Vår Energi has awarded a contract covering EPCI of subsea systems for the Balder X project to a consortium of Baker Hughes, a GE company (BHGE), and Ocean Installer.
Malaysian FPSO supplier Yinson saw its revenue and profit decline in the second quarter of 2019, but it is optimistic about near-term FPSO contract opportunities.
Bumi Armada has received financing commitments of up to $75 million from a major shareholder to fund its offshore projects in India and Malta.
Dutch offshore vessel owner Smit Lamnalco has won a $200 million, 10-year contract to provide services for Coral South FLNG offshore Mozambique. Smit Lamnalco, a 50% affiliate of Boskalis, will provide integrated marine services to what will be Mozambique’s FLNG unit, operated by Eni. “This marks th
Yinson-PTSC JV has lost a $1 billion contract for the supply of an FPSO for Repsol’s Ca Rong Do field offshore Vietnam, due to “prolonged force majeure.”
Spanish oil company Repsol has terminated a contract with U.S. firm Dril-Quip
Sembcorp Marine’s Brazilian shipyard, Estaleiro Jurong Aracruz, has completed an FPSO project for Petrobras.
RigNet has been awarded a multi-year agreement with the GPC to deploy its analytics platform onboard an FPSO vessel.
Malaysian FPSO provider Bumi Armada has sold its FPSO Armada Perdana for a price of $40 million.
Dutch FPSO provider SBM Offshore has signed a long-term FPSO supply agreement with ExxonMobil, covering potential future FPSO orders.
National Oilwell Varco has won an order to deliver a submerged turret production system for an FPSO to be deployed in India.
Singapore’s offshore rig builder Sembcorp Marine has won a contract with Shapoorji Pallonji and Bumi Armada to convert a VLCC into an FPSO for a project in India.
Subsea 7 has been awarded a sizeable contract by Total E&P do Brasil for the development of the Lapa North East field located offshore Brazil.
TMC Compressors of the Seas (TMC) has been awarded a contract to supply a compressed air system to Golar LNG’s Gimi FLNG vessel, which will operate offshore Mauritania and Senegal.
