MODEC in December 2020 obtained approval by ABS for the new offshore repair method for hull structures of FPSOs as an original standard repair method.
SBM Offshore has been awarded a lease extension from Shell for an FPSO in Brazil and expects another lease duration extension from ExxonMobil in Guyana.
Vaalco Energy is moving forward with its acquisition of Sasol’s working interest in the Etame Marin block located offshore Gabon.
Oslo-listed engineering and marine services player DOF Subsea has been awarded multiple new contracts for execution in the North Sea, Mediterranean and Africa.
Aker BP and the Skarv partners – Equinor, Wintershall Dea, and PGNiG – have decided to develop the Gråsel discovery located offshore Norway in 2021.
Japan’s MODEC has signed a contract with Woodside for the operations and maintenance of an FPSO vessel for the Sangomar Field Development Phase 1 project.
Chinese shipbuilder Cosco Shipping Heavy Industry has delivered the floating production, storage, and offloading (FPSO) vessel set to work on Eni’s Amoca shallow-water project off Mexico.
Australian player Karoon Energy has offloaded its first shipment of over 500,000 barrels of oil from its newly acquired Baúna production field, offshore Brazil.
Angolan arm of French oil major Total has awarded a maintenance contract to energy storage equipment manufacturer and service provider Norco Group for work on several floating production, storage, and offloading facilities (FPSOs).
Japan’s Modec has ordered six compressors from MAN Energy Solutions for an FPSO destined for the Woodside-operated Sangomar field offshore Senegal.
Greek oil and gas company Energean has entered into an exclusivity arrangement to take full ownership of its 70 per cent-owned Israeli subsidiary.
Malaysia Vietnam Offshore Terminal’s (MVOT) FSO Golden Star has received first condensate at the Sao Vang and Dai Nguyet (SVDN) project offshore Vietnam.
What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?
Some 262 oil service workers at Schlumberger’s Norwegian entity plan to go on strike from 3 December if negotiations with employers over pay and working conditions fail.
