MOL and Petrobras have inked a charter deal for a cargo transfer vessel (CTV) and plan to embark on negotiations to build a new CTV by year-end.
Viaro Energy has received regulatory approval related to the acquisition of a partial interest in a huge undeveloped oil field on the UKCS.
Seatrium has welcomed the first steel fabrication milestone for the construction of a new FPSO destined for a project off the coast of Brazil.
BW Offshore is coming closer to the end of the construction phase for a floating production storage and offloading (FPSO) vessel.
Enauta is making progress in putting all the puzzle pieces together to bring an FPSO, destined to work at its field off Brazil, online later this year.
OceanStar has received a blessing from ABS in the form of a recent approval in principle (AIP) for its newbuild FSO design.
Floatel International has won a new contract and secured an optional one for a semi-submersible support vessel off the coast of Norway.
Oil and gas gas company Energean has brought a new project on stream to boost output from a field off the coast of Israel.
After another year of active tendering, Subsea7 secured $7.4 billion of contract awards in 2023, taking its backlog to $10.6 billion, a year-end level last seen in 2013. In its full-year 2023 financial report, Subsea7 reported revenue of $6 billion, an increase of $838 million or 16% compared to the
ABL has been picked as tow master to support and supervise the towage of an FPSO vessel from Yantai, China, to Brazilian waters.
Vaalco Energy is in talks with the owner of Sweden’s Svenska Petroleum Exploration to bring the firm into the fold and take over its main asset off Cote d’Ivoire.
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
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
FPSO destined for the biggest project in BP’s portfolio is slated to embark on its journey toward the project site in 2Q 2024.
