Altera Infrastructure (formerly Teekay Offshore) has been chosen to provide front-end engineering and design (FEED) work for the Dorado oil project's floating production, storage and offloading (FPSO) vessel offshore Western Australia.
Singapore rig builder Keppel Offshore & Marine has received a request for arbitration from an unnamed counterparty relating to two engineering, procurement and construction (EPC) contracts for floating production storage and offloading units (FPSOs).
Australia is seeking expressions of interest for the Northern Endeavour FPSO decommissioning project. Significantly, this could provide North Sea players the perfect opportunity to get a foothold in the rapidly expanding Australian decommissioning market.
Australia’s Santos today announced that its large Dorado oil project offshore Western Australia has started the front-end engineering and design (FEED) phase. Santos is also seeking buyers for a share in the development, which has a “very low” carbon dioxide footprint and is expected to initially cost $2 billion.
Energean has pushed back the expected start of operations at its Karish project, offshore Israel, owing to delays in Singapore, while also approving more Karish North work.
Singapore’s Keppel Offshore & Marine (Keppel O&M) will build one of the world’s largest floating production storage and offloading (FPSO) vessels for Brazil’s Petrobras after winning a contract worth $2.3 billion.
Australia’s Santos has awarded the biggest contract tied to its $3.6 billion Barossa liquefied natural gas (LNG) project in northern Australia that will backfill Darwin LNG. This offers a strong signal that a final approval for the scheme is imminent.
Fluor plans to sell off its Stork asset within the next 12-18 months, the company said, while also moving the unit’s results into discontinued operations in the first quarter of this year.
The Shell Curlew FPSO (floating production storage and offloading vessel), which had been moored in Dundee for decommissioning work, has left the port.
Around 40% of offshore oil and gas maintenance work fulfilled by Floating Production Storage and Offloading (FPSO) vessel operators is “unnecessary”, according to a UK energy consultancy firm.