The PSA has found irregularities during an audit of Teekay Petrojarl and Petrojarl Knarr FPSO concerning structures and marine barriers.
Subsea 7 has been awarded a sizeable contract by Shell for the Pierce depressurization project, located approximately 160 miles offshore, east of Aberdeen.
The hull of Energean Oil and Gas’ Energean Power FPSO has been undocked and floated out from the COSCO Shipyards’ dock.
Malaysia’s FPSO provider Yinson has been awarded a contract extension for its Lam Son FPSO for operations on the Lam Son field, located offshore Vietnam.
Dutch SBM Offshore will bid for an interest in five Brazilian FPSOs put up for sale by Constellation, previously known as Queiroz Galvão Óleo e Gás S.A.
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.
