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FPSO & Vessels

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FPSO One Guyana; Source: SBM Offshore
FPSO & Vessels

SBM Offshore’s FPSO trio nearing finish line for first oil next year as ExxonMobil sets its cap on buying another Guyanese unit

SBM Offshore is putting the finishing touches in place to make three of its floating production, storage, and offloading (FPSO) vessels ready to start their assignments next year. Two of these will be deployed at oil fields offshore Brazil while one is destined for ExxonMobil’s project off the coast

about 1 year ago
Fast4Ward design; Source: SBM Offshore
FPSO & Vessels

SBM Offshore and Technip Energies to breathe life into ‘all-electric’ FPSO for TotalEnergies’ $10.5B oil project

TotalEnergies has put the Netherlands-based SBM Offshore and the French engineering player Technip Energies in charge of a floating production, storage, and offloading (FPSO) for its new oil development project in Block 58 off the coast of Suriname.

about 1 year ago
Steel strike ceremony for FPSO Jaguar; Source: SBM Offshore
FPSO & Vessels

SBM Offshore cheers FPSO steel strike milestone for ExxonMobil’s oil project off Guyana

SBM Offshore is making progress in bringing to life a floating production, storage, and offloading (FPSO) vessel, which will work on U.S.-based ExxonMobil’s sixth deepwater oil development on the Stabroek block off the coast of Guyana.

about 1 year ago
ExxonMobil buys FPSO working off Guyana for $1.23 billion
FPSO & Vessels

ExxonMobil buys FPSO working off Guyana for $1.23 billion

U.S.-headquartered ExxonMobil has closed the purchase of a floating production, storage, and offloading (FPSO) vessel working in Guyana from SBM Offshore, while the Dutch FPSO operator will continue operating and maintaining the vessel. ExxonMobil Guyana Ltd. and BM Offshore completed the transactio

about 1 year ago
Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard
FPSO & Vessels

Brazil-bound FPSO prepares for sailaway after christening at Seatrium’s yard

Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil.

about 1 year ago
Sea1 orders two methanol-ready offshore energy support vessels from China
FPSO & Vessels

Sea1 orders two methanol-ready offshore energy support vessels from China

Norwegian vessel operator Sea1 Offshore, formerly known as Siem Offshore, has placed an order with Chinese shipyard Cosco Shipping for two next-generation offshore energy support vessels (OESVs) that will be methanol-ready. Bernt Omdal, CEO of Sea1, said that the investment is part of the company’s

about 1 year ago
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
SD Waalo; Source: KOTUG
FPSO & Vessels

BP picks KOTUG and African firm for work at its largest gas project

BP has hired two companies, Kotug and its Senegalese partner Maritalia, for the provision of marine services off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio.

about 1 year ago
A large vessel at sea
FPSO & Vessels

OneSubsea completes pump installation at Brazil’s offshore field in anticipation of FPSO’s first oil

OneSubsea, a company majority-owned by SLB, has installed three pump stations at a field offshore Brazil operated by BRAVA Energia, an oil and gas player formed following the merger of Brazil’s 3R Petroleum and Enauta. The field’s floating, production, storage, and offloading (FPSO) unit is expected

about 1 year ago
DOF closes purchase of Maersk Supply Service, now employing 5,000 people
FPSO & Vessels

DOF closes purchase of Maersk Supply Service, now employing over 5,000 people

Norwegian vessel owner DOF Group has completed the purchase of Maersk Supply Service (MSS), now having a workforce of more than 5,000 people and operating a fleet of 78 vessels of which 65 are owned. DOF announced on July 2 that it would through the newly incorporated subsidiary DOF Offshore Holding

about 1 year ago
FPSO Alvheim; Source: Aker BP
FPSO & Vessels

Sale of North Sea oil field brings $24 million to Eni’s Vår Energi

Vår Energi, majority-owned by Italy’s Eni, has wrapped up the divestment of its interest in an Aker BP-operated field located in the Norwegian sector of the North Sea.

about 1 year ago
A rendering of a FPSO vessel
FPSO & Vessels

Hanwha Ocean’s standardized FPSO concept wins double blessing

South Korea’s shipbuilder Hanwha Ocean has received approvals in principle (AIP) for the preliminary front-end engineering design (pre-FEED) of a standard floating production storage and offloading (FPSO) facility from two classification societies, the United States’ ABS and France’s BV.

about 1 year ago
FPSO BW Opal; Source: BW Offshore
FPSO & Vessels

Another ‘critical’ step taken to get FPSO ready for first gas in 2025

Norway’s FPSO operator BW Offshore has disclosed further progress in the integration and commissioning of its newbuild floating production storage and offloading (FPSO) vessel, which is on track to start work at a giant field off the coast of Australia in the first quarter of 2025. According to BW O

about 1 year ago
FPSO Marechal Duque de Caxias; Source: MISC
FPSO & Vessels

New FPSO achieves first oil at Petrobras’ third largest field offshore Brazil (Gallery)

Petrobras has put into operation another floating production, storage, and offloading (FPSO) vessel, which is working at the firm’s third-largest oil field in the Santos Basin off the coast of Brazil.

about 1 year ago
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