After several delays, the government of Canada has approved the Equinor-operated Bay Du Nord offshore oil project.
The Canadian government has found itself between a rock and a hard place when it comes to new oil and gas projects with pressures of climate change and the urgent need to transition to clean energy sources on one side and growing concerns over energy security on the other.
Santos has made an important step on the path towards a final investment decision on the Dorado project located offshore Australia.
Non-essential workers on an FPSO vessel located on BP’s Foinaven field off the UK have been evacuated following a fire incident.
Following the Yellowtail project’s FID, ExxonMobil and SBM Offshore have firmed up a contract for the supply of an FPSO.
While being engaged in talks for a further extension, BW Offshore has secured a short-term one for an FPSO operating off the Ivory Coast.
SBM Offshore has revealed that its second Fast4Ward FPSO and third one for Guyana has moved to the integration phase in Singapore.
Petrofac has been awarded a Floating Production, Storage and Offtake (FPSO) decommissioning deal by the Australian government.
Partners in the Cambo project, Shell and Siccar Point Energy, have received a licence extension for the controversial field development.
Aker BP has secured approval from the Norwegian government to increase gas production from a field located in the Norwegian Sea off Norway.
Eni has announced what it says is a major upgrade of the resource base in the Ndungu field, located offshore Angola.
Hurricane Energy has signed a contract with Bluewater, the owner of the Aoka Mizu FPSO, for an extension to the bareboat charter.
Waldorf is buying the entire UK business of Hungary’s MOL, which will see it double its staek in the North Sea’s Greater Catcher Area.
With FSO deployment still on track, Vaalco has inked a deal with DOF Subsea to support it in replacing an existing FPSO unit off Gabon.
