BW Offshore has warned of impairment to the value of five FPSO units due to limited potential for future redeployment.
ExxonMobil has kicked off the first production from the second phase of its Liza project, making it Guyana’s second offshore development.
Enauta has concluded the purchase of an FPSO for the Definitive System of its operated Atlanta field located off Brazil.
BW Offshore has inked a deal to recycle one of its FPSOs at a yard in India, as part of its strategy to optimise its current asset portfolio.
Keppel Offshore & Marine has secured new contracts from repeat customers with a total value estimated at about $186 million.
At least three people have reportedly died following an explosion of the FPSO Trinity Spirit in waters off Nigeria.
Petrobras and Yinson have signed the contracts for the chartering and provision of FPSO services for the Jubarte field offshore Brazil.
An offshore production vessel located in waters offshore Nigeria has been engulfed in flames following an explosion.
Petrobras has revealed that the FPSO Guanabara has arrived at the Mero field, located in the Libra Block offshore Brazil.
Wilson Sons anticipates an increase in the FPSO demand and already serves 70 per cent of the chartered FPSOs in the country.
ExxonMobil booked a profit in the last quarter of 2021 amid a significant increase in revenues driven by a rebound in oil and gas prices.
Equinor has presented an impact assessment for the development and operation of Wisting development located in the Barents Sea off Norway.
Equinor has selected two engineering players to carry out conceptual studies for an FPSO vessel while the review of the project’s EIS deemed it an unreliable source of information for decision-making processes.
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.
