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FPSO & Vessels

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Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
FPSO & Vessels

Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow

about 1 year ago
Emirati vessel provider wins contract in European offshore wind sector
FPSO & Vessels

GMS wins vessel contract in European offshore wind sector

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Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10

about 2 years ago
FPSO Petrojarl Kong and FSO Yamoussoukro; Source: Eni
FPSO & Vessels

Eni’s revamped FPSO and FSO getting ready to set sail for ‘Africa’s first net-zero emissions’ oil & gas project (Video)

Eni and Altera Infrastructure have held a naming ceremony for an FPSO and FSO, which underwent conversion works for a year.

about 2 years ago
FPSO Energean Power; Source: Energean
FPSO & Vessels

UK firm greenlights $1.2 billion gas project offshore Israel

With a 30-year production license in hand, Energean has made a final investment decision (FID) for a phased development off the coast of Israel.

about 2 years ago
Sattelite photo showing the 2021 oil spill off the coast of Baniyas, Syria; Credit: Planet Labs
FPSO & Vessels

More than 750 oil slicks spotlight pollution risks in Mediterranean Sea

757 oil slicks, covering 1.9 million hectares in the Mediterranean Sea, have been identified between July 2020 – January 2024.

about 2 years ago
Illustration; Source: Energy Maritime Associates (EMA)
FPSO & Vessels

‘Large’ orders for floating production systems coming soon

The floating production systems construction market remains a key bright spot in the offshore marketplace, according to Energy Maritime Associates (EMA).

about 2 years ago
Mermaid Maritime’s joint venture to keep working for oil major
FPSO & Vessels

Mermaid Maritime’s joint venture to keep working for oil major

Mermaid Maritime’s joint venture with a Middle Eastern offshore services company has secured a one-year contract extension for subsea services with an upstream oil and gas company. Thailand-headquartered Mermaid won the contract in a joint venture formed with a local offshore services operator in a

about 2 years ago
Illustration; Source: QatarEnergy
FPSO & Vessels

QatarEnergy doles out $6 billion for 18 huge LNG vessels on historic fleet expansion mission

QatarEnergy is bolstering its giant liquefied natural gas (LNG) fleet expansion with a $6 billion deal for 18 ultra-modern QC-Max size LNG vessels.

about 2 years ago
Subsea7 has won a “sizeable” contract for subsea infrastructure in the U.S. Gulf of Mexico, described as one worth between $50 and $150 million.
FPSO & Vessels

Subsea7’s backlog remains ‘robust’ with high tendering in subsea and offshore wind

Subsea7 has reported a “robust” backlog of $10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured $7.4 billion of c

about 2 years ago
Illustration; Source: QatarEnergy
FPSO & Vessels

Mega LNG fleet expansion rises to 104 vessels after QatarEnergy strikes deal with four shipowners

The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.

about 2 years ago
Illustration; Source: QatarEnergy
FPSO & Vessels

QatarEnergy and Nakilat firm up time-charter deal for 25 vessels under ‘historic LNG shipping program’

QatarEnergy has signed multi-year time-charter party agreements with Nakilat for operating 25 LNG vessels as part of its historic extension.

about 2 years ago
FPSO Energean Power; Source: Energean
FPSO & Vessels

Energean awaits 30-year production license ahead of sanctioning phased gas development offshore Israel

Energean is looking forward to receiving a 30-year production license soon for an area where a string of gas discoveries was made in 2022.

about 2 years ago
GMS Shamal (for illustration purposes); Source: Gulf Marine Services (GMS)
FPSO & Vessels

GMS inks new deal amid stable vessel demand across markets

Gulf Marine Services (GMS) has signed the first of a two phase, multi-year, contract for one of its vessels in the Middle East.

about 2 years ago
FPSO Energean Power; Source: Energean
FPSO & Vessels

Energean FPSO goes full throttle off Israel

Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.

about 2 years ago