"FPSO" News

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…

Allseas Readies Overhauled Solitaire Pipelayer for Gulf Return

Jul 24, 2026

Dutch offshore contractor Allseas has completed one of the most extensive renewal and upgrade programs in the history of its pipelay vessel Solitaire, paving the way for the ship's return to commercial operations following 10 months of work in Rotterdam…

KOIL Energy Lands First Brazil Subsea Maintenance Job

Jul 24, 2026

KOIL Energy has secured its first contract in Brazil for subsea umbilical maintenance services, marking the company's entry into the world's largest deepwater offshore market.The contract covers the re-termination and testing of subsea umbilical components…

DOF Reshapes Fleet With Six-Vessel Transactions

Jul 23, 2026

DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet…

Petrogas Picks Worley for Abeona CCS Project in Dutch North Sea

Jul 23, 2026

Worley has secured a contract by Petrogas E&P Netherlands to carry out the pre-front-end engineering design (pre-FEED) study for the Abeona carbon capture and storage (CCS) project in the Dutch North Sea.The Abeona project is intended to develop…

Securing the Subsea Supply Chain: How Geographic Diversification is Shifting Focus to East Asia’s Only ROV Manufacturer

Jul 23, 2026

As global geopolitical tensions and concerns over the security of critical subsea infrastructure, including offshore wind farms and subsea cables, continue to grow, leading offshore developers and marine engineering companies are reassessing their procurement strategies…

ABL Gets Papua New Guinea FSO Job

Jul 22, 2026

ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply…

PALFINGER to Supply Cranes for UK Offshore Wind Farm

Jul 22, 2026

PALFINGER has secured a contract from Smulders to supply 64 davit cranes for the East Anglia TWO offshore wind farm in the UK, extending its presence in one of Europe's largest offshore wind markets.The order covers one PF 160-5m davit crane for each of the project's 64 wind turbines…

All Production Wells Come Back Onstream at Karoon Energy’s Baúna Field

Jul 20, 2026

Karoon Energy has returned all production wells at its Baúna project offshore Brazil to service after restarting the PRA-2 well, lifting field output to about 22,000 barrels of oil per day (bpd).Production from the PRA-2 well resumed on July…

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jul 20, 2026

Malaysia-based offshore drilling contractor Velesto Energy has mutually agreed with PC Ketapang II, PC North Madura II and PETRONAS North Ketapang to terminate, without cause, a contract for the NAGA 8 jack-up drilling rig offshore Indonesia…

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