Petrobras has secured Approval in Principle (AiP) from Lloyd's Register (LR) for the conceptual design of its proposed REVIT I TUPI floating production, storage and offloading (FPSO) unit, advancing the redevelopment of the Tupi oil field offshore Brazil.The approval covers an FPSO concept based on the detailed design of the existing FPSO P-68, which is currently operating in Brazil's Santos Basin…
Kongsberg Maritime has secured a contract to provide safety and automation systems for Equinor's planned Wisting floating production, storage and offloading (FPSO) vessel, part of the development of one of the largest undeveloped oil discoveries on the Norwegian Continental Shelf…
Seatrium has secured a floating production, storage and offloading (FPSO) vessel integration contract worth over $155 million (S$200) million from SBM Offshore for offshore developments in South America.The contract covers the fabrication of key mooring and riser support structures…
Norwegian engineering company Aibel has been awarded a front-end engineering and design (FEED) contract for the topsides of the planned Wisting production vessel, as the Equinor-led partnership advances work towards a potential investment decision for the Barents Sea development…
Britain's Serica Energy flagged a further delay to the restart of its Triton production vessel on Monday, prompting the oil and gas firm to lower its annual production forecast.Here are details from the company:Triton production is expected to resume around the end of November…
Murphy Oil Corporation has reported a successful appraisal well offshore Côte d'Ivoire and an oil discovery offshore Vietnam, alongside the start of production from two offshore developments in Vietnam and the Gulf of America.In Côte d'Ivoire…
Equinor has signed an agreement to sell a 30% interest in its Bay du Nord offshore oil project in Canada to Shell, bringing in a new partner as the companies work towards a final investment decision in early 2027.Under the agreement, Equinor…
Rockhopper Exploration has agreed to invest $44 million to acquire a 35% interest in the OSX-1 floating production, storage and offloading (FPSO) vessel, which is planned for the accelerated development of the Sea Lion oil field in the North Falkland Basin…
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…
Yinson Production has signed a contract amendment with Eni for a major gas capacity upgrade of the John Agyekum Kufuor floating production, storage and offloading (FPSO) unit offshore Ghana.Under the amendment, signed on October 2, Yinson will…
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…
China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…
TotalEnergies has made a new oil discovery at Acacia-5 in Angola's Block 17 and expects to bring it into production just three months after the June 2026 discovery, while expanding its exploration portfolio with operated interests in two additional offshore blocks…
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Azule Energy to supply controls umbilicals for the West Hub Tails project offshore Angola, supporting the transfer of production from the aging Ngoma FPSO to the new Agogo FPSO…
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