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Thursday, February 12, 2026

Fpso News

12 Feb 2026

BW Offshore, McDermott Unveil Blue Ammonia FPSO Concept (Video)

Foating blue ammonia FPSO concept (Credit: Screenshot/Video by BW Offshore)

BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel.The floating production, storage and offloading (FPSO) concept is designed to process up to 3 million cubic meters of gas per day, producing more than one million tonnes of ammonia annually.It incorporates carbon capture technology designed to…

10 Feb 2026

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

The P-54 FPSO