"FPSO" News

KOIL Energy Grows Eastern Hemisphere Presence with New Alliance

Aug 05, 2026

KOIL Energy Solutions has entered into a strategic alliance with consultancy Pipeline Network to expand its presence, operational capabilities and customer support across the Eastern Hemisphere.The alliance combines KOIL Energy's subsea technology…

Valaris Jack Up Wraps Up Well Job for BP Offshore Trinidad Early

Aug 04, 2026

Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule.The company credited the performance of the VALARIS 249 crew for delivering the campaign safely…

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Aug 04, 2026

ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…

ADNOC, SLB Deploy AI Platform to Manage Drilling Operations

Aug 04, 2026

ADNOC, in collaboration with SLB, has deployed its AI-enabled Real-Time Operations Center (RTOC) platform across its fleet of over 120 rigs, providing teams with a faster and more connected way to monitor, analyze and manage drilling operations across its onshore and offshore assets…

Odfjell Drilling's Deepsea Atlantic Rig Back in Service After BOP Incident

Aug 03, 2026

Offshore drilling contractor Odfjell Drilling has returned to service its Deepsea Atlantic rig semi-submersible rig following an equipment handling incident in April that left the unit off hire for 106 days.The company said the rig resumed operations…

Petrobras Extends Contracts for DOF-TechnipFMC PLSV Duo

Jul 31, 2026

DOF Group has secured long-term contract extensions with Petrobras for the Skandi Buzios and Skandi Recife pipelay support vessels (PLSVs), extending both contracts into January 2028.Following negotiations with Petrobras, Skandi Buzios was awarded a 516-day extension…

BP Starts Up Atlantis Expansion Project in US Gulf of America

Jul 30, 2026

BP has started production from its Atlantis Major Facility Expansion project in the U.S. Gulf of America, adding new water injection capacity to boost oil recovery and extend the life of one of the company's flagship offshore assets.The project adds two new subsea water injection wells…

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Jul 30, 2026

Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…

DOF Group Awarded Two AHTS Vessel Contracts

Jul 30, 2026

DOF Group ASA has been awarded firm contracts with a duration of more than 1 year and expected commencement in Q1 of 2027 for two of its AHTS vessels. The expected value of each contract is Significant, which DOF defines as contracts with value between USD$15 and 25 million.

Allseas to Install Key Piece of Subsea Pipeline for Canadian LNG Project

Jul 29, 2026

Dutch offshore contractor Allseas has secured a contract by Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project in northwest Canada…

TGS Books Fresh OBN Survey Job

Jul 29, 2026

TGS has been hired for an ocean-bottom node (OBN) seismic survey in the Africa, Mediterranean and Middle East (AMME) region, with offshore operations scheduled to begin in the fourth quarter.The company said a deepwater acquisition crew is due to mobilize in the fourth quarter…

Nauticus Unveils Next-Gen Electric Manipulator for AUVs

Jul 28, 2026

Nauticus Robotics has completed the first prototype of its next-generation electric manipulator, marking a milestone in the company's strategy to expand its portfolio of autonomous subsea intervention technologies.The manipulator has been designed…

Apollo Global to Invest $1.5b in Singapore Oil Rig Fund

Jul 27, 2026

Apollo Global Management will invest $1.5 billion in Singapore-based Keppel's new private fund that will hold six operational oil rigs, the two companies said on Monday.The deal will help Keppel monetise its non-core assets and unlock capital for re-investment…

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Jul 24, 2026

Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8 billion North Hub project in Indonesia, the Indonesian government said.The company…

Oil Eases After Topping $100, Still Set for Weekly Rise

Jul 24, 2026

Oil futures prices fell over 3% on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran.Brent futures LCOc1 fell nearly $4…

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