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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PTTEP Awards Long-term Charter Extension for FPSO Kikeh

PTTEP Sabah Oil Limited, a Malaysian subsidiary of the Thai oil company PTTEP, has awarded a six-year contract extension for the FPSO Kikeh, operating in deep waters offshore Sabah, Malaysia. The charter extension news was shared this week by Malaysia's MISC…

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Enauta Buys FPSO OSX-2 for Deployment at Atlanta Field

Brazilian oil company Enauta has agreed to buy FPSO OSX-2 for the Definitive System (DS) of the Atlanta oil field in the Santos Basin, offshore Brazil. The completion of the acquisition is contingent on compliance with the agreed contractual…

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BW Offshore Sells BW Joko Tole

Oslo-listed FPSO owner BW Offshore has agreed to sell the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in consortium with PT Buana Lintas Lautan Tbk, a company publicly listed in Indonesia.

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Royal Dutch No More: Shell Officially Changes Name

Shell officially changed its name on Friday, ditching "Royal Dutch", which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain. "Shell announced…

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Petrojarl I FPSO Extends Stay at Enauta's Atlanta Field, Offshore Brazil

Brazilian oil company Enauta has extended the charter of the Petrojarl I FPSO, used as an early production system at its Atlanta field, in the Santos Basin, offshore Brazil. Enauta signed contracts with Altera to extend the charter and Operation and Maintenance (O&M) of FPSO Petrojarl I.

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Delfin Plans Louisiana Floating LNG FID in 2022

U.S. liquefied natural gas (LNG) developer Delfin LNG said it plans to make a final investment decision (FID) to go forward with its Gulf of Mexico floating LNG export project off Louisiana in 2022. "This is the best macro-environment that the LNG business has ever seen…

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BP Files Petrojarl Foinaven FPSO Removal Plan

British oil major BP has filed a decommissioning plan for the removal of the Petrojarl Foinaven FPSO and the recovery of associated mooring systems, the risers and dynamic umbilicals from the Foinaven Field, located 160 kilometers (100 miles) west of Shetland in water depths of up to 600 meters.

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SBM Offshore's Lease & Operate MD to Become COO

Dutch FPSO leasing specialist SBM Offshore announced the proposed appointment of Øivind Tangen as Chief Operating Officer (COO) and member of its Management Board on Thursday. Tangen has 19 years of experience with SBM Offshore in engineering and operational roles…

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ABS Grants AiP for Samsung's FLNG Spread Mooring System

The American Bureau of Shipping (ABS) has awarded Approval in Principle (AIP) to Samsung Heavy Industries’ (SHI) design for a one-side spread mooring system for a floating liquefied natural gas (FLNG) facility. The system developed by SHI allows an FLNG to be safely spread moored on one side…

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McDermott Lands Scarborough Floating Production Unit Work

Offshore engineering and construction firm McDermott has secured a contract with the Australian oil and gas firm Woodside to deliver hull and topsides for the floating production unit to be installed at Woodside's Scarborough development offshore Australia.

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VIDEO: Bluewater's UK-based FPSO Arrives in Norway for Upgrades

Bluewater's Haewene Brim FPSO, normally used for oil production from Shell's Pierce Field in the UK North Sea, has recently arrived in Haugesund, Norway. Norwegian engineering and construction Aibel shared a video of the FPSO arrival in Haugesund, towed by a Maersk Supply Service vessel.

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Rystad: FPSO Contracts in 2021 Hit Pre-Pandemic Levels. Ten New Orders Expected in 2022

According to Rystad Energy research, the market for floating production, storage, and offloading (FPSO) units almost brushed off the pandemic's effect in 2021, driven mostly by Brazil demand, and is predicted to continue apace in 2022, with 10 new awards expected.

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Eni Extends BW Offshore's Abo FPSO

Italian oil company Eni has extended its contract for BW Offshore's Abo floating production storage and offloading (FPSO) vessel for another year. The FPSO's owner BW Offshore said Thursday it has signed the extension with Eni's subsidiary Nigerian Agip Exploration.

