of INPEX-operated Ichthys LNG project which draws gas from the Ichthys offshore gas field in W. Australia.
World’s largest FPSO supplier SBM Offshore will shut down its Brasa yard in Brazil where it integrates FPSO units’ hulls and modules