The Voyageur Spirit FPSO is on its way to the Kishorn Drydocks after leaving Premier Oil’s Huntington field in the North Sea.
Premier Oil has lost a $12.1m (£9.5m) legal dispute over a contract for the FPSO on the North Sea Huntington field.
Up to 100 jobs are thought to be at risk from Premier Oil's plans to terminate vessel owner Teekay’s contract for a North Sea field.
UK private equity-backed Alpha Petroleum has announced the completion of a deal to bring the Petrojarl Varg FPSO to the Cheviot field.
Teekay Offshore Partners is reviewing its legal options after Brazil’s Petrobras cancelled the charter for the flotel vessel Arendal Spirit.
North Sea operator Alpha Petroleum has edged closer to first oil from the Cheviot field after lining up a vessel.
Marine energy transport company Teekay Offshore slumped to net losses of $102.6million (£78million) in the second quarter after being hit by a cancellation charge for two flotels. Teekay booked a £33million writedown when it terminated the construction deals for the two so-called units for maintenance and safety (UMS) with the Cosco Shipyard in China. Revenues from vessel operations also suffered due to the Arendal Spirit UMS’s withdrawal from service for 71 days.