Woodside Energy announced a significant development in Senegal’s oil and gas sector with the arrival of the Léopold Sédar Senghor Floating Production Storage and Offloading (FPSO) facility offshore, approximately 100 kilometers from Dakar. This event marks a pivotal phase in the Sangomar Field Development Phase 1, setting the stage for first oil production targeted for […]
In a significant move within the offshore energy sector, Jumbo Offshore Installation Contractors B.V. (“Jumbo Offshore”) has been awarded a pivotal contract by MODEC Guyana Inc. (“MODEC”) for the pre-installation of the mooring spread of the FPSO Errea Wittu, set to operate offshore Guyana. The FPSO Errea Wittu, aptly named to signify “abundance,” is designed […]
ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with an investment of $12.7 billion in Guyana’s territorial waters. The FID decision comes after receiving the required regulatory and government approvals in the South American country. Uaru is the fifth […]
Equinor and its partners have approved the phase 1 development of the Bacalhau oil field in the Santos Basin, offshore Brazil with an investment of around $8 billion. The Bacalhau field spans across the BM-S-8 and the Norte de Carcará licenses. First oil from the offshore Brazilian oil field is targeted for 2024. Equinor is […]
MODEC has bagged a contract to deliver a floating production storage and offloading vessel (FPSO vessel) from Equinor Brasil Energia for the Bacalhau oil field (formerly Carcará oil field) in Brazilian waters. The Japanese offshore floating platform provider has signed a sales and purchase agreement (SPA) in this regard with the Equinor subsidiary. In December […]