Marubeni and Fred. Olsen Production have formed a strategic alliance for the identifying ... Produced oil is once stored in the system and transported to onshore by way of shuttle oil tankers, ...

Norwegian floater specialist Fred Olsen Production has acquired two oil tankers as it chases further projects to add to its portfolio of floating production, st ...

The Suezmax market is undergoing a profound realignment: major independent shipowners, such as Bergesen d.y., C.Y. Tung and Sanko S.S. have exited the Suezmax market over the course of the last ...

Fred Olsen 1848 – named after the year the Norwegian industrial giant's shipping business was started – unveils trio of concepts designed to speed construction, ... to oil tankers, floating production ...

Fred. Olsen Production is aiming to capitalise on increased demand for FPSOs going forward after again reporting red figures in the first quarter. 9 May 2011 11:49 GMT Updated ...

Fred Olsen Production AS has successfully completed a private placement of 44 million new shares at a subscription price of NOK 27 per share, with gross proceeds of NOK 1,188 million.

Fred. Olsen Production ASA has ... The vessel is currently being converted from a trading tanker to an FPSO at ... it will be able to store 1 million barrels of oil and produce 22,000 ...

OSLO, Oct 22 (Reuters) - Fred. Olsen Energy faces new delays to the construction of a drilling rig and a claim from the Hyundai Heavy Industries yard for additional payment of $167 million, the ...

OSLO, Nov 29 (Reuters) - The biggest shareholder in Fred. Olsen Energy on Thursday proposed changing the company's name, days after it blamed the latest oil price plunge for the collapse of a rig ...

The biggest shareholder in Fred. Olsen Energy on Thursday proposed changing the company's name, days after it blamed the latest oil price plunge for the collapse of a rig sale deal to raise money ...