Floating Liquefaction and Regasification Report And Online Database

  • Annual reports -- Our new 150-page report is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.
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PetroRio Nears Full Takeover of Frade Offshore Field. Decom Costs Cut

Brazilian oil company PetroRio has received regulatory approval to acquire a 30% stake in the Frade oil field in the Campos Basin offshore Brazil from Petrobras. The company expects that the procedures for the assignment of 30% interest to PetroRio will be completed in the upcoming days.

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FAR, Woodside Sign Senegal Assets Sale Deal

Australian oil and gas company FAR has executed the sale agreement with Woodside for its interest in the Senegal RSSD Project to Australia's Woodside. FAR had agreed to sell its Senegal interests, containing the Sangomar development , to India's ONGC Videsh in November 2020.

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Petrojarl Banff FPSO to Be Recycled in Denmark

M.A.R.S. Europe said it has been awarded a contract by Teekay Petrojarl Floating Production UK Ltd. for dismantling and recycling of the Petrojarl Banff floating production, storage and offloading unit (FPSO). The deal includes engineering, preparation…

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Exxon Strikes Out at Hassa-1 Offshore Guyana

Exxon Mobil Corp said on Friday that its latest exploration well in the prolific Stabroek block off Guyana's coast did not find oil in its target area, the second setback to its drilling campaign in recent months. Exxon, which operates the Stabroek…

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VR Training for BP's Greater Tortue Ahmeyim Personnel

Oil major BP has hired Aberdeen-based offshore training company, Survivex, to develop and deliver a four-week training program for the operational personnel on the Greater Tortue Ahmeyim development project in Senegal/Mauritania offshore area.

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Two Die in Incident Aboard BW Offshore FPSO in Ivory Coast

Two people died Thursday in an incident aboard BW Offshore's FPSO Espoir Ivoirien, offshore the Ivory Coast, the FPSO owner has informed. "At 13:30 local time today, an incident occurred whilst work was being performed in a cargo tank onboard…

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Oil Rises to 11-month High

Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia's plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand. Brent crude settled up 92 cents, or 1.7%, at…

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Shell's Prelude FLNG Restarts LNG Shipments

Shell's Prelude LNG, the world's largest floating  liquefied natural gas (FLNG) project, offshore Australia, has resumed LNG cargo shipments,  almost one year after a shutdown caused by an electrical trip. In a brief statement sent to Offshore Engineer…

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TMC to Deliver Compressors for Shell's Bonga FPSO

TMC Compressors (TMC), a Norway-based provider of compressed air systems for the marine and offshore industry, has won a contract to supply a complete offshore topside compressed air system to Shell's Bonga Main FPSO in Nigeria. TMC will deliver…

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Petrobras Says 2020 Oil Output Averaged Record 2.28 Million BPD

Brazil's state-run oil company Petrolero Brasileiro SA produced a record 2.28 million barrels of oil per day on average in 2020, according to a securities filing on Thursday. The combined oil and natural gas output of Petrobras, as the company is known…

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Suncor to Record Impairment Charge on White Rose Assets

Canadian energy company Suncor will record in the fourth quarter of 2020 a non-cash after-tax impairment charge of approximately $425 million on its share of the White Rose asset and West White Rose Project in the Jeanne d’Arc basin off Newfoundland and Labrador.

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Saudi Cuts Drive Oil to 11-month High

Oil prices were steady on Thursday after hitting fresh 11-month highs on a fall in U.S. stockpiles and in the wake of a pledge by Saudi Arabia to cut output by more than expected. Brent crude was up 5 cents to $54.35 a barrel at 1231 GMT after touching $54.90…

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Chiyoda to Design Floater for Kumul Petroleum in PNG

Japanese engineering and construction company Chiyoda has won a deal to design, develop, and engineer a Floating, Storage, Re-gasification and Power Generation unit in Papua New Guinea ("PNG") for Papua New Guinea’s national oil and gas company Kumul Petroleum.

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SOFEC Cuts First Steel for Sangomar FPSO Turret

Mooring systems provider SOFEC has cut the first steel for the turret mooring system being built for the Senegal-bound Sangomar field FPSO. SOFEC is responsible for all engineering, procurement, and construction (EPC) activities related to the…

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Eni Extends Abo FPSO Contract

Italian oil company Eni has extended the contract for BW Offshore's Abo Floating Production Storage Offloading (FPSO) vessel. BW Offshore, the owner of the FPSO, said Monday it had signed the extension with Eni's subsidiary Nigerian Agip Exploration.

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Oil Slips, Set for 20% Annual Drop in Tumultuous 2020

Global crude prices slipped on Thursday and lost more than a fifth of their value in volatile trade in 2020, as lockdowns to combat the novel coronavirus depressed economic activity and slammed fuel demand. Still, Brent and U.S. crude benchmarks have more than doubled from April's decade lows.

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ABS Rubberstamps MODEC's New FPSO Hull Repair Method

Japanese FPSO contractor MODEC's new offshore repair method for FPSO hulls has received approval by the American Bureau of Shipping (“ABS”) as an original standard repair method. The offshore repair method was developed by MODEC and Toray Industries.

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Wison's FLNG Designs Get ABS AiP

Wison Offshore and Marine's standardized 1.3MTPA and 3.0MTPA floating liquefied natural gas (FLNG) designs have received Approval in Principle from the American Bureau of Shipping (ABS). ABS Vice President, Global Gas Solutions, Patrick Janssens…

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SBM Offshore, Shell Extend Brazil FPSO Term. SBM in Talks with Exxon Over Guyana Extensions

Oil giant Shell has extended the contract for the lease of SBM Offshore's Espirito Santo FPSO in Brazil. SBM Offshore is also in talks with ExxonMobil to extend the FPSO terms in Guyana. The Dutch FPSO operator said Wednesday that the lease…

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Brazil: Enauta Takes Ownership of Atlanta Offshore Field, as Barra Exits

Brazilian oil company Enauta has agreed to take full ownership of the working interest in Block BS-4, offshore Brazil, where the producing Atlanta field is located. The company, previously known as Quireoz Galvao, opted to take over an additional…

OMV Group OMV Group Logo
n September 2011 the OMV Executive Board presented a revised strategy based on the pillars of "growth ? integration ? change ? performance". The profitable growth strategy will allow OMV to develop into an integrated, international company focused on oil and gas with clearly improved profitability…
PA Resources PA Resources Logo
PA Resources' business consists of the acquisition, extraction and sale of oil and gas reserves, as well as exploration to find new reserves. The production of oil generates an important cash flow that makes possible the investments required to increase our reserves and thereby the value to shareholders.
PetroVietnam Oil Corporation PetroVietnam Oil Corporation Logo
1. Establishment: PetroVietnam Oil Corporation (PV OIL) is a subsidiary of Vietnam National Oil and Gas Group (PetroVietnam), established pursuant to Decision No. 1250/QD-DKVN dated 6th June 2008 of the Board of Directors of PetroVietnam, consolidation of PetroVietnam Trading Company (Petechim)…
Eni Eni  Logo
Mission:We are a major integrated energy company, committed to growth in the activities of finding, producing, transporting, transforming and marketing oil and gas. Eni men and women have a passion for challenges, continuous improvement, excellence and particularly value people, the environment and integrity.
Perenco Perenco Logo
Perenco is an independent oil & gas company with operations in 15 countries across the globe, ranging from Northern Europe to Africa and from South America to Southeast Asia. Perenco is involved in operations both onshore and offshore.
EMSA Petroleum EMSA Petroleum Logo
Husky Energy Husky Energy Logo
Husky Energy is one of Canada's largest integrated energy companies. It is headquartered in Calgary, Alberta, and is publicly traded on the Toronto Stock Exchange under the symbols HSE and HSE.PR.A. The Company operates worldwide with Upstream and Downstream business segments. Husky's balanced…
OMNI Oil & Gas OMNI Oil & Gas Logo
OMNI Oil & Gas is an oil exploration and production company focused on the Navarro and Taylor formations throughout central and south Texas. OMNI specializes in shallow well enhanced recovery operations through the implementation of pressure maintenance systems. A recognized leader in drilling…
Pertamina Pertamina Logo
As a state-owned company To carry out integrated business core in oil, gas, renewable and new energy based on strong commercial principles both inside and outside the country, Pertamina strives to provide the best and a real contribution to the welfare of the nation in utilizing every potential of Indonesia.
Perenco oil an dGas Company Perenco oil an dGas Company Logo
Perenco is an independent oil & gas company with operations in 15 countries across the globe, ranging from Northern Europe to Africa and from South America to Southeast Asia. Perenco is involved in operations both onshore and offshore. Perenco currently produces approximately 375,000 boepd…