A partnership of Ocean Installer and OneSubsea has been awarded a major new job related to the next development phase of the Balder area in the Norwegian North Sea. The partnership is under way with ...

Installation and production from new, higher capacity ultra-deepwater FPSOs will generate significant demand for next-generation OSVs and push up day rates The deployment of larger capacity floating ...

COOEC has begun shipping 13 massive topsides modules to Hanwha Ocean's South Korea yard for integration with the P-79 FPSO, destined for Brazil’s Buzios oilfield Chinese contractor Offshore Oil ...

Petrobras announces that the FPSO Almirante Tamandaré, operating in the Búzios field, located in the pre-salt layer of the Santos Basin, reached a record instantaneous production flow equivalent to ...

Brazilian state-run oil company Petrobras has reached a milestone with the Almirante Tamandaré floating production, storage and offloading (FPSO) unit, operating in the Búzios field in the pre-salt ...

ExxonMobil Guyana Ltd. has let a Phase 2 contract to MODEC Inc. for a floating production storage, and offloading (FPSO) vessel for the Hammerhead project. The contract is for a full engineering, ...