Maritime News

 

Eni Must Improve Safety in the Arctic -Norway Watchdog

Dec 11, 2018

Italian oil company Eni must do more to improve safety at its Arctic Goliat oilfield, which produces up to 100,000 barrels of crude per day, Norway's oil safety watchdog said on Tuesday.The world's northernmost oilfield has suffered a number of incidents since it started production in March 2016…

Eni Makes New Oil Find Offshore Angola

Dec 10, 2018

Italy's Eni said it ha struck a new oil discovery in the Afoxé exploration prospect located in Block 15/06, offshore Angola.The discovery, estimated to contain between 170 and 200 million barrels of light oil in place, was made in the Afoxé-1 NFW well located in the southeast area of Block 15/06…

Eni Starts Production at Vandumbu Field

Dec 10, 2018

Italy's Eni said it has started production from the Vandumbu field in Block 15/06 through West Hub N’Goma floating production, storage and offloading unit (FPSO).Block 15/06 is located approximately 350 kilometers northwest of Luanda and 130 kilometers west of Soyo…

EnQuest Sees 20% Higher Oil Production in 2019

Dec 05, 2018

EnQuest expects to produce about 20 percent more oil next year as the indebted British North Sea producer strives to recover from a series of minor setbacks at its flagship field.The company said on Wednesday it expected to produce between 63…

ExxonMobil Makes Discovery Off Guyana

Dec 03, 2018

U.S. major ExxonMobil has made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels, reinforcing potential for at least five floating storage…

Husky SeaRose FPSO Ops Suspended

Nov 27, 2018

Operations at the SeaRose floating production, storage and offloading (FPSO) vessel are suspended, with all production wells secure, after an oil release, according to information released by Husky EnergyOperations will remain suspended until…

First Steel Cut for Karish and Tanin FPSO

Nov 27, 2018

Energean Oil and Gas announced that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, on Monday. The FPSO is scheduled to be delivered to the Karish field offshore Israel in late 2020…

Addax Petroleum Extends Yinson’s Adoon FPSO Deal

Nov 25, 2018

Nigeria-focused oil company Addax has extended the charter for the Yinson-owned FPSO Adoon for another three months, pending discussion for a potential longer-term deal.'Unless otherwise expressly defined in this announcement, terms and expressions…

Incoming Petrobras CEO: No Decision Yet on Future Pre-salt Auctions

Nov 23, 2018

No decision has yet been taken on the types of contract to be offered in Brazil's pre-salt deep water oil auctions, the incoming head of Petroleo Brasileiro SA said on Thursday, adding that fuel price policy is still being discussed.(Reporting by Mateus Maia Editing by Marguerita Choy)

Big Oil Digs North Sea's 'Final Frontier'

Nov 23, 2018

'Little hope of THIS rock ever producing oil,' BP geologist Bill Senior scribbled in 1977 on a note assessing a recent oil discovery in a distant corner of the North Sea.That same rock is today the heart of BP's prized Clair field in the West of Shetland region…

Sapura Energy Wins Contracts in Mexico, Malaysia

Nov 21, 2018

Malaysia-based integrated oil and gas services Sapura Energy Berhad has strengthened its presence in Mexico and Malaysia with new contract wins valued at approximately RM1.75 billion (USD 410 mln).The new contracts have lifted the company’s…

Johan Castberg Topside Construction Begins

Nov 21, 2018

Norwegian minister of petroleum and energy Kjell-Børge Freiberg cut the first sheet for the topside of the Johan Castberg floating production, storage and offloading unit (FPSO) at Kværner's yard at Stord on Wednesday as part of a large scale  project triggering ripple effects throughout Norway…

Castello Branco Named Petrobras CEO

Nov 19, 2018

Brazil's incoming far-right government on Monday tapped a University of Chicago-trained economist with experience in the oil sector to be the chief executive of state-controlled Petroleo Brasileiro SA, amid a debate over privatization of the company's assets…

SBM Offshore: $45 Mln in Extra Impairments in Q3

Nov 15, 2018

SBM Offshore, the Netherlands-based maker of floating oil and gas production facilities, on Thursday said it expected $45 million in impairments in Brazil and the United States.In Brazil, SBM Offshore has decided to temporarily close the Brasa…

Petrobras Starts Production at P-75 Platform

Nov 12, 2018

The P-75 floating production, storage, and offloading unit (FPSO) has begun producing oil and natural gas in the Búzios 2 area of the pre-salt Santos Basin, Brazil's state-run Petroleo Brasileiro SA (Petrobras) said.With a daily capacity to process up to 150…

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