An industry-proven Floating Production Storage and Offloading (FPSO) unit FPSO Tamara Tokoni is currently available for immediate redeployment to support new or ongoing offshore field development ...

Chicago, Nov. 17, 2025 (GLOBE NEWSWIRE) -- The global offshore mooring systems market was valued at US$ 1.7 billion in 2024 and is expected to reach US$ 2.5 billion by 2033, growing at a CAGR of 4.1% ...

MODEC Inc said Tuesday it is combining its wholly owned companies MODEC America Inc and SOFEC Inc to create an integrated mooring solutions business. "SOFEC will be fully integrated into the MODEC ...

Norway's BW Offshore has completed the acquisition of a used floating production, storage and offloading vessel, and is targeting up to three oil and gas project opportunities for it. The acquisition ...

Norway-based TMC Compressors has been chosen to deliver a high-capacity marine compressed air system for MODEC’s new floating production storage and offloading (FPSO) vessel, Gato do Mato. The ...

Vaalco Energy is once again considering using a floating production, storage and offloading vessel to develop its marginal Venus oil discovery in Equatorial Guinea. Located in shallow water in Block P ...

ABS issued an approval in principle (AIP) to Encomara for its Squid system, an approach that adapts proven disconnectable mooring technology to support floating offshore wind developments.The Squid ...