MODEC and Terra Drone Corporation have entered into a joint research and development agreement to enhance inspection drones for floating production, storage and offloading (FPSO) vessels.The agreement follows the memorandum of understanding signed by the companies in November 2023…
Yinson Production has placed $1.035 billion senior secured notes to refinance the floating, production, storage and offloading (FPSO) vessel Anna Nery, working for Petrobras in the Marlim field, offshore Brazil.The successful pricing of $1.035 billion 144A/Reg S non-recourse…
Yinson Production has closed the limited recourse term loan facility of up to $1.3 billion for the pre and post-delivery financing of the Agogo FPSO, whish is set for deployment on Azule Energy’s development offshore Angola.The financing is provided by a consortium of 13 lenders…
SBM Offshore’s floating floating production, storage, and offloading (FPSO) unit ONE Guyana, built for ExxonMobil’s Yellowtail field offshore Guyana, has left the drydock and arrived along quayside at the Seatrium yard in Singapore.The FPSO…
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