RockRose Energy is working to find out whether the Bleo Holm FPSO, producing for the Ross and Blake fields in the UK North Sea, should be replaced or its life extended.
Eni and Angola’s Sonangol have started oil production from the Ochigufu project, in Block 15/06 of Angola’s deep offshore.
Brazilian competition regulator has reportedly given its approval to Statoil to acquire part of Petrobras-owned interest in the Roncador field offshore Brazil.
Brazilian oil company Petrobras has exercised a one-year extension of the contract for the BW Offshore-owned FPSO Cidade de São Mateus.
Brazilian oil giant Petrobras has decided to sell its total stake in two deepwater assets offshore Brazil.
Golar LNG Limited confirmed on Monday that first production of LNG has successfully started from the Hilli Episeyo FLNG located offshore Cameroon.
Aker Solutions has been awarded a contract from Statoil for modification work on the topside of the Åsgard A production vessel offshore Norway.
FLNG projects require significant capital investments, thus access to financing is a critical contributor to project sanctioning and success.
Greek oil company Energean Oil & Gas has signed an agreement with four international banks for financing the development of Karish, part of the company’s flagship Karish and Tanin project offshore Israel.
Norwegian oil services company Aker Solutions is preparing to start building components for the Statoil-operated Johan Castberg development located in the Barents Sea offshore Norway.
Emerson has completed its multi-year automation project for BP’s Glen Lyon floating production, storage and offloading (FPSO) vessel west of Shetland.
Brazilian oil company Petrobras saw a drop in its oil production in January when compared to December figures.
FPSO operator BW Offshore returned to profit in the fourth quarter 2017 while its revenues for the quarter nearly halved when compared to the same period of 2016.
ALP has been selected by Interoil and Saipem to provide five vessels to perform tow assistance and heading control services for the Kaombo project.
