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Shell’s Brazil-Bound FPSO Starts Taking Shape

Oct 06, 2025

MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking the start of construction of the the aft block of next-generation hull for the Gato do Mato FPSO.Shell hired MODEC for the operations and maintenance of the FPSO…

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

Oct 03, 2025

Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…

SBM Offshore, SLB to Optimize FPSO Performance Using AI

Oct 03, 2025

SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…

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

Sep 30, 2025

MODEC has been awarded the full engineering, procurement, construction, and installation (EPCI) scope to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project in Guyana following a final investment decision (FID) by ExxonMobil…

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

Sep 26, 2025

Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11, entailing the Kuda Tasi & Jahal (KTJ) fields development project…

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

Sep 25, 2025

Dutch-based SBM Offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico.The FSO’s name…

Russia Targets 2028 for Sakhalin-3 Gas Project Start Up

Sep 25, 2025

Russia is expected to start natural gas production at the new Sakhalin-3 project in the Pacific Ocean in 2028 to supply gas to China and for domestic needs, Russian news agencies said on Thursday, citing the local governor.The governor, Valery Limarenko…

Seatrium Secures ABS Backing for Deepwater FPSO Design

Sep 24, 2025

Seatrium has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its proprietary FLEXHull 1500K-M floating production storage and offloading (FPSO) design.The AiP underscores Seatrium’s ability to deliver advanced solutions for deepwater oil and gas production…

MDL Secures Cable Laying Job in Asia Pacific

Sep 23, 2025

Maritime Developments (MDL) has secured a subsea installation project in the Asia-Pacific region, covering the lay of two cables and two umbilicals.The work will be done in water depths between 800 and 1,200 meters.For the 60-day campaign, scheduled to mobilize from Singapore in 2026…

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Sep 19, 2025

Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…

Yinson Production Nets DNV Approval for New FPSO Hull Design

Sep 18, 2025

Yinson Production has received Main Scantling Approval (MSA) from classification society DNV for its Meridian purpose-built floating production, storage and offloading (FPSO) hull design.The newly approved Meridian FPSO hull is designed to perform in challenging offshore environments…

Hanwha Ocean's Tidal Action Drillship Starts Maiden Job with Petrobras

Sep 18, 2025

The high-specification ultra-deepwater drillship Tidal Action, owned by Hanwha Ocean, has started its maiden contract with Petrobras at Roncador field, offshore Brazil.The Tidal Action arrived in the Guanabara Bay in Rio de Janeiro on July 7…

Petronas to Leverage AI to Expedite Oil and Gas Exploration Activities

Sep 17, 2025

Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm, to expand the use of artificial intelligence in oil and gas exploration activities…

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Sep 16, 2025

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…

Hanwha Ocean Enlists ABB for Singapore’s First Floating LNG Terminal

Sep 16, 2025

Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal.ABB ’s integrated electrical…

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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