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FPSO & Vessels

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Fossil EnergyOil & GasBusiness & FinanceBusiness Developments & ProjectsEnergy TransitionGreen MarineShipbuildingCarbon Capture Usage & StorageCollaborationInfrastructureOutlook & StrategyResearch & DevelopmentTechnologyVesselsProject & TendersClean FuelLow-Carbon TransitionCertification & ClassificationRegulation & PolicyAlternative FuelsAmmoniaLiquefied Natural GasLNGInnovationTransitionExploration & Production
FPSO Atlanta joined the Malaysian FPSO player's fleet as the third managed unit operating off the coast of Brazil; Source: Yinson Production
FPSO & Vessels

With $1 billion investment in hand, Yinson Production all set for further growth

Malaysia’s Yinson Production has ticked all the items off the list to bolster its financial position and drive growth by finishing the work related to a $1 billion investment secured with a consortium of international investment firms.

about 1 year ago
K Line and Yinson Production set sights on LCO2 shipping and injection solutions
FPSO & Vessels

K Line and Yinson Production set sights on LCO2 shipping and injection solutions

K Line Energy Shipping, a London-based unit of Kawasaki Kisen Kaisha (K Line), has joined forces with Yinson Production, an owner and operator of floating production, storage and offloading (FPSO) vessels, to develop and market liquefied CO2 (LCO2) carrier and injection solutions.

about 1 year ago
Aerial view of Seatrium's shipyard in Angra, Brazil
FPSO & Vessels

Topside construction underway for Petrobras’ next-gen FPSO

The construction of topside modules for a floating production storage and offloading (FPSO) unit set to work at Brazil’s Santos Basin with the state-owned energy giant Petrobras has started at Seatrium’s shipyard in Angra, Brazil, formerly known as BrasFels.

about 1 year ago
Two men shaking hands
FPSO & Vessels

Chinese firms team up on AI-driven floating energy solutions

China-based provider of clean energy services Wison New Energies (WNE) has signed a strategic cooperation agreement with compatriot provider of solutions for intelligent manufacturing, SUPCON Technology, to leverage AI for use in floating liquefied natural gas (FLNG) and floating production, storage

about 1 year ago
FPSOs P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of 225 thousand barrels of oil per day and processing of 10 million cubic meters of gas per day; Source: Petrobras
FPSO & Vessels

Seatrium picks Swiss player for work on Petrobras’ Brazil-bound FPSO pair

ABB has received a large order from Singapore’s Seatrium to supply electrical equipment and automation solutions for a new generation of floating production storage and offloading (FPSO) vessels, destined to work for Brazil’s state-owned energy giant Petrobras.

about 1 year ago
FPSO Aseng; Source: SBM Offshore
FPSO & Vessels

SBM Offshore pulling out of Equatorial Guinea with FPSO divestment

SBM Offshore has struck a deal with GEPetrol to say goodbye to a floating production, storage, and offloading (FPSO) unit, which will enable it to take its leave from Equatorial Guinea.

about 1 year ago
Höegh Evi and Aker BP’s LCO2 carrier gets DNV’s blessing
FPSO & Vessels

Höegh Evi and Aker BP’s LCO2 carrier gets DNV’s blessing

Marine energy infrastructure developer Höegh Evi and oil major Aker BP have received an approval in principle (AiP) from classification society DNV for their liquefied CO2 (LCO2) carrier design in what was described as “a significant step” in enabling the carbon capture and storage (CCS) value chain

about 1 year ago
FPSO Bleo Holm; Source: Bluewater
FPSO & Vessels

Canadian firm sheds UK business and stake in North Sea oil discovery

New European Offshore (NEO Energy) is set on expanding its oil and gas portfolio by picking up a new addition, thanks to Canada’s Gran Tierra Energy, which has taken steps to offload its UK subsidiary, Gran Tierra North Sea Limited (GTNSL), which holds an interest in an oil discovery.

about 1 year ago
Hanwha Ocean and KR set sights on next-gen ammonia and LNG carriers
FPSO & Vessels

Hanwha Ocean and KR set sights on next-gen ammonia and LNG carriers

South Korean shipbuilding major Hanwha Ocean and compatriot classification society Korean Register (KR) have joined forces to develop an ultra-large ammonia carrier and a forward deckhouse LNG carrier.

about 1 year ago
MODEC FPSO
FPSO & Vessels

MODEC and UK firm going in hot pursuit of FPSO-based carbon capture tech

MODEC has joined forces with the UK-headquartered Carbon Clean Solutions to explore opportunities for accelerated development and deployment of offshore carbon capture technology on floating production, storage, and offloading (FPSO) units to curb the carbon footprint from operations.

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
FPSO & Vessels

39-year-old FPSO going to Las Palmas to get ready for redeployment

Amplus Energy has picked Spain’s Astican Shipyard in Las Palmas de Gran Canaria off the northwest coast of Africa to undertake the work scope related to the preparation for the redeployment of a floating production, storage, and offloading (FPSO) vessel, seen as one of the offshore industry’s most i

about 1 year ago
FPU Osman Gazi; Source: Alparslan Bayraktar, Türkiye’s Minister of Energy and Natural Resources via X
FPSO & Vessels

WATCH: FPU heads off to Black Sea ahead of doubling Türkiye’s gas production in 2026

As part of its efforts to wean itself off energy imports and bolster its domestic production capacity, Türkiye has sent its first-ever floating production unit (FPU) on a journey to the Black Sea, where it is expected to enable a twofold increase in gas production from the country’s giant deepwater

about 1 year ago
FPSO Armada Sterling II; Source: Shapoorji Pallonji Oil & Gas
FPSO & Vessels

Bumi Armada irons out FPSO deal in India

Bumi Armada has sorted out the arrangements for the operation and maintenance (O&M) of a floating production storage and offloading (FPSO) vessel working for Oil and Natural Gas Corporation (ONGC) off the coast of India.

about 1 year ago
A floating production storage and offloading unit being towed
FPSO & Vessels

A journey of 10,000 miles: Singaporean player sheds light on massive FPSO tow

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) has completed the transoceanic tow of a floating production storage and offloading (FPSO) to Angola.

about 1 year ago
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