Australia’s Woodside has awarded the front-end engineering design (FEED) contract for the SNE field development FPSO to Japan’s MODEC.
Brazilian oil company PetroRio is set to invest further into the Polvo field as part of the offshore field’s revitalization plan, which aims to increase the Polvo field’s recovery rates and extend its useful life.
Brazilian oil company Petrobras has started producing oil and gas from the P-76 FPSO in the Búzios field in the Santos Basin, offshore Brazil.
Babcock has been awarded a four-year framework contract for brownfield fabrication and modification projects on the BW Catcher, an FPSO vessel owned by BW Offshore.
Singapore’s offshore platform and rig builder Sembcorp Marine sees improvements in global spending on offshore exploration and production, however, it does not expect this to reflect on its near-term business volume.
BW Energy’s Tortue field reserves in the Dussafu block offshore Gabon have increased, Panoro, a partner in the field has said, citing independent resource report.
Norwegian oil and gas intelligence firm Rystad Energy expects 33 FPSO vessels to be sanctioned from 2019 to 2021 as oil and gas activity picks up.
Norwegian oil and gas company Equinor has decided to revise the original development plan for the Rosebank project located west of Shetland.
Yinson has received and accepted a letter of award from JX Nippon to provide operation and maintenance services for Nippon FPSO Facilities.
The FPSO vessel Liza Destiny will set sail for the ExxonMobil-operated Stabroek block off Guyana in the summer of 2019.
World’s largest FPSO supplier SBM Offshore is set to increase its fleet as it plans to order another Fast4Ward FPSO hull soon.
Ocean Yield has entered into an option agreement with Aker Energy for the bareboat charter of the Dhirubhai-1 FPSO vessel, which was recently released by Reliance in India.
Japanese energy company Inpex has informed that the LNG Tanker Oceanic Breeze called in for the first time at Inpex’s Naoetsu LNG Terminal in Joetsu City, Niigata Prefecture, Japan. The tanker has delivered a cargo of liquefied natural gas (LNG) from the INPEX-operated Ichthys LNG project in Austral
The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, according to global natural resources consultancy Wood Mackenzie.
