Magnora is setting apart its FPSO segment from the renewables business, splitting them apart due to the considerable growth in profits from renewables.
ABB has been hired for the delivery of a complete electrical system and associated digital solutions on ExxonMobil’s Guyana-bound FPSO.
Ulstein Verft has completed the conversion of a 2015-built platform supply vessel (PSV) into a geotechnical survey vessel for Fugro, representing one out of two vessel transformation tasks it has on its to-do list. Ulstein Verft finished the conversion of the Fugro Resilience at the end of 2023, on
Shell is the latest firm in a long line of companies, which decided to steer clear of the Red Sea shipping route in response to rising Houthi vessel attacks.
THREE60 Energy has landed two contract wins with BW Offshore for engineering, procurement, construction, and commissioning (EPCC) services.
Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.
Black & Veatch’s President of Asia Pacific and India spotlighted accelerated LNG production as a critical piece of the decarbonization puzzle.
Jumbo Offshore has got a job with Japan’s MODEC for an FPSO, which will work on ExxonMobil’s fifth oil development offshore Guyana.
SP Energy is enthusiastic about the first oil from an FPSO vessel, which is working for Oil & Natural Gas Corporation (ONGC).
Brazilian oil and gas player Enauta has restarted production from another well at a field offshore Brazil.
Norway’s DeepOcean is set to charter a converted, battery-powered offshore support vessel from shipowner Island Offshore to further enhance its subsea offering to the offshore renewables and oil & gas industries. DeepOcean has entered into a long-time charter agreement with Island Offshore for the I
Wood has been hired by HD Hyundai Heavy Industries (HHI) for detailed engineering of the topsides facilities on a floating production unit (FPU) destined for Woodside’s deepwater oil project.
BP has hired Petrofac on a long-term contract for operations at its Greater Tortue Ahmeyim (GTA) project off the coasts of Mauritania and Senegal.
BW Offshore has confirmed the lay of the land for the extension of a contract for an FPSO vessel beyond the currently fixed term.
