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Belgium's Exmar Loss Deepens as it Seeks LNG Ship Charterer
Belgian shipowner Exmar reported a wider loss in the first quarter of 2022 as it continued to seek a user to charter one of its giant liquefied natural gas (LNG) ships. Exmar, which offers maritime and offshore services, reported a consolidated…
World Energy Reports: Gas Supply Fears Drive Interest in FSRUs in Europe
Fears of gas supply interruptions due to Russian gas export constraints are driving interest and demand for floating regasification terminals, with contracting activity for oil and gas floaters also being quite active, World Energy Reports said in April 2022 Floating Production Systems Report.
BW Offshore Says Fatal Incident in Indian Yard Not Related to Its FPSOs
Oslo-listed FPSO leasing company BW Offshore said Wednesday a fatal incident had occurred in the Priya Blue shipyard in India, but that it was not related to ongoing recycling of former BW Offshore FPSOs at the yard. BW Offshore said in February…
Floating LNG Terminal to Enter Operation at Early 2023 in Germany -Welt
A floating liquefied natural (LNG) gas terminal will enter operation at the start of 2023 in the German state of Schleswig-Holstein, newspaper Die Welt reported on Tuesday, citing state premier Daniel Guenther. "We are working at full speed on this ...
Engineering Firm Wood Lands Work on Woodside's Sangomar FPSO Project
Australian oil and gas company has hired engineering firm Wood for work on the Sangomar FPSO development, located 100km south of Dakar, Senegal. The Sangomar FPSO is designed for the processing of hydrocarbons and the storage of oil from Senegal's first offshore oil development.
Short-term Extension for Espoir Ivorien FPSO in Ivory Coast
Oslo-listed FPSO leasing company BW Offshore has entered into a short-term contract extension for the Espoir Ivoirien FPSO, moored offshore Ivory Coast. The vessel's firm contract with CNR is scheduled to expire in 2022, but there are extension…
Workers Evacuated after Fire Breaks Out on North Sea FPSO
A fire broke out in a store room at the Petrojarl Foinaven, located at BP's Foinaven field, west of Shetland, on Saturday, prompting an evacuation of non-essential staff, BP has confirmed to Offshore Engineer. "BP is working with [Petrojarl…
VIDEO: SBM Offshore's Prosperity FPSO Leaves Dry Dock in Singapore
The hull of the FPSO Prosperity, which will be Guyana's third offshore production unit after the Liza Destiny and Liza Unity, has recently left the dry dock in Singapore, in preparation for topside installation works. The hull arrived in Singapore last year from China where it was built.
Eni Shares Major Resource Upgrade for Ndungu Field Offshore Angola
Italian oil firm Eni on Monday announced "a major upgrade" of the resource base in the Ndungu field, located some 130 km off the coast of Angola, and about 10 km from the Ngoma FPSO in the West Hub of block 15/06. Eni said it had drilled the…
Ampelmann, MMA Offshore Team Up for FPSO Support in Ivory Coast
Dutch offshore gangway specialist Ampelmann said Thursday it had secured a contract to support maintenance work on a floating production storage and offloading unit (FPSO) in Ivory Coast. "An A-type motion compensated gangway has been fitted to MMA Offshore’s DP2 vessel…
Norway: Shell Given OK for Knarr FPSO Removal
Oil major Shell has received regulatory approval for the removal of the Petrojarl Knarr FPSO and seabed structures on the Knarr field, offshore Norway. Discovered in 2008, Knarr is a field in the northern part of the North Sea, 50 kilometers northeast of the Snorre field.
Italy Plans Two FSRU Units to Cut Russia Gas Reliance
Italy is looking to install two floating storage and regasification units (FSRU) to boost liquefied natural gas (LNG) imports as part of plans to cut reliance on Russian gas, Italy's energy transition minister said on Tuesday. "Today we officially…
BW Offshore Sells FPSO Umuroa for Scrap
After it last month said it would recycle its FPSO BW Cidade de São Vicente, FPSO owner BW Offshore has now agreed to sell another FPSO for scrap, this time the FPSO Umuroa. The company said Monday it had signed an agreement to recycle the…
Energean Connects Karish Gas Field to Israel National Gas Line
Mediterranean Sea-focused oil and gas company Energean has this week announced the connection of its Karish offshore gas field to the Israel National Gas Line (“INGL”), "an important milestone in facilitating the operational readiness of the Karish field development." "Once onstream…
Equinor, Altera Pen Deal to Deploy Petrojarl Knarr FPSO at Long-stalled Rosebank Project
Norway's Equinor has confirmed to Offshore Engineer that it has signed an agreement with FPSO owner Altera Infrastructure that could see the Petrojarl Knarr FPSO redeployed at the long-stalled Rosebank project in the UK North Sea. The FPSO is currently producing oil from Shell's Knarr field…
PHOTO: Johan Castberg FPSO Sets Off for Norway
Singapore's Sembcorp Marine has delivered the Norwegian Barents Sea-bound Johan Castberg FPSO to Equinor. The FPSO has set off for Norway, loaded aboard Boskalis' Boka Vanguard semi-submersible heavy transportation vessel. Johan Castberg is Sembcorp Marine’s first EPC newbuild FPSO.
Guyana May Choose to Develop Future Oil Prospects on Its Own
Guyana could form a national oil and gas company to oversee its own exploration instead of conducting an offshore drilling auction this year, a government official told international oil executives on Tuesday. The tiny South American country…
MacGregor to Deliver Offloading Systems for China's First Cylindrical FPSO
MacGregor, part of Cargotec, has won a contract to supply two FPSO offloading systems for the Liuhua 11-1/4-1 redevelopment project located in the east part of the South China Sea. The contract has been awarded following the successful cooperation…
Liza Unity: Exxon's Second FPSO in Guyana Produces First Oil
Exxon Mobil Corp on Friday said it is accelerating output at its Guyana offshore oil development, starting a new production vessel that will bring total capacity to more than 340,000 barrels per day. An Exxon-led consortium started production…
Prelude FLNG to Stay Shut in 1Q 2022
Oil major Shell expects its Prelude FLNG unit in Australia, the world's largest unit of the type, will remain shut for most of the first quarter of 2022. The world's largest FLNG facility had in January 2021 year resumed LNG cargo shipments…
Oil Hits Seven-year High
Oil prices reached seven-year highs on Friday as geopolitical tensions and a winter storm in the United States fueled concerns over supply disruptions. Brent crude rose $1.71, or 1.9%, to $92.82 a barrel by 1348 GMT, having earlier touched its highest since October 2014 at $93.05. U.S.