Invenergy and BW Offshore team up to target ScotWind projects
FPSO specialist BW Offshore has teamed up with power generation firm Invenergy on a joint venture targeting projects from the ScotWind leasing round.
BW Offshore
Vaalco lines up new FSO provider
Vaalco Energy has signed a binding letter of intent (LoI) with World Carrier Offshore Services to provide a floating storage and offloading (FSO) vessel offshore Gabon.
Record number of FPSO leases on course for expiry in 2022, Westwood Global says
As many as 30 FPSO units could be back on the shelf by the end of next year, according to new analysis from Westwood Global Energy Group.
Vaalco eyes shift from FPSO to FSO with Omni
Vaalco Energy has signed a deal for a new floating storage and offloading (FSO) unit at its Etame Marin field, replacing BW Offshore with Omni Offshore Terminals.
BW Offshore to scrap Berge Helene at Indian yard
BW Offshore has signed the FPSO Berge Helene over for demolition and recycling in India, the company said.
Santos’ Barossa LNG emissions create major risks for shareholders
Santos’ proposed offshore Barossa gas field development off Australia’s Northern Territory has the unfriendly tag of having more carbon dioxide than any gas currently made into liquefied natural gas (LNG), finds a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Santos hands out FPSO deal for $3.6bn Barossa LNG scheme
Australia’s Santos has awarded the biggest contract tied to its $3.6 billion Barossa liquefied natural gas (LNG) project in northern Australia that will backfill Darwin LNG. This offers a strong signal that a final approval for the scheme is imminent.
BW Offshore, Ideol joint floating wind venture begins trading
Ideol and BW Offshore’s new joint venture (JV) has celebrated its first day of trading on the Oslo stock exchange.
Two die on Espoir Ivoirien FPSO
An accident on the Espoir Ivoirien floating production, storage and offloading (FPSO) vessel, offshore Cote d’Ivoire, has caused two deaths.
No more FPSO orders in 2020
No more floating production, storage and offloading (FPSO) vessels will be ordered this year, Rystad Energy has predicted.
Okwori FPSO attacked offshore Nigeria
An attack has taken place on a floating facility offshore Nigeria, Dryad Global has reported, saying as many as 11 people may have been kidnapped.
BW scales back IPO plans on coronavirus chill
Plans for an IPO for marginal field-developer BW Energy have been pushed back – and pricing scaled back – in light of financial volatility, blamed on the coronavirus in China.
BW Energy sets out IPO pricing
BW Energy expects to price shares in its IPO at 34.2-36.6 Norwegian krone ($3.74-4), valuing the company at $700-750 million.
BW Energy plans Oslo IPO this quarter
BW Offshore intends to hold an IPO of its BW Energy unit, which is producing oil in Gabon, in the first quarter of 2020 on the Oslo Stock Exchange.
Tullow’s Dussafu back-in dispute
Tullow Oil has exercised its back-in right for a 10% stake in Gabon’s Dussafu production-sharing contract (PSC), although the amount payable is under dispute.
BW doubles up Gabonese production plans
BW Offshore plans to double production from the first phase of the Ruche development to 30,000 barrels per day.
Hibiscus sidetrack flowers for BW
BW Offshore’s work on the Hibiscus find suggests it may hold 40-50 million barrels, up from the initial estimate of 12mn barrels.
BW Energy plans Gabon growth
BW Energy is planning to reach a final investment decision (FID) on its Ruche development, in Gabon’s Dussafu licence, in the last quarter of the year. Further growth is expected to come from August’s Hibiscus discovery. The company continues to hold the Kudu gas project, in Namibia, but like many others before it, progress appears slow.
BW Group CEO resigns for personal reasons
International maritime services company BW Group today announced that Group CEO Carsten Mortensen has resigned from the company.
First Tortue development well completed
BW Offshore said today that the first development well had been completed at the Tortue field, within the Dussafu license, offshore Gabon.
Sodexo wins North Sea deals worth £4m
French catering and facilities management firm Sodexo has won two new contracts worth a combined value of £4million.
Premier Oil’s Catcher FPSO arrives
The floating production, storage and offloading (FPSO) vessel for the Catcher field in the UK North Sea has arrived in the Cromarty Firth.
BW completes acquisition
BW Offshore's subsidiary BWEG today completed its acquisition of Harvest Energia B.V for $32million in cash.
Norway and China team up on North Sea FPSO project
Norwegian ship owner BW Offshore has joined forces with a Chinese financial leasing firm in an effort to make big waves in the FPSO market.
BW Offshore makes Gabon acquisition
BW Offshore has struck a deal with PPGBV to acquire a 25% working interest in the Dussafu production sharing contract in Gabon.