Offshore Floating Production News - page 2


US Set to Roll Back Methane Leak Controls on Oil and Gas Industry

Oct 08, 2026

The US Environmental Protection Agency said on Wednesday it would soon propose scrapping a Biden-era rule aimed at curbing large leaks of methane from oil and gas operations.The move is part of a broad Trump administration effort to slash regulations…

Petrobras Picks TechnipFMC for Flexible Flowlines Delivery off Brazil

Oct 07, 2026

TechnipFMC has been awarded a subsea contract worth between $75 million and $250 million by Petrobras to supply flexible pipe systems for multiple pre-salt developments offshore Brazil.The contract, awarded following a competitive bidding process…

Framo Signs Record Pump Service Deal for Petrobras FPSO Fleet

Oct 07, 2026

Framo has signed a four-year agreement with Petrobras to inspect and maintain pumping systems across the Brazilian energy company's fleet of about 30 floating production, storage and offloading (FPSO) units, in what the Norwegian pump manufacturer…

Yinson Production Raises $1.46B to Refinance Agogo FPSO

Oct 07, 2026

Yinson Production has priced $1.458 billion of senior secured notes to refinance debt linked to its Agogo floating production, storage and offloading (FPSO) unit operating offshore Angola, in what the company said was the largest FPSO project bond to date…

Shell Raises Gas Output Outlook After Q2 Slump

Oct 07, 2026

Shell's third-quarter integrated gas production was expected to be about 740,000 to 780,000 barrels of oil equivalent per day, the company said on Wednesday, compared with a previously expected range of 570,000 to 630,000 boed.In the second quarter…

Sumitomo, TFI Marine Introduce Mooring Solutions to Floating Wind

Oct 06, 2026

Sumitomo Corporation Global Metals Co., Ltd. (SCGM) and TFI Marine Limited have formed a partnership to introduce innovation into mooring solutions for floating offshore wind and offshore energy projects. The partnership enables and accelerates…

MacGregor to Equip IWS’ Four Skywalker-Class CSOV Newbuilds

Oct 06, 2026

MacGregor has received an order from Nantong Rainbow Offshore & Engineering Equipment to supply motion-compensated cranes and gangways for four additional Skywalker-class commissioning service operation vessels being built for IWS Fleet.The…

ADNOC Signs Multi-Year LNG Supply Deal with Thailand’s Gulf Group

Oct 05, 2026

Abu Dhabi National Oil Company (ADNOC) has signed a multi-year agreement to supply about 2 million tonnes of liquefied natural gas (LNG) to Thailand's Gulf Group starting in 2027.Under the sales and purchase agreement, ADNOC Trading will deliver the LNG to Gulf Group…

DNV Backs Blue Ammonia FPSO Concept from BW Offshore and McDermott

Oct 02, 2026

BW Offshore's blue ammonia floating production, storage and offloading (FPSO) concept, jointly developed with McDermott, has received Approval in Principle (AiP) from DNV, advancing the proposed offshore low-carbon ammonia production solution towards further design development…

Siemens Energy Picks EST-Floattech for Marco Polo's CSOV Battery System

Oct 01, 2026

Siemens Energy has contracted EST-Floattech to supply a battery system of more than 1 MWh for Marco Polo Marine's new CSOV Plus, a vessel designed to work in both offshore wind and oil and gas operations.The Octopus High Energy battery system…

Borr Drilling Lines Up New Work for Jack-Up Rig Trio

Oct 01, 2026

Borr Drilling has announced new commitments for three premium jack-up rigs, including a three-well award in West Africa, an exercised Shell option in Nigeria and an accommodation contract in the UK.The Norve rig has received a binding letter…

Amplitude Energy Takes FID on Otway Gas Project, Sanctions Nestor Well

Sep 30, 2026

Amplitude Energy has taken a final investment decision (FID) on the development phase of its East Coast Supply Project (ECSP) in Australia's Otway Basin, targeting first gas in 2028 and gross production of up to about 90 terajoules per day.The…

Petrobras Signs Long-Term LNG Supply Deal with Cheniere

Sep 30, 2026

Petrobras has signed a 22-year liquefied natural gas (LNG) purchase and sale agreement with U.S. LNG exporter Cheniere for 0.8 million tonnes per annum of LNG.The Brazilian state-run company signed a deal with Cheniere Marketing, a subsidiary of Cheniere Energy…

Dajin Picks Ulstein Design for Offshore Installation Vessel

Sep 28, 2026

Dajin Heavy Industry has selected Ulstein's ULSTEIN HX122 design for an offshore installation vessel capable of installing future 4XL monopiles, expanding the offshore wind foundation supplier's activities into offshore installation.The vessel…

Fugro Completes Ultra-Deepwater Survey for Petronas

Sep 28, 2026

Fugro has completed an ultra-deepwater geohazard site survey for Petronas Carigali's Megah and Limbayong fields off Sabah, East Malaysia, using autonomous underwater vehicle (AUV) technology.The offshore campaign ran from June to August 2026…

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