An analysis by Norwegian energy intelligence firm Rystad Energy shows that Chinese yards will outcompete Asian rivals on costs in an expected rebound in offshore oil and gas spending from 2021.
PJ Valves (PJV), a UK-based manufacturer and supplier of valves to the global energy industry, has been awarded two FPSO valve contracts for Petrobras projects in Brazil.
Classification society DNV GL and FPSO specialist Bluewater have teamed up on a pilot project to use hybrid digital twin technology to predict and analyse fatigue on an FPSO hull.
McDermott has made the first shipment of topside modules for a floating production storage and offloading (FPSO) unit for MODEC.
Oil and gas company Energean has completed the lift of the living quarter module and pipe rack modules onto the Energean Power FPSO set for the Karish field off Israel.
Australian player Karoon Gas is expecting to close its acquisition of the Baúna field, located offshore Brazil, during October 2020.
Aker BP is now ready to start production from Phase 1 of its operated Ærfugl gas and condensate field development located in the Norwegian Sea.
Oil and gas company Energean has bought a field support vessel (FSV) to support its operations on the Karish field located offshore Israel.
SBM Offshore has confirmed the award of contracts for the next phase of ExxonMobil’s Payara development project located in the Stabroek block in Guyana.
ExxonMobil has made its final investment decision to proceed with the Payara field offshore development in Guyana after receiving government approvals.
Jadestone Energy has filed a revision of its environment plan for operations at the Stag field, located offshore Australia, to the Australian authorities.
POSH has secured long-term charters for two of its offshore semi-submersible accommodation units – POSH Arcadia and POSH Xanadu – with Petrobras.
Malaysian FPSO operator Bumi Armada has been awarded a contract for the provision of FPSO Armada Sterling to India’s ONGC.
Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
