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FPSO & Vessels

SBM Offshore subsidiary to design CO2 transport and injection solution for Southern North Sea

IMODCO Terminals, a subsidiary of the Netherlands-headquartered SBM Offshore, has secured a front-end engineering design (FEED) contract with Carbon Collectors for the development of an offshore CO2 transport and injection solution in the Southern North Sea. The nine‑month FEED will define the desig

about 7 months ago

FPSO & Vessels

African multi-well offshore drilling campaign on BW Energy’s agenda in July

Oslo-listed oil and gas E&P player BW Energy has made further progress in preparations for its planned drilling program off the coast of Gabon.

about 7 months ago

FPSO & Vessels

ExxonMobil pays $2.32 billion for Guyana-based FPSO, SBM Offshore remains in charge of ops

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and ExxonMobil Guyana, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, have wrapped up the change of ownership process for a floating production, stora

about 7 months ago

FPSO & Vessels

Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-

about 7 months ago

FPSO Petrojarl I; Source: Tenerife Shipyards

FPSO & Vessels

WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia

A 1986-built floating production, storage, and offloading (FPSO) vessel has arrived at a shipyard in Tenerife, which is part of Spain and the largest of the Canary Islands in the Atlantic Ocean. This unit has lined up for an assignment at two oilfields off the coast of Timor-Leste in Southeast Asia.

about 7 months ago

From left: Hans Fredrik Lindøen-Kjellnes, CEO Eld Energy, Koichi Matsumiya, CTO of MODEC, and Charles Tsai, General Manager of Delta’s Hydrogen; Source: Delta

FPSO & Vessels

Trio paving the way for hydrogen adoption in FPSO and maritime power sphere

Three players, Japan’s MODEC, Norway’s Eld Energy, and Delta Electronics, have joined forces to expand hydrogen use in the maritime sector, driving energy transition by deploying solid oxide fuel cell (SOFC) technology for the first time on a floating production, storage and offloading (FPSO) vessel

about 7 months ago

FPSO & Vessels

Wison and Jereh pursuing opportunities in floating units and oil & gas plays

China-based Wison Group has joined forces with Yantai Jereh Oilfield Services Group (Jereh) to combine strengths in energy engineering and high-end equipment to support offshore floating facilities and onshore oil and gas engineering, procurement and construction (EPC) opportunities.

about 7 months ago

FPSO & Vessels

Fourth and final dual-fuel methanol tanker delivered to Hafnia, set to work for TotalEnergies

Singapore-based tanker owner Hafnia and its joint venture partner, French shipowner Socatra, have taken delivery of their fourth and final dual-fuel methanol medium-range (MR) tanker constructed in China. The latest addition to Hafnia and Socatra’s IMO II MR fleet, Ecomar Gironde, is part of the joi

about 7 months ago

FPSO Fast4Ward design; Source: SBM Offshore

FPSO & Vessels

Exclusive interview with SBM Offshore: South America anchors business growth, as West Africa emerges on FPSO horizon

SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa.

about 7 months ago

Illustration of FPSO with full scale (100 MW) SOFC installation with integrated carbon capture; Source: MODEC

FPSO & Vessels

MODEC lays the groundwork for zero carbon FPSOs with partnership set on low-carbon offshore power solution

Japan’s MODEC has joined forces with Eld Energy, a Norwegian fuel cell system company, to pursue a scalable multi-MW power system for floating production, storage, and offloading (FPSO) units to enable them to fully run on zero-carbon power.

about 7 months ago

FPSO & Vessels

MODEC places FPSO gig in DOF’s hands for ExxonMobil’s oil project offshore Guyana

DOF has secured a new assignment with Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel, which will work at an oil project operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, off the coast of Guyana.

about 7 months ago

EnerMech's new job is with Saipem for subsea pre-commissioning project offshore Guyana; Courtesy of EnerMech

FPSO & Vessels

Saipem taps EnerMech for job on ExxonMobil’s $12.7 billion oil project off Guyana

Aberdeen-headquartered integrated solutions specialist EnerMech has landed a new pre-commissioning assignment with Italy’s engineering, drilling, and construction services giant Saipem for Guyana’s sixth deepwater oil development project at the Stabroek block, operated by ExxonMobil Guyana, a subsid

about 7 months ago

FPSO & Vessels

Saipem’s jack-up returns to work in ‘key market’ after one-year suspension

Saipem’s jack-up rig Perro Negro 7 is set to resume operations in Saudi Arabia this month, after the contract it had secured in 2011 was temporarily suspended in 2024. Saipem won the contract for Perro Negro 7 in 2011 and secured an extension in June 2023 for ten years. The contract was temporarily

about 8 months ago

FPSO & Vessels

Ithaca Energy awards Prosafe vessel with $2.73M contract extension

North Sea oil & gas operator and producer Ithaca Energy has exercised the option for Prosafe’s flotel to stay all three remaining weeks at the Captain field in the UK sector of the North Sea. Safe Caledonia’s contract was supposed to keep the vessel at the Captain field until early February 2026, af

about 8 months ago