It is expected to see about 300 million barrels of oil extracted in 30 years and set back the extraordinary efforts made to curb climate changes.
The Oil Companies International Marine Forum (OCIMF) has released a new information paper, F(P)SO Heading Control Guidelines.
Energean Oil and Gas is pleased to announce that the Energean Power FPSO hull has undocked and floated out from the COSCO Shipyards’ dock at Zhoushan, China, approximately 10 months after first steel cut.
This major project gives MAN Energy Solutions the opportunity to support the advancement of the energy industry in Mexico.
Teekay Offshore announced that it has secured a new $100 million revolving credit facility for the Piranema Spirit, Voyageur Spirit, and Petrojarl Varg FPSO units.
Maersk Supply Service has been selected to deliver an integrated FPSO mooring installation and replacement solution for an American oil major in the Gulf of Guinea.
Mitsui and MOL have participated in a long-term charter business operated by MODEC for the purpose of providing the FPSO for use in the Area 1 block offshore Mexico and a loan agreement for the Project was entered into on April 12, 2019.
TechnipFMC has been awarded by BP a large contract for the EPCIC of the FPSO unit to be deployed offshore on the maritime border of Mauritania and Senegal.
INPEX announced that the INPEX-operated Ichthys LNG Project recently commenced shipment of condensate (ultra-light crude oil) from the FPSO facility “Ichthys Venturer.”