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Offshore

Seapulse, EnQuest to cooperate on exploration, development

Seapulse has entered an alliance with London-based E&P independent EnQuest.

Mega Jack assists Mexican platform load-out

 ALE has managed load-out of a large platform for a project in the Mexican offshore sector.

BW Offshore moves to acquire Maromba field from Petrobras and Chevron

Singapore’s BW Offshore said it is contemplating to enter into agreements to acquire 100% of the Maromba field offshore Brazil

Havila Shipping says almost half of its vessels are underperforming

Norway’s Havila Shipping says that 12 vessels in its fleet have failed performance tests, required as part of its restructuring.

ONGC finds gas, oil in two basins offshore India

ONGC has made two recent discoveries offshore India, the company revealed in its latest results statement.

Nigerian election result may slow petroleum reforms process

Wood Mackenzie sees little change of direction for Nigeria’s oil and gas industry in the immediate future following the re-election of Muhammadu Buhari as president.

BP commissions TechnipFMC to supply Tortue Ahmeyim FPSO

 BP has awarded TechnipFMC an EPCIC contract for the deepwater Tortue Ahmeyim FPSO which will operate offshore the maritime border of Mauritania and Senegal.

Yinson, First E&P in USD902mln FPSO Deal

Malaysia’s floating production storage and offloading-operator Yinson and Nigerian oil company First Exploration & Petroleum Development Company

Höegh LNG Doubles Profit

Hoegh LNG, a provider of floating liquefied natural gas (LNG) services under long-term contracts, reported a profit after tax of $ 44.98 million

Subsea 7 updates project, vessel developments

 Subsea 7 has issued a progress report on its subsea construction projects in its latest financial review.

ExxonMobil makes deepwater gas discovery off Cyprus

ExxonMobil has made a natural gas discovery with the Glaucus-1 well offshore southwest Cyprus.

INEOS to overhaul North Sea Forties pipeline

INEOS plans to spend £500 million ($665 million) on extending the life of the Forties Pipeline System  in the UK central North Sea into the 2040s.

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