Offshore FPSO News


Tripartite Deal Set to Advance South Korea's Offshore Wind Sector

Jul 16, 2026

Renewable energy consultancy OWC, Korea Leading Energy Management (KLEM) and offshore energy services provider OEG have signed a memorandum of understanding to collaborate on balance of plant (BoP) operations and maintenance services for South Korea's offshore wind sector…

Australian Inpex Workers Set Industry Precedent With New Pay Deal

Jul 15, 2026

Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector…

ECITB, GWO Launch Wind Turbine Maintenance Cross Skill Program

Jul 15, 2026

Following two successful pilots, the Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and Offshore Renewable Energy (ORE) Catapult, have officially launched the Wind Turbine Maintenance…

Principle Power Gets O&M Job at French Floating Wind Farm

Jul 15, 2026

Principle Power has secured an operations and maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind project in the French Mediterranean, operated by Ocean Winds in partnership with Banque des Territoires…

Marco Polo, Siemens Gamesa Ink Two-CSOV Framework Agreement

Jul 10, 2026

Singapore-listed marine logistics company Marco Polo Marine's offshore wind division, PKR Offshore, has signed a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (CSOVs) for offshore wind projects in Asia…

Norway Averts Offshore Drilling Workers Strike with New Wage Deal

Jul 06, 2026

Norway's unions representing workers on drilling rigs and floating production platforms reached a wage deal on Thursday evening, ahead of a midnight deadline to avert a strike, labour unions and the employers' association said.The unions had…

DOF Bags TotalEnergies Contract for FSO Replacement Project

Jul 01, 2026

DOF Group has secured a contract from TotalEnergies to provide subsea construction and mooring services for the floating storage and offloading (FSO) Unity Replacement Project.The contract covers engineering, transportation and installation of mooring systems…

Føn Energy Gets Offshore Wind Services Job in Poland

Jul 01, 2026

Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…

Woodside Assumes Operatorship of Gippsland Basin Assets in Australia

Jul 01, 2026

Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…

Ocean Installer Lands Major North Sea Contract from Vår Energi

Jun 29, 2026

Ocean Installer has been awarded a major engineering, procurement, construction and installation (EPCI) contract by Vår Energi for the Balder Next New Wells project in the North Sea.The project forms part of Vår Energi's hub development strategy in the Balder area…

Dutch Firm Secures $465M Funding for Mexico-Bound FSO

Jun 29, 2026

SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international…

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Jun 29, 2026

SBM Offshore has signed a contract with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading (CSTC) for the construction of its seventh generic Fast4Ward Multi-Purpose Floater (MPF7) hull.The MPF7 will use SBM Offshore's proprietary…

Is Hindsight 20/20? Hormuz Oil Shock and Lessons Learned from 1973

Jun 26, 2026

While oil and gas are once again flowing through the Strait of Hormuz, the closure of the vital waterway for over 100 days could prove to be a turning point in global energy markets. The Arab oil embargo of 1973, a similarly disruptive supply shock…

Aker Solutions Inks 'Sizeable' Service Agreement

Jun 26, 2026

Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition)  five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.The White Rose field is located approximately 350 km east of St…

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