BW Offshore nearly tripled its quarterly profit despite negative impact of a $13 million charge due to termination of an FPSO charter in New Zealand.
Yinson’s FPSO Abigail-Joseph has set sail from Singapore to the Anyala & Madu fields in Block OML 83 & 85, offshore Nigeria, marking the completion of its conversion and a life extension phase.
Malaysia’s Bumi Armada has decided to file an appeal against the Supreme Court’s decision relating to the litigation with Australian energy giant Woodside over early termination of Bumi’s Armada Claire FPSO charter.
Keppel Offshore & Marine has said it has delivered the world’s fastest brownfield floating production storage and offloading vessel modification and upgrading project.
Aker Energy has entered into a Letter of Intent with Yinson to award a bareboat charter and an operations and maintenance contract for an FPSO vessel at the Pecan field, offshore Ghana.
Energean Oil and Gas has conducted a successful production test on the Karish Main-02 development well located offshore Israel.
Mime Petroleum has issued a NOK 300 million ($32.2M) senior unsecured bond with maturity in February 2025 ahead of the Vår Energi-operated Balder Future project in the North Sea.
Masirah Oil has completed the Yumna 1 well, located in Block 50 offshore Oman, and flowed first oil into the Aframax tanker.
Petronas’ second floating LNG vessel, the PFLNG Dua, has set sail from South Korea in its maiden voyage to the Rotan gas field, located offshore Sabah, Malaysia.
Australian government has hired Upstream Production Solutions to operate the Northern Endeavour FPSO following an unprecedented event in the offshore oil and gas industry in Australia where an oil and gas company has been placed into liquidation.
Dutch shipping company ALP Maritime Services has been selected by a joint venture between TechnipFMC and JGC to provide a spread of five vessels related to the Coral South project offshore Mozambique.
Aker BP has strengthened its position in the Skarv offshore area by swapping its interest in two licenses for an interest and operatorship in license which holds the Shrek discovery, near the Skarv field.
Premier Oil has filed its decommissioning program for the float-off of the Huntington field FPSO to the UK authorities.
Energean Oil and Gas still expects to remain on track to deliver first gas from its Karish and Tanin project offshore Israel in the first half of 2021 despite delays in China due to Coronavirus outbreak. Energean is working with its contractors to mitigate any delay.
