Namibia expects the first oil from major offshore finds by 2030 and is considering a Floating Production Storage and Offloading (FPSO) platform to help it export the crude oil, its petroleum commissioner said on Wednesday.Namibia, which has yet to produce any oil and gas鈥
Dutch firm SBM 云顶赌场老虎机 said Friday it had won contracts to perform front-end engineering and design (FEED) for a floating production, storage, and offloading vessel (FPSO) for the ExxonMobil-led Whiptail development project in Guyana.Following鈥
Italy's Eni hopes to reach a final investment decision on its second floating liquefied natural gas (LNG) project in Mozambique by the end of June next year, two sources directly involved with the project said on Tuesday.Its first LNG project鈥
Singapore-based Dyna-Mac has secured several contracts, including an order to construct topside modules for an FPSO vessel.Dyna-Mac said that it had recently secured contracts worth a total provisional sum of S$88.0 million from unnamed repeat customers鈥
French oil major TotalEnergies has sold a 40% interest in the offshore Block 20 in the Kwanza Basin in Angola to Malaysia's Petronas.The transaction was completed for an amount of $400 million as at January 1st, 2023, subject to customary price adjustments鈥
Norwegian oil and gas company Equinor and its UK-based partner Ithaca Energy said Wednedsay they had taken the final investment decision to progress Phase 1 of the Rosebank development on the UK Continental Shelf, together investing $3.8 billion in the development鈥
Bumi Armada Berhad, a Malaysian company known for its FPSO leasing business, said Monday it had, via its subsidiary Armada Akia B.V (鈥淎ABV鈥) and its co-bidder, Pexco Tarakan NV, signed a Production Sharing Contract with the Ministry of Energy鈥
Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline.'SP Energy, India鈥檚 sole specialist in designing, building, owning and operating鈥
Norwegian oil and gas company Equinor has submitted declarations of commerciality and plans of development for two fields in the BM-C-33 concession in the Campos Basin, offshore BrazilEquinor is the operator of the BM-C-33 offshore concession with a 35% stake鈥
Brazilian oil and gas company Enauta, the operator of the Atlanta field in Santos Basin. offshore Brazil, has started the anchoring campaign for the FPSO Atlanta, which is expected to start production in 2024.This marks the start of installation works on what is called Atlanta鈥檚 Phase I鈥
Costs at Equinor-operated Johan Castberg offshore field development project have increased by almost NOK 13 billion (currently $1,2 billion) since last year, but the production start-up date remains unchanged and is still slated for the fourth quarter of 2024鈥
UK North Sea-focused oil and gas company Orcadian, which is working to develop the Pilot oil field, has entered into a non-binding Heads of Agreement with an unnamed North Sea operator, which details a potential farm-out of the Pilot development project鈥
After several short-term charter extensions, the Norwegian FPSO leasing firm BW 云顶赌场老虎机 has closed the transaction for the sale of the Abo FPSO.BW 云顶赌场老虎机 will sell the FPSO to STAC Marine 云顶赌场老虎机 Limited, a member of the Nigerian Transport Group (STAC) for $20 million鈥
TotalEnergies will begin studies for developing a $9 billion oil and gas project at Suriname's most promising offshore area, the French energy firm said on Wednesday during a visit by its CEO to the South American country.CEO Patrick Pouyanne鈥
Mediterranean-focused oil and gas producer Energean aims to double its size in the coming years, including through expansion of production in Israel, CEO Mathios Rigas said on Thursday.The company reported a 41.2% slump in first-half profit鈥
