CNOOC Ltd said the first three quarters of 2026 delivered the company’s highest-ever net production for the January-September period at 593.7 million barrels of oil equivalent (MMboe), up 2.7 percent from the same period last year. Domestic production accounted for 408.5 MMboe, up 1.9 percent year-on-year, CNOOC Ltd, majority owned by China National Offshore Oil […]
The Equinor-operated Wisting partnership has awarded Aibel a FEED contract for the topsides of the field’s planned production vessel. The contract follows a competitive tender among Norwegian suppliers and includes an option for engineering, procurement and project management. According to Aibel, about 250 people will work on the contract. A contract for fabricating the topside modules will be awarded later.
Arun Duggal, President & Country Manager of MODEC America, talks to The Energy Year about the integration of SOFEC, Inc. into the MODEC group, mooring solutions for the world’s most demanding deepwater developments and the industry’s shift towards lifecycle FPSO delivery.
Under a new agreement formalized earlier this month, Yinson Production, the operator of the FPSO John Agyekum Kufuor will add new gas compression and treatment modules to the Sankofa FPSO John Agyekum Kufuor, offshore Ghana, increasing gas export capacity by more than 60% while extending the vessel’s lease period to 2036. The project, to be […]
MODEC’s FPSO Errea Wittu, which was developed for ExxonMobil Guyana, a subsidiary of the U.S.-headquartered oil and gas giant ExxonMobil, has come to Guyana, where it will undergo final offshore preparations and commissioning ahead of first oil from the Stabroek block operator’s fifth project that integrates the development of the Snoek, Mako, and Uaru resources in the South American country on […]
The alliance brings together SLB’s digital and domain expertise in subsurface, subsea, surface production and recovery with SBM Offshore’s digital and full FPSO lifecycle capabilities. The companies will leverage their respective digital capabilities to create an AI-powered digital ecosystem that enhances FPSO digital asset management – improving uptime performance and reducing total cost of ownership for offshore operators.
BW Offshore has achieved first gas on its BW Opal floating production, storage and offloading unit (FPSO), marking a major milestone in Santos’ Barossa LNG project offshore Australia.
“The rapid ramp-up to peak production at the Jotun FPSO, alongside strong performance across our portfolio, puts us on track to meet our production target of around 430,000 boed in the fourth quarter of this year”, chief executive Nick Walker said in the statement.
BW Offshore is reiterating its commitment to oil and gas production and hopes to land a new floating production, storage and offloading unit deal soon.