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FPSO & Vessels

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Increased charter rates and OSV demand lift Siem Offshore up
FPSO & Vessels

Increased charter rates and OSV demand lift Siem Offshore up

Siem Offshore has reported operating revenues of $336 million for the fiscal year 2023, an increase from $274.3 million in 2022, and $85.2 million for Q4 2023, compared to $64.3 million in Q4 2022, said to be caused by an uplift in charter rates, generated by increased demand for offshore support ve

about 2 years ago
FSRU reaches NFE’s Barcarena LNG terminal in Brazil
FPSO & Vessels

FSRU reaches NFE’s Barcarena LNG terminal in Brazil

U.S. energy infrastructure company New Fortress Energy (NFE) has welcomed the floating storage and regasification unit (FSRU) Energos Celsius at its LNG terminal in Barcarena, Brazil. NFE announced the arrival of Energos Celsius via social media on February 23, 2024. The 160,000 cubic meter Energos

about 2 years ago
BP’s FPSO Tortue; Courtesy of BP
FPSO & Vessels

Africa-bound FPSO going to BP’s massive gas project next quarter

FPSO destined for the biggest project in BP’s portfolio is slated to embark on its journey toward the project site in 2Q 2024.

about 2 years ago
Glomar claims 28% emissions reduction using GoodFuels’ biofuel
FPSO & Vessels

Glomar claims 28% emissions reduction using GoodFuels’ biofuel

Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fuels to GoodFuels’ HVO30, a sustainable marine biofuel blend.

about 2 years ago
FPSO One Guyana; Source: SBM Offshore
FPSO & Vessels

WATCH: SBM Offshore FPSO destined for ExxonMobil’s fourth oil project off Guyana leaves drydock

SBM Offshore has revealed that an FPSO, which will work on ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana, recently left drydock and arrived along the quayside at the Seatrium yard in Singapore.

about 2 years ago
Safe Concordia; Source: Prosafe
FPSO & Vessels

Prosafe spots rise in tendering activity with more awards anticipated for 2025 and beyond

Oslo Stock Exchange-listed Prosafe has caught sight of increased activity in tenders covering work for 2025 and beyond.

about 2 years ago
Venice Energy picks new FSRU supplier for Outer Harbor LNG terminal
FPSO & Vessels

Venice Energy picks new FSRU supplier for Outer Harbor LNG terminal

Australian company Venice Energy has signed a new commercial understanding with AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure, that guarantees that Venice Energy’s Outer Harbor LNG project at Port Adelaide will receive a converted FSRU. The new dev

about 2 years ago
Greece’s first FSRU receives commissioning LNG cargo
FPSO & Vessels

Greece’s first FSRU receives commissioning LNG cargo

Greece’s first floating storage regasification unit (FSRU) based LNG import terminal is gearing up for commissioning tests with the arrival of the first LNG cargo. The commissioning cargo to the Alexandroupolis FSRU was delivered on February 18, 2024, onboard GasLog Hong Kong LNG carrier. Once the c

about 2 years ago
Floatel Endurance; Source: Floatel International
FPSO & Vessels

Aker BP cleared to deploy floatel off Norway

Aker BP consent to use one of Floatel’s semi-submersible accommodation and construction support vessels at a field offshore Norway.

about 2 years ago
Solstad Offshore
FPSO & Vessels

Solstad amps up its decarbonization ante to boost vessels’ fuel efficiency and curb emissions

Solstad Offshore has joined forces with Pon Power and Caterpillar Marine to scale up fuel efficiency across its vessels and slash its emissions.

about 2 years ago
Fenix platform; Source: Wintershall Dea
FPSO & Vessels

TotalEnergies inches closer to first gas as platform installation off Argentina wraps up

TotalEnergies has taken a step closer to the start of production from a gas project located 60 km off the coast of Tierra del Fuego.

about 2 years ago
Siem seeks to slash fleet carbon footprint through collaboration with Wärtsilä
FPSO & Vessels

Siem seeks to slash fleet carbon footprint through collaboration with Wärtsilä

Norwegian shipping company Siem Offshore is collaborating with Finnish technology group Wärtsilä on vessel decarbonization solutions as part of its efforts to reduce the carbon footprint of its 26-vessel fleet and goal of reaching full carbon neutrality by 2050. According to Siem, the aim is to achi

about 2 years ago
Green light for Saipem to restart pipelaying off Australia after vessel incident
FPSO & Vessels

Green light for Saipem to restart pipelaying off Australia after vessel incident

Following the offshore trunkline installation incident at the end of January, Italian oilfield services provider Saipem has received approval from the Australian Commonwealth regulator National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) that the Castorone vessel may r

about 2 years ago
FPSO Okha; Source: Woodside
FPSO & Vessels

Jadestone ups its stake in Woodside’s oil-producing fields off Australia

Jadestone Energy has wrapped up the acquisition of an additional interest in a Woodside Energy-operated project, encompassing oil-producing fields off Australia.

about 2 years ago
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