FPSO & Vessels
Petrobras rubber-stamps oil & gas project offshore Brazil: FPSO negotiations drawing to a close
Brazilian state-owned energy giant Petrobras has made a final investment decision (FID) for a development in the Sergipe Alagoas Basin off the coast of Brazil. This project in the Northeast region is anticipated to expand the supply of gas.
DOF’s RSV to kick off $150M contract with Petrobras in January 2027
Norway’s DOF Group has signed a four-year contract with Brazilian oil & gas giant Petrobras for a remotely operated vehicle support vessel (RSV), an announcement that comes after six four-year RSV contract awards as part of the same competitive tender process. The contract for the 2007-built Skandi
Helix to go on P&A duty in UK North Sea in 2026
U.S.-headquartered offshore energy services provider Helix Energy Solutions has secured a multi-year contract for riserless plug and abandonment (P&A) operations on up to 34 subsea wells in the UK North Sea. The award came from a “major operator”, as Helix said, and includes the flushing and disconn
After Atlantic and North America, DOF reveals double win in APAC region
After news about awards in the Atlantic and North America regions, Norwegian vessel owner DOF Group has revealed the win of two contracts in the Asia-Pacific (APAC) region. The first is for a three-year frame agreement for the provision of subsea inspection, maintenance and repair (IMR) services wit
DOF lands work in the Atlantic, secures multi-year North America contract with Shell
Norwegian vessel owner DOF Group has secured several new contracts in the Atlantic region, as well as a multi-year contract in the North America region for Shell. The contracts in the Atlantic region have a combined value of over $60 million, excluding optional work, and will be executed primarily u
Subsea7 and Equinor extend IMR deal for 2013-built vessel
Subsea7 and Equinor have agreed on an extension of their existing frame agreement covering subsea inspection, maintenance and repair services (IMR) delivered by a 2013-built subsea vessel. Under the terms of the extension of an agreement first signed in 2018, Seven Viking will carry out IMR services
Fifth chapter of North Sea oil project’s book now online
Vår Energi, a Norwegian oil and gas operator, has put into production mode another addition to an oil project in the North Sea off the coast of Norway.
Sea1 starts building second of four offshore energy support vessels
Norwegian offshore services provider Sea1 Offshore has cut the first steel for the second of four offshore energy support vessels (OESVs) it has on order with a shipyard in China. Sea1 Offshore placed the order for the first two OESVs with Chinese shipyard Cosco Shipping in November 2024, with the c
EU’s first dedicated offshore CO2 carrier now equipped with CO2 storage tanks (Gallery)
The eighth and final CO2 storage tank has been installed on Carbon Destroyer 1, the first dedicated offshore CO2 carrier built in the EU, set to work on the Greensand project in Denmark. Once operational next year, the vessel will be prepared for its carbon capture and storage (CCS) duties, working
Short lease turns into long-term gig for rig set to become drilling and wellhead platform
Oslo-listed oil and gas E&P player BW Energy has secured a project lease agreement with Minsheng Financial Leasing Co (MSFL) for an offshore unit, which is expected to be repurposed from a jack-up rig into a fully integrated drilling and production platform.
MISC and China Offshore’s ammonia FPSO design wins ABS’ blessing
Two players, MISC and China Offshore Engineering & Technology Company (China Offshore), have secured an approval in principle (AiP) from the American Bureau of Shipping (ABS) for their concept of an ammonia floating production storage and offloading (FPSO) unit.
Serica brings another multimillion-dollar oil & gas acquisition to a close in UK
UK-based upstream oil and gas player Serica Energy has completed the acquisition of Prax Upstream, a subsidiary of compatriot Prax Exploration & Production, expanding its hydrocarbon portfolio on the UK Continental Shelf (UKCS).
Round-up: New oil & gas discoveries take center stage as LNG momentum grows
As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping
Fresh oil discovery in Barents Sea comes to light
Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.