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.

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 ...

The expanded Chinese supply chain, now strengthened by COSCO, positions SBM to capture a significant share of the booming ...

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 ...

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 ...

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.

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 ...

RIO DE JANEIRO, Feb 21 (Reuters) - Brazil's state-run oil firm Petrobras (PETR4.SA), opens new tab is considering cancelling a tender to charter a production storage and offloading vessel (FPSO) from ...

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 ...