Floating Liquefaction and Regasification Report And Online Database

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SBM Secures Liza Unity Financing

SBM Offshore completed the $1.14 billion project financing of Liza Unity floating production, storage and offloading unit (FPSO), the Netherlands-based company announced on Wednesday. The project financing was secured by a consortium of nine international banks.

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How Brazil's $26 Bln TOR Auction Works

Brazil's Senate passed the main text of a bill late on Tuesday defining the distribution of proceeds from a blockbuster auction of oil prospecting rights, a key milestone for the enormous offshore region known as TOR - the 'transfer-of-rights' area.

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Another Near Miss on the Terra Nova FPSO

Suncor Energy reported its third near miss in less than a year on board the Terra Nova floating production, storage and offloading unit (FPSO) stationed approximately 350 kilometers offshore Newfoundland and Labrador, Canadian authorities said.

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MODEC, Yinson Win FPSO Charters from Petrobras

Brazilian state-run oil company Petróleo Brasileiro S.A. (Petrobras) has signed letters of intent with Japan’s MODEC and Malaysia’s Yinson for charter contracts for two floating production, storage and offloading units (FPSO) for the Marlim field offshore Brazil.

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Veolia to Equip Liza Unity FPSO

Veolia Water Technologies said its VWS Westgarth subsidiary has been awarded a multimillion dollar contract by SBM Offshore for the supply of a seawater treatment package for the Liza Unity floating production, storage and offloading unit (FPSO), to be deployed in the Stabroek block offshore Guyana.

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Teekay Extends Hummingbird Spirit FPSO

Teekay Corporation, a provider of crude oil and gas marine transportation services, has entered into an agreement with the Chestnut Joint Venture to extend the employment of the Hummingbird Spirit FPSO unit (Hummingbird) on the Chestnut field in the North Sea until March 2023.

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Chestnut Field Extended Up to Three Years

Partners Spirit Energy and Dana Petroleum will invest £140 million ($177 million) to extend the life of the Chestnut field in the UK North Sea by as much as three years. The companies announced on Friday that they reached a deal with Teekay…

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Total Says It Will Skip Brazil TOR Auction

Fance's Total SA, the big winner in a Brazilian auction of offshore oil concessions on Thursday, said it will not participate in a bigger auction scheduled for November 6 of the so-called Transfer of Rights area in Brazil's pre-salt region.

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Brazil Oil Auction Draws $2.2 Billion

Ten companies on Thursday agreed to pay more than $2 billion for the exploration and production rights in 12 offshore oil blocks in Brazil, in what could be a promising sign for even bigger upcoming oil auctions. The most heavily sought after…

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Brazil Oil Bidding Points to Future Auction Success

Brazil's mines and energy minister said the positive results of Thursday's round of bidding for the country's offshore oil blocks point to successful auctions later this year of the so-called Transfer of Rights area and pre-salt oil find. Minister…

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BW Energy IPO Awaits 'Right Window'

Norway's BW Offshore will wait for markets to stabilize before launching a planned initial public offering of its oil production arm, BW Energy, an executive said on Thursday. "We are generally ready to go to the market for a listing... however…

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Brazil Court Green Lights TOR Mega Auction

Brazil's Federal Audit Court known as the TCU unanimously approved on Wednesday the ground rules for a major auction of pre-salt oil concessions in a "transfer of rights" (TOR) area off the country's southeastern coast. The government expects…

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Majors to Bid in Brazil's $800 Mln Oil Auction

BP PLC, Chevron Corp and Royal Dutch Shell PLC are among firms that will compete for exploration and production rights off the Brazilian coast on Thursday, in the first of three oil bidding rounds scheduled for coming weeks. Combined, the minimum…

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Maersk Supply Service Wins Brazil Project

Maersk Supply Service said it will provide an integrated mooring lines life extension solution for Shell’s floating production, storage and offloading unit (FPSO) Fluminense, including project management, engineering, interface management and offshore execution off the coast of Rio de Janeiro.

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Keppel, Sembcorp Reach Deal with Embattled Brazil Firm

Singapore firms Keppel Corp and Sembcorp Marine said on Monday they had reached settlements with indebted Brazilian firm Sete Brasil over long-standing contracts to build drillships and rigs. Sete, which leased oil rigs to Brazil's state oil firm Petroleo Brasileiro SA (Petrobras)…

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Hibiscus Oil Find Bigger than Expected

Panoro Energy reported drilling results in the Hibiscus Updip well (DHIBM-1), located on Dussafu Marin Permit, offshore Gabon, “have significantly exceeded expectations” the company's CEO John Hamilton said. Panoro and operator BW Energy estimate…

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BP Names Bernard Looney as Next CEO

Bernard Looney, who will replace Bob Dudley as chief executive of BP when he retires next year, faces the tricky task of navigating the energy major through a rising tide of environmentalism and the move to a low-carbon economy. BP on Friday appointed Looney…

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Shell Awards Pierce Scope to Subsea 7

Services company Subsea 7 said it has secured a contract from Shell for the Pierce depressurisation project in the UK North Sea, located approximately 160 miles offshore, east of Aberdeen. Shell announced it has taken financial investment decision (FID) for the project on Thursday.

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Energean FPSO Hull Floated Out

The hull of Energean Oil and Gas’ Energean Power FPSO has been undocked and floated out from the COSCO Shipyards’ dock in Zhoushan, China, about 10 months after first steel cut. Once completed, the FPSO will be deployed at Energean’s Karish and Tanin fields offshore Israel…

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13 Firms Approved to Bid in 6th Pre-salt Round

Thirteen companies have been approved by Brazilian authorities to participate in a November oil bidding round for offshore exploration and production rights. The companies were cleared to participate in the so-called 6th pre-salt bidding round…

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.
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…
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…
Statoil Statoil Logo
Statoil is an integrated oil and gas company based in Norway. We are the leading operator on the Norwegian continental shelf, and a company in an expansive phase internationally.
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…
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.
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…
PremierOil PremierOil Logo
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.
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…
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…