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.
  • Online database -- The online database is updated every day – with information direct from primary sources. The database is fully searchable. Customized charts and spreadsheets can be directly produced from the database.
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BP Suspends Output from Foinaven Fields as Long-Serving FPSO Petrojarl Foinaven Nears End of Life

British oil major BP has suspended production from the Foinaven fields west of Shetland in the UK, as the long-serving FPSO Petrojarl Foinaven through which the fields are producing oil is nearing the end of its 25-year design life, and will be removed from site.

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Australia: Santos Looking to Sell Down Stake in Dorado Offshore Oil Project

Australian gas producer Santos has hired Goldman Sachs to sell a 20%-30% stake in its Dorado oil project and Bedout exploration portfolio offshore western Australia, according to a sales document seen by Reuters and confirmed by the group. Dorado…

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Flare Structure Installed on Energean Power FPSO

Construction of the Energean Power FPSO, destined for Energean's Karish field off Israel, has recently reached what has been described as a "major milestone" with the installation of the flare on the FPSO in a Singapore shipyard. Technip Energies…

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Petrobras Suspends MODEC from Bidding for FPSO Projects

Brazilian national oil and gas company Petrobras has suspended Japanese FPSO specialist MODEC from bidding for new floating production storage and offloading vessel projects. The Japanese firm has also named a new CEO. MODEC, which sees Brazil as its main market…

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Floating Production Systems Market Bounces Back on Recovering Oil Prices

Orders for production floaters have bounced back over the past month driven by rising crude prices, according to Jim McCaul, head of offshore business intelligence firm World Energy Reports. McCaul bases his assessment on data in a new floating…

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CNOOC to Start Production from Lingshui 17-2 Offshore Field in H1 2021

China’s offshore oil and gas major CNOOC Ltd is expected to start production at Lingshui 17-2, a large deepwater natural gas deposit in South China Sea, in the first half of 2021, the company executive said on Thursday. Lingshui 17-2 is CNOOC’s first fully-owned deepwater gas project…

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Santos, BW Offshore Sign $4,6B Barossa FPSO Deal

Australian oil and gas company Santos has signed a contract with FPSO supplier BW Offshore for the delivery of an FPSO for the Barossa gas field, located 300 kilometers offshore Darwin in Australia. The contract is subject to Final Investment Decision (FID) by Santos and its partners…

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Anita Garibaldi FPSO to Feature TMC Compressors

Norway-based TMC Compressors has been awarded a contract to deliver a large marine compressed air system for the Brazil-bound FPSO Anita Garibaldi. The FPSO - to be delivered by Japan's MODEC in 2022- will be deployed at Petrobras' Marlim field in the Campos Basin.

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MODEC Orders Palfinger Cranes for Sangomar FPSO

Japanese FPSO company MODEC has ordered Palfinger cranes for an FPSO it is building for deployment at Woodside's Sangomar  development offshore Senegal. Palfinger said Tuesday it would deliver two wire luffing lattice boom cranes for the FPSO.

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Vår Energi Gets Nod to Use Marulk Field Subsea Infrastructure Until 2030 End

Norwegian oil and gas company Vår Energi has received regulatory approval to use the subsea facilities on the Marulk field in the Norwegian Sea beyond their original operating life. Vår Energi had consent for the operation of the Marulk field until December 31, 2021.

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FAR to Sell Senegal Oil Field Stake to Woodside, as Lukoil, Remus Offers Incomplete

Australian oil and gas company FAR said Friday it would sell its stake in offshore blocks in Senegal to Woodside, subject to the approval of its shareholders, as proposed company takeover offers made by Remus and Lukoil were incomplete. To remind…

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Oil Surges After OPEC+ Extends Cuts

Oil prices jumped about 3% on Friday, hitting their highest levels in over a year, following a stronger-than-expected U.S. jobs report and decision by OPEC and its allies not to increase supply in April. Brent futures rose $2.10, or 3.2%, to $68.84 a barrel by 11:25 a.m. EST (1625 GMT).

