More than 2 million barrels per day of floating production system (FPS) throughput capacity could be sanctioned this year – the highest for more than a decade – according to analysis from Westwood Global Energy.
EPC Offshore said yesterday it wanted to recruit up to 40 people as part of plans to help operators get potential investments off the ground.
Oil and gas operator BG Group said yesterday it had started production from a UK North Sea field.
Fabricom, a GDF Suez Energy Services company with a significant presence in Aberdeen, has been awarded a contract by Marathon Oil Norge for provision of maintenance and modification services for the company's Alvheim floating production, storage, and offloading vessel (FPSO).
Aberdeen project-management firm EPC Offshore has started recruiting an additional 35 people for its offices in the city.
Eni Norge awards Apply Sørco a framework agreement for maintenance and modifications linked to the Goliat field in the Barents Sea.
Subsea 7 said yesterday it had been awarded an £18.6million contract by oil giant BP to support the redevelopment of its Schiehallion field, 108 miles west of Shetland.
Petrobras has issued a letter of intent to Modec and the Schahin Group for the supply, charter, and operation of a floating production, storage, and offloading vessel (FPSO) for the Lula-Iracema area of block BM-S-11 offshore Brazil.
Oil supermajor Shell said yesterday a deal taking its stake in the BP-operated Schiehallion field to 55% would give it access to extra reserves in its North Sea heartland.
US engineering contractor KBR has been awarded a FEED contract by an unnamed client to perform work for the topsides and hull associated with a new-build, double-sided, single-bottom hull floating production, storage, and offloading vessel (FPSO) destined for offshore Angola.
Keppel FELS Brazil has secured two contracts worth a total of about $950million from the Guara and Tupi fields consortia led by Petrobras.
SBM Offshore has received a letter of interim award from Shell for the supply, lease, and operation of a floating production, storage, and offloading vessel (FPSO) for the Fram field in the UK sector of the North Sea ... blocks 29/3c, 298a (P012), 29/9c, and 29/4c (P1664).
Wartsila Hamworthy has been contracted by Brazilian shipyard Ecovix-Engevix Construcoes Oceanicas to deliver inert gas generator units for eight floating production, storage, and offloading vessels (FPSOs) in the Santos Basin.
Oil giant Shell has agreed a deal that could see it increase its stake in the BP-operated Schiehallion field to nearly 50%.
Aberdeen-based oil and gas firm Ithaca Energy yesterday said all of its current and future developments would get a boost from the March Budget.
Marubeni, Mitsui and Mitsui OSK Lines (MOL) are to invest in a long-term charter business operated by Modec to provide a floating production, storage, and offloading vessel (FPSO) for operation offshore Brazil in the Cernambi Sul presalt area of the Santos Basin.
Drydocks World of Dubai has forged a strategic agreement with Saipem for collaboration on projects covering activities such as engineering support, procurement, vessel conversion, offshore fabrication, repair and life extension of vessels, and new building of floating storage and offloading vessels (FSOs) and floating production, storage, and offloading vessels (FPSOs).
Aberdeen project-management firm EPC Offshore said yesterday it hoped to grow significantly in 2012 after launching new services.
NORTH Star Shipping, a division of global shipping and energy services firm Craig Group, said it had secured more than £20million of new business and deal renewals.
PETROBRAS is tendering for the provision of topside modules for eight floating production, storage and offloading vessels, being built at Brazil's Engevix Engenharia. They are set for use on the Santos Basin BM-S-11 and BM-S-9 pre-salt discoveries. Total cost will be round $3.46billion.
EXXONMOBIL has decided to abandon its deepwater Xikomba field on block 15 offshore Angola, as it is no longer economically viable following seven years of production.
Canadian oil and gas company Ithaca Energy said yesterday it had raised another £100million to help accelerate development of the Greater Stella Area in the UK central North Sea.
RBG has announced the award of a £7million inspection, repair and maintenance (IRM) diving contract from Maersk Oil North Sea UK.
WEATHERFORD'S pipeline and speciality services group has been awarded a contract by Saipem for pre-commissioning services on the Urugua-Mexilhao pipeline in the Santos Basin, offshore Brazil. The company says the 18in, 174km long gas pipeline will link the floating production, storage and offloading vessel, Cidade de Santos - located on block BS-500 on the Urugua field in 1,372m water depth - to the existing Mexilhao gas platform.
SEVAN Marine and Premier Oil have signed up to a firm contract for the continued provision and operation of the floating production, storage and offloading vessel (FPSO), Sevan Voyageur, on the Shelley field in the Central North Sea (blocks 22/2b and 22/3a).