BP refurbishing FPSO Greater Plutonio for extended service

Jan 1st, 2019

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Castberg partners rule out Barents Sea oil terminal

High costs have scuppered plans for a downscaled ship-to-ship oil transfer terminal in northern Norway receiving production from fields in the Barents Sea.

Africa, Brazil leading offshore upstream investment in 2020

Rystad Energy expects total upstream investments next year to decrease by around 4%, with shale set to experience a steep decline.

Northwest Europe gas output set for steep decline

Natural gas production in northwest Europe looks set to fall by around 25% from current levels over the next five years, according to GlobalData.

OneSubsea will supply the industry's first fully integrated subsea production system rated up to 20,000 psi for the deepwater Anchor field in the US Gulf of Mexico.

OneSubsea to provide production systems for Anchor

Chevron U.S.A. Inc. has commissioned OneSubsea to supply an integrated subsea production and multiphase boosting system for the Anchor field in the deepwater US Gulf of Mexico.

Kvaerner is building the topsides modules for Equinor's Johan Castberg FPSO.

Norwegian, Korean groups jointly target FPSO bids

Kvaerner has agreed to collaborate with Samsung Heavy Industries and Aker Solutions on joint delivery of upcoming FPSO contracts.

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Total launches FEED for North Platte

Total has started front-end engineering and design for the deepwater North Platte discovery in the US Gulf of Mexico.

Anchor is in the Green Canyon area of the Gulf of Mexico.

Chevron greenlights Anchor in the deepwater Gulf of Mexico

Chevron Corp. has sanctioned the $5.7-billion Anchor project in the deepwater US Gulf of Mexico.

Phase 1 of Ærfugl involves drilling three wells on the southern part of the field, with three more added in the northern section under Phase 2.

Aker BP orders subsea kit for Ærfugl 2 offshore mid-Norway

Aker BP has awarded two of the main contracts for Phase 2 of the Ærfugl-Skarv subsea tieback 210 km (130 mi) west of Sandnessjøen in the Norwegian Sea.

More discoveries needed to sustain long-term offshore developments

There are sufficient oil field discoveries with a breakeven oil price of below $60 Brent to meet global demand growth until around 2027, according to consultant Rystad Energy.

The FPSO Sepetiba will incorporate SBM’s Fast4Ward hull and standardized topsides modules.

SBM confirms arrangements for Mero FPSO offshore Brazil

SBM Offshore has signed contracts with Petrobras for the 22.5-year lease and operation of the FPSO Sepetiba (formerly known as Mero 2).

Petrofac has now agreed to seven framework arrangements in the UK sector in 2019.

Petrofac secures more North Sea support deals

Petrofac has negotiated two new framework agreements for the provision of engineering, procurement, construction, and commissioning services in the UK North Sea.

Polarcus awarded offshore Brazil 4D survey

Polarcus has secured a 10-month marine seismic acquisition program off Brazil starting in 3Q 2020.

Talos Energy Inc. has agreed to acquire a broad portfolio of producing assets from affiliates of ILX Holdings, Castex Energy and Venari Resources.

Talos Energy to acquire several Gulf of Mexico producing assets

Talos Energy Inc. says that it will acquire a broad range of US Gulf of Mexico producing assets for $640 million.

Overview of exploration licenses offshore Lebanon.

Lebanon hoping for offshore exploration upturn

Rystad Energy forecasts an upsurge in exploration activity offshore Lebanon and Israel over the next few years.