A Yinson Production-operated floating production, storage, and offloading (FPSO) unit chartered by Brazilian state-owned oil and gas giant Petrobras has produced first oil in the pre-salt Campos Basin offshore Brazil.
Gulf Marine Services (GMS), a UAE-headquartred provider of self-propelled and self-elevating support vessels for the offshore energy sector, has raised its backlog to $505 million thanks to a new contract in Europe and the extension of two existing ones in the Middle East. GMS reported on October 10
France’s technological containment specialist Gaztransport & Technigaz (GTT) has received respective orders from Korean and Chinese shipyards for tank designs for a total of four new liquefied natural gas (LNG) carriers. In the third quarter of this year, GTT secured an order from its partner Korean
Hanwha Ocean has thrown a boost of 11.67% into its final offer to shareholders of Singapore-based offshore builder Dyna-Mac, which specializes in manufacturing marine plant topside structures for floating production, storage, and offloading (FPSO) and floating liquefied natural gas (FLNG) units.
Offshore Frontier Solutions, a MODEC Group company, has joined forces with Toyo Engineering India Private to establish a global capability center in Bengaluru, India, which will be a joint venture company, called TOYO MODEC OFS India (OFS India).
France’s energy giant TotalEnergies has signed a charter agreement with Spanish shipowner Ibaizabal for a new liquefied natural gas (LNG) bunker vessel of 18,600 cbm capacity.
Brazilian state-owned energy heavyweight Petrobras has joined forces with the UK’s engineering and consulting company Wood to change and enhance the design of the traditional floating production, storage, and offloading (FPSO) vessels working for the Brazilian giant to minimize the number of persons
Yinson Production has tucked a new milestone under its belt for floating, production, storage, and offloading (FPSO) vessel, which is destined to work off the coast of Angola for Angola-headquartered Azule Energy, a joint venture between BP and Eni.
TotalEnergies has kept its word by reaching a final investment decision (FID) for a giant oil project in Block 58 off the coast of Suriname before the year-end, as promised. With the construction and installation phases estimated to take approximately four years, the first oil is anticipated in 2028
Houston-based Westlawn has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The firm’s new partner, Brava Energia, former 3R Petroleum before the merger with Enauta, has welcomed the company to Brazil and revealed a timeline for
Hanwha Ocean has put the wheels in motion to expand its capacity in this arena by taking full control over Singapore-based offshore builder Dyna-Mac.
Maritime Developments Limited (MDL) has been tasked with providing horizontal subsea umbilicals, risers, and flowlines (SURF) lay spread onto an I-class subsea support vessel to assist Denmark-headquartered Maersk Supply Service (MSS) with a solution development scope at a giant oil field in the pre
A joint venture (JV) between Schoeller Holdings and Deutsche Offshore Schifffahrt (DOS) has ordered four commissioning service operation vessels (C-CSOVs) for deployment in the offshore wind and other segments of the offshore energy sector, marking its entry into the market which is, according to Ph
Energy equipment and marine solutions company Hawnha Power Systems, a part of South Korean Hanwha Group, and Greek LNG shipping services provider GasLog have agreed to work on replacing the existing fossil fuel-powered vessels with ammonia gas turbines under the new memorandum of understanding (MoU)
