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Brazil Tops Record Monthly Oil Production
Brazil's oil production in August reached 2.989 million barrels per day, up 18.5% over the same month a year ago, as monthly output hit a record high, oil regulator ANP said on Wednesday. Brazilian natural gas production in August rose 25.3% from a year ago to 133.3 million cubic meters per day…
DoJ Drops Shell Investigation
Royal Dutch Shell said on Wednesday that it had been informed by the U.S. Department of Justice that it had closed its inquiry into Shell over the 2011 $1.3 billion acquisition of a Nigerian offshore oilfield. Shell and Italy's Eni are both…
US DOJ Closes Eni Investigations
The U.S. Justice Department has closed its investigations into alleged corruption by oil major Eni in Nigeria and Algeria without taking any action, the Italian energy group said on Tuesday. Eni, the biggest foreign oil and gas producer in Africa…
Excelerate Charters Out Maran Gas FSRU
Excelerate Energy and Maran Gas Maritime have signed a five-year bareboat charter agreement (BBC) for the floating storage regasification unit (FSRU) hull 2477. During the five-year BBC Excelerate will have the option to purchase Hull 2477.
Yinson Wins Extension for Vietnam FPSO
The floating, production, storage and offloading (FPSO) service provider in Malaysia, Yinson Holdings Bhd has been awarded a contract extension for its Lam Son FPSO for operations on the Lam Son field, located offshore Vietnam. "On 30 September 2019…
14 Firms to Bid in Brazil's Massive TOR Auction
Fourteen companies have been officially approved by Brazilian authorities to participate in an oil bidding round in November, in which total signing bonuses are expected to be the biggest so far, exceeding $25 billion, national oil regulator ANP said on Monday.
BP CEO Dudley Planning to Step Down
BP Chief Executive Officer Bob Dudley is drawing up plans to step down next year, ending a tumultuous decade at the helm of the oil and gas company that swung from near collapse in 2010 to rapid growth today, sources close to the company said on Monday.
Barossa FID Expected in Early 2020
Santos, a partner in the Barossa offshore gas and light condensate development offshore Australia, said the project is moving toward a final investment decision (FID) early next year following operator ConocoPhillips awarding the gas export pipeline contract to Dutch contractor Allseas.
BHGE, Ocean Installer Win Balder X Subsea Scope
Independent oil and gas company Vår Energi has awarded a contract to oilfield services company Baker Hughes, a GE company (BHGE) and Norwegian subsea contractor Ocean Installer for the engineering, procurement, construction and installation…
Montara Umbilical Cables Replaced
Independent oil and gas company Jadestone Energy said replacement subsea umbilical cables have been installed at the Montara complex, offshore Australia. The project to replace the umbilical cables, which provide electrical power and control signals to the Montara complex subsea well-heads…
Energean Power FPSO Floated Out
A timelapse video from Energean shows the floating production, storage and offloading unit (FPSO) Energean Power being built over 10 months and then floated out from a COSCO shipyard in Zhoushan, China. The FPSO, which floated out in mid-September…
P-68 FPSO Ready for Deployment
The newbuild P-68 floating production, storage and offloading vessel (FPSO) has left the shipyard and will be deployed to the ultra-deepwater Berbigão and Sururu fields in Brazil’s Santos Basin, builder Sembcorp Marine announced. The vessel…
Kvaerner Eyes FPSO, Renewables Growth
Norwegian engineering and construction services company Kvaerner said it will ramp up its focus on floating production and renewables projects in an effort to achieve 40% growth within two years. Going forward, Kvaerner will expand operations…
API Issues New Integrity Management Rules
The American Petroleum Institute (API) published three new integrity management (IM) standards for operating offshore floating production platforms, including facilities designed to produce natural gas and oil, and export liquefied natural gas (LNG).
Brazil Sells Rights in Minor Oil Areas
Brazil auctioned off the exploration rights to 33 minor onshore and offshore oil and gas blocks on Tuesday, in what authorities framed as a bid to boost the industry outside of the nation's core, offshore pre-salt play. At an event in downtown Rio de Janeiro…
RigNet Wins FPSO Analytics Job
Networking solutions provider RigNet said it has secures a multi-year agreement with Galoc Production Company (GPC) to deploy its machine learning-based analytics platform on board the floating production storage and offloading (FPSO) vessel Rubicon Intrepid…
Bumi Armada Sells FPSO for $40m
Malaysian oilfield services company Bumi Armada Bhd has managed to find a buyer for its floating production storage and offloading (FPSO) vessel Armada Perdana in Nigerian company Century Energy Services (CESL) for RM167.17 million (US$40 million).
SBM Inks Long-term FPSO Deal with Exxon
SBM Offshore and ExxonMobil signed a Long-Term Agreement covering potential future floating production, storage and offloading unit (FPSO) orders. This agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering…
Golar LNG Orders Compressed Air System from TMC
Norwegian company TMC Compressors of the Seas (TMC) has is to supply a compressed air system for a Golar LNG floating liquefied natural gas (FLNG) vessel. TMC will manufacture and deliver seven large Smart Air compressors to be installed on…
NOV to Supply STP System
National Oilwell Varco, a provider of equipment and components used in oil and gas drilling and production, announced new contract award for submerged turret production (STP) system. APL, part of NOV's Completion & Production Solutions segment…
Woodside Resumes Vincent Exports
Woodside Petroleum has offered the first Vincent crude cargo for export since production resumed at the $1.9 billion Greater Enfield project off western Australia, two trade sources with direct knowledge of the matter said on Tuesday. Output at the Vincent field…