FPSO & Vessels
MODEC and AFC joining forces on African offshore infrastructure
Japan’s MODEC has executed a co-operation agreement with infrastructure solutions provider Africa Finance Corporation (AFC) to jointly work on floating production, storage, and offloading (FPSO) units projects and other maritime infrastructure projects in Africa.
Carlyle buying Altera’s FPSO business
UK-based Altera Infrastructure (Altera) intends to sell its entire floating production storage and offloading (FPSO) business to global investment firm Carlyle.
BW Offshore emerges as preferred FPSO bidder for Canada’s $12B oil project
Equinor has taken another step to bring to life its oil project off the coast of Newfoundland and Labrador by inking heads of agreement (HoA) with BW Offshore for a floating production, storage, and offloading (FPSO) unit that will be deployed on the Canadian project, which was put on ice for three
2014-built vessel removes Gulf of America’s oldest tension leg platform
C-Innovation, an affiliate of Edison Chouest Offshore (ECO), has completed the decommissioning of what it says is the oldest tension leg platform (TLP) in the Gulf of America. The 2014-built multipurpose support vessel (MSV) Island Venture put its remotely operated vehicles (ROVs), cranes and back d
Karoon unveils multimillion-dollar investment into FPSO revitalization campaign
Karoon Energy, Australia’s oil and gas company, has revealed its investment plans for a floating production, storage, and offloading (FPSO) revitalization campaign and a life extension project at a field off the coast of Brazil.
Australia ups energy ante: LNG project ready for start-up, FPSO weeks away from first gas
Australian energy player Santos has shed light on the progress made in bringing its oil, gas, and liquefied natural gas (LNG) projects to life, with one project reaching the stage where all the pieces are in place to come online, another is fast approaching the same level, and the third one in Alask
Refurbished FPSO helps Vår Energi reach production milestone early
Norwegian upstream oil and gas player Vår Energi has achieved what it says is a significant milestone by recording a level of production sooner than planned.
Following FPSO restart, North Sea operator achieves first oil lifting
After resuming production from a floating production, storage, and offloading (FPSO) vessel in the North Sea, Serica Energy, a UK-based upstream oil and gas player, has completed the first lifting of oil from this unit, which is deployed on the UK Continental Shelf (UKCS).
Saipem sheds light on its part in early start-up of ExxonMobil’s oil project offshore Guyana
Saipem has landed a helping hand to U.S.-headquartered ExxonMobil to bring online its fourth oil project on the Stabroek block off the coast of Guyana.
Bumi Armada-MISC merger falls through
Talks about a potential business combination between Malaysia’s Bumi Armada and the offshore segment of the compatriot shipping giant MISC Berhad (MISC), an owner and operator of offshore floating and energy-related maritime solutions and services, have come to nought.
SBM Offshore and Brazilian player unveil robotic tool for FPSO oil tank cleaning
Ambipar, a Brazil-headquartered environmental solutions provider, and SBM Offshore, a Dutch provider of the design, construction, installation, and operation of offshore floating facilities, have revealed a new solution for cleaning cargo oil tanks on floating production, storage, and offloading (FP
Petrobras awards DOF with two new contracts worth over $275M
Norwegian vessel owner DOF Group has secured two new long-term contracts with Brazil’s state-owned energy giant Petrobras that have a combined value of more than $275 million. Skandi Carla and Geoholm have been contracted on four-year charters with Petrobras as remotely operated vehicle (ROV) suppor
Provaris launches Yinson-funded FEED for LCO2 tank
Provaris has received approval from Yinson to start the FEED phase for its large-scale low-pressure LCO2 tank.
SBM Offshore FPSO up and running in Guyana: First oil gushes out of ExxonMobil’s 4th project
SBM Offshore, a provider of design, construction, installation, and operation of offshore floating facilities, has put its new floating production, storage, and offloading (FPSO) vessel into production mode, enabling ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana to co