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ExxonMobil Makes Two Oil Discoveries Offshore Guyana. Liza Unity FPSO on Track for First Oil in 1Q

Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource estimate of 10 billion oil-equivalent barrels. The Fangtooth-1 well, drilled with the Stena DrillMAX drillship…

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Yinson Gets Charter Extension for FPSO in Vietnam

Malaysian FPSO supplier Yinson announced on Monday it secured a six-month extension for the bareboat charter contract for the FPSO PTSC Lam Son The 243 meters long Lam Son FPSO, able to produce 15,000-20,000 barrels of oil per day (bopd), with a storage capacity of up to 650…

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OPEC+ Decision Reflects Easing Concern of Oil Surplus, Omicron Risk

OPEC+'s decision this week to stick to its planned increase in oil output for February reflects easing concern of a big surplus in the first quarter, as well as a wish to provide consistent guidance to the market, sources and analysts said.

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Exxon Signals Fourth Quarterly Profit in a Row

Exxon Mobil Corp on Thursday signaled a return to annual profit for 2021 as stronger oil and gas prices drove a gain of up to $1.9 billion in operating profits that exceeded one-time charges. The largest U.S. oil producer issued a snapshot of…

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Guyana Approves Wealth Fund, Local Content Rules for Expected Oil Boom

Guyana's parliament on Wednesday approved local content rules for oil producers and a sovereign wealth fund to oversee the South American nation's earnings from a budding oil bonanza. International oil producers have discovered 10 billion barrels…

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Petrobras Declares Commercial Viability at Four Offshore Concessions

Brazilian state-run oil company Petrobras has declared four offshore concessions in the states of Alagoas and Sergipe commercially viable in presentations to the nation's oil regulator, it said in securities filing on Thursday. The company has…

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Oil Prices Hold Near $80 on Tight Supply and Stocks Drop

Oil prices held close to $80 a barrel on Wednesday as global supply outages and declining U.S. inventories offset worries that rising coronavirus cases might reduce demand. Brent crude rose to as much as $79.20 a barrel before retreating to trade 24 cents down on the day at $78.70 by 1427 GMT. U.S.

Anadarko Petroleum Corporation Anadarko Petroleum Corporation Logo
Committed to safely producing the energy we all need in a manner that protects the environment, public health and supports our communities. Energy is fundamental to modern existence. It is as important as clean air, water and affordable food. At Anadarko, we take our responsibility seriously…
Lukoil Oil Company Lukoil Oil Company Logo
LUKOIL is a major international vertically-integrated oil & gas company, accounting for 2.1% of global output of crude oil. The strong position, which the Company enjoys today, is the fruit of 20 years work to expand the reserve base, increasing business scale by seeking out and executing strategic transactions.
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.
BR Petrobras BR Petrobras Logo
we operate as an integrated energy company in these sectors: exploration and production, refining, marketing, transportation, petrochemicals, oil product distribution, natural gas, electricity, chemical gas, and biofuels. We have upwards of 135 production platforms, 15 refineries, 31,000 kilometers…
Petroserv Petroserv Logo
PETROSERV, a wholly owned Qatari company, is one of the leading EPIC/traditional contractors in the State of Qatar. Existing since 1978, Petroserv has an enviable, proven track record with a large variety of Qatari and international clients; including: Ashghal (Public Works Authority), Kahramaa…
PTT PHILIPPINES CORPORATION (PTTPC PTT PHILIPPINES CORPORATION (PTTPC Logo
PTT Corporate Profile PTT PHILIPPINES CORPORATION (PTTPC) is one of the wholly owned subsidiary companies in the Philippines of Petroleum Authority of Thailand Public Company Limited (PTTPLC). PTTPC primary business of marketing refined petroleum products and lubricants are focused on three major segments ?
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…
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…
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…
Shell Shell  Logo
We are a global group of energy and petrochemicals companies with around 92,000 employees in more than 70 countries and territories. We use advanced technologies and take an innovative approach to help build a sustainable energy future.