Search found 146 matches

by escveritas
Sun Nov 17, 2019 10:15 am
Forum: West Africa
Topic: BW Adolo FPSO
Replies: 1
Views: 283

Re: BW Adolo FPSO

BW Offshore: Hibiscus reserve estimates raised after successful completion of drilling operations BW Offshore is pleased to announce the successful completion of drilling operations on the Hibiscus Updip prospect in the Dussafu license. Both the exploration well and appraisal side-track encountered ...
by escveritas
Sun Nov 17, 2019 10:14 am
Forum: Oil and Gas News
Topic: BW Offshore: Update on FPSO Umuroa
Replies: 0
Views: 2

BW Offshore: Update on FPSO Umuroa

Following the termination of the FPSO contract and recent developments, BW Offshore Limited (BWO) has assessed contractual hire which is due but not paid by the client Tamarind Resources for the FPSO Umuroa. The assessment has identified uncertainties related to payment of outstanding overdue hire a...
by escveritas
Sun Nov 17, 2019 10:14 am
Forum: Oil and Gas News
Topic: BW Offshore: Contract extension for FPSO Polvo
Replies: 0
Views: 1

BW Offshore: Contract extension for FPSO Polvo

BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of FPSO Polvo. The firm period has been extended to Q3 2020 (from Q3 2019), with options until Q3 2022.
by escveritas
Sat Nov 16, 2019 3:49 am
Forum: South East Asia
Topic: Krisenergy Apsara Field Development
Replies: 1
Views: 201

Re: Krisenergy Apsara Field Development

Singapore, 13November 2019- KrisEnergy Ltd. (“KrisEnergy” or “the Company”), an independent upstream oil and gas company,is pleased to announce that its wholly-owned subsidiary, KrisEnergy (Apsara) Company Limited, has signed a conditional letter of award with PT Profab1(“Profab”)for the supply of a...
by escveritas
Thu Nov 07, 2019 2:08 pm
Forum: North America
Topic: Shell to make FID on GOM oil find in 2020
Replies: 1
Views: 263

Sembcorp Marine bags Shell's floating production unit Whale contract

Sembcorp Marine Rigs & Floaters has won a contract from Shell Offshore to build and integrate the topside and hull of a floating production unit (FPU) in the Gulf of Mexico. The FPU is being made for Shell's Whale field development, with the agreement coming ahead of a final investment decision to b...
by escveritas
Wed Nov 06, 2019 9:36 am
Forum: South America
Topic: Sembcorp Marine’s Brazilian shipyard completes Petrobras P-68 FPSO
Replies: 0
Views: 12

Sembcorp Marine’s Brazilian shipyard completes Petrobras P-68 FPSO

Sembcorp Marine’s wholly-owned and operated subsidiary Estaleiro Jurong Aracruz (EJA) has crossed a significant operational milestone with the completion of its first floating production, storage and offloading (FPSO) project. P-68, a newbuild FPSO vessel, left the shipyard today and will be deploye...
by escveritas
Wed Nov 06, 2019 9:21 am
Forum: South America
Topic: Petrobras Developed Marlim-1 and Marlim-2 FPSO for Marlim Field
Replies: 0
Views: 10

Petrobras Developed Marlim-1 and Marlim-2 FPSO for Marlim Field

Petrobras reports that it has signed letters of intent (LoI) with the Japanese company Modec (Marlim Unit 1) and the Malaysian company Yinson (Marlim Unit 2), for the chartering of two FPSO platforms. The units will be used in the production development project of the Marlim and Voador fields revita...
by escveritas
Wed Oct 30, 2019 7:16 am
Forum: Oil and Gas News
Topic: MODEC Awarded Contract to Supply FPSO for Barossa Field offshore Australia by ConocoPhillips
Replies: 0
Views: 67

MODEC Awarded Contract to Supply FPSO for Barossa Field offshore Australia by ConocoPhillips

MODEC, Inc. ("MODEC") is pleased to announce that it has signed a contract with ConocoPhillips Australia Barossa Pty Ltd to supply a Floating Production Storage and Offloading (FPSO) vessel for the Barossa field, offshore Australia. The Barossa FPSO is intended to produce gas and condensate from sub...
by escveritas
Tue Oct 22, 2019 5:52 am
Forum: Oil and Gas News
Topic: SBM Offshore completed US$1.14 billion financing of Liza Unity
Replies: 0
Views: 110

SBM Offshore completed US$1.14 billion financing of Liza Unity

SBM Offshore announced that it completed the project financing of FPSO Liza Unity for a total of US$1.14 billion. The project financing was secured by a consortium of nine international banks. The Company expects to draw the loan in full, phased over the construction period of the FPSO. The financin...
by escveritas
Sat Oct 12, 2019 11:30 am
Forum: Oil and Gas News
Topic: Energean Oil & Gas to acquire Edison E&P
Replies: 0
Views: 112

Energean Oil & Gas to acquire Edison E&P

Energean (LSE: ENOG, TA: אנאג) the oil and gas producer focused on the Mediterranean is pleased to announce that it has entered into a conditional sale and purchase agreement to acquire Edison Exploration & Production S.p.A. (“Edison E&P”) from Edison S.p.A. (“Edison”) (the “Acquisition”) for US$750...