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Schlumberger Names New CEO, Tops Revenue

Maritime Propulsion newsletter
McDermott Wins Pre-FEED Gig by YPF
TRIG Acquires French Wind Farms
Canada's FortisBC to Export LNG to China
Asian Oil & Gas Newsletter • July 21, 2019
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Schlumberger Names New CEO, Tops Revenue

McDermott Wins Pre-FEED Gig by YPF

American multinational engineering company McDermott International announced…

TRIG Acquires French Wind Farms

UK-based investment fund  The Renewables Infrastructure Group (TRIG) has…

Canada's FortisBC to Export LNG to China

FortisBC Energy Inc will export Canadian LNG produced by its small-scale…

Vietnam: Chinese Vessel Violated its Sovereignty

Vietnam on Friday accused a Chinese oil survey vessel and its escorts of…

Tolent Begins Triton Knoll Base Work

UK based contractor Tolent started work to construct a new multi-million…

Van Oord Completes Foundation for EA1

Dutch maritime contracting company Van Oord has installed the last jacket…

New York Awards Offshore Wind Contracts

New York on Thursday awarded two major offshore wind contracts to Norway's…

Aker Energy IPO May be in Late 2019 or 2020

Norwegian investment firm Aker could launch its planned initial public offering…

Toyota Intros New Lithium-ion Range

U.S. distributor of Toyota lift trucks and tow tractors Toyota Material Handling…

Woodside Q2 Revenue Slides 32%

Australia's Woodside Petroleum Ltd reported a 32% drop in second-quarter…




Click here for a FREE trial subscription to “Floating Production Systems Report And Online Database”
June 2019 Monthly Floating Production Systems Report

June 2019 Monthly Floating Production Systems Report Oil prices have been volatile over the past month. Brent dropped 17% between mid-May and mid-June due to demand growth fears and growing crude inventory. But several tanker attacks and a drone downing near the Strait of Hormuz caused a rebound and Brent was back to the mid $60s as of 21 June. Meanwhile, the production floater market has been active. Petrobras issued letters of intent to lease two FPSOs – ending an eighteen month hiatus in Petrobras FPSO orders. SBM received an LOI for the Mero #2 FPSO, Modec got an LOI for the Buzios #5 FPSO. On a smaller scale, Hindustan Oil Exploration contracted with Expro and Zentech to convert a jackup into a MOPU for use offshore India. All is discussed in our June WER floating production report. Also in the data section of the report are details for 224 floater projects in the planning stage…

For more information about the WER reports and online database please visit our website worldenergyreports.com or contact Jean Vertucci, phone: +1 212-477-6700