Japan’s oil and gas company Inpex has filed a $972 million claim against South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) related to the FPSO for the Ichthys field located offshore Australia.
Oslo Stock Exchange-listed oil and gas E&P company BW Energy has increased its liquidity thanks to an inaugural reserve-based lending (RBL) facility with five international banks, which will be used for the development of its project located offshore Gabon.
Over the second quarter of 2022, BP’s Greater Tortue Ahmeyim (GTA) project in Mauritania and Senegal achieved a 5 per cent progress, when compared to the previous quarter of the year, topping the 80 per cent mark. The project is on track for the first gas in 3Q 2023 despite delays related to the FPSO sailaway.
Malaysia’s Dagang NeXchange Berhad (DNeX), via its subsidiary Ping Petroleum UK, has renamed its recently acquired floating production storage and offloading (FPSO) vessel, which is expected to be one of the UK’s first offshore wind-powered oil and gas production facilities.
Norwegian offshore engineering contractor Aker Solutions has been awarded a contract from Shell UK for the delivery of a not permanently attended installation (NPAI) for the Jackdaw gas field located in the UK North Sea.
Oil and gas giant BP joined its peers in posting record quarterly profits on the back of higher oil and gas prices and strong refining margins. The company also announced a 10 per cent dividend increase and net debt reduction.
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