"FPSO" News

Petrobras FPSO Initiates Búzios 6 Production

Jan 02, 2026

The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin…

FPSO off Brazil Stabilizing Production After Halt

Dec 30, 2025

Production at Brazilian state-run oil firm Petrobras' P-69 offshore oil platform, in the country's Tupi field, was temporarily interrupted due to a routine safety procedure, the company told Reuters in a statement on Monday.The platform, which produced an average of 106…

Surprise Gas Hit Adds Momentum to ConocoPhillips’ Australian Drilling Ops

Dec 30, 2025

An offshore gas exploration well operated by ConocoPhillips Australia has intersected unexpected gas in the Otway Basin off southeastern Australia, prompting a temporary pause in drilling while partners assess changes to the well design.The Charlemont-1 exploration well…

DOF Inks $150M ROV Support Vessel Contract with Petrobras

Dec 30, 2025

Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier…

ASRY Completes Multiple Rig Upgrades for ADES

Dec 30, 2025

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain…

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Dec 26, 2025

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month transport voyage from Europe, marking a key milestone ahead of its planned return to drilling operations in 2026.The rig reached Vung Tau on December 25…

Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift

Dec 26, 2025

Baker Hughes has signed a multi-year contract with Kuwait Oil Company (KOC) to supply advanced artificial lift systems and related services aimed at boosting production across Kuwait’s oil and gas fields.Under the agreement, Baker Hughes will…

Yinson Production Cuts First Steel for Vietnam-Bound FSO

Dec 24, 2025

Malaysia's Yinson Production has held a steel cutting ceremony for a floating storage and offloading (FSO) unit, bound for deployment at Block B gas field offshore Vietnam.The steel cutting ceremony, held on December 19, 2025, marked the construction start of the FSO Block B…

DOF Bags Two Deals in Asia-Pacific Region

Dec 23, 2025

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance…

DOF Expands Backlog with Atlantic Awards, Shell IMR Deal

Dec 22, 2025

Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million…

CNOOC Launches New Offshore Oil Development in Southern China

Dec 22, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought the Xijiang Oilfields 24 Block Development Project on stream in the shallow waters of the Pearl River Mouth Basin, marking the start of production at the offshore project…

Viridien Completes Reimaging of BM-S-2 Multi-Client Survey in Santos Basin

Dec 22, 2025

Viridien has successfully completed the BM-S-2 seismic reimaging project in the southern Santos Basin, delivering a modern, high-fidelity 3D dataset across 8,468 sq km to support growing exploration activity in one of the most strategic, emerging offshore regions of Brazil…

ConocoPhillips Hires Subsea7 for Work Offshore Norway

Dec 19, 2025

Subsea7 has secured a contract by ConocoPhillips Skandinavia, subsidiary of ConocoPhillips, for the Previously Produced Fields (PPF) development, offshore Norway.Subsea7’s scope covers engineering, procurement, construction and installation (EPCI) of subsea structures…

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

Dec 18, 2025

Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels…

DeepOcean Set for Long-Term IMR Duty with Vår Energi

Dec 17, 2025

Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…

Current News

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Petronas Takes Operatorship of Oman’s Offshore Block 18

Petronas Takes Operatorship of

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