SBM Offshore completed the project financing of the Cidade de Saquarema floating production and storage offloading vessel (FPSO) for a total of US$1.55 billion, which is the largest project financing in the company’s history. Modules…
SBM Offshore has divested a 45% stake in the FPSO Turritella to Mitsubishi Corp. (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line). MC purchased 30% stake and NYK Line purchased 15% stake in the joint venture companies incorporated for the purpose of owning and operating the vessel…
BRASA celebrated the arrival of SBM Offshore’s Cidade de Maricá FPSO. The vessel berthed safely at the Niteroi-Rio based yard on 9 July 2015. She had arrived in Brazilian waters mid-June, following her 19,678km voyage from China. Brasa shipyard…
Russian gas producer Gazprom and Shell signed an agreement to expand the Sakhalin-2 LNG project. Sakhalin-2 saw the development of two offshore oil and gas fields: Piltun-Astokhskoye and Lunskoye, off the north-eastern coast of Sakhalin…
ExxonMobil signed a production sharing agreement (PSA) with the Cote d'Ivoire governmentfor two ultra deepwater blocks in the Gulf of Guinea. The PSA is for the Blocks CI-602 and CI-603 located in the southern Ivory Coast. CI-602 covers 3874sq km and CI-603 covers 5543sq km…
Statoil received consent to use the Songa Dee mobile drilling facility to permanently plug exploration well 34/10-52 A/B, according to the Petroleum Safety Authority Norway. Well 34/10-52 A/B is located at the Statoil-operated Gullfaks Sør…
The Cidade de Ilhabela floating production storage and offloading unit (FPSO) sailed from the Brasa shipyard on 15 September, marking the first FPSO to be integrated at Brasa’s quay number two. The departure of the FPSO is a milestone for 2-year-old Estaleiro Brasa (shipyard)…
Japan’s Mitsubishi Corp. acquired 20% of US-based Anadarko Petroleum’s interest in Block C1-103 off the coast of Côte d’Ivoire, becoming the first Japanese company to enter the oil and gas exploration business in the area. Map of Block C1-103…
The Energy Research Centre of the Netherlands (ECN) conducted tests to validate and subsequently approved Mitsubishi Electric’s compact wind lidar as complying with European wind measurement standards. The lidar (portmanteau of “light”…
Russia’s OAO Rosneft has filed a suit against the Gazprom-led Sakhalin Energy consortium to obtain access to the Sakhalin-2 gas pipeline, RIA Novosti reported 7 July. Rosneft is developing a 5mtpa LNG terminal with ExxonMobil in the Far East that was scheduled to launch 2018…
SCF Group (Sovcomflot) and Sakhalin Energy Investment Co. Ltd. (Sakhalin Energy) have signed a contract for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms…
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…
Russia-based Gazprom and Shell signed an agreement for the preparation of FEED documents for the production of LNG within the Sakhakin II project off Sakhalin Island, Russia. “We welcome the sequential approach of our partner Gazprom to expanding the LNG plant in the Prigorodnoye settlement…
QGOG Constellation S.A. announced that Queiroz Galvão Óleo e Gás S.A. (QGOG), together with its partners, signed contracts valued at US $3.5 billion for the 20-year charter and operation of two FPSOs, Cidade de Maricá and Cidade de Saquarema…
Chesapeake Energy Corp. chose Robert Douglas Lawler, Anadarko’s senior vice president of international and deepwater operations, to replace Aubrey McClendon. Svein Arild Killingland joins Norwegian Energy Co. (Noreco) as its CEO, succeeding Einar Gjelsvik…
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