Malaysian FPSO provider Yinson has agreed to another short-term extension for its FPSO PTSC Lam Son, operating offshore Vietnam.
In surfing, reading the environment and anticipating a wave from a small lump on the horizon can be difficult, but rewarding. This is what SBM Offshore had done when after a rather dry period for FPSO orders it ordered an FPSO hull from China’s SWS Shipyard in July 2017.
BW Offshore has signed an extension agreement for the Abo FPSO with a subsidiary of Eni.
An offshore worker was injured in an incident aboard Suncor Energy’s Terra Nova floating production storage and offloading (FPSO) vessel offshore Canada on Sunday, December 29.
Shell in large Australia discovery, Exxon finds more oil fires up Liza FPSO in Guyana, Allseas drops Nord Stream 2
The Inpex-operated Ichthys LNG project has achieved financial completion under its project financing framework, thereby releasing Inpex and its joint venture partners from completion guarantee obligations to lenders corresponding to their respective participating interests in the project.
Shell has made a significant gas and condensate discovery in the Browse Basin off the North West Coast of Western Australia.
The U.S. oil major ExxonMobil has made history as it has started producing first oil from its Liza field offshore Guyana, making the Latin American country an oil-producing nation.
JX Nippon Oil & Gas has started commercial oil production from the Layang field located offshore Malaysia.
Canadian offshore regulator has suspended production-related operations on the Suncor Energy-operated Terra Nova FPSO located offshore Canada.
Successful results of Yakaar-2 and Orca-1 wells could underpin future developments
The Johan Castberg partners have studied a possible development of a downscaled ship-to-ship oil transfer terminal at Veidnes in Finnmark county in North Norway, and have concluded that the costs of constructing a terminal would be too high.
SBM Offshore has divested a minority interest in the FPSO Sepetiba project to two Japanese companies following confirmation of a 22.5-year lease and operation contract with Petrobras.
Kvaerner has revealed its plan to grow annual revenues to above NOK 10 billion ($1.1B) for the year 2023. In addition, Kvaerner has entered into an agreement with Samsung Heavy Industries and Aker Solutions for the joint delivery of FPSO contracts.
