BW Offshore has entered into an agreement to acquire 70% of the Maromba field offshore Brazil for a total acquisition cost of $90 million from Petrobras.
Vår Energi has entered into an agreement with Telenor Maritime to equip the Goliat field in the Barents Sea with 2G and 4G networks.
Japanese FPSO operator MODEC has reportedly sold the FPSO MODEC Venture 11 for scrap.
Malaysia’s FPSO and OSV leasing company Bumi Armada is parting ways with its Chief Executive Officer Leon Harland, who will be leaving the company on May 15.
After months of negotiations, Malaysia’s FPSO-operator Yinson and Nigerian oil company First E&P have executed a contract for an FPSO to be deployed offshore Nigeria.
Oil and gas major has awarded Golar LNG a contract for an FLNG unit to be deployed at the Greater Tortue Ahmeyim project offshore Senegal and Mauritania.
Brazilian oil company Petrobras has spilled oil in the Campos Basin offshore Brazil, after a hose rupture during an oil offloading from the P-58 FPSO.
Australia’s Woodside has awarded the front-end engineering design (FEED) contract for the SNE field development FPSO to Japan’s MODEC.
Brazilian oil company PetroRio is set to invest further into the Polvo field as part of the offshore field’s revitalization plan, which aims to increase the Polvo field’s recovery rates and extend its useful life.
Brazilian oil company Petrobras has started producing oil and gas from the P-76 FPSO in the Búzios field in the Santos Basin, offshore Brazil.
Babcock has been awarded a four-year framework contract for brownfield fabrication and modification projects on the BW Catcher, an FPSO vessel owned by BW Offshore.
Singapore’s offshore platform and rig builder Sembcorp Marine sees improvements in global spending on offshore exploration and production, however, it does not expect this to reflect on its near-term business volume.
BW Energy’s Tortue field reserves in the Dussafu block offshore Gabon have increased, Panoro, a partner in the field has said, citing independent resource report.
Norwegian oil and gas intelligence firm Rystad Energy expects 33 FPSO vessels to be sanctioned from 2019 to 2021 as oil and gas activity picks up.
