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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Petrobras, SBM Offshore Sign LoI for Giant Búzios Field FPSO

Brazilian oil giant Petrobras has signed a letter of intent with Dutch FPSO supplier SBM Offshore for the delivery of an FPSO to be deployed in the Búzios field in the Santos Basin, offshore Brazil. SBM Offshore will be responsible for the engineering…

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OPEC+ to Weigh Modest Output Boost, Sources Say

PEC+ oil producers will discuss a modest easing of oil supply curbs from April given a recovery in prices, OPEC+ sources said, although some suggest holding steady for now given the risk of new setbacks in the battle against the pandemic. The…

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Report: SBM Offshore Only Bidder for Petrobras' Mero 4 FPSO

Brazil's state-controlled  oil  company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4  oil  platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters.

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Bumi Armada Amends Loan Maturity Date. Cites Coronavirus Impact

Malaysian FPSO specialist Bumi Armada has amended the maturity of a portion of the $660 loan from 2019, citing the impact of the coronavirus pandemic on its business. Bumi Armada said the loan agreement has been amended on to extend the final…

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Enauta Resumes Output from Atlanta Field after Corrosion-Induced Halt

Brazilian oil and gas company Enauta has resumed production from its Atlanta offshore oil field, in the Santos Basin, in Brazil. Enauta, previously known as Quireoz Galvao, had in November 2020 announced the "preventive suspension" of Atlanta field’s production…

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UK: Tailwind Sanctions Evelyn Development

UK-focused oil company Tailwind has reached a final investment decision (FID) on its Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA last week. The Evelyn field is part of the Triton Cluster. Tailwind…

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Petronas' Floating LNG Facility PFLNG Dua Produces First LNG

Malaysian oil and gas giant Petronas said Monday that its PFLNG Dua floating LNG facility has recently produced its first LNG. This is the company's second FLNG Unit, and its first deepwater FLNG facility. The PFLNG Dua is located at the Rotan gas field, 140km off Kota Kinabalu, Sabah, Malaysia.

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FPSO Firm BW Offshore Eyes Entry into Floating Offshore Wind

BW Offshore, a company known for its FPSO leasing business in the oil and gas sector, is looking to diversify by entering the floating offshore wind space and has started talks with floating wind firm Ideol over a potential investment. The move…

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Palfinger to Deliver Lifeboats, Cranes for Anna Nery FPSO

Palfinger has won an order to deliver cranes, lifeboats, a rescue boat, and davits for Malaysia-based Yinson's Anna Nery FPSO, which will, once complete be deployed at Petrobras' Marlim 2 field offshore Brazil. Under the order, Palfinger will…

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ABS Approves HHI's Design for Mexico-targeted FSO

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) to South Korea's Hyundai Heavy Industries’design for a Floating Storage and Offloading (FSO) vessel that is planned for operations in Mexican waters.

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SBM Offshore Expects Lower 2021 Earnings as Clients Cut Spending

SBM Offshore forecast that 2021 core earnings will be slightly below market expectations, the multinational oil firm said on Thursday, noting 2020 challenges will spill into 2021 as many of its clients had to cut budgets. The Dutch company, which supplies floating oil and gas production vessels…

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Höegh LNG Nets LNG Carrier Charters with Trafigura, Cheniere

Oslo-listed LNG tanker operator Höegh LNG has reached an agreement with Trafigura for an extension of a charter for LNG carrier Hoegh Gannet. It also signed a new interim time charter for Höegh Gallant vessel with the same company. The existing…

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Brazil: Petrobras, PetroRio Complete Frade Field Transaction

Brazilian oil giant Petrobras has sold its 30 percent stake in the Frade offshore oil field to PetroRio. With the completion of the transaction, PetroRio now fully owns the field, located in the Campos Basin, north coast of the state of Rio de Janeiro.

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Woodside Issued Enforcement Action over Nganhurra RTM Decommissioning

Australian offshore oil and gas regulator NOPSEMA on Friday said it was taking compliance action against oil firm Woodside Energy Ltd to ensure safe and responsible decommissioning of the Nganhurra riser turret mooring. The regulator said it was looking at possible breaches of law, as well.

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Bluewater Taps Royston for FPSO Engine Overhaul

FPSO operator Bluewater Services signed a framework agreement with marine engineering and maintenance firm Royston for engine overhaul, repair, and associated services on two of its FPSOs. U nder the agreement, Royston will carry out planned…

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Report: Keppel Submits Lowest Bid to Build FPSO for Petrobras' Buzios Field

A consortium led by Singapore-based Keppel Shipyard Limited offered Brazil's Petrobras the lowest price to build a floating platform for Buzios, Latin America's second-largest oil field, three people close to the competition said. Keppel offered to build P-78…

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TMC to Deliver Air Compressors for Equinor's Bacalhau FPSO

TMC has won a contract to supply  the marine compressed air system to the Bacalhau FPSO that Japan's MODEC is building for Equinor. The deal is one of TMC's biggest ever orders. TMC will supply the FPSO’s complete compressed air system consisting of several large offshore screw compressors…

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Petrobras Receives Three Offers in FPSOs Tender

Brazilian state-run oil company Petrobras received offers from three consortia looking to build the company's first in-house platforms in more than seven years, the company said on Tuesday. In a release, Petroleo Brasileiro SA, as the company is formally known…

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Three60 Energy to Provide Duty Holder Services for FPSO Intrepid

Three60 Energy, a UK-based energy services company, will be providing Duty Holder O&M services to the FPSO Intrepid, currently producing from the Galoc Field, located offshore Palawan Island in the Philippines, in what this the company first such contract outside of the UK.

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Oil Market On Track to Rebalance Around Mid-2021

U.S. petroleum inventories have continued to converge down towards the five-year average, a sign that oil market rebalancing remains on track, despite the resurgence of the coronavirus since the end of 2020. Total stocks of crude oil and products…

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…
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…
Hess Corporation Hess Corporation Logo
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…
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…
Aban Offshore Limited Aban Offshore Limited Logo
The ABAN Group was born as a small engineering firm in Chennai, Aban Constructions, established by late Mr. M. A. Abraham in 1965. A visionary, Mr. M. A. Abraham began his career as an engineering professional in the Construction Industry with illustrious names like the Tata Group and Saipem.The…
Chevron Corporation Chevron Corporation Logo
Our company has a long, robust history, which began when a group of explorers and merchants established the Pacific Coast Oil Co. on Sept. 10, 1879. Since then, our company's name has changed more than once, but we've always retained our founders' spirit, grit, innovation and perseverance.
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…
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…
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.
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…