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...
ExxonMobil has increased its estimated recoverable resource base in Guyana to more than 8 billion oil-equivalent barrels and made a further oil discovery northeast...
Leading marine energy, transportation, storage and production company selects ITLink solutions for more compliance and resilience.
Teekay Offshore has selected Marlink’s ITLink solutions portfolio with...
For 50 years, Maersk Supply Service has operated safely and successfully in the offshore industry with towing and mooring installation at the core of...
