Offshore

1 week ago | offshore-mag.com | Jeremy Beckman

Petrobras and Exxon Mobil led the way in the latest offshore block awards issued by the ANP under Brazil’s 5th Permanent Concession Offer Cycle. The two companies will be equal partners in 10 blocks in the Foz do Amazonas Basin. Petrobras will operate blocks FZA-M-1040, FZA-M-1042, FZA-M-188, FZA-M-190, and FZA-M-403, while Exxon Mobil will operate blocks FZA-M-477, FZA-M-547, FZA-M-549, FZA-M-619 and FZA-M-621. In each case, the equity split will be 50:50.

1 month ago | offshore-mag.com | Jeremy Beckman

Energean says its $1.2 billion Katlan gas field development offshore Israel is on track to deliver first gas during first-half 2027, according to its recent trading update. The company issued a Letter of Award recently to NOV for an upgrade of the topsides of the host FPSO Energean Power, in terms of MEG treatment, injection and storage. For the Prinos CO2 project offshore western Greece, Energean has signed three new non-binding memoranda of understanding (MoUs).

1 month ago | offshore-mag.com | Bruce Beaubouef

Bruce Beaubouef is Managing Editor for Offshore magazine. In that capacity, he plans and oversees content for the magazine; writes features on technologies and trends for the magazine; writes news updates for the website; creates and moderates topical webinars; and creates videos that focus on offshore oil and gas and renewable energies. Beaubouef has been in the oil and gas trade media for 25 years, starting out as Editor of Hart’s Pipeline Digest in 1998.

1 month ago | offshore-mag.com | Jeremy Beckman

BW Offshore and BW Energy have transferred operations and maintenance (O&M) of the FPSO BW Adolo to BW Energy Gabon. Under an amended bareboat charter, BW Offshore’s subsidiary retains ownership of the vessel, which it will continue to lease to BW Energy Gabon on the same terms as previously agreed, but minus the O&M services. “Assuming full O&M responsibility will allow BW Energy Gabon to optimize field performance and capture additional synergies across the Dussafu hub,” said Carl K.

1 month ago | offshore-mag.com | Jeremy Beckman

New Fortress Energy (NFE) has sold its assets and operations in Jamaica to Excelerate Energy for $1.055 billion, according to a May 14 NFE news release. Under the transaction, Excelerate has acquired full ownership of NFE’s LNG import terminal in Montego Bay, the offshore floating storage and regasification terminal in Old Harbour, and a 150-MW combined heat and power plant in Clarendon.