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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Drydocks Orders Kanfa FPSO Topside Module

UAE-based shipyard Drydocks World has signed a contract with Norway-based Kanfa to deliver a topside module for a floating production storage and offloading vessel. In what will be the first collaboration between Drydocks World and Kanfa, the M10 module will be placed on the main deck of the FPSO.

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Webinar: How oil & energy firms can gain a competitive advantage by embracing the digital future

While the sector has typically been slow to adopt digital innovations, today’s offshore energy markets are fluid and fast-changing, and the ‘business as usual’ model will not necessarily yield the best future results. AI, automation and data…

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Digitalization: Leveraging Digital Innovation in Offshore Energy

There is an increasing expectation that oil and gas firms can demonstrate their value and efficiency through more data-centric processes, managing costs and reacting more quickly to changing market conditions. While the sector has typically been slow to adopt digital innovations…

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First Hydrocarbons Introduced into Coral South FLNG Offshore Mozambique

Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced  from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit. Eni operates the offshore Area 4 where the Coral South FLNG is located.

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IEA Says World Oil Demand to Rise 2% in '23

World oil demand will rise more than 2% to a record high of 101.6 million barrels per day (bpd) in 2023, the International Energy Agency said on Wednesday, although sky-high oil prices and weakening economic forecasts dimmed the future outlook.

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Saipem Confirms Shell's Gato do Mato FPSO LNTP

Italian oilfield services firm Saipem has confirmed it has recently been awarded a limited notice to proceed (LNTP) by BW Offshore, for the early-stage engineering services for the supply of an FPSO unit to be supplied to Shell for the development of the Gato do Mato field offshore Brazil.

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U.S. Natgas up 2% on Higher Demand, Soaring Global Prices

U.S. natural gas futures edged up about 2% on Tuesday on record power demand in Texas, forecasts for more gas demand over the next two weeks than previously expected, a reduction in gas output, low wind power and much higher global gas prices.

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Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector

Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with…

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Lebanon's Hezbollah Says Could Disrupt Start-up of Energean's Karish Gas Field Over Maritime Dispute with Israel

The head of Lebanon's Hezbollah said on Thursday that his group could stop Israel from extracting gas from a maritime field that Beirut says lies in disputed waters, adding Hezbollah is "not afraid of war." Lebanon warned Israel on Sunday against…

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International Seaways Sells Stake in Al Shaheen Oil Field FSOs to Euronav

Oil tanker operator International Seaways has sold its 50% stake in two floating storage and offshore (FSO) vessels, the FSO Asia and FSO Africa, to its joint venture partner Euronav NV. The purchase price values the two FSO vessels at $300 million in total.

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Naming Ceremony Held for Yinson's Anna Nery FPSO

Malaysian FPSO provider Yinson, with its project partner Sumitomo Corporation named the new FPSO Anna Nery, during a naming ceremony held concurrently in Jiangsu, China and Kuala Lumpur, Malaysia. The FPSO Anna Nery is currently undergoing final…

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Indigenous Australians Seek to Block $3.6 billion Santos Offshore Gas project

A group of Indigenous Australians has filed a lawsuit seeking to stop Santos Ltd from developing a $3.6 billion gas project off northern Australia, saying they were not consulted about the drilling. Traditional land owners from the Tiwi Islands…

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BW Offshore Sells FPSO Joko Tole

FPSO leasing company BW Offshore has completed the sale of the FPSO BW Joko Tole. The FPSO was sold 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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Korean Shipbuilder Can't Accept New FSRU Orders as Capacity Full

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said. With U.S.

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Europe's Dash for Gas & FSRUs Puts Australia's LNG Import Plans at Risk

Europe's race to replace Russian gas supply has threatened Australia's plans for five gas import terminals as they compete for key infrastructure, raising the risk of a supply shortfall in Australia's populous southeast in the next two years.

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Italy's Snam Buys Golar Tundra FSRU for $350M

Italian gas group Snam has agreed to buy Golar LNG's floating storage regasification unit (FSRU) Golar Tundra for $350 million. The Golar Tundra can operate both as an LNG carrier and as an FSRU. The vessel, built in 2015, has a storage capacity of around 170…

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Poland Could Build Second FSRU Amid Czech, Slovak Interest

Poland could build a second floating storage and regasification unit (FSRU) next to an already planned installation because the Czech Republic and Slovakia are interested in buying more liquefied natural gas (LNG), the Polish climate minister said.

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Shell Gives BW Offshore Limited Notice to Proceed for Gato do Mato FPSO

FPSO supplier BW Offshore said Thursday that Shell had awarded it limited notice to proceed (LNTP) by Shell and its partners for early-stage engineering and supplier reservations for the supply of an FPSO for the Gato do Mato (Wild Cat) oil and gas field offshore Brazil.

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BW Offshore: One-year Charter Extension for FPSO in Ivory Coast

FPSO leasing firm BW Offshore has secured a one-year contract extension for the lease and operation of the FPSO Espoir Ivoirien. The firm period has been extended until the end of Q1 2023. The FPSO is operating on the Espoir field offshore the Ivory Coast for CNR International (Cote D'Ivoire) SARL.

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VIDEO: Hook-Up of Liza Unity FPSO Offshore Guyana

Liza Unity is the second floating production, storage, and offloading unit of several expected to be deployed at ExxonMobil's Stabroek block off Guyana in the years to come. The FPSO, delivered by the Dutch FPSO specialist SBM Offshore, started producing oil in February.

PetroSA PetroSA Logo
PetroSA continues to play an instrumental role in the country?s transformation through a range of activities that span the petroleum chain. Starting with the exploration and production of oil and natural gas, we sell petrochemical products to South Africa?s major oil companies and export petrochemical…
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.
Edison Oil Edison Oil Logo
From day one, Edison Oil Company has been a customer focused company. Even though business changes, this is the one variable that has remained constant. Our focus will always be the customer. Having been in the petroleum business since the 1950?s, Walter Eakins developed the business of customer satisfaction.
Ezra Holdings Ltd Ezra Holdings Ltd Logo
Founded in 1992, Ezra Holdings Limited (the "Company", and together with its subsidiaries, "Ezra" or the "Group") is a leading offshore contractor and provider of integrated offshore solutions which enjoys a unique position in the offshore oil and gas industry in that the Group offers solutions…
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.
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.
PetroVietnam Oil Corporation PetroVietnam Oil Corporation Logo
1. Establishment: PetroVietnam Oil Corporation (PV OIL) is a subsidiary of Vietnam National Oil and Gas Group (PetroVietnam), established pursuant to Decision No. 1250/QD-DKVN dated 6th June 2008 of the Board of Directors of PetroVietnam, consolidation of PetroVietnam Trading Company (Petechim)…
Apache Corporation Apache Corporation Logo
Apache has made material discoveries throughout our history that have contributed significantly to our growth. One core strategy at Apache is to be both a competent explorer and acquirer; we believe any company must excel at both to prosper through the long-term cycles of our industry. Our…
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…
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…