Floatinng Production News


Korean Shipbuilders Get AiP for Barge-type LNG FSRU

Oct 01, 2021

Classification society DNV and the Liberian International Ship & Corporate Registry (LISCR) have granted an Approval in Principle (AiP) to South Korea's shipbuilders Hyundai Mipo Dockyard (HMD) and Korea Shipbuilding & Marine Engineering (KSOE) for a 40…

FAR Postpones Vote on Sangomar Sale as Shareholders Study Remus Offer

Apr 15, 2021

Australia's oil and gas explorer FAR Ltd on Thursday postponed a vote on the sale of its stake in an oil project off Senegal for the third time while investors study a takeover offer from private investment firm Remus Horizons.Remus' A$209.6 million ($161…

Masirah Contracts Wings Offshore for FSO

Nov 27, 2019

Masirah Oil, an exploration and production company operating Block 50 offshore Oman, has awarded a contract to Wings Offshore for a floating storage and offloading (FSO) vessel, which will be used on a field located offshore Oman.Masirah said…

Brazil's New Dawn

Oct 10, 2019

Brazil’s offshore oil and gas sector: it’s complicated, challenging and rife with opportunity.Brazil today is seeing offshore activity increase, production is on the rise, and its government has made significant strides to remove obstacles for investment…

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