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Petrobras Begins Halting Operations of 62 Platforms
Brazil's state-owned oil firm Petroleo Brasileiro SA said on Wednesday it had begun suspending operations of 62 shallow water platforms in the Campos, Sergipe, Potiguar and Ceara basins. Petrobras, as the company is known, had previously announced the shutdowns…
Hurricane Energy 'Very Pleased' with Lancaster EPS Output
The UK-focused oil firm Hurricane Energy has said it is very pleased with the performance of its Lancaster Early Production System offshore the UK. Hurricane started up its Lancaster field west of Scotland's Shetland Islands in May 2019, via the Aoka Mizu FPSO.
Energean FPSO Hull Reaches Singapore. Yard Closed Due To COVID-19
The Mediterranean-focused oil and gas company Energean has said that the hull of its Energean Power FPSO has reached Singapore. The China-built hull is expected to be fitted with the topside modules built in Singapore at the Sembcorp Yard, before setting sail to the Karish offshore field in Israel.
ONGC to Extend Armada Sterling FPSO Contract
Indian oil and gas company ONGC plans to extend the contract for the Armada Sterling FPSO, owned by a joint venture between Bumi Armada and Shapoorji Pallonji Oil and Gas Private Limited. Bumi Armada said Wednesday that its JV company had recently received notification from ONGC…
Chestnut Field Resumes Operations After Virus-related Stop
The Hummingbird floating production vessel linked to the 9,000 barrel per day Chestnut oilfield in the British North Sea has resumed operations after a 10-day shut-down due to the impact of coronavirus on its workforce, its operator said on Tuesday.
BW Offshore's FPSO Stuck in New Zealand
FPSO-leasing company BW Offshore has been unable to remove the Umuroa FPSO from the Tui field in New Zealand following the contract termination, client liquidation, and the country's court and environment regulator intervention. The company…
Petrobras Idles Six Platforms in Campos Basin Due to Coronavirus
Brazil's state-run oil company Petroleo Brasileiro SA said in a letter to the workers union on Thursday that it will idle six oil and gas platforms in five fields of the Campos basin due to the coronavirus epidemic. The company said the idling…
Shell's Carbon Emissions Drop in 2019 to Four-Year Low
Royal Dutch Shell's greenhouse gas emissions declined in 2019 to their lowest in four years, according to data provided by the energy company. At the same time, burning of unused natural gas in Shell's upstream oil and gas operations, a process known as flaring…
SBM Offshore: A Number of Covid-19 Cases Confirmed on FPSO
SBM Offshore, a floating, production, storage, and offloading (FPSO) leasing specialist, has said that a number of COVID-19 cases has been confirmed on one of its FPSOs. "In the last few days, SBM Offshore has transported some crewmembers with symptoms from one FPSO back to shore.
Energean Ups Israeli Offshore Field Size Estimate
Eastern Mediterranean-focused gas group Energean said on Thursday a report showed its Karish North field contained around a third more gas and oil than it had previously thought. The Karish North field, according to an expert report typically used in the industry…
Contract Extension for Petrojarl Knarr FPSO
Oil company Shell has extended the charter for Altera Infrastructure's FPSO Petrojarl Knarr FPSO, operating at the Knarr field offshore Norway. The FPSO owner, which recently rebranded from Teekay Offshore to Altera , said the extension with…
BP Issues Force Majeure Notice for Golar FLNG Unit
Golar LNG Ltd said on Tuesday that it received a force majeure notice from a BP Plc unit seeking to delay taking delivery of a floating liquefied natural gas facility by a year. The notice is the latest force majeure claim issued in the LNG…
Exxon Could Delay Third Guyana Project
Exxon Mobil Corp said on Tuesday that production at the Payara project, its third development in Guyana, could be delayed due to delays in government approvals as the company scales back spending elsewhere due to the crude price crash. Payara's…
North Sea FPSO Shut Down Due to Coronavirus Case Aboard
Production from the Hummingbird Spirit FPSO operating at the Chestnut field in the UK sector of the North Sea has been shut down after a coronavirus case has been confirmed aboard. It was initially understood that there has been one confirmed case…
Petrobras Delays Bids for Offshore Platform
Brazil's state-run oil company Petrobras has delayed by 90 days the deadline for bids to build a production platform in the Itapu field in Santos Basin after a sharp drop in oil prices and concerns about the impact of the COVID-19 pandemic, two people familiar with the matter told Reuters.
Guyana's Oil Output Rises 58%
Guyana's oil output rose 58.2% to 56,320 barrels per day (bpd) in January, up from 35,607 bpd in December, the South American country's finance ministry said in a report published this week. The government is still working with the consortium…
Energean Power FPSO Hull Leaves China
Mediterranean Sea-focused oil and gas company Energean Oil and Gas has informed that its Energean Power FPSO Hull sailed away from the COSCO yard in China on Friday, April 3, 2020. The hull will now be towed to the Sembcorp Marine Admiralty Yard in Singapore…
Petrobras to Double Oil Output Cuts Amid "Worst Oil Industry Crisis in 100 Years."
Brazil's Petrobras will double its oil output cuts to 200,000 barrels per day, or about 6% of total production, and shorten work hours as the state-controlled company responds to what its chief executive has called the "worst oil industry crisis in 100 years." Petroleo Brasileiro SA…
Aker Energy Delays Ghana Offshore Project 'Indefinitely'
Ghana's President Nana Akufo-Addo in February said he expected Norwegian oil firm Aker Energy to make a final investment decision on the Pecan offshore development "within a month or two." The wait is now set to be prolonged "indefinitely." Namely…
CNRI Files Removal Plan for Two North Sea Floaters
CNR International (CNRI) has filed plans for the removal of the Petrojarl Banff FPSO and the Apollo Spirit FSO, from its Banff and Kyle fields in the North Sea. Apart from the two floaters, CNRI will also remove the associated risers and mooring systems.
Brazil: FPSO Charter Ends 5 Years after Deadly Explosion
FPSO leasing company BW Offshore has informed that a charter for FPSO Cidade de Sao Mateus has expired. The FPSO was involved in an explosion in February 2015, an incident in which nine workers were killed, and 26 others injured. There were…