Floating Production Unit News


Floatel Secures Longer Stay for Accommodation Rig off Australia

Jul 03, 2025

Offshore accommodation rig provider Floatel International has secured another contract offshore Australia for its Floatel Tirumph accommodation rig.The assignment is for approximately 35 days with an option for the client to extend. The expected start date is in the fourth quarter of 2026…

Industry Consortium to Asses Floating Nuclear Plants for Mediterranean Sea

Jul 03, 2025

American Bureau of Shipping (ABS), CORE POWER and Athlos Energy have formed a consortium to evaluate the potential of positioning the floating nuclear power (FNPP) platforms to meet the energy demands of islands, ports and coastal communities in the Mediterranean Sea…

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

Jul 03, 2025

Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…

DNO Inks Gas Offtake Deal with Engie, Secures $500M Financing Facility

Jul 02, 2025

Norwegian oil and gas operator DNO has entered into an offtake agreement with France’s Engie for its Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million.The offtake agreement…

Eni Launches Services Firm for Oil Drilling Industry

Jul 01, 2025

Versalis, Eni’s chemical company, has set out plans to transfer its Oilfield Chemicals business unit into the newly established company Versalis Oilfield Solutions.As of July 1, 2025, Eni has consolidated Versalis’ position in the oilfield services…

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Jul 01, 2025

Yinson Production has placed $1.168 billion project bond to refinance floating production, storage and offloading (FPSO) Maria Quitéria, which is operating under a 22.5-year lease and operate contract with Petrobras in the Jubarte field, offshore Brazil…

Equinor, Partners Greenlight $1.3B Johan Svedrup Oil Field Extension

Jul 01, 2025

Equinor and its partners have approved the $1.29 billion (NOK 13 billion) investment in the third phase of Johan Sverdrup field, which entails the installation new subsea infrastructure to increase recovery by 40 - 50 million barrels of oil equivalent (boe)…

Danos Nets Production Services Contract for Beacon Offshore's Shenandoah FPS

Jun 30, 2025

Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility, the Shenandoah floating production system (FPS). The project will employ production operators, instrumentation and electrical technicians…

ECO Liberty SOV Hits Water to Support Equinor’s Empire Wind Project

Jun 30, 2025

Equinor, the developer of Empire Wind, has launched the Service Operations Vessel ECO Liberty on June 28 for deployment in its New York offshore wind project. Louisiana First Lady Sharon Landry served as the vessel’s “Godmother” during a christening…

Triton Anchor Gets Patents for Floating Renewables Anchoring Tech

Jun 30, 2025

Triton Anchor has secured two patents in the United States for its proprietary offshore anchor and subsea deployment tool, with a notice of allowance for the anchor patent also received in Japan.These newly patented technologies mark an advancement in enabling low-cost…

Osbit Opens New Offshore Wind Facility in Port of Blyth

Jun 30, 2025

Osbit, an offshore wind engineering company operating as part of Venterra Group, has opened a new assembly and service facility at the Port of Blyth in the U.K, bolstering its offshore wind service offering. The development has created 33 skilled…

Exail to Equip Petrobras FPSOs off Brazil

Jun 30, 2025

Inertial navigation technologies specialist Exail has secured a contract with Brazilian offshore services company Mitang to deliver 30 Quadrans Attitude and Heading Reference Systems (AHRS) for floating production, storage and offloading units (FPSOs) operated by Petrobras off Brazil…

Vallourec Bags ADNOC Order for Tubular Solutions

Jun 30, 2025

French tubular solutions supplier Vallourec has secured a significant order from Abu Dhabi National Oil Company (ADNOC) for the supply of more than 30,000 tons of carbon steel tubulars and associated accessories featuring VAM premium connections…

OKEA Gets Green Light for New Drilling Op at Brage Field

Jun 30, 2025

The Norwegian Offshore Directorate (NOD) has granted OKEA a drilling permit for a wildcat well in the Brage field.The drilling permit is for the well 31/4-A-15 B in production license 055, and will be done via Brage production, drilling and accommodation facility…

Current News

KBR-SOCAR Joint Venture Secures Work for BP in Azerbaijan

Industry Partners Deliver Largest Unified OBN Dataset in Norwegian North Sea

Strohm Wraps Up Deepwater TCP Trials for Petrobras

Fugro Gets On Board Ireland’s Offshore Grid Development Project

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