Floating Storage Unit News

 

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Feb 09, 2026

Eni has shipped the first liquefied natural gas (LNG) cargo from Phase 2 of the Congo LNG project, marking the start of LNG exports from the Nguya floating liquefied natural gas (FLNG) unit offshore Congo.With the start-up of Phase 2, the Congo LNG project has reached a total liquefaction capacity of 3 million tonnes per annum, equivalent to about 4.5 billion cubic metres of gas per year. The project processes gas from the Nené and Litchendjili fields in the offshore Marine XII licence…

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

Feb 09, 2026

Abu Dhabi National Oil Company (ADNOC) and RWE Supply & Trading have agreed to explore potential liquefied natural gas (LNG) supplies of up to 1 million tonnes per annum to Germany and other European markets under a new strategic collaboration framework…

Cedar LNG Picks EXMAR for FLNG Marine Operations Role

Feb 09, 2026

EXMAR has been selected by Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, to provide marine operations and maintenance services for the floating liquefied natural gas (FLNG) unit as part of Cedar LNG project…

Namibia Flags Approval Need for TotalEnergies, Petrobras Offshore Stakes

Feb 08, 2026

Government officials stated on Sunday that Namibia would not recognize the purchase of offshore stakes by TotalEnergies or Petrobras announced last week until the oil companies followed the proper approval route.A spokesperson for the Presidency…

MacGregor Nets AHC Subsea Crane for Floating Wind Farm Vessel

Feb 05, 2026

MacGregor has been selected to supply a substantial 400-tonne Active Heave Compensated (AHC) subsea crane for a new 127-meter Floating Wind Farm Construction Vessel (FWCV).Purpose-built for the burgeoning floating offshore wind market, the new…

ExxonMobil Buys Guyana FPSO for $2.3B, SBM Offshore Keeps Ops Role

Feb 05, 2026

SBM Offshore and ExxonMobil Guyana, an affiliate of ExxonMobil, have completed the transaction related to the purchase of One Guyana floating production, storage and offloading (FPSO) unit.The purchase was completed ahead of the maximum lease term which would have expired in August 2027…

Floatel Firms Up Accommodation Rig Contract with Brava Energia off Brazil

Feb 04, 2026

Offshore accommodation rig provider Floatel International has signed a contract with Brava Energia for its Floatel Victory unit, which will be deployed offshore Brazil.Floatel Victory will provide Maintenance and Safety Unit (MSU) services for Brava Energia…

Shell Sells 20% Stake in Brazil’s Orca Deepwater Project to Kuwaiti Firm

Feb 03, 2026

Shell Brasil Petróleo, a subsidiary of Shell, has agreed to sell a 20% interest in the Orca deepwater project offshore Brazil to Kuwait Foreign Petroleum Exploration Company (KUFPEC).Orca, formerly known as Gato do Mator, is a deepwater development located in the pre-salt area of the Santos Basin…

Akrake Completes Drilling of Sèmè Field Production Well Offshore Benin

Feb 03, 2026

Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding, has completed drilling of the AK-2H horizontal production well at the Sèmè Field offshore Benin.The AK-2H well was drilled with a total horizontal length of 1,405 meters through the reservoir section…

Dajin, Zima Plan Offshore Wind Foundations Plant at Spain's Gijon Port

Feb 02, 2026

China-based offshore wind foundations manufacturer Dajin Heavy Industry and Spanish industrial group Zima Equity Investments have signed a memorandum of understanding (MoU) to jointly develop an offshore wind foundations manufacturing facility at the Port of Gijon in Asturias…

Shell Nigeria Starts Maintenance on Bonga FPSO, Trims Oil Exports

Feb 02, 2026

Shell Nigeria Exploration and Production Company has begun planned maintenance on its Bonga deepwater oil vessel, a move that will temporarily cut Nigeria’s oil export capacity by about 225,000 barrels per day but could extend the asset’s lifespan…

MODEC Partners with Eld Energy, Delta to Advance FPSO Decarbonization

Jan 30, 2026

MODEC has signed a statement of strategic intent with Eld Energy and Delta Electronics to collaborate on the development of a solid oxide fuel cell power generation system for offshore and maritime applications, including floating production…

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Jan 30, 2026

Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…

More to Consider than CO2 in CCS Leakage Risks

Jan 29, 2026

Researchers from the Technical University of Denmark have highlighted that taking a comprehensive view of the chemical composition of potential fluids leaking from geological CO2 storage reservoirs raises new questions about the potential risks…

GE Vernova Faces Revenue Hit After Offshore Wind Project Setbacks

Jan 28, 2026

GE Vernova said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog.The company said the…

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