LATEST FPSO NEWS - AS IT HAPPENS



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Govt cuts down oil revenue projections

Government has cut down its anticipated revenues from oil in 2016 from an earlier GH¢2 billion to GH¢1.4 billion, showing a decline of about...

Yinson sells its non-oil and gas subsidiaries to Liannex at a snip

July 26th, 2016 Holly Birkett Asia, Offshore 0 comments Array ( => WP_Term Object ( ...

First steel cut on Culzean FSO

SembCorp Marine has cut first steel on the floating storage and offloading unit set to be deployed by Maersk Oil on the Culzean high-pressure,...

Economy not doing well — Minority

Minority Members of Parliament (MPs) have indicated that the country's economy is not doing well, contrary to the  position of the Minister of Finance,...

Bumi Armada in FPSO joint venture with Indian firm

Bucking the trend of negativity in the oil and gas space, Bumi Armada has formed a joint venture company with India's Shapoorji Pallonji Oil...

Tie-up news boost Bumi Armada shares

PETALING JAYA: Bumi Armada Bhd shares ended higher following its announcement that the company had tied up with India’s Shapoorji Pallonji and Co Pte...

End of an era for crew on board FPSO Marlim Sul

It was a bittersweet day for crew members as they transferred off the FPSO Marlim Sul for the final time on 22 April after...

Loss-making Emas Offshore seeking new working capital

Emas Offshore says it needs to raise new working capital and expects to do so by the end of 2016 Emas Offshore Ltd has...

Nexans Umbilicals Achieve Global Reach with New Project in Australia

OneSubsea has ordered the umbilical and accessories from Nexans to develop the Greater Enfield development off the coast of Exmouth, Western...

OneSubsea selects Nexans for Greater Enfield, Australia

OneSubsea has ordered umbilical and accessories from French firm Nexans as part of work to develop the Greater Enfield development, off Exmouth, Western Australia. The...