BW Offshore has struck a bareboat charter with STAC for two months maximum. After that time, STAC will take full responsibility for the FPSO.
The floating storage production and offloading (FPSO) unit for the Santos-led (ASX:STO) Barossa project is almost three quarters of the way there.
Oil firm EnQuest and vessel owner BW Offshore have both secured multi-million pound loans to finance ongoing operations.
Tullow expects the operator to carry out new drilling in 2025. The plans is for seven infill wells, two producers on West Espoir and two producers and three injectors on East Espoir.
BW Offshore has sold off another of its floating production vessels and appointed a new chief strategy officer as it continues its repositioning efforts.
BW Offshore has signed an agreement for the sale of the BW Opportunity to an undisclosed third party, amid a series of planned vessel divestments.
The floating storage production and offloading (FPSO) unit for the Santos-led (ASX:STO) Barossa gas and condensate project – that will backfill the Darwin LNG export plant - offshore northern Australia is 40% finished as of July.
BW Offshore’s strategy for recycling its end-of-life floating production storage and offloading (FPSOs) units has been criticised following a fatality at a ship breaking yard in India. BW is one of the largest operators of FPSOs for the oil and gas sector, but its decommissioned units are being dismantled in yards with questionable health, safety, and environmental credentials.
Singapore yard Keppel Offshore & Marine (Keppel O&M) has been awarded two integration FPSO integration contracts worth S$250 million ($180 million) from BW Offshore and Single Buoy Moorings (SBM).
A worker reportedly lost his life while scrapping an FPSO unit, formerly owned by Oslo-listed BW Offshore (OL:BWO), at an Indian beaching yard on 21 April, according to a report from an NGO. However, BW Offshore denied the report, and said Wednesday that the incident “was unrelated to the ongoing recycling of former BW Offshore FPSOs at the yard.”
BW Offshore has been ordered to improve after workers were put in serious danger on Harbour Energy’s (LON: HBR) Catcher field.
Floating production storage and offload (FPSO) vessel operator BW Offshore will take a $66.6 million impairment on the value of several of its vessels, amid a poor outlook for future redeployments.
BW Offshore has signed a deal to recycle its BW Cidade de São Vicente at a yard in India, in compliance with the Hong Kong International Convention.
Saipem and BW Offshore are among a host of companies that have been shamed for sending their vessels to the “infamous shipbreaking beaches of South Asia”.
BW Offshore has signed a deal to sell its FPSO BW Joko Tole to a group of Indonesian companies that will free up cash to pursue other investments. However, the FPSO was sold at a loss.
With the results of the first ScotWind offshore licensing round now imminent, it is perhaps worth having a wee cogitate about what the sustainable benefits or otherwise could accrue to Scotland.
Keppel Offshore & Marine has been awarded work for the conversion of a floating storage and regasification unit (FSRU) and the integration of a floating production storage and offloading vessel (FPSO).
Norway's BW Offshore (OL:BWO) said that the Barossa floating production storage and offloading (FPSO) vessel project for Santos (ASX:STO) is experiencing some cost increases due to price inflation for materials.
FPSO specialist BW Offshore has teamed up with power generation firm Invenergy on a joint venture targeting projects from the ScotWind leasing round.
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.
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 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 has signed the FPSO Berge Helene over for demolition and recycling in India, the company said.
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).
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.