The swift oil price crash caused by the Covid-19 pandemic will reduce the combined free cash flow of FPSO fields, which have produced above three quarters of their original resources at just $2.20 per barrel this year.
Operator Aker BP and partners report that production has started from the first Ærfugl phase 2 well in the Norwegian Sea – three years ahead of the original plan.
Teekay Corporation has announced that it has entered into a new bareboat charter contract with the Foinaven Operator, for the Petrojarl Foinaven (Foinaven) floating...
Aker Energy Ghana Limited (“Aker Energy”) has entered into a Letter of Intent (LOI) with Yinson Holdings Berhad (“Yinson”) to award a bare-boat charter...
Equinor has, on behalf of the partners ExxonMobil and Petrogal Brasil entered into Front End Engineering and Design (FEED) contracts with early commitments and...
