The NSTA has issued 24 new exploration licences as part of the second tranche of its 33rd Oil and Gas Licensing Round
Offers range across 74 blocks and part-blocks
Environmental considerations given precedence
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After a roaring first half of 2023 with 6 FPSO awards, the pace has slowed down dramatically with no major awards, with the exception of Samsung’s $1.5 Billion EPC contract for an FLNG in Canada in Jan 2024. Petrobras has tenders in progress for 6 FPSOs, but did not place any orders last year - the first time since 2016.
So what is going on? We discuss this in our latest issue of the Floating Production Systems Report as well as in a webinar hosted by Offshore Magazine.
Join industry experts David Boggs, managing director with Energy Maritime Associates Pte Ltd, and David Sheret, director with Archer Knight (Holdings) Limited, for a live discussion on recent industry trends, updates on projects under construction and a forecast for new orders.
Watch the replayEnergy Maritime Associates,
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