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Liza Unity FPSO Hits Peak Output
An Exxon Mobil led oil consortium has achieved peak production of 252,000 barrels per day from its Liza Unity production vessel, Exxon Guyana Country Manager Alistair Routledge said on Wednesday. The consortium, which includes Exxon, Hess and CNOOC…
Into the Deep: Offshore Production Increasingly Finds Deeper Waters
Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…
Vår Energi Sells Norne Assets to DNO and Increases Ringhorne East Stake
Norwegian oil and gas company Vår Energi has sold stakes in five oil and gas fields in the Norne area in the Norwegian Sea for $51 million to DNO Norge, which in turn will transfer its stake in the Ringhorne East unit to Vår Energi. The transaction…
Liza Unity is First FPSO to Earn ABS REMOTE-CON Notation
The ABS-classed Liza Unity has received the first REMOTE-CON notation for an floating production storage and offloading (FPSO) from ABS. The notation demonstrates the vessel’s alignment with remote-control functions and signifies that the design…
MODEC Hires Seatrium for Errea Wittu FPSO Topsides Integration
Seatrium has secured a topsides integration contract from MODEC's company Offshore Frontier Solutions for the Errea Wittu floating production storage and offloading (FPSO) unit. The contract scope of work covers the installation and integration of topside modules onboard the FPSO Errea Wittu…
BW Offshore Concludes Sale of FPSO Polvo
Oslo-listed FPSO leasing company BW Offshore has completed the sale of its laid-up FPSO Polvo to BW Energy. The agreed price was $50 million, for which BW Energy $30 million upon the vessel transfer date, with the remaining $20 million provided as a seller’s credit by BW Offshore.
MODEC Completes GHG Emissions Quantification Project for FPSOs in Brazil
MODEC and JGC Corporation have completed a project to measure and quantify emissions of methane and other greenhouse gases from the FPSOs off the coast of Brazil which are chartered and operated by MODEC. It is the first time that Japanese companies…
One-on-One: Rob Langford, VP, Global Offshore Wind, ABS
As the U.S. offshore wind industry endures a predictable number of stops and starts during its adolescence, common mantras are ‘learn from the established European model’ and ‘embrace technology transfer from the offshore oil and gas sector.’ In Robert Langford…
Subsea7 and Equinor Strengthen Collaboration, Agreeing Work on Two Fields
Subsea7 has signed a new long-term strategic collaboration agreement between Equinor and Subsea Integration Alliance, which comprises Subsea7 and OneSubsea, securing exclusive collaboration on the Wisting field offshore Norway, and Bay du Nord, off Newfoundland and Labrador in Canada.
Yinson Completes $1.3B Financing for Agogo FPSO
Yinson Production has closed the limited recourse term loan facility of up to $1.3 billion for the pre and post-delivery financing of the Agogo FPSO, whish is set for deployment on Azule Energy’s development offshore Angola. The financing is provided by a consortium of 13 lenders…
Amplus Sets Up JV to Target Untapped Reserves in West Africa
Floating production solutions specialist Amplus Energy and Nigeria-based Versatile Group (VG Energy) have set up a joint venture Amplus VGE to unlock lucrative marginal fields in West Africa. With the support from Norway’s Carbon Circle, the…
Dorado Project Offshore Australia on Track to Being FID-Ready by End of 2024
One of the largest offshore oil discoveries in Western Australia, the Dorado Project, has made ‘significant’ progress towards towards the Final Investment Decision (FID)-ready target for the end of 2024, set by Dorado joint venture partners Santos, Carnarvon, and OPIC Australia.
Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig
Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea. The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field.
Vallourec Wins ExxonMobil’s Whiptail Order Offshore Guyana
France-based tubular solutions supplier for the energy market Vallourec has secured an order from ExxonMobil for the supply of line pipe for the Whiptail development, offshore Guyana. This is the fourth major order in the framework of the long-term agreement signed in 2021 with ExxonMobil Guyana.
Techouse Delivers Voyageur Spirit FPSO Equipment
Norwegian company Techouse has delivered a new sulphate removal unit (SRU) that will be installed on board the Voyageur Spirit FPSO, which is set for deployment at Eni-operated Baleine oil field offshore Côte d'Ivoire. Having secured the contract in May 2023…
Búzios Field Hits 1 Billion Barrels of Oil Production Offshore Brazil
Petrobras, in a consortium with CNOOC, CNODC, and PPSA, has marked a new milestone with the Búzios field, which has reached 1 billion barrels of oil (bbl) produced since the start of operations in 2018. The milestone was reached on March 31…
Petrofac Lands $350M Deal for Work Off Equatorial Guinea
Oilfield services provider Petrofac has secured a technical services contract from the national oil company of Equatorial Guinea GEPetrol to support the operations of Block B assets. Under the contract, valued at around $350 million over five years…
ONGC Hires Consortium to Deliver FEED Work for Bay of Bengal Oil Field
India’s Oil and Natural Gas Corporation (ONGC) has awarded pre-FEED/FEED contract for Cluster-1 Development, located in Krishna Godavari (KG) Basin in the Bay of Bengal to Nauvata Energy Transition (NET Enterprise) and PERC Engineering. The contract encompasses concept study…
Strohm Reels In ExxonMobil’s Third TCP Deal Offshore Guyana
Thermoplastic composite pipe (TCP) technology company Strohm has secured a contract from ExxonMobil for the supply of pipes for the Whiptail project, offshore Guyana. This brings the project count for the Netherlands-based manufacturer to three for ExxonMobil Guyana…
TechnipFMC Picks Up ‘Large’ Subsea Contract for ExxonMobil’s Whiptail Off Guyana
Oilfield services company TechnipFMC has secured a ‘large contract’ from ExxonMobil to supply subsea production systems for the Whiptail development in Guyana’s Stabroek block. TechnipFMC will provide project management, engineering, and manufacturing…
Saipem Gets Go-Ahead for ExxonMobil’s Guyana Oil Development
Italian offshore energy services firm Saipem has received authorization to proceed with the execution of works for ExxonMobil’s Whiptail oilfield development project, in the Starbroek block offshore Guyana. The go-ahead from ExxonMobil Guyana…