Investing.com -- SBM Offshore has signed a Memorandum of Agreement with COSCO for the construction of a new Fast4Ward FPSO hull, expanding its existing partnerships for hull construction.

Dutch floating production specialist SBM Offshore is nearing the critical yard selection phase for the construction and integration of modules for the floating production, storage and offloading ...

Hull design and fabrication for floating production, storage and offloading vessels has shifted considerably to standardisation to cut construction time. Advocates say generic hull design lets oil and ...

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 ...

Shell plc SHEL, the British oil and gas supermajor, has awarded a multi-year operations and maintenance contract to the Japanese shipbuilding company, MODEC, to work on its Gato do Mato project in ...

TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.

Ship classification organization ABS granted approval in principle for an FPSO vessel for blue ammonia designed by Japanese firms MODEC and TOYO. Ship classification organization American Bureau of ...

Petróleo Brasileiro S.A. - Petrobras PBR, on behalf of the Tupi field consortium, recently announced an extension to the charter term of the FPSO Cidade de Angra dos Reis by another five years. The ...

The Agogo FPSO, operated by Yinson Production for Azule Energy, made a scheduled technical stop at Walvis Bay on May 8, 2025, on its way to Angola. Azule Energy has advanced work to develop two ...

Objective: Maintain a floating production, storage, and offloading (FPSO) facility to safely deliver stable oil/gas production, storage, and offloading over 15–30 years without dry-docking, while ...