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Offshore Oil & Gas News

 

BW Opal FPSO Vessel set for Work off Australia

May 28, 2025

Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore.'We would like to express our appreciation to BW Offshore for entrusting Seatrium with their projects over the years,' said Marlin Khiew, EVP, Energy (Americas), Seatrium. 'The successful completion and delivery of BW Opal marks our 18th FPSO for BW Offshore.'Seatrium’s scope of work included installation and integration works of topside modules…

Three Dead in Chevron's Angolan Oil Patform Fire

May 28, 2025

A second person died from their injuries in hospital following a fire at a Chevron-operated oil platform offshore Angola, bringing the number of fatalities to three, government and company officials said late on Tuesday.Two workers were initially…

The Five Trends Driving Offshore Oil & Gas in 2025

Dec 23, 2024

[1] Flat Outlook for Global Spend … but … Aadvantaged Projects Attract CapitalWith concerns of a softening oil market, we expect global upstream investment to remain flat or even fall – indeed, the reported 2025 budgets to date show a 3-4% drop…

Driven by Oil & Gas, Norway Wealth Fund Approachs $2 Trillion

Dec 06, 2024

The value of Norway's sovereign wealth fund, the world's largest, rose to a record 20 trillion crowns ($1.8 trillion) on Friday, doubling its value in just five years as oil and gas revenue flowed in and stock markets rose.Built since 1996 as rainy-day savings…

Current News

Shell’s Brazil-Bound FPSO Starts Taking Shape

Shell’s Brazil-Bound FPSO Starts Taking Shape

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

Ventura Offshore’s Semi-Sub Rig to Keep Drilling for Eni in Asia

SBM Offshore, SLB to Optimize FPSO Performance Using AI

SBM Offshore, SLB to Optimize FPSO Performance Using AI

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Aesen, DOC JV Targets Subsea Cable Logistics

Aesen, DOC JV Targets Subsea Cable Logistics

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

Timor Gap Boosts Stake in Finder Energy’s Timor-Leste Oil Fields

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

SBM Offshore Starts Construction of FSO for Trion Oil Field off Mexico

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