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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Allseas Debuts in China

Offshore installation firm Allseas has started pipelaying operations at the Lingshui 17-2 gas field in the South China Sea using two of its vessels Audacia and Calamity Jane. It is interesting to note that, while the company has over the years conducted work around the globe…

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Suncor Extinguishes Fire on Terra Nova FPSO

A fire broke out on Saturday aboard Suncor Energy-operated Terra Nova FPSO offshore Canada, the offshore oil and gas regulator C-NLOPB said. Suncor told C-NLOPB that everyone onboard was accounted for and safe, and that the fire had been extinguished.

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Tullow Says 58 Workers Test Positive for COVID-19 Offshore Ghana

Fifty-eight workers tested positive for COVID-19 at an oil production facility run by Tullow Oil off Ghana's Atlantic coast, the company said in a statement on Friday, Fifty-seven workers tested positive on a support vessel for a floating production and storage (FPSO) unit.

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Petrobras to Issue Global Bonds

Brazil's state-controlled oil firm Petroleo Brasileiro SA has hired banks to coordinate a global bond issue of an unspecified amount, according to a securities filing on Wednesday. Banks BNP Paribas, Itau BBA, JPMorgan & Chase, Scotia Capital and SMBC Nikko will manage the offering.

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Photo: Johan Castberg Anchor System Installation Underway

Norwegian offshore vessel contractor Island Offshore has shared photos of what it says is one of the most comprehensive anchoring projects globally in 2020 - the installation of an anchor system for Equinor's Johan Castberg project in the Barents Sea, offshore Norway.

First Topside Module Lifted on Coral South FLNG Hull

Eni-operated Coral South FLNG project is making progress with the first topside module installed aboard the hull of the under-construction FLNG unit destined to develop offshore gas fields in Area 4 of the Rovuma Basin, Mozambique. Coral FLNG SA…

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Workers Test Positive for COVID-19 at Tubarao Martelo Field in Brazil

About 50 workers were infected by the novel coronavirus during an outbreak in recent weeks at a production well owned by Brazilian oil firm Dommo Energia SA, two regulatory sources with knowledge of the matter told Reuters. The production well…

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Guyana Received $4.9M in Oil Royalties in 1Q

Guyana received $4.9 million in royalty payments for oil production at the offshore Stabroek block in the first quarter, the finance ministry said on Monday, a period that included the South American country's first crude exports. The crude…

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Energean: Karish Pipelaying Works Set to Begin

The Mediterranean-focused oil and gas company Energean is gearing up to begin pipelaying works as part of its Karish development, offshore Israel. The company on Monday said in a social media post that the Solitaire vessel, owned by Allseas…

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South Korea's DSME Wins $330M FSRU Order

South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering (DSME) has received an order for a large liquefied natural gas (LNG) floating storage regasification unit (FSRU). In a statement on the Korea Exchange, DSME said the contract was worth around 411 billion South Korean Won…

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Hurricane Energy Shuts Lancaster Well. Suspends Output Guidance

Hurricane Energy has shut down an offshore well at its Lancaster field in the UK as its testing to produce oil simultaneously from two wells with the aim to reach 20,000 bopd proved unsuccessful. As a result, Hurricane has backtracked on its 2020 output guidance of net 17,000 bopd.

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ABS Launches Guidance and Notations for FPSOs in Brazil

Offshore classification company ABG has launch what it says is industry’s most comprehensive support package for offshore operators in Brazil’s complex regulatory environment, with a detailed technical advisory and two new notations. The ABS…

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Delek Looking to Sell Karish & Tanin Royalty Rights

Israeli energy conglomerate Delek Group said on Sunday it was in talks to sell royalty rights to two small natural gas fields and was amending its proposed share offering. Delek said it planned to sign a 300 million shekel ($85 million) deal…

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Total Backs Out of Oxy's Ghana Assets Acquisition

French oil major Total is pulling out of the agreed acquisition of Occidental Petroleum's Ghana assets. The two companies in 2019 signed a deal whereby Total was to acquire all of the assets of Anadarko in Africa for about $8.8 billion, following the completion of Oxy's takeover of Anadarko.

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Petrobras Sees No Need to Cut Oil Production

Brazil's state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in China, while domestic demand for fuel picks up amid social distancing fatigue in Latin America's largest economy.

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VIDEO: SBM Offshore's Liza Unity FPSO Moves to Dry Dock

SBM Offshore, the Netherlands-based FPSO supplier, has shared a video of its Liza Unity FPSO Hull going into the dry dock in Singapore. The hull was ordered on speculation in 2017 as the first of what are now five hulls being built as part of SBM Offshore's Fast4Ward standardized-FPSO-hull program.

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Brazil's Petrobras Warns Economy has Changed Forever. Books $11.2B Impairment

Brazil's Petrobras took a 65.3 billion real ($11.2 billion) impairment on its exploration and production assets on Thursday, warning investors that changes in consumer behavior resulting from the coronavirus pandemic would likely be permanent.

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Three Firms Compete for Dorado FPSO FEED. WHP Shortlist 'Soon'

Australian oil and gas company Santos, with its partner Carnarvon, is progressing works on the development of the Dorado oil field off W. Australia, with pre-FEED contracts for the FPSO awarded to three "world-class' contractors. The final investment decision date however…

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'We Won't Just Weather the Crisis, We'll Come Out Stronger,' SBM Offshore CEO Says

SBM Offshore, one of the world's largest FPSO solutions providers, on Wednesday slightly reduced 2020 guidance due to uncertainty caused by the COVID-19 pandemic and the low oil price environment, but the CEO is optimistic the company will not just weather the storm…

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Premier Oil Shelves $1.8B Falkland Islands Offshore Project

UK-based oil and gas operator Premier Oil has said it has suspended the Sea Lion-1 oil project offshore the Falkland Islands. The company said the $1.8 billion offshore oil project would be suspended to minimize ongoing spend in light of the current market conditions.

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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…
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Premier?s strategy is to grow shareholder value through investment in high quality oil and gas projects within a disciplined financial framework. Realise value through commercialisation of our c.
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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.
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…
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The Hess Corporation (formerly Amerada Hess) is a large American-based integrated oil company headquartered in New York City, and a Fortune 100 corporation. The company explores, produces, transports, and refines crude oil and natural gas. Vertically completing the logistical chain, about 1…
Bennu Oil & Gas LLC Bennu Oil & Gas LLC Logo
Bennu Oil & Gas LLC owns and operates oil and gas reserves at Gulf of Mexico. The company was incorporated in 2013 and is based in Houston, Texas.
Aegean Marine Petroleum Aegean Marine Petroleum Logo
Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The Company procures product from various sources (such as refineries, oil producers, and traders) and…
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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.
Saipem Saipem Logo
Saipem is a large, international and one of the best balanced turnkey contractors in the oil & gas industry. Saipem has a strong bias towards oil and gas related activities in remote areas and deepwater and is a leader in the provision of engineering, procurement, project management and construction…
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