Floating Production Unit News

 

Hunting Lands $31M Subsea Equipment Order for Black Sea Field

Jul 21, 2025

Precision engineering firm Hunting has secured awarded an order worth $31 million for its titanium stress joints (TSJs), which will form part of a phase three deepwater gas development in the Turkish area of the Black Sea.Hunting's Subsea Spring business unit…

PRIO Moves Ahead with Wahoo Field Drilling Plan off Brazil

Jul 21, 2025

Brazilian oil and gas firm PRIO has secured a preliminary license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the Wahoo field production development system and interconnection of the new wells to the Frade floating production…

China Rolls Out 17MW Floating Wind Turbine Prototype

Jul 18, 2025

The world’s most powerful direct-drive floating offshore wind turbine, rated at 17 MW and co-developed by Dongfang Electric Corporation and China Huaneng, has been rolled out in China.With the highest single-unit capacity and the largest rotor diameter globally…

Cierco Energy and MPS Team Up for Celtic Sea Floating Wind Demo

Jul 18, 2025

Cierco Energy and Marine Power Systems (MPS) have signed a memorandum of understanding (MoU) as a first step towards the deployment of MPS’ PelaFlex technology in one of the Llŷr Test and demonstration projects in the Celtic Sea.The MoU formalizes the strategic partnership…

BASF Signs Up for Long-Term Natural Gas Supplies from Norway

Jul 18, 2025

German-based chemical firm BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 2 billion cubic meters or 23 terawatt hours of natural gas over a 10-year period.The contract secures a substantial share of BASF’s natural gas needs in Europe…

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

Jul 17, 2025

SBM Offshore’s Jaguar floating production, storage and offloading (FPSO) unit, bound for deployment at ExxonMobil’s field off Guyana, has entered the drydock at Seatrium yard in Singapore.The drydocking represents a major new forward in the delivery of the FPSO…

Worley Inks FEED Contract for Scottish Floating Wind Farm

Jul 17, 2025

Worley has secured a front-end engineering and design (FEED) contract for onshore substation for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…

Equinor’s Wildcat Well in North Sea Fails to Deliver

Jul 17, 2025

Equinor and its partners have drilled a dry well in the Garantiana NV prospect in the North Sea.Wildcat well 34/6-8 S was drilled in production license 554, which was awarded in 2010 (Awards in pre-defined areas 2009). This is the eighth well drilled in this production license…

ABS and FLOWRA to Advance Offshore Wind Technologies

Jul 16, 2025

ABS and the Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan signed a memorandum of understanding to collaborate and explore new technologies to support the floating offshore wind industry.FLOWRA is a technical…

Gazelle Wind Power Banks $1.7M for Floating Wind Demonstrator

Jul 16, 2025

Gazelle Wind Power, a Dublin-based floating wind developer, has secured $1.7 million investment through strategic agreement with dstgroup, a Portuguese conglomerate, aimed at advancing floating wind technology and Nau Azul demonstration project off Portugal…

MODEC, Eld Energy Advance FPSO Offshore Fuel Cell Pilot

Jul 16, 2025

MODEC has entered into a contract with Eld Energy, a Norwegian fuel cell system company, to design and manufacture a solid oxide fuel cell (SOFC) system pilot unit intended for installation on one of the MODEC-operated floating production, storage and offloading (FPSO) units…

OMV Drills Dry Well in Norwegian Sea

Jul 16, 2025

Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Jul 15, 2025

Seatrium has announced the impending delivery of Petrobras 78 (P-78), the first of a series of turnkey floating production, storage and offloading (FPSO) units to Petrobras.The sailaway ceremony took place two weeks ago at Seatrium’s Singapore yard…

TechnipFMC Awarded Heidrun Extension Contract

Jul 15, 2025

TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for its Heidrun extension project in the Norwegian North Sea.The project will enhance the current infrastructure and extend the production lifecycle for the Heidrun platform…

Mooreast Finds Geotechnical Partner for Floating Energy Solutions

Jul 15, 2025

Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…

Current News

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Yinson, PTSC Get $600M Contrac

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Bourbon to Deliver Next-Gen Cr

Inyanga Marine to Operate Hybrid Vessel for Offshore Wind Sector

Inyanga Marine to Operate Hybr

Aker BP Swaps North Sea Stakes with Japex

Aker BP Swaps North Sea Stakes

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