Along with the Canada submarine program, Hanwha Ocean is keeping close watch on whether it will win an ultra-large offshore ...

BP (LSE:BP) and Eni’s Azule Energy joint venture has approved a final investment decision for a large FPSO project offshore ...

The IPT demonstrated that the FPSO’s production, processing and utility systems are operating together and maintaining ...

The region has 36 FPSO projects planned or awarded between 2021 and 2030, representing roughly $181 billion in greenfield commitments. Brazil and Guyana anchor activity, with technically complex ...

Shell launches a 36-month AI project to enhance safety on Floating Production, Storage and Offloading units. Modec contributes operational data and expertise to strengthen the project's real-world ...

Vår Energi is the operator of the Balder field with a 90% share, while Kistos Energy Norway holds the remaining 10%. Accord ...

South Korea's Hanwha Ocean and Dutch specialist SBM Offshore battle for $10bn FPSO as TotalEnergies prepares Venus final investment decision.

South America continues to dominate the global FPSO landscape, awarding nearly half of all new floating production units over the past five years. With Petrobras and ExxonMobil responsible for more ...

BW Offshore has completed the Interim Performance Test for the BW Opal FPSO BW Offshore completed the Interim Performance Test (IPT) for the BW Opal floating production, storage, and offloading vessel ...

BW Energy is pleased to announce the completion of a USD 365 million project finance facility, backed by China Export & Credit Insurance Corporation (“Sinosure”), to fund the refurbishment and ...

The FPSO and FLNG sectors are experiencing a period of unprecedented contractual complexity. As projects grow larger, traditional frameworks in ...

Keppel Shipyard has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. Keppel Shipyard, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd, has ...