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Falkand Islands Gov't Gives More Time to Sea Lion Field Partners

The Falkland Islands government has agreed to extend the terms of several offshore oil and gas licenses, including the one containing the undeveloped Sea Lion field, oil and gas company Rockhopper has informed. To remind, Premier Oil, the operator of the Sea Lion development…

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PetroRio Buys Stake in Brazil Offshore Oil Field from Total

Brazilian oil and gas company PetroRio on Thursday said it had agreed to buy from Total a 28.6% stake in the Wahoo field, offshore Brazil. The field is located in the BM-C-30 Block, and the acquisition from Total, together with the interest in Wahoo PetroRio agreed to buy from BP…

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Offshore Oil and Gas project Commitments to Hit New Records, Rystad Says

Offshore oil and gas project commitments are expected to not only recover going forward, but their number is also set to reach a new record in the five-year period towards 2025 - cumulatively almost 600 projects - Rystad Energy, a Norwegian…

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Guyana: No Oil at Exxon's First Well in Canje Block

U.S. oil major ExxonMobil has failed to find commercial quantities of oil at the Bulletwood-1 offshore well in the Canje Block, offshore Guyana. The well, spudded on December 30, 2020, was drilled using the Stena Carron drillship and was the first well drilled in the 4…

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Fifth Petrobras Director to Follow CEO Out

A fifth board member at Brazil's Petrobras will step down, the company said as of Wednesday, and the state-run oil producer's shares tumbled more than 3% as management turmoil showed no signs of abating. A day earlier, four other board members stepped down at Petroleo Brasileiro SA…

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Saudi Aramco, Chevron Chiefs See Global Oil Demand Recovery

Global oil demand is recovering and could return to around pre-pandemic levels next year, the chief executive of Saudi Aramco told an oil and gas conference on Tuesday. Global demand for oil is likely to recover from the second half of the year…

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SOFEC Delivers Goods for FPSO Miamte MV34

Mooring systems provider SOFEC has informed that it has delivered the Upper Tower and Mooring Support & Yoke Structures for MODEC’s FPSO Miamte MV34 which will be deployed for Eni in Mexico. SOFEC was awarded a contract by MODEC in October 2018…

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ExxonMobil Announces Two Board Appointments

U.S.-based oil major ExxonMobil said on Monday activist investor Jeffrey Ubben and Michael Angelakis have joined its board. Angelakis is chairman and CEO of independent strategic investment company Atairos. Prior to founding Atairos, he served…

Oil and Natural Gas Corporation Limited Oil and Natural Gas Corporation Limited Logo
1947 ? 1960 years: History 1947-1960During pre-independence, the Assam Oil Company in the North-Eastern and Attock Oil company in North-Western part of undivided India were the only oil companies producing oil in the country. The major part of Indian sedimentary basins was deemed to be unfit…
Inpex Corporation Inpex Corporation Logo
Main business is Research, exploration, development, production and sales of oil, natural gas and other mineral resources,other related businesses and investment and lending to the companies engaged in these activities, etc.
PTT Exploration and Production Public Company Limited PTT Exploration and Production Public Company Limited Logo
PTTEP is a national petroleum exploration and production company dedicating to provide a sustainable petroleum supply to Thailand and the countries we operate as well to bring in foreign exchange earnings to our country. A top-ten publicly-listed company in the Stock Exchange of Thailand, PTTEP…
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.
Bumi Armada Berhad Bumi Armada Berhad Logo
umi Armada Berhad is a Malaysia-based international offshore oil field services provider that is a global FPSO player and among the top owners and operators of OSVs in Asia. The company provides services through the oil and gas value chain ? from exploration through to field development and construction…
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…
MC OFFSHORE PETROLEUM, LLC MC OFFSHORE PETROLEUM, LLC Logo
MC Offshore Petroleum, LLC is an owner and operator of Green Canyon 184 (the first TLWP in the Gulf of Mexico), Green Canyon 52A, Green Canyon 52CPP (a major production handling and processing hub in Green Canyon area for handling GC-52A, GC-184 and third party production), High Island 136…
Exxon Mobil Corporation Exxon Mobil Corporation Logo
ExxonMobil is the world?s largest publicly traded international oil and gas company. We hold an industry-leading inventory of global oil and gas resources. We are the world?s largest refiner and marketer of petroleum products, and our chemical company ranks among the world?s largest. We apply…
Pemex Oil and Gas Pemex Oil and Gas Logo
Mexico's state oil company Pemex is engaged in the exploration, production, transportation, refining, storage and sale of hydrocarbons and derivatives. Its products include petrochemicals, natural gas, liquid gas, sulphur, gasoline, kerosene, and diesel. According to the company's statistical yearbook…
Petronas Petronas Logo
We are a fully integrated energy company with a leading portfolio and wide network of operations around the world. With growing demand for energy, we challenge ourselves to redefine the future of energy with innovative approaches to technology and engineering in order to maximise and deliver…