Floating Liquefaction and Regasification Report And Online Database

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Premier Oil Cuts Operating Costs Forecast

Britain's Premier Oil on Wednesday reduced its forecast for its 2019 operating costs to $12 per barrel of oil equivalent (boe) from $13 and expects debt reduction to reach the upper end of its $250-$350 million target by year-end. Premier, which had debt of around $2.3 billion in December…

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Keppel Wins Yinson FPSO Modification Work

Singapore-based Keppel Offshore & Marine (Keppel O&M) has through its wholly-owned subsidiary Keppel Shipyard, secured a contract from repeat customer Yinson for the modification of a floating production, storage and offloading vessel (FPSO).

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Leviathan natural gas platform starts voyage to Israel

The gas platform for the Leviathan natural gas field is on its way to Israel from the Gulf of Mexico, the partners in the project said on Sunday. The first of four barges transporting the production structure units has left Texas and the other three will set sail in the coming weeks.

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North Sea FPSO Goes on Remote Control

Fugro said it has provided remote positioning services on board a floating production storage and offloading (FPSO) vessel for Bluewater during a scheduled subsea inspection, repair and maintenance campaign in the North Sea. The recent week…

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Siemens to Power Eni Mexico Area 1 FPSO

Tech conglomerate Siemens said it will provide three 34-megawatt (MW) SGT-A35 gas turbine power generation packages to power a floating production, storage, and offloading unit (FPSO) that will operate for Eni off the coast of Mexico. The Eni…

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Hurricane Raises 2020 Production Guidance

Hurricane Energy's shares recorded their biggest daily rise since 2017 on Thursday, jumping more than 13% after the group upped its production guidance for 2020 on positive results from its so-called fractured basement reservoirs in Britain.

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Oil at Six-week High

Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm , while an incident with a British tanker in the Middle East highlighted tensions in the region. Brent crude futures were up 32 cents at $67.33 a barrel by 1153 GMT.

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Near Miss on the Terra Nova FPSO

Canada's offshore safety regulator said it is monitoring Suncor Energy’s continued investigation into a potentially fatal incident on board the Terra Nova floating production, storage and offloading unit (FPSO) that occurred on June 24. The incident…

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Woodside Starts Commissioning at Greater Enfield

Australia's Woodside Petroleum Ltd has started commissioning activities at the $1.9 billion Greater Enfield oil project off the state of Western Australia, two people with knowledge of the matter said on Wednesday. Oil from the project is expected to be sought after by traders in Asia.

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Oil Rises Toward $65

Oil rose towards $65 a barrel on Tuesday as OPEC supply cuts and Middle East tensions outweighed the U.S.-China trade dispute that has been dragging down the global economy and oil demand. OPEC and its allies led by Russia agreed last week to extend their supply-cutting deal until March 2020.

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Floater Sector Active Despite Market Volatility

Activity in the floating production sector has not been slowed by the recent volatility seen across global oil markets, according to a recent report by World Energy Reports (WER). Brent oil, which had reached as high as the mid $70 range earlier this year…

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NOV to Supply STP for MJ FPSO

APL, a business unit within NOV's Completion & Production Solutions segment, has secured the contract from South Korean builder Samsung Heavy Industries to supply a large submerged turret production (STP) system for a newbuild floating production…

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Eni Awarded License Offshore Ghana

Eni and its partners have been awarded rights to Block WB03, located in the medium deep waters of the prolific Tano Basin, offshore Ghana, the Italian supermajor announced of Wednesday. Eni said it will be the operator of the license, and its…

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Eni Starts Producing from Miztón Offshore Mexico

Italian supermajor Eni said it has started the early production phase from the Miztón field, located in the Campeche Bay offshore Mexico, marking the first step in the development of Area 1, which is estimated to hold 2.1 billion of oil equivalent in place (90% oil) in the Amoca…

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Aker BP Discovers Oil at Frosk

Aker BP ASA, operator of production license 340, has finalized the results after drilling wildcat well 24/9-15 S (Froskelår Nordøst) and appraisal well 24/9-15 A. According to a press note from the Norwegian Petroleum Directorate (NPD), the wells…

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Shell, Exxon Eye Somalia's Offshore

Royal Dutch Shell and Exxon Mobil are looking to return to Somalia ahead of an oil block bid round later this year, the East African country's oil ministry said. Shell and Exxon Mobil had a joint venture on five offshore blocks in Somalia prior…

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Guyana's First FPSO Named Liza Destiny

Dutch-based global group SBM Offshore said that its FPSO, Liza Destiny, destined for ExxonMobil’s Liza field in Guyana, was named at Keppel Shipyard in Singapore. “This is a very special vessel, which will be the first to operate offshore Guyana.

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IPC Begins Drilling Program in Malaysia

The oil and gas exploration and production company International Petroleum Corporation (IPC) has commenced drilling the first well in a planned multi-well drilling program on Block PM307, located offshore Peninsular Malaysia. Canada-based IPC…

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Curlew FPSO Arrives in Dundee for Cleaning Ahead of Scrapping

Shell's Curlew floating production, storage and offloading vessel (FPSO) arrived in Dundee, Scotland on Saturday for cleaning and waste disposal in preparation for full decommissioning. The work will be undertaken in the Port of Dundee by Augean North Sea Services (ANSS)…

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Yinson Gets Extension for Vietnam FPSO

Malaysian floater company Yinson  Holdings Bhd has secured another extension of its floating production storage and offloading (FPSO) with Petrovietnam Technical Services Corp (PTSC) for operations at the Lam Son Field. According to the second addendum to the interim contract…

Tullow oil plc Tullow oil plc Logo
It started in a small town called Tullow, about 35 miles south of Dublin, Ireland. In the 80s there were loads of companies starting off in the North Sea and Irish Celtic Sea. I was talking to a friend of mine in the bank one day and he was talking about small oil fields in Africa, which had…
Nigerian National Petroleum Corporation Nigerian National Petroleum Corporation Logo
The Nigerian National Petroleum Corporation (NNPC) is the state oil corporation which was established on April 1, 1977. In addition to its exploration activities, the Corporation was given powers and operational interests in refining, petrochemicals and products transportation as well as marketing.
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…
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…
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.
Dana Petroleum Dana Petroleum Logo
Dana Petroleum was formed in 1994 to exploit opportunities in the UK North Sea. Today we?re a $3 billion oil and gas business with operations in the UK, Egypt, Norway, the Netherlands and Africa.
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.
Talisman Energy Inc Talisman Energy Inc Logo
Talisman is committed to conducting its business safely and in an ethically, socially and environmentally responsible manner. The company is a participant in the United Nations Global Compact and is also included in the Dow Jones Sustainability North America Index. Talisman was the first Canadian…
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…
Sinopec Sinopec Logo
severe in 2012. chemical company. task, structure optimization as the starting point and reform and innovation as the driving force. low carbon, and people-orientation further. efficient company. and potential partners both at home and abroad, and strive to create a new win-win situation. We…