Offshore Floating Production News

 

Petrobras' P-79 FPSO Completes First Oil Offloading at Búzios Field

Jun 12, 2026

Petrobras' P-79 floating production, storage and offloading (FPSO) unit has completed its first oil offloading after beginning operations at the Búzios field offshore Brazil, according to shipbuilder Hanwha Ocean.Hanwha Ocean, which carried out the engineering, procurement and construction of the vessel's hull and topsides, said the FPSO departed its Geoje shipyard in South Korea in November 2025 and arrived in Brazil in February…

Siemens Gamesa CEO: Wind Turbine Cutbacks Likely if Offshore Expansion Falters

Jun 11, 2026

Siemens Energy on Thursday warned of possible wind turbine capacity cuts in Europe if governments fall behind in efforts to expand offshore power, saying a lack of determination could become an 'existential threat' to the industry.The comments…

Britain Offers Grid Connections to More Than 700 Projects In Energy Investment Push

Jun 10, 2026

Britain has offered grid connections to more than 700 projects, the country's power planning body said on Wednesday, under a reformed allocation system expected to help unlock up to £40 billion in annual clean power investment.The allocations follow recent reforms replacing a 'first come…

Al-Designed CTV Saves 100,000 Liters of Fuel, 258 Tons of CO2 a Year

Jun 09, 2026

Compute Maritime, the deep tech company behind NeuralShipper, the world's first Al platform for ship design, has revealed the results of its UK Government-funded project, GenDSOM, to bring generative Al and additive manufacturing into ship design…

BP Hires Noble Corporation’s Giant Semi-Sub Rig for Drilling Ops off UK

Jun 09, 2026

Offshore drilling contractor Noble Corporation has secured a three-well drilling contract with BP for the semi-submersible rig Noble GreatWhite offshore United Kingdom.The contract is expected to last between 150 and 210 days and carries a dayrate of $320…

Eni and Petronas Launch Southeast Asia Gas Joint Venture Searah

Jun 08, 2026

Eni and Petronas have officially established Searah, a new 50/50 joint venture combining selected businesses across Indonesia and Malaysia, creating what has been described as Southeast Asia's largest independent integrated energy company.The…

OEG Expands Wind Services with Hybrid Acquisition

Jun 04, 2026

OEG has acquired Hybrid Resource Management, an onshore and offshore wind workforce solutions provider, in a move to strengthen its technical services capability and expand its presence in the operations and maintenance (O&M) wind market across the UK and Europe…

Aramid hybrid rope cuts snap-back risk and deck contamination on 6,000m OSV

Jun 03, 2026

Aramid hybrid rope cuts snap-back risk and deck contamination on 6,000m OSVWhen Stabbert Maritime configured its multipurpose support vessel Ocean Guardian for continuous deepwater operations, the company expected the lifting system to be a workhorse…

Northern Lights Expands LCO2 Fleet with Vessel Charter for MISC, K Line

Jun 03, 2026

Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…

Indonesia Targets Higher Oil and Gas Output in 2027

Jun 03, 2026

Indonesia's upstream oil and gas regulator SKK Migas told a parliamentary hearing on Wednesday that it will aim to lift 612,500 barrels of oil per day (bpd) and 5,469 million standard cubic feet per day (mmscfd) of gas next year.Indonesia's…

Dolphin Drilling Signs Multi-Year Contract for Borgland Dolphin

Jun 02, 2026

Dolphin Drilling has announced the contract fixture of its semi-submersible drilling rig Borgland Dolphin with an undisclosed operator in the UK, which represents approximately $239 million in firm contract backlog.The contract is scheduled to commence in the second half of 2027…

Apollo’s Floating Wind Quick Connector Gets Closer to Commercial Rollout

Jun 02, 2026

Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…

Weatherford Strikes Deal to Acquire NCS Multistage

Jun 01, 2026

Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…

Transocean Equinox Semi-Sub Rig Set for Drilling Ops Off Australia

Jun 01, 2026

Carnarvon Energy has secured the Transocean Equinox semi-submersible drilling rig for a multi-well campaign that includes exploration wells in the Bedout Sub-basin offshore Western Australia, with drilling scheduled to begin from April 2027…

Vantage Drilling Agrees to $258M Takeover by Eldorado Drilling

Jun 01, 2026

Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…

Current News

Shell Plans to Launch $1b Wind Farm Sale

Shell Plans to Launch $1b Wind

BP Looks to Shed Gulf of America Projects, sources say

BP Looks to Shed Gulf of Ameri

Cadeler Installs Final Turbine at RWE's 1.4GW Sofia Offshore Wind Farm

Cadeler Installs Final Turbine

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

JERA Takes Delivery of First L

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