Chinese operator CNOOC Ltd, a joint venture partner together with ExxonMobil and Hess in the Liza field offshore Guyana, has launched tenders for the installation of subsea facilities for its Liuhua oil complex in the Pearl River Mouth basin...
(Offshore Engineer) While exploration hasn’t been as hot as it used to be, the finds this year have been big and plentiful. Wood Mackenzie has provided the year’s 10 biggest finds by volume.
#1 – Yakaar, Senegal
In May this year,...
Executive member of Guyana’s Private Sector Commission (PSC), Ramesh Dookhoo, is urging the Guyana government and the lone opposition party - People’s Progressive Party Civic (PPP/C), to redouble their efforts at working together for the betterment of the South...
(Hart Energy) Spain’s Repsol and Germany’s VNG presented separate plans on Dec. 19 to develop two Norwegian oil and gas fields for a combined 18.2 billion Norwegian crowns (US$2.17 billion), Norway’s Ministry of Petroleum and Energy said.
VNG’s Fenja oil...
(Hart Energy) Eni SpA has confirmed the start of production from the supergiant Zohr Field, which puts Egypt on course to become an energy exporter with the field’s more than 30 trillion cubic feet of potential gas in place.
Startup...
SBM Offshore said on Wednesday that on December 19, 2017 it completed the project financing of FPSO Liza Destiny for a total of US$720M.
The project financing was secured by a consortium of twelve international banks. The Company expects to draw the...
As preparation ramps up for oil production in 2020, the Government of Guyana is to establish a cost-recovery sub-committee, according to information reaching OilNOW. While details remain sketchy, it is believed that this sub-committee will be resident within the...
Keppel Offshore & Marine (Keppel O&M) has bagged projects from repeat customers Petrobras and SOFEC Inc. (SOFEC) with a total value of $130M.
According to a press release, the projects were bagged by its two wholly-owned subsidiaries Keppel FELS Brasil...
(Reuters) Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of Mexico production platform.
The...
Japan’s MODEC, Inc. said on Tuesday it has signed a contract for supply, charter, and operations of a Floating Production Storage and Offloading (FPSO) vessel with Petróleo Brasileiro S.A. (Petrobras) as Leader and Operator of the Libra Consortium on...
