Stories

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Montara Umbilical Cables Replaced

September 26, 2019

Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia. The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…

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Energean Power FPSO Floated Out

September 23, 2019

A timelapse video from Energean shows the floating production, storage and offloading unit (FPSO) Energean Power being built over 10 months and then floated out from a COSCO shipyard in Zhoushan, China. The FPSO, which floated out in mid-September…

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P-68 FPSO Ready for Deployment

September 17, 2019

The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced. The vessel…

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Kvaerner Eyes FPSO, Renewables Growth

September 16, 2019

Norwegian engineering and construction services company Kvaerner said it will ramp up its focus on floating production and renewables projects in an effort to achieve 40% growth within two years. Going forward, Kvaerner will expand operations…

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API Issues New Integrity Management Rules

September 10, 2019

The American Petroleum Institute (API) published three new integrity management (IM) standards for operating offshore floating production platforms, including facilities designed to produce natural gas and oil, and export liquefied natural gas (LNG).

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Brazil Sells Rights in Minor Oil Areas

September 10, 2019

Brazil auctioned off the exploration rights to 33 minor onshore and offshore oil and gas blocks on Tuesday, in what authorities framed as a bid to boost the industry outside of the nation's core, offshore pre-salt play. At an event in downtown Rio de Janeiro…

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RigNet Wins FPSO Analytics Job

September 10, 2019

Networking solutions provider RigNet said it has secures a multi-year agreement with Galoc Production Company (GPC) to deploy its machine learning-based analytics platform on board the floating production storage and offloading (FPSO) vessel Rubicon Intrepid…

Bumi Armada Sells FPSO for $40m

September 9, 2019

Malaysian oilfield services company Bumi Armada Bhd has managed to find a buyer for its floating production storage and offloading (FPSO) vessel Armada Perdana in Nigerian company Century Energy Services (CESL) for RM167.17 million (US$40 million).

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SBM Inks Long-term FPSO Deal with Exxon

September 6, 2019

SBM Offshore and ExxonMobil signed a Long-Term Agreement covering potential future floating production, storage and offloading unit (FPSO) orders. This agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering…

Golar LNG Orders Compressed Air System from TMC

September 5, 2019

Norwegian company TMC Compressors of the Seas (TMC) has is to supply a compressed air system for a Golar LNG floating liquefied natural gas (FLNG) vessel. TMC will manufacture and deliver seven large Smart Air compressors to be installed on…

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NOV to Supply STP System

September 4, 2019

National Oilwell Varco, a provider of equipment and components used in oil and gas drilling and production, announced new contract award for submerged turret production (STP) system. APL, part of NOV's Completion & Production Solutions segment…

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Woodside Resumes Vincent Exports

September 3, 2019

Woodside Petroleum has offered the first Vincent crude cargo for export since production resumed at the $1.9 billion Greater Enfield project off western Australia, two trade sources with direct knowledge of the matter said on Tuesday. Output at the Vincent field…

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Petrobras Produced 3.0 Mbbpd in August

September 3, 2019

Brazilian state-run oil company Petroleo Brasileiro SA produced 3.0 million barrels of oil equivalent per day (boepd) on average in August, according to a securities filing on Tuesday, up 21.6% from the same period a year ago. Petrobras, as the company is known…

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Brazil Oil Production Jumps 7% in July

September 3, 2019

Brazilian oil production increased to 2.77 million barrels per day (bpd) on average in July, up 7% from a year earlier, local oil and fuels regulator ANP said on Monday. Natural gas production also increased by 7% in July from the same month last year to 124 million cubic meters, ANP said.

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Petrobras Announces Polo Garoupa Fields Sale

September 3, 2019

Brazil's state-run oil company, Petroleo Brasileiro SA, announced the binding phase of the sale of its 11 oil fields in shallow waters of the Santos basin and collectively known as Polo Garoupa. Petrobras said in a securities filing that oil fields called Anequim…

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Subsea 7 Wins Contract from Total in Brazil

September 2, 2019

Subsea 7 today announced the award of a contract by Total E&P do Brasil for the development of the Lapa North East field located approximately 300 kilometers off the coast of the State of São Paulo, at 2,150 meters water depth in the pre-salt Santos Basin.

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Liza Destiny FPSO Reaches Guyana

September 2, 2019

American petroleum company Hess Corporation said that the Liza Destiny floating, production, storage and offloading (FPSO) vessel has arrived at the closely watched Stabroek Block offshore Guyana after a 42-day journey from Singapore. Liza Destiny…

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2P Reserves at Dussafu PSC Increased 89%

August 29, 2019

Panoro Energye announced an 89% increase in 2P oil reserves at the Dussafu Production Sharing Contract (Dussafu PSC), offshore Gabon. A mid-year update report from independent reserves auditor Netherland, Sewell & Associates Inc. (NSAI) on certain…

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Sembcorp Marine Wins Cambo FEED Contract

August 29, 2019

Operator Siccar Point Energy said it has awarded an exclusive front-end engineering and design (FEED) contract to Sembcorp Marine for the design of a Sevan cylindrical floating production, storage and offloading unit (FPSO) for its Cambo field development on the UK Continental Shelf.

Vaalco to Begin Gabon Drilling in Sept

August 29, 2019

The hydrocarbon exploration company Vaalco Energy is set to begin a drilling program off Gabon following a successful full-field maintenance shutdown at the Etame Marin licence. The Houston-based energy company provided an operational update…

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KNOT Signs Charter Contract with Total

August 28, 2019

Knutsen NYK Offshore Tankers AS (KNOT), a NYK Group company, has concluded a time-charter contract for a maximum 15-year period starting from 2021 for a shuttle tanker with French oil and gas giant Total for its Brazilian activities. The contract aims to use a 152…

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