Offshore Floating Production News - page 10


Aquaterra’s RAF System for UK CCS Project Enters Fabrication Phase

May 20, 2026

Aquaterra Energy has started fabrication of its first Recoverable Abandonment Frame (RAF) system for the Northern Endurance Partnership (NEP), a U.K. carbon capture and storage (CCS) project aimed at supporting industrial decarbonization.The…

PALFINGER to Supply Cranes for North Sea HVDC Platforms

May 20, 2026

PALFINGER has secured a contract to supply davit cranes for five offshore converter platforms in the North Sea, expanding its presence in the offshore wind market as Europe accelerates grid infrastructure development tied to renewable energy projects…

Indonesia Signs Eight Oil and Gas Contracts

May 20, 2026

Indonesia's upstream oil and gas regulator SKK Migas signed eight oil and gas contracts on Wednesday at the Indonesia Petroleum Association conference, with total estimated resources of around 13.8 trillion cubic feet of gas.Here are some details…

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

May 20, 2026

Japanese gas explorer Inpex signed a commercial contract on Wednesday with Indonesian state firms Pupuk Indonesia, state utility firm PLN, and gas utility firm PGN to purchase gas from the Abadi LNG project.The deal was signed during the Indonesia Petroleum Association conference…

Equinor Signs Five-Year Deal with Eneco for Gas Supply to Germany

May 19, 2026

Equinor has signed a five-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf, which will be delivered to Eneco’s wholly owned German subsidiary LichtBlick.The agreement runs until the end of 2030 and covers annual volumes of around 2…

Glenfarne, ConocoPhillips Ink Alaska LNG Gas Supply Deal

May 19, 2026

Glenfarne Alaska LNG and ConocoPhillips Alaska have signed a gas sales precedent agreement to supply natural gas from Alaska’s North Slope for Phase One of the Alaska LNG project.The 30-year agreement will secure sufficient natural gas volumes…

Boskalis Orders High-Capacity CLV for Offshore Wind Market

May 18, 2026

Dutch offshore services provider Boskalis has decided to invest in a new high-capacity cable laying vessel (CLV) to support growing demand in the offshore wind and interconnector markets.The vessel, expected to enter service in 2029, will target long-distance cable installation projects…

Seraya Partners Considers Sale, IPO for Offshore Wind Firm Cyan Renewables

May 15, 2026

Singapore's Seraya Partners is considering a dual-track process for its offshore wind services firm Cyan Renewables that could result in either a sale or an initial public offering, its chief investment officer said.Cyan, a Singapore-based marine services company focused on renewables…

All Systems Go for Technip Energies' Job at Commonwealth LNG Scheme

May 15, 2026

Technip Energies has received full notice to proceed for a major engineering, procurement and construction (EPC) contract with Commonwealth LNG for a liquefied natural gas export facility in Louisiana.The notice follows the final investment decision (FID) for the 9…

ADES Lands $48M Nigeria Contract for Main Pass IV Rig

May 15, 2026

Offshore drilling contractor ADES Holding has secured a new contract in Nigeria for its Main Pass IV standard jack-up rig.The contract has a one-year firm term with an additional one-year unpriced option, with the firm term value of the contract of $48…

BP Weighs Sale of Egyptian Gas Assets, Sources Say

May 15, 2026

Oil major BP is considering selling some of its natural gas assets in Egypt, four people close to the matter told Reuters, as new CEO Meg O'Neill restructures the group to cut debt and refocus on more profitable projects.BP has invested more than $35 billion in Egypt over six decades…

Wide Barge Could Reduce Crane Needs for Turbine Foundation Installation

May 14, 2026

The substructures for fixed offshore wind turbines weigh thousands of tonnes. Only about five vessels in the world can lift that much weight. So now researchers are testing an alternative: an unusually wide barge.Using experience gained from the oil and gas industry…

DNV Launches Two Standards for Floating Solar Power

May 14, 2026

DNV, the independent energy expert and assurance provider, has published two new standards aimed at improving the safety, reliability and long-term performance of floating solar photovoltaic (FPV) systems, supporting the rapid global growth and expansion of renewables…

Norway’s Hammerfest LNG Set for Restart After Valve Repairs

May 14, 2026

Norway's Hammerfest LNG export terminal is undergoing repairs for a mechanical fault in a valve that halted production last week, a spokesperson for operator Equinor said on Tuesday.Europe's largest export terminal for liquefied natural gas (LNG)…

Ventura Offshore Picks Weatherford for Búzios Field MPD Operations

May 08, 2026

Energy services company Weatherford has been awarded a managed pressure drilling (MPD) contract by Ventura Offshore for operations aboard the SSV Victoria semi-submersible drilling rig offshore Brazil.The contract covers operations in Petrobras’…

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