FPSO & Vessels
FPSO hull design obtains ABS’ seal of approval
The American Bureau of Shipping (ABS), a classification society, has bestowed an approval in principle (AiP) to Finland’s marine engineering player Deltamarin and China Merchants Heavy Industry (CMHI) for a new versatile floating production, storage, and offloading (FPSO) hull design.
1986-built FPSO lands redeployment gig at Southeast Asia’s oil project
Finder Energy, a Perth-based oil and gas exploration player, has struck a deal with Aberdeen-based Amplus Energy, which will enable a 39-year-old floating production, storage, and offloading (FPSO) vessel to work at two oilfields off the coast of Timor-Leste, Southeast Asia.
DeepOcean winding down North Sea FPSO disconnection gig for TotalEnergies
DeepOcean is close to crossing the finish line for an assignment in the North Sea, which entails the disconnection and tow of a floating production, storage, and offloading (FPSO) vessel, alongside the removal of associated subsea infrastructure on the UK Continental Shelf (UKCS).
Seatrium entrusts another Swiss firm with work on Brazil-bound FPSO duo
Seatrium has hired Sulzer, a Switzerland-headquartered sustainable flow control innovation player, to provide pump packages for two next-generation floating production storage and offloading (FPSO) vessels, destined to be deployed at assets operated by Brazil’s state-owned energy giant Petrobras.
MODEC-SOFEC merger giving birth to integrated mooring solutions business unit
Japan’s MODEC has embarked on a strategic merger of its wholly owned companies, MODEC America and SOFEC, to create an integrated mooring solutions business unit and strengthen global offerings.
Solstad vessel to keep sailing with DeepOcean in 2027, instead of work with Prysmian
A construction support vessel (CSV) owned by Norway’s Solstad Maritime is set to return to work for DeepOcean in 2027 instead of beginning a five-year contract with Italian cabling giant Prysmian Group as announced in 2024. Under a contract defined as very large, meaning it is worth between $50 mill
After Taiwan, Mermaid Maritime creates joint venture in Equatorial Guinea
Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture company in Equatorial Guinea with the African country’s national oil company GEPetrol S.A for services in the oil & gas industry. The primary activity of the j
DOF gets call from the Atlantic from BP
Norwegian vessel owner DOF Group has secured a three-year firm, with two-year options, contract with UK-headquartered energy giant BP for subsea services in the Atlantic region. DOF said it would deploy a high-capability subsea vessel to support BP with subsea construction, installation, repair, and
Yinson Production’s CFO: Two new project bonds on the 2026 horizon to refinance FPSO duo
Foreseeing no financing woes to hinder its progress, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, is eyeing refinancing opportunities for two floating production, storage, and offloading (FPSO) units with new project bonds on t
DeepOcean and Saudi partner to form joint venture for subsea work in Middle East
Ocean services provider DeepOcean has signed a heads of terms agreement with Saudi Arabia-based Jana Marine Services to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East. To be named JADE Subsea Services, the joint ventur
Petrobras prolongs assignments for DOF and TechnipFMC’s three PLSVs
Three pipelay support vessels (PLSVs) owned by a joint venture of DOF and TechnipFMC have secured contract extensions with Brazil’s oil and gas firm Petrobras. The current contracts of the 142-meter-long Skandi Vitória and Skandi Niterói have been extended from the fourth quarter of 2025 until the f
DFO, GO seal MoU for offshore wind and oil & gas vessel collaboration
Dong Fang Offshore (DFO) has signed a memorandum of understanding (MoU) with GO Offshore (GO), establishing a framework for future cooperation in the offshore wind farm supporting vessel business, as well as offshore oil and gas vessel operations.
Italy’s Fincantieri and NextGeo seal the deal for autonomous vehicle development
Italian shipbuilding group Fincantieri, through its subsidiary Ingegneria dei Sistemi (IDS), and compatriot Next Geosolutions (NextGeo), have signed a memorandum of understanding (MoU) to establish a strategic collaboration for the development of unmanned surface vehicles (USVs) and related technolo
ABS debuts digital twin to enhance safety, cut downtime, and extend lifespan of FPSOs, FLNGs, and FSRUs
The American Bureau of Shipping (ABS), a classification society, has launched a real-time 3D structural digital twin life-cycle management tool, which is a web-based solution tailored for floating production storage and offloading (FPSO), floating liquefied natural gas (FLNG), and floating storage a