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Nippon to run fast track for Layang FPSO conversion The Japanese-owned joint venture JX Nippon Oil & Gas Exploration Ltd (JX Nippon) and its local partner Petronas Carigali (Petronas) are now running on the fast track to develop the Layang gas field, offshore Sarawak in Malaysia, with a converted floating storage production and offloading (FPSO) […]

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Statoil and Husky to consider FPSO for Flemish Pass The Norwegian national oil company (NOC) Statoil ASA (Statoil) and the Canadian company Husky Energy Inc. (Husky) are accumulating crude oil discoveries in the Flemish Pass basin that could justify a development with a floating production, storage and offloading (FPSO) vessel offshore the Newfoundland and Labrador […]

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