BW Offshore’s work on the Hibiscus find suggests it may hold 40-50 million barrels, up from the initial estimate of 12mn barrels.
The Energean Power hull has undocked from the COSCO shipyard, in Zhoushan, China, and floated out.
Vaalco Energy has set out formal plans to list on the London Stock Exchange’s main market. The listing should take place by September 30.
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.
Japanese construction firm Modec has unveiled plans for two new models of floating production, storage and offloading (FPSO) vessels - Noah and M350.
After months of setbacks, Hurricane Energy has successfully hooked up its production vessel to its huge Lancaster field west of Shetland.
A total of 33 floating production, storage and offloading (FPSO) vessels will be sanctioned between now and 2021, according to a new analyst forecast.
North Sea work is helping bring the global FPSO market “back to life” according to a new report from Rystad Energy.
Aberdeen-based Innospection has partnered with Shell on a £6.8 million scheme to develop robots to inspect tanks of floating production, storage and offloading vessels (FPSOs).
Kintore-based Marine Technical Limits have appointed a new Lead Naval Architect to expand their services.
Shell revealed today that it had taken a final investment decision (FID) on the redevelopment of the Penguins area in the UK North Sea.
The floating production, storage and offloading (FPSO) vessel for the Catcher field in the UK North Sea has arrived in the Cromarty Firth.
Premier Oil’s Catcher FPSO has commenced its maiden journey to the North Sea, it was today confirmed.
A North Sea production vessel contracted on behalf of energy giant Shell was found to have a backlog of nearly 500 mechanical corrosion and defect reports during a recent safety inspection.
EnQuest made a marginal profit last year after streamlining its operations by reducing overheads and increasing production.
The Norwegian Petroleum Safety Authority (PSA) said “serious breaches” have been identified after an investigation in an accident involving a worker on the Goliat field.
Oil major Chevron could launch a new tender for its Rosebank FPSO (Floating Production, Storage and Offloading) vessel after it terminated its order for with Hyundai Heavy Industries (HHI) last month.
An audit carried out on Shell’s Knarr FPSO vessel have found a number of non-conformities.
Incredible footage has emerged giving a drone's eye view of the Glen Lyon FPSO.
Eni has held a naming ceremony for its Armada Olombendo floating production storage and offloading (FPSO) vessel in Singapore.
Tullow Oil said it has received confirmation from its insurers that they accept a recoverable claims for the Jubilee turret.
Teekay Offshore has been awarded new three-year shuttle tanker contracts of affreightment (CoA) with BP, Shell and OMV Group for the Glen Lyon FPSO.
Tullow Oil said it has received insurance cover for its floating, production, storage and offloading vessel (FPSO) Kwame Nkrumah.
Oil major Shell has revealed fresh footage of the Turritella floating production, storage and offloading vessel after it achieved first oil at the Stones development in the US Gulf of Mexico.
Keppel Offshore & Marine said it is on track to deliver a Floating Production Storage and Offloading (FPSO) veseel to Armada Kraken.