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  Articles

  • Jubilee partners require US$150m to fix damaged FPSO
    Management of the vessel adds that the repair of the bearing will help increase production numbers but will not completely solve the challenges with the turret bearing.

  • Norway steps up assistance for offshore technology
    The Norwegian government’s DEMO 2000 technology program will provide funding of NOK 125 million ($14.72 million) for new technology for use offshore Norway, according to the Norwegian Petroleum Directorate (NPD). Deadline for applications is Oct.12. This is the largest sum allocated in the history of the program, NPD adds, as the government seeks to safeguard expertise and employment in the petroleum industry. 
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