Italian oil and gas giant Eni has formally started oil production from its Sankofa field in the Offshore Cape Three Points (OCTP) block, in Ghana. According to Ghanaian media reports, Ghana’s president Nana Addo Dankwa Akufo-Addo at a ceremony aboard the John Agyekum Kufuor FPSO on Thursday turned t
Four Japanese entities have teamed up to buy a stake in an FPSO owning and leasing company, run by Malaysia’s Yinson Holdings. The four companies, Kawasaki Kisen Kaisha, Sumitomo Corporation, JGC Corporation, and Development Bank of Japan Inc, have signed a heads of agreement to jointly acquire 26%
PTSC Asia Pacific (PTSC AP) has accepted an offer to continue deploying the FPSO PTSC Lam Son on the Lam Son field offshore Vietnam. PTSC AP is a joint venture company owned by Yinson Holdings and PetroVietnam Technical Services Corporation (PTSC) each holding 49% and 51% interest in it, respectivel
Keppel Offshore & Marine’s subsidiary, Keppel Shipyard, will soon deliver what it says is the world’s first converted Floating Liquefaction (FLNG) vessel owned by Golar Hilli Corporation, a subsidiary of Golar LNG. The vessel was named Hilli Episeyo at a ceremony in Keppel Shipyard on Sunday. Upon i
After years of construction, Prelude FLNG, the world’s largest offshore facility, has left the Samsung Heavy Industries shipyard in South Korea, and is now being towed to its offshore location in Australia. As Offshore Energy Today reported earlier this week, a source close to the matter, who wished
Malaysia’s TH Heavy Engineering, a company building offshore oil and gas facilities, has said it is still in talks over an FPSO construction project despite a local news outlet claiming otherwise. Namely, in an article earlier this week titled „TH Heavy’s money woes getting worse,“ Focus Malaysia wr
Exmar, a shipping company serving the oil and gas industry, has secured a $200 million financing for its Caribbean floating LNG unit ahead of its delivery. The company has secured the financing for the FLNG unit together with Bank of China, Sinosure and a European financial institution. In a stateme
By Bartolomej Tomić Prelude FLNG, the world’s largest offshore facility, is reportedly expected to leave the Samsung Heavy Industry shipyard in South Korea this week. A source close to the matter, who wished to remain anonymous, has told Offshore Energy Today that Shell’s giant floating LNG unit is
Italian oil and gas company Eni has signed a long-term cooperation agreement with GE Oil & Gas for work on Eni’s offshore gas developments in Mozambique. GE said on Monday the agreement comprised a multi-year contract to supply subsea production systems, ancillary equipment and services for Eni’s re
Norwegian oil services company Aker Solutions has been awarded a contract to deliver three umbilicals and associated equipment at Eni’s Coral South project, Mozambique’s first offshore field development. Aker Solutions informed on Monday that the work scope includes three steel tube umbilicals that
Following last week’s FID, ExxonMobil has formally confirmed the award of contracts for the next phase of the Liza project in Guyana, including the one for Dutch FPSO provider, SBM Offshore. Back in December, Exxon awarded SBM Offshore contracts to perform Front End Engineering and Design for the Li
Delfin and Golar have signed a deal to jointly develop the Delfin LNG project, off the coast of Cameron Parish, Lousiana using Golar’s FLNG technology. The joint development agreement will facilitate the financing, marketing, construction, development and operation of Delfin LNG. Delfin LNG is the f
Malaysian FPSO provider Bumi Armada has suspended the bareboat charter and operations and maintenance contracts with Erin Energy for the FPSO Armada Perdana operating at the Oyo oil field off Nigeria. Bumi’s subsidiaries, Armada Oyo Limited (AOL) and Bumi Armada (Singapore), are in charge of the bar
Legeneering, an Australian engineering solutions provider, has been awarded a long-term offshore maintenance services contract for Woodside-operated floating production storage and offloading facilities (FPSOs). The contract with the compatriot energy company is for an initial period of five years w
