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A service for energy industry professionals · Saturday, March 7, 2026 · 897,825,624 Articles · 3+ Million Readers
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FPSO Gas News Monitoring

  • Published on 09:30 GMT

    Eni and Nigeria resolve license dispute, paving way for offshore development

    The Nigerian government and Eni agreed to split a license offshore Nigeria into four, resolving a years-long dispute and opening a path for development of prospective deepwater resources. Oil Prospecting License 245 (OPL 245) will be converted to two …

    Source: Oil & Gas Journal - Pending
  • Published on Mar 4, 2026

    Dana Petroleum puts IKM Testing UK on FPSO shutdown duty in North Sea

    IKM Testing UK, an integrated solutions provider within the IKM Group, has got hold of a new offshore assignment with Aberdeen-headquartered Dana Petroleum (E&P) for a floating production, storage, and offloading (FPSO) unit working in the UK sector of …

    Source: Offshore Energy - Neutral
  • Published on Mar 3, 2026

    Petronas Picks OceanSTAR Elite FPSO for Asian Oil and Gas Project

    Published Mar 3, 2026 6:35 am ET © Igor Kardasov / Adobe Stock OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of lease, operation and maintenance of a floating production …

    Source: Offshore Engineer News - Neutral
  • Published on Mar 3, 2026

    Navitas signs off on Falkland Islands oil & gas portfolio expansion

    Israel’s Navitas Petroleum has locked in the increase of its oil and gas footprint off the coast of the Falkland Islands by firming up a deal to get a lion’s share in a license within the North Falkland Basin. Showing the Sea Lion FPSO and the Phase 1 …

    Source: Offshore Energy - Neutral
  • Published on Mar 5, 2026

    Hibiscus progressing FPSO selection process for North Sea GMAD project

    Hibiscus Petroleum aims to submit a field development plan and environmental statement for the Greater Marigold Area Development (GMAD) in the UK central North Sea by mid-year, according to the company's latest quarterly report. The project encompasses …

    Source: Offshore - Neutral
  • Published on Mar 2, 2026

    Petronas hand-picks FPSO for Asian hydrocarbon redevelopment project

    OceanSTAR Engineering, part of Singapore-headquartered OceanSTAR Elite group of companies, has secured a new deal with Petronas Carigali (PCSB), a subsidiary of Malaysia’s energy giant Petronas, for the provision of lease, operation and maintenance of a …

    Source: Offshore Energy - Neutral
  • Published on Mar 6, 2026

    Equinor Reaches Deal with Canadian Province to Advance Bay du Nord

    The provincial government of Newfoundland and Labrador said Tuesday it has reached an agreement with Equinor ASA to progress the postponed Bay du Nord oil project in Canada's Flemish Pass Basin. With initial estimated reserves of over 400 million …

    Source: Rigzone - Neutral
  • Published on Mar 3, 2026

    Chevron ceases Leviathan Gas operations due to security issues

    Chevron has announced force majeure at the Leviathan natural gas field in Israel following a government directive to halt operations due to security concerns. This decision aligns with the Israeli Energy Ministry’s instructions after joint US-Israeli …

    Source: Offshore Technology - Neutral
  • Published on 10:44 GMT

    Harbour Energy updates guidance to reflect LLOG, Waldorf acquisitions

    Harbour Energy updated its 2026 guidance to include the impact of the now-closed acquisition of LLOG and the company’s entry in the US deepwater Gulf of Mexico. In the first 2 months of 2026, the company produced an average of 509,000 b/d, including 1 …

    Source: Oil & Gas Journal - Pending
  • Published on Mar 4, 2026

    Companies suspend oil production offshore Israel

    Energean plc and Chevron received notice from Israel’s Ministry of Energy and Infrastructure on Feb. 28, 2026, to temporarily suspend production and activities offshore Israel following the collective strike on Iran by the US and Israel and the growing …

    Source: Oil & Gas Journal - Pending
  • Published on Mar 3, 2026

    Israel halts gas exports amid Iranian missile strikes

    Israel has halted natural gas exports after curtailing production amid missile attacks from Iran, a spokesperson for the country’s energy ministry told Platts Feb. 28. The Iranian missiles are being fired against Israel following the joint US-Israel attack …

    Source: Hellenic Shipping News - Neutral
  • Published on Feb 28, 2026

    Seatrium shaking up the global FPSO market

    The floating production, storage and offloading market, while hardly ever dull, is set to become even more interesting as rivals position themselves to tender for lucrative contracts — often worth more than US$1 billion — amid ever-evolving client …

    Source: Upstream - Neutral
  • Published on Mar 2, 2026

    Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms

    As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil prices …

    Source: Offshore Energy - Neutral
  • Published on Mar 3, 2026

    Premier Expecting Update on Bay du Nord Very Soon

    Illustration of the floating production storage and offloading (FPSO) unit. (Equinor) Premier Wakeham says after a hiatus, Newfoundland and Labrador is “back in the oil business” with an announcement on Equinor’s massive Bay du Nord project expected …

    Source: VOCM - Pending
  • Published on Feb 27, 2026

    German manufacturer to supply compressor technology for Hammerhead FPSO

    Feb 27, 2026 News (Kaieteur News) – German manufacturer Everllence has been contracted to supply four compressor trains to Japanese shipbuilder MODEC for a new Floating Production Storage and Offloading (FPSO) vessel to operate in the Hammerhead field in …

    Source: Kaieteur News - Indeterminate
  • Published on Feb 26, 2026

    Everllence’s electrically driven compressor trains ordered for Guyana-bound FPSO

    Everllence, formerly MAN Energy Solutions, will deliver its electrically driven compressor technology to MODEC for a floating production, storage, and offloading (FPSO) vessel that will work at an oil project offshore Guyana operated by ExxonMobil. Source …

    Source: Offshore Energy - Neutral
  • Published on Mar 2, 2026

    ExxonMobil Rerates as $70+ Oil Turns Volume Growth Into Pure Leverage

    ExxonMobil Stock (NYSE:XOM) is trading in the $154–$160 band after a gap higher from a previous close at $152.59, with a fresh 52-week high at $159.60 against a one-year low of $97.80. Market capitalization is roughly $640–$642 billion, the trailing P/ …

    Source: Investing - Neutral
  • Published on Mar 2, 2026

    Israel orders Energean to stop production at Karish FPSO

    Energean said the Israeli government had ordered it to suspend production at its floating gas production, storage and offloading facility near the country’s coast in response to the war with Iran which began on Saturday. The middle-East and Mediterranean …

    Source: ShareCast - Neutral
  • Published on Mar 2, 2026

    Energean ordered to suspend production at Karish gas field, Bunzl FY operating profits fall as margins contract

    STOCKS TO WATCH Energean said the Israeli government had ordered it to suspend production at its floating gas production, storage and offloading facility near the country's coast in response to the war with Iran which began on Saturday. The middle-East …

    Source: ShareCast - Neutral

02 days 14:38:13

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