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UK's Greater Buchan Development Plans Progress with License Alignment
The North Sea Transition Authority (NSTA) has approved a roughly six-month extension to the second term of the P2170 Verbier license, aligning it with the duration of the P2498 Buchan Horst (Buchan) license as work continues on the Greater Buchan…
FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China
Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China.
Eni-Petronas JV Starts Indonesia-Bound FPSO Construction
Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8 billion North Hub project in Indonesia, the Indonesian government said. The…
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Energean Lifts Karish Fields FPSO Oil Processing Capacity
Energean has commissioned the second oil train on its Energean Power floating production, storage and offloading (FPSO) vessel, increasing liquids processing capacity by 72% to 31,000 barrels per day at the Karish and Karish North fields offshore Israel.
All Production Wells Come Back Onstream at Karoon Energy’s Baúna Field
Karoon Energy has returned all production wells at its Baúna project offshore Brazil to service after restarting the PRA-2 well, lifting field output to about 22,000 barrels of oil per day (bpd). Production from the PRA-2 well resumed on July…
Suriname's GranMorgu FPSO Project to Evaluate Wind-Assisted Towing
STS joint venture, formed by SBM Offshore and Technip Energies, and TotalEnergies EP Suriname have signed an agreement with French company Beyond the Sea to evaluate wind-assisted kite traction towing for the GranMorgu floating production, storage and offloading (FPSO) vessel offshore Suriname.
Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia
Italian energy services group Saipem, through its Saipem Indonesia subsidiary and in a joint venture with PT Tripatra Engineers and Constructors, has won a contract for a floating production, storage and offloading (FPSO) unit for the Kutei North Hub development in Indonesia.
BP Exists Canada's Bay du Nord Project as Equinor Acquires Full Interest
Equinor has agreed to acquire BP’s interest in the Bay du Nord project offshore Canada, increasing its ownership to 100% as it advances the development towards a final investment decision (FID) planned for early 2027. The transaction reflects…
Eni Enlists Altera to Supply FPSO for West African Oil and Gas Project
Altera Infrastructure has signed principal agreements with Eni for the supply of a newbuild floating production storage and offloading (FPSO) vessel for the Baleine Phase 3 development offshore Côte d’Ivoire. The agreements cover engineering…
MODEC Advances Construction of Brazil-Bound Gato do Mato FPSO
MODEC has completed the forward hull section of floating production, storage and offloading (FPSO) vessel Gato do Mato, marking a key construction milestone for the Brazil-bound offshore production unit. The forward hull section, built at Sumitomo…
MODEC Sends Brazil FPSO to Denmark for Recycling After 17 Years in Operation
Cidade de Niterói MV18 floating production, storage and offloading vessel (FPSO) unit, owned and operated by MODEC, has arrived at a ship recycling facility in Denmark after completing charter and operations and maintenance services for Petrobras at the Marlim Leste field offshore Brazil.
SBM Offshore, SWS Sign Deal for Seventh FPSO Hull
SBM Offshore has signed a contract with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading (CSTC) for the construction of its seventh generic Fast4Ward Multi-Purpose Floater (MPF7) hull. The MPF7 will use SBM Offshore's proprietary…
Aker Solutions Inks 'Sizeable' Service Agreement
Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition) five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets. The White Rose field is located approximately 350 km east of St.
Balder Partners Clear Seven-Well North Sea Development Tied to Jotun FPSO
Partners in the Balder field, Vår Energi and Kistos Energy, have taken a final investment decision (FID) on the Balder Next New Wells project in the Norwegian North Sea, which entails a seven-well tieback to the Jotun floating production, storage and offloading vessel (FPSO).
Yinson Production Picks Eureka for FPSO Back-Up Power System
Offshore energy equipment supplier Eureka has secured a contract from Yinson Production to supply a backup power generator set for the Abigail-Joseph floating power, storage and offloading (FPSO) unit, which operates on the Anyala and Madu fields offshore Nigeria.
BW Offshore's FPSO Marks Key Performance Milestone on Barossa LNG Project
BW Offshore has completed the Interim Performance Test (IPT) for the BW Opal floating production, storage and offloading (FPSO) vessel, marking a significant commissioning milestone for the Santos-operated Barossa LNG project offshore northern Australia.
Petrobras' P-79 FPSO Completes First Oil Offloading at Búzios Field
Petrobras' P-79 floating production, storage and offloading (FPSO) unit has completed its first oil offloading after beginning operations at the Búzios field offshore Brazil, according to shipbuilder Hanwha Ocean. Hanwha Ocean, which carried out the engineering…
Vaalco Restarts Production from Baobab Field after FPSO Overhaul
Vaalco Energy has resumed production from the Baobab field on the CI-40 block offshore Côte d’Ivoire following the completion of refurbishment work on the Baobab Ivoirien floating production, storage and offloading (FPSO) vessel. Hydrocarbon…
MODEC, Eld Energy Partner on CCS-Integrated FPSO Fuel Cell Power System
MODEC and Norway-based Eld Energy have signed a memorandum of understanding to develop a 1.2 MW power system integrated with carbon capture for future floating production, storage and offloading (FPSO) vessels. Under the agreement, Eld Energy will lead the design…
Petrobras Nears Deal With SBM Offshore for Two Sergipe FPSOs
Brazil's state-run oil firm Petrobras' negotiation with SBM Offshore for two floating oil and gas production vessels (FPSO) for its Sergipe deepwater project is done, an executive from the company said on Thursday. The contract for the FPSOs is set to be signed soon, the executive added.