Two more dead bodies have been recovered from the Floating Production Storage and Offloading (FPSO)…
Tag: FPSO
Bumi Armada sells its FPSO for $40m
Malaysia-based floating production storage and offloading (FPSO) provider Bumi Armada Berhad has sold its Armada Perdana…
Samsung Heavy secures $970m FPSO order
South Korean shipbuilder Samsung Heavy Industries (SHI) has received an order for the construction of a…
Shell exercises $1bn cash purchase option for FPSO
Oil major Shell has exercised a $1bn cash purchase option for a SBM Offshore majority-owned FPSO…
Teekay’s FPSO cited for safety issues
The Norwegian Petroleum Safety Authority has flagged the Teekay-owned Petrojarl Knarr FPSO with several “non-conformities” that must…
Hyundai Heavy loses USD1.9bn FPSO order
Chevron North Sea Limited has cancelled its order for a Floating Production Storage Offloading (FPSO) unit…
Samsung Heavy says $776m order for FPSO facility cancelled
Samsung Heavy Industries Co Ltd said on Friday that a 907.6 billion won ($776.8 million) order…
50,000 jobs underway as LADOL, Samsung reinvigorate Egina FPSO partnership
Fresh hopes have emerged for the successful implementation of the Egina oil and gas project valued…
$3.8bn Egina FPSO: LADOL accuses Samsung of breaching court order
The lingering litigation over a $3.8 billion Egina oil platform project between the Lagos Deep Offshore…
Malaysian firm, Bumi Armada, bags $60 billion contract offshore Nigeria
Malaysian oil field services firm, Bumi Armada Bhd, said it has secured $381 million (N60.96 billion)…
Protracted legal tussle may delay Egina FPSO project as court adjourns to March 11
Hopes of an early resolution of litigations over a $3.8 billion Egina oil platform project between the…