"FPSO" News

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Jul 14, 2026

Aberdeen-headquartered well integrity and decommissioning specialist Unity has entered the Asia-Pacific market after securing its first regional contract in partnership with Malaysian oilfield services company Reservoir Link.The companies will…

Vår Energi Secures Permits to Drill North Sea Wildcat Wells

Jul 13, 2026

The Norwegian Offshore Directorate (NOD) has granted drilling permits to Vår Energi for two wildcat wells in North Sea offshore Norway.The first permit is for wellbore 35/6-7 S in production license 929, operated by Vår Energi with 40% stake…

Marco Polo, Siemens Gamesa Ink Two-CSOV Framework Agreement

Jul 10, 2026

Singapore-listed marine logistics company Marco Polo Marine's offshore wind division, PKR Offshore, has signed a framework agreement with Siemens Gamesa for the deployment and charter of two commissioning service operation vessels (CSOVs) for offshore wind projects in Asia…

Saipem Taps Fugro for CCS Development off UK

Jul 09, 2026

Fugro has secured a contract from Saipem to provide integrated marine survey and inspection services for the Northern Endurance Partnership (NEP), the UK's first carbon capture transportation and storage infrastructure project.Saipem is leading the engineering…

Oceaneering Wins Offshore Brazil Contract with Petrobras for ROV Services

Jul 07, 2026

Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process…

Norway Averts Offshore Drilling Workers Strike with New Wage Deal

Jul 06, 2026

Norway's unions representing workers on drilling rigs and floating production platforms reached a wage deal on Thursday evening, ahead of a midnight deadline to avert a strike, labour unions and the employers' association said.The unions had…

Woodside Assumes Operatorship of Gippsland Basin Assets in Australia

Jul 01, 2026

Woodside Energy has completed the transfer of operatorship of the Gippsland Basin Joint Venture (GBJV) and Kipper Unit Joint Venture (KUJV) from Esso Australia Resources, taking over operation of one of Australia's largest domestic gas-producing asset portfolios…

Føn Energy Gets Offshore Wind Services Job in Poland

Jul 01, 2026

Norway's Føn Energy Services has secured a multi-year, multi-million-dollar contract from Baltic Power to provide operations and maintenance (O&M) services for the Baltic Power offshore wind farm in Poland.The long-term agreement, which includes extension options…

DOF Bags TotalEnergies Contract for FSO Replacement Project

Jul 01, 2026

DOF Group has secured a contract from TotalEnergies to provide subsea construction and mooring services for the floating storage and offloading (FSO) Unity Replacement Project.The contract covers engineering, transportation and installation of mooring systems…

SBM Offshore, SWS Sign Deal for Seventh FPSO Hull

Jun 29, 2026

SBM Offshore has signed a contract with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading (CSTC) for the construction of its seventh generic Fast4Ward Multi-Purpose Floater (MPF7) hull.The MPF7 will use SBM Offshore's proprietary…

Dutch Firm Secures $465M Funding for Mexico-Bound FSO

Jun 29, 2026

SBM Offshore has secured project financing worth $465 million for the Chalchi floating storage and offloading (FSO) vessel, being built for Woodside Energy's Trion project offshore Mexico.The financing has been provided by a consortium of international…

Ocean Installer Lands Major North Sea Contract from Vår Energi

Jun 29, 2026

Ocean Installer has been awarded a major engineering, procurement, construction and installation (EPCI) contract by Vår Energi for the Balder Next New Wells project in the North Sea.The project forms part of Vår Energi's hub development strategy in the Balder area…

DOF Awarded 3-year Contract for Skandi Involver

Jun 26, 2026

DOF Group ASA has, through its North America subsea region, been awarded a very large contract for Skandi Involver. Commencement of the contract will be early Q3 2026 and the duration is three years firm plus two one-year options. Under the agreement…

Aker Solutions Inks 'Sizeable' Service Agreement

Jun 26, 2026

Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition)  five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.The White Rose field is located approximately 350 km east of St…

Is Hindsight 20/20? Hormuz Oil Shock and Lessons Learned from 1973

Jun 26, 2026

While oil and gas are once again flowing through the Strait of Hormuz, the closure of the vital waterway for over 100 days could prove to be a turning point in global energy markets. The Arab oil embargo of 1973, a similarly disruptive supply shock…

Current News

Norway Approves Request to Delay Offshore Wind Farm License Application

Norway Approves Request to Del

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

TenneT Completes Drilling, Ins

Alexandre de Gusmão FPSO Reaches Peak Production

Alexandre de Gusmão FPSO Reach

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

Transocean Awarded $300 Millio

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