Floating Production News


Denmark Extends Operating Life of Two Offshore Wind Farms

Jun 27, 2025

The Danish Energy Agency (DEA) has extended the production permits for the Nysted and Middelgrunden offshore wind farms, enabling the projects to continue producing electricity for 10 and 25 more years, respectively.These are two of the oldest offshore wind farms in Denmark…

OPT Secures US Patent for Floating Marine Vehicle Charging System

Jun 27, 2025

Ocean Power Technologies (OPT) has secured a patent from the United States Patent and Trademark Office (USPTO) for its autonomous, floating marine charging solution.Designed to address the increasing demand for clean maritime operations, the invention enables electric vessels…

Siemens Gamesa Talks European Production with Chinese Rare Earth Suppliers

Jun 26, 2025

Wind turbine maker Siemens Gamesa is in talks with Chinese suppliers of rare earth permanent magnets about the possibility of bringing production to Europe, in a bid to cut the region's reliance on imports after curbs on supplies from China…

Salunda Installs Latch Hawk Monitoring System on Semi-Sub Rig

Jun 26, 2025

Salunda, a provider of digitized solutions for safety critical industries, has strengthened its presence in the Americas deepwater region with the deployment of its Latch Hawk monitoring system on a semi-submersible rig.Integrated with the drilling control system on the rig…

Fugro Lands Deepwater Gas Job for Eni off Cyprus

Jun 26, 2025

Fugro has been awarded a contract to run a comprehensive site characterization program for an Eni-operated deepwater gas development in the Eastern Mediterranean.The award marks an important survey campaign for Fugro in the region, supporting…

BOEM Looks to Open 80 million Acres for Oil and Gas Lease Sale

Jun 25, 2025

The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America.As directed by Secretary of the Interior and outlined in the PNOS, Lease Sale 262 will offer approximately 15…

Japanese Firm Joins Floating Wind Demo off Spain

Jun 25, 2025

Electric Power Development Co. (J-POWER) has joined the WHEEL project, a floating offshore wind power demonstration project in Gran Canaria, led by Spanish firm Esteyco.In the demonstration project, a floating offshore wind turbine, rated at 6…

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

Jun 25, 2025

SLB has secured an engineering, procurement and construction (EPC) contract by Equinor, acting as Technical Service Provider, to its OneSubsea joint venture for a CO2 subsea injection system for the Northern Lights phase two project offshore Norway…

Israel's Leviathan Gas Field to Resume Production in Next Few Hours

Jun 25, 2025

Israel's NewMed said on Wednesday the Leviathan natural gas field that supplies gas to Egypt and Jordan, shut down nearly two weeks ago due to the Iran-Israel conflict, would resume operations in the next few hours.Two of Israel's three gas…

Mauritius Seeks Investors for Floating Power Plant

Jun 24, 2025

Mauritius is inviting international investors to establish and operate a floating power plant as the Indian Ocean island nation seeks to address its growing energy needs, according to a tender issued by the state-owned Central Electricity Board…

All Inter-Array Cables Installed at 488 MW French Offshore Wind Farm

Jun 24, 2025

The final inter-array cable has been installed at Îles d’Yeu and Noirmoutier (EMYN) offshore wind farm in France, being developed by Les Éoliennes en Mer Services.The 61st and final inter-array cable was installed on June 22 at the EMYN offshore wind farm…

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

Jun 24, 2025

Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…

OEG Strengthens Oil and Gas Services Offering in Qatar

Jun 24, 2025

Energy solutions company OEG has finalized an evergreen agreement with Al Nasr Holding Co., to enhance support for the oil and gas, petrochemical, and industrial sectors in Qatar.The agreement further reinforces the company's strategic partnership with Venture Gulf Engineering (VGE)…

Petronas, Japan’s JOGMEC Sign Strategic LNG Agreement

Jun 24, 2025

Malaysia’s state-owned energy giant Petronas, through its subsidiary Petronas LNG, and Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation (MoC) to expand the collaboration framework in the liquefied natural gas (LNG) sector…

ABS: Floating CO₂ Injection Facilities Report

Jun 23, 2025

As offshore carbon capture and storage (CCS) gains momentum, floating CO₂ injection facilities are emerging as a key solution for large-scale operations. ABS’ latest publication, Floating CO₂ Injection Facilities, dives into the technologies…

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