Yinson Production has confirmed a brief stopover in Namibia, following which its floating production, storage, and offloading (FPSO) vessel, sporting carbon capture technology to decarbonize operations, is slated to reach Angolan waters in mid-May 2025.
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received a stamp of approval for its NearZero floating production storage and offloading (FPSO) design from the American Bureau of Shipping (ABS), a classification society.
Akselos and the American Bureau of Shipping (ABS), a classification society, have strengthened their ties by wrapping up a technical assessment for structural digital twin technology to bolster safety and minimize downtime for floating production storage and offloading (FPSO) units.
Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has made its first foray into a corporate-level standby letter of credit and guarantee facility to boost its liquidity.
The Port of Rotterdam, one of Europe’s major energy hubs, has partnered with Brazilian Vast Infraestrutura, a Prumo Group company providing oil transshipment services, to study the electrification of oil tankers at berth globally.
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana.
Brava Energia has brought two additional wells online by connecting them to an existing floating production, storage, and offloading (FPSO) vessel working at an oil field off the coast of Brazil.
SBM Offshore is pooling resources with Japan’s Mitsubishi Heavy Industries (MHI) Group to undertake a study for the application of CO2 capture modules on future floating production, storage, and offloading (FPSO) units to be deployed on oil and gas fields operated by Brazil’s energy giant Petrobras.
BW Energy has taken a final investment decision (FID) for a project that aims to up the oil production ante at its field in the Espírito Santo Basin off the coast of Brazil.
EnerMech has landed a new assignment for a floating production, storage, and offloading (FPSO) vessel operating in the North Sea on the UK Continental Shelf (UKCS).
Yinson Production is roughly a month away from welcoming its floating production, storage, and offloading (FPSO) vessel to Angolan waters.
SBM Offshore has boosted its financial potency with a new revolving credit facility (RCF), which it secured with a group of 13 international banks.
SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.
Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.
