FPSO & Vessels
Bourbon’s fleet stronger for 13 vessels
French maritime services player Bourbon has strengthened its fleet with 13 new offshore support vessels since the start of 2026, representing a value of over $180 million, with 10 of them already under contract. Bourbon has acquired six diesel-electric vessels from the Minsheng Group, five platform
Valeura charters Shelf Drilling’s 19-year-old rig
Canadian oil & gas company Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand. The Enterprise jack-up rig has been chartered for a three-year term which runs until December 31, 2029. Valeura Energy has an option on the st
After LNG vessel deal, Dubai-based firm orders four new VLGCs to enrich LPG fleet
Dubai-based independent energy and commodities trading group BGN is expanding its liquefied petroleum gas (LPG) fleet capacity with the order for four new dual-fuel very large gas carriers (VLGCs) to be built in Korea. HD Hyundai Heavy Industries (HD HHI) will construct the four VLGCs at its shipyar
Petrobras bringing $12-billion oil & gas project pair to life with SBM Offshore on FPSO duty for both
Brazilian state-owned energy giant Petrobras has made a final investment decision (FID) for another development in the Sergipe Alagoas Basin off the coast of Brazil. Dutch giant SBM Offshore is in charge of two floating production, storage, and offloading (FPSO) vessels that will enable production f
FPSO returns to operation mode in Eastern Mediterranean
London-based oil and gas player Energean has restarted production from a floating production, storage, and offloading (FPSO) vessel deployed at a field off the coast of Israel.
Petrobras gives out $56 million contract extension to Solstad CSV
A construction support vessel (CSV) owned by Solstad Maritime (SOMA) has secured a two-year contract extension worth approximately $56 million with Brazilian oil & gas company Petrobras. As part of the extended contract, the CSV Normand Fortress will provide accommodation services to support product
Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job
Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil.
Wheels up for FPSO to come back online in Eastern Mediterranean waters
London-based oil and gas player Energean has received the go-ahead to resume production from a floating production, storage, and offloading (FPSO) vessel, which is working at a field off the coast of Israel.
Santos eyes restart of Australia’s huge gas project next week
Australian energy player Santos has disclosed a timeline for the resumption of production at its gas project off the coast of Australia’s Northern Territory.
Third well comes online at Brazilian oil field
Brazilian oil and gas company PRIO, formerly known as PetroRio, has started production from another well at its subsea tie-back project in the Campos basin off the coast of Brazil.
27-year-old FPSO ends its final voyage at European ship recycling facility
A floating production, storage, and offloading (FPSO) unit has reached its final destination in Europe, where it will be recycled at Modern American Recycling Services (MARS) in Denmark.
Norwegian shipowner finalizes sale of 2016-built PSV
Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has completed the sale of its 2016-built platform supply vessel (PSV), announced earlier this month. GEOS announced on March 12 that its subsidiary Energy Passion AS had signed a binding sales agreement for the PSV Energy Pas
BW Energy inks sale and leaseback deal for jack-up drilling rig
Oslo-listed oil and gas E&P player BW Energy has signed a sale and leaseback agreement with China’s Minsheng Financial Leasing (MSFL) for a jack‑up drilling rig. BW Energy will receive an $80 million cash consideration, strengthening financial flexibility while maintaining continued access to the Ja
Vietnamese player’s ‘super rig’ ready for drilling
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes