SBM Orders Seventh Fast4Ward Hull

Dutch FPSO leasing specialist SBM Offshore has ordered its latest Fast4Ward multi-purpose floater hull as it marked a new record level order book at $31.1 billion.  The latest Fast4Ward floating production unit (FPU) is expected to be delivered in 2024, the firm said yesterday in its half year earnings. It also said it could have... Continue Reading →

APA drilling more prospects offshore Suriname

(OM)  APA Corp. has issued a brief update on its offshore E&P operations in its latest results statement. The company and partner/operator TotalEnergies plan further appraisal of the Krabdagu Field offshore Suriname after completing two flow tests on the discovery well. APA and its partners are drilling further on exploration wells on Block 58 (Dikkop) and... Continue Reading →

Repsol’s Guyana well hits water-bearing targets

Spanish oil company Repsol has found good quality reservoir at its exploration well offshore Guyana but both targets are water-bearing and the well has been plugged and abandoned. The Beebei-Potaro exploration well was drilled in the Kanuku licence, offshore Guyana. The licence is operated by Repsol with a 37.5 per cent interest with Tullow Oil holding... Continue Reading →

SBM working to restore operations on Petrobras FPSO

The Cidade de Anchieta FPSO remains shut down, six months after oil was observed close to the vessel during operations for Petrobras in the Espirito Santo Basin offshore Brazil. In its latest results statement, SBM Offshore said an estimated 191 cu. m of oil was released to the sea. The vessel, which had been operating in the Parque das Baleias area, is currently... Continue Reading →

AVANGRID To Take Over Vineyard Wind 1 Operations

Iberdrola Group company AVANGRID has finalized an agreement to take over responsibility as the operations and management services provider for Vineyard Wind 1, the U.S.' first commercial-scale offshore wind project.  The agreements include an operations and maintenance service agreement and asset management agreement, which designate AVANGRID as the party responsible for overseeing the operation and... Continue Reading →

ExxonMobil hires another Kotug vessel to support Guyana FPSOs

U.S.-based energy giant ExxonMobil has picked another vessel from Kotug, a Dutch towage services provider, for operations entailing the provision of terminal towage support for two floating production, storage and offloading (FPSOs) units offshore Guyana. Kotug revealed on Tuesday that this deal was awarded by ExxonMobil’s subsidiary Esso Exploration and Production Guyana (EEPGL) and it... Continue Reading →

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