SBM Offshore gas completed the project financing of Liza FPSO, to be deployed offshore Guyana, for a total of $720 million. The Dutch company has obtained the cash from a consortium of twelve international banks. The Liza FPSO will be owned and be operated by SBM Offshore, and will, once completed,
Petrobras has signed a contract with Modec to charter an FPSO unit, the first definitive production system of Mero Field, which will be used in the Mero Pilot project.
TechnipFMC has recently completed transpooling flexible umbilicals for Total’s Egina project from one of its facilities in France.
Air Products will supply its Medium and High Purity Nitrogen Package for Eni’s $4.7 billion Coral FLNG development offshore Mozambique. This will be Air Products’ second contract for the Coral FLNG project awarded by TP JGC Coral France, a joint venture formed by TechnipFMC and JGC Corporation, the
Upgrade works on the Aoka Mizu FPSO, which will operate on the Hurricane-operated Lancaster field off the UK, are progressing as planned and the project remains on schedule for first oil in the first half of 2019.
Hurricane Energy’s share price rose more than ten percent on Monday after a competent person’s report boosted its oil reserves estimate by 231 percent. Hurricane said its total 2P Reserves + 2C Contingent Resources increased by ~231% to 2.6 billion barrels of oil equivalent. The report covered Hurri
Singapore’s Keppel Offshore & Marine (Keppel O&M) has secured projects from repeat customers Petrobras and SOFEC worth a combined value of approximately S$130 million ($96.2M).
Italian oil company Eni has received permission from Norwegian authorities to restart production from its Goliat field located in the Barents Sea offshore Norway.
Oil services company Aker Solutions has won a contract from Sembcorp Marine to design the living quarters for the Statoil-operated Johan Castberg development’s floating production, storage and offloading vessel (FPSO). To remind, Statoil in November signed a letter of intent with Sembcorp Marine for
Petrobras has declared commerciality of the Libra Northwest field, in the pre-salt of Santos Basin off Brazil, renaming it Mero.
V.Ships Offshore has been awarded a contract to provide operations and full technical management of the Pertamina Abherka FSO.
Tanker company Euronav NV has sold its very large crude carrier (VLCC) Flandre for $45 million to an unnamed global supplier and operator of offshore floating platforms. The 2004-built Flandre is wholly owned by Euronav and, following the recent sale of the 2001-built Artois, it is the oldest vessel
Statoil has submitted the plan for development and operation for its Johan Castberg project in the Barents Sea, offshore Norway.
Aker Solutions has won work to help Statoil develop the Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea.
