Offshore Floating Production News - page 2


Fugro Expands Geotechnical Testing Capabilities in Indonesia

Jun 11, 2025

Fugro has opened a new geotechnical testing laboratory in Jakarta, Indonesia, enhancing its regional capabilities for energy and infrastructure projects.The new facility will increase Fugro’s lab capacity in Asia Pacific by 20% and cut testing turnaround times by 30%…

EIA: US Natural Gas Output to Reach Record Levels in 2025

Jun 11, 2025

U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105…

UK Firm Secures Exploration Extension for Two Blocks off Vietnam

Jun 10, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has secured two-year extension of the exploration period for two blocks located in moderate to deep waters offshore Vietnam.The approval has been received…

North Sea O&G Operators Opt for Flylogix Drones to Tackle Methane Emissions

Jun 10, 2025

Flylogix, the operator of next generation unmanned aerial vehicles (UAVs), has secured contracts with several leading oil and gas operators to help tackle the industry’s methane emissions.Worth seven figures accumulatively, the contracts include…

Seatrium Picks ABB to Supply Electrical Equipment for Petrobras' FPSOs

Jun 10, 2025

ABB has secured a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) vessels for operator Petrobras…

Eni, YPF Sign Deal for Argentina LNG Project

Jun 09, 2025

Eni and Argentina's energy company YPF have signed an agreement for the Argentina LNG (ARGLNG) project.The agreement defines the required steps to reach the final investment decision for the phase of the project that includes the production…

Noble, Green Yard Sign Maintenance Contract for GreatWhite Rig (Video)

Jun 08, 2025

Noble and Green Yard have entered into a contract for a scheduled yard stay for the ultra-deepwater semi-submersible drilling rig Ocean GreatWhite, owned by Noble Corporation.The rig will enter the yard for maintenance, demobilization and upgrades after it has completed its job west of Shetland…

Brava Energia Inks $65M Deal with PetroReconcavo for Natural Gas Assets

Jun 06, 2025

Brazil's Brava Energia signed a $65 million deal to sell a 50% stake in midstream natural gas infrastructure assets in the state of Rio Grande do Norte to PetroReconcavo, the companies said in separate filings.The assets include two natural gas processing units…

Record Offshore Wind Auction Required for UK to Meet Targets

Jun 06, 2025

Britain’s next renewable energy auction must secure a record amount of new offshore wind capacity if the country is to meet its 2030 clean power targets, Darren Davidson, vice president of turbine maker Siemens Energy UK&I, told Reuters.The…

First French Floating Wind Farm Fully Commissioned

Jun 06, 2025

France's first floating wind farm, the 25 MW Provence Grand Large, located in the Gulf of Fos in the Mediterranean Sea.The Provence Grand Large wind farm is a pilot project with three floating wind turbines installed 17 km off the coast of Port-Saint-Louis-du-Rhône…

Equinor and Centrica Ink $27B Long-Term Gas Sales Agreement for UK

Jun 05, 2025

Equinor and Centrica have signed long-term gas sales agreement of 55 TWh of natural gas per year, or around 5 billion cubic meters – bcm, for a period of 10 years, to be delivered to U.K.Starting October 1, 2025 at terms reflecting market prices…

SBM Offshore Exits Equatorial Guinea with Aseng FPSO Divestment

Jun 05, 2025

SBM Offshore has signed a share purchase agreement for the full divestment of its equity interest in the lease and operating entities of the Aseng floating production, storage and offloading (FPSO) unit to GEPetrol.SBM Offshore’s exit from Equatorial…

Kongsberg Maritime to Supply Equipment for Sea1 Offshore’s OCVs

Jun 03, 2025

Kongsberg Maritime has secured a contract to supply a comprehensive equipment package for four new offshore construction vessels (OCVs) to be built at Cosco Nantong for Norwegian offshore services provider Sea1 Offshore.Kongsberg Maritime and…

GLO Marine to Upgrade Hydraulic System on Bluewater’s FPSO

Jun 02, 2025

Retrofit specialist GLO Marine has secured hydraulic system upgrade job on Bluewater’s Haewene Brim floating production, storage and offloading (FPSO) unit, following the successful delivery of the project’s first phase.The contract builds on…

Fugro Lands Deepwater Gas Field Job in Southeast Asia

Jun 02, 2025

Fugro has signed a letter of award to perform a site characterization program for a deepwater gas field development in Southeast Asia.The contract award represents the largest geotechnical and geophysical survey project for Fugro in the Asia Pacific region to date…

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