Singapore rig builder Keppel Offshore & Marine has received a request for arbitration from an unnamed counterparty relating to two engineering, procurement and construction (EPC) contracts for floating production storage and offloading units (FPSOs).
Australia is seeking expressions of interest for the Northern Endeavour FPSO decommissioning project. Significantly, this could provide North Sea players the perfect opportunity to get a foothold in the rapidly expanding Australian decommissioning market.
Australia’s Santos today announced that its large Dorado oil project offshore Western Australia has started the front-end engineering and design (FEED) phase. Santos is also seeking buyers for a share in the development, which has a “very low” carbon dioxide footprint and is expected to initially cost $2 billion.
Energean has pushed back the expected start of operations at its Karish project, offshore Israel, owing to delays in Singapore, while also approving more Karish North work.
Subsea 7 has won a contract with Petrobras for development of the Mero-3 field off Brazil.
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.
Singapore’s Keppel Offshore & Marine (Keppel O&M) will build one of the world’s largest floating production storage and offloading (FPSO) vessels for Brazil’s Petrobras after winning a contract worth $2.3 billion.
BW Offshore has signed the FPSO Berge Helene over for demolition and recycling in India, the company said.
Woodside Energy has increased the cost of its Sangomar project to $4.6 billion, gross, from $4.2bn.
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.
Write-downs on the value of its vessels saw Aberdeen-headquartered FPSO firm Altera Infrastructure more than double its pre-tax losses in 2020.
Hibiscus Petroleum has said it has now entered into “exclusivity arrangements” on an FPSO for its Marigold project in the North Sea.
Fluor plans to sell off its Stork asset within the next 12-18 months, the company said, while also moving the unit’s results into discontinued operations in the first quarter of this year.
Dutch shipbuilder SBM Offshore has seen underlying revenues increase by 16% thanks to major orders for FPSO vessels in Guyana.
Kishorn Port Limited (KPL) has submitted plans to extend its drydock for decommissioning of oil and gas FPSO vessels.
Work is underway to move the EnQuest Producer FPSO to the Cromarty Firth.
Akselos has celebrated the launch of a “digital twin” for Shell’s Bonga floating production, storage and offloading (FPSO) vessel.
The Dalia floating production, storage and offloading (FPSO) vessel has produced 1 billion barrels of oil, offshore Angola.
The UK North Sea will see the world's second-highest deployment of FPSO vessels in the next five years, according to new analysis.
The Shell Penguins redevelopment is making progress with the arrival of three huge subsea structures in Invergordon.
The Shell Curlew FPSO (floating production storage and offloading vessel), which had been moored in Dundee for decommissioning work, has left the port.
Around 40% of offshore oil and gas maintenance work fulfilled by Floating Production Storage and Offloading (FPSO) vessel operators is “unnecessary”, according to a UK energy consultancy firm.
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.
EnQuest has announced it has officially ceased production at a pair of North Sea fields, with its FPSO due to sail away in September.
Hibiscus Petroleum plans to move ahead with its Marigold project in the UK North Sea next year, with safeguards against delays around Covid-19.