"FPSO" News

Chevron Acquires Blocks in Brazil's Foz do Amazonas Basin

Jun 17, 2025

Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…

Mermaid Subsea Wraps Up North Sea Well Intervention Job

Jun 16, 2025

Mermaid Subsea Services (UK) has completed a well intervention on the Teal P2 well in the Central North Sea for Anasuria Operating Company (AOC).Executed from the Island Valiant vessel, the operation was carried out on behalf of Anasuria Operating Company (AOC)…

Aramco CEO: Realism Must Anchor Global Energy Transition, Especially in Asia

Jun 16, 2025

Aramco President & CEO Amin H. Nasser used his address at Energy Asia 2025 to deliver a pointed message: the global energy transition must be rebalanced with pragmatism, especially for fast-growing regions like Asia that are still heavily reliant on conventional energy…

Yinson Production Completes Buy-Out of FPSO Atlanta Project Loan

Aug 06, 2025

Yinson Production has agreed to and completed the buy-out of the project loan related to FPSO Atlanta from Brava Energia.At the time of the completion of the transaction, the principal amount outstanding under the project loan was approximately $408…

Israel Orders Energean to Halt FPSO Production as Iran Launches Counterstrikes

Jun 13, 2025

British gas producer Energean said on Friday it has temporarily suspended the production and activities of its Power floating production storage and offloading (FPSO) located offshore Northern Israel due to the geopolitical escalation in the Middle East…

JDR Wraps Up Type Test Qualification of Next-Gen Offshore Wind Cables

Jun 12, 2025

JDR Cable Systems (JDR), part of the TFKable Group, has completed two new type test qualifications at 132kV for static and dynamic array cables, supporting the next generation of fixed and floating offshore wind projects.The successful testing marks a critical step in delivering U…

North Sea Operator Picks OEG for Offshore Helifuel Services

Jun 11, 2025

Energy solutions business OEG has secured a multi-year helifuel services contract with a major U.K. operator.Under the terms of the agreement, OEG will manage the company’s offshore helifuel systems in the North Sea and provide helifuel tanks on a serviced rental basis…

Repsol Hires Halliburton for Well Lifecycle Optimization of North Sea Assets

Jun 10, 2025

Repsol Resources UK has hired Halliburton under a five-year contract to support the full well lifecycle on its oil and gas assets in the U.K. North Sea.Halliburton will provide subsurface technology, drilling and completion services, and digital solutions for major new developments…

Rex’s Akrake Set for July Drilling Ops off West Africa

Jun 06, 2025

Akrake Petroleum, Rex International's indirect subsidiary, has completed the development plan for the Seme field offshore Benin, with the drilling operations scheduled to begin in early July 2025 using Borr Drilling’s jack-up rig.Akrake holds…

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…

Transocean Scoops $100M for Two-Well Drilling Job for Equinor

Jun 05, 2025

Transocean has secured $100 million from two-well option exercised by Equinor for one of its harsh environment semi-submersible drilling rigs.Equinor has decided to extend Transocean Spitsbergen semi-submersible rig’s stay in Norway, with the latest option exercised by the company…

MODEC, Carbon Clean to Advance FPSO-Mounted Carbon Capture Tech

Jun 05, 2025

MODEC and Carbon Clean Solutions have signed a memorandum of understanding (MoU) to continue the development and eventual deployment of floating production, storage and offloading (FPSO)-based offshore post-combustion carbon capture technologies…

OWC, Empire Engineering Secure Work on Scottish Offshore Wind Farms

Jun 05, 2025

OWC and Empire Engineering have been selected to provide owner’s engineering services at the Ayre and Bowdun offshore wind farms, supporting Thistle Wind Partners (TWP), a consortium composed of DEME, Qair and Aspiravi, from concept selection through to further design phases…

Serica Energy Revises Production Outlook as Triton FPSO Ramp-Up Lags

Jul 30, 2025

U.K.-based oil and gas firm Serica Energy has revised its production outlook for 2025, following the delays with the ramp-up to steady production from the Triton floating production, storage and offloading (FPSO) unit, which was restarted earlier in July…

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…

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ESVAGT-KMC JV Nets Long-Term Vessel Deal for Korea Offshore Wind Farm

ESVAGT-KMC JV Nets Long-Term V

OMV Petrom Signs Gas Contracts as Neptun Deep Nears 2027 Start

OMV Petrom Signs Gas Contracts

Equinor Trims Renewables Spend After Profit Drop

Equinor Trims Renewables Spend

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