Malaysian FPSO provider Yinson has struck an $800 million refinancing deal with 13 banks.
Boskalis secures works for three semi-submersible transport vessels
A court in Bangladesh has ruled that the import, beaching, and shipbreaking of the North Sea Producer FPSO in Bangladesh is illegal, the NGO Shipbreaking Platform has said.
Energean has submitted to the authorities of the Republic of Cyprus applications to import and supply natural gas to Cyprus, starting in 2021.
Austria’s OMV will sell its 69% interest in the Maari Field offshore New Zealand to Jadestone Energy for $50 million, to focus on gas production in the country.
Petrobras has started oil and natural gas production at platform P-68 in the Berbigão field, in the Santos Basin pre-salt offshore Brazil.
British oil firm Premier Oil has said that its Catcher project offshore the UK has recently achieved cash payback – meaning it has offset the initial capital expenditure costs – 22 months after first oil.
Four Japanese companies have decided to proceed with the deepwater FPSO charter project for the Petrobras-operated Búzios pre-salt oil field located offshore Brazil.
Ithaca has acquired interests in the Captain, Alba, Erskine, Alder, Britannia, Brodger, Callanish, Enochdhu, Elgin/Franklin and Jade fields.
SBM Offshore has been awarded contracts by ExxonMobil to perform front end engineering and design for an FPSO for the Payara development project located in the Stabroek block in Guyana.
Offshore telecommunication services provider RigNet has signed a multi-year agreement with Petrobras to supply O3B VSAT technology to six of its FPSO vessels.
BW Offshore has found uncertainties related to payment of outstanding overdue hire and payment of future hire by Tamarind Resources for the FPSO Umuroa following Tamarind’s termination of the contract for the FPSO.
Malaysian FPSO supplier Yinson has secured another short term extension for the Lam Son FPSO in Vietnam.
The ExxonMobil-operated Liza-1 development, located in the Stabroek Block offshore Guyana, is now expected to start production through the Liza Destiny FPSO in December 2019, which is earlier than expected.
