FPSO & Vessels
2010-built DOF CSV wins one-year contract extension
BW Energy locks down multimillion-dollar financing for offshore platform and production growth
The path from discovery to first oil is moving at a fast pace for BW Energy, which is laying the groundwork for its expansion offshore Gabon.
Murphy Oil notches dual exploration wins in West Africa and Asia alongside Vietnam and US Gulf start-ups
Murphy Oil has paired exploration and appraisal successes with new projects being put into production mode.
Yinson Production achieves industry-first non-Brazil FPSO project bond at $1.46 billion
Yinson Production has closed the largest FPSO project bond to date at $1.458 billion, marking the first-ever non-Brazil issuance for the asset class.
Rockhopper pledges $44 million for oil project’s second Falklands-bound FPSO
Rockhopper has committed millions to secure a stake in a floating production, storage, and offloading (FPSO) destined for the Falkland Islands.
Yinson Production and Eni amplifying African FPSO’s gas capacity
Yinson Production has locked in a $600 million backlog boost after signing a contract amendment with Eni to overhaul an FPSO offshore Ghana.
BW Offshore and McDermott’s blue ammonia FPSO concept catches wind in its sails with DNV backing
DNV's blessing for this blue ammonia FPSO concept paves the way for unlocking scalable, low-carbon offshore energy production.
Vessel duo's APAC drilling support jobs boost Solstad's backlog by up to $30 million
Norwegian shipping firm has locked in a multimillion-dollar backlog boost through deals for its AHTS vessel pair in the APAC region.
WATCH: Island Offshore’s second ocean energy construction vessel goes to Norway for completion
The second hybrid power ocean energy construction vessel (OECV) that Norwegian shipbuilder VARD is constructing for compatriot shipping group Island Offshore is on its way to Norway to undergo completion. Island Offshore placed an order with VARD for the design and construction of the first hybrid p
MODEC, Eld Energy chart path to low-carbon FPSO power with ABS milestone
Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, have cleared a key milestone in the new technology qualification (NTQ) process from the American Bureau of Shipping (ABS), advancing their solid oxide fuel cell (SOFC) power system toward deployment on operating floating production,
Saipem picks up $350 million subsea job offshore Angola
Italy’s engineering, drilling, and construction services company Saipem has won a roughly $350 million contract from Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, for subsea work on an offshore development in Angola, adding another major deepwater award to the Italian contractor
Norwegian PSV to continue current charter for additional 100 days
The 2015-built platform supply vessel (PSV) Energy Paradise, owned by Norwegian Golden Energy Offshore Services (GEOS), is set to continue working for Peterson Den Helder as the company has exercised a further well option. The newly exercised option will begin immediately in direct continuation of t
Odfjell Drilling’s new rig busy until 2031 thanks to deal with Vår Energi
Odfjell Drilling has signed a letter of award (LOA) with Vår Energi for a 2019-built semi-submersible rig that it purchased at the end of 2025, extending the unit’s firm contract backlog until Q1 2031. The scope of work awarded for Deepsea Bergen includes a period of three years, starting in early 2
ABS certifies FPSO design for South American and West African deep waters
South Korea’s Hanwha Ocean has secured a basic design review (BDR) certification from ABS for a standardized floating production, storage and offloading (FPSO) design developed for the South American and West African deepwater market, as well as related sustainability reviews. The review included th