Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.
Sea1 Offshore, former Siem Offshore, has won a deal in South America with an undisclosed company for one of its anchor handling tug supply (AHTS) vessels.
Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium
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
Norwegian shipping group Island Offshore has awarded compatriot shipbuilder VARD with a contract to design and construct one hybrid power ocean energy construction vessel (OECV) and has also agreed on an option for two more vessels. In 2020-2021, Island Offshore, whose 19-vessel fleet operates in th
Malaysia’s Sapura Energy has secured $1.8 billion worth of contracts with Brazilian state-owned oil and gas giant Petrobras for six multi-purpose pipe-laying support vessels (PLSVs). Sapura Energy’s joint venture entities Seabras Sapura Holding and Seabras Sapura Participacoes have been awarded the
An FPSO, which is working on ExxonMobil’s first oil development project offshore Guyana, has tucked one more industry first under its belt.
Vår Energi has struck a deal with DNO Norge to divest its interests in five oil and gas fields in the Norwegian Sea.
Yinson Production has confirmed the departure of an FPSO vessel from a Chinese shipyard.
Senegal’s O3S has commissioned Incat Crowther and Penguin International to build a new FSV to service the country’s offshore energy sector.
MODEC and JGC Corporation have wrapped up a project aimed at measuring and quantifying emissions of methane and other greenhouse gases (GHG).
MODEC has put Seatrium in charge of topsides integration on an FPSO, which will be deployed at ExxonMobil’s oil development offshore Guyana.
BW Offshore has brought the sale of an FPSO vessel to an end, thanks to BW Energy upholding its end of the bargain.
Yinson Production has secured a limited recourse term loan facility of up to $1.3 billion for the pre-and post-delivery financing of an FPSO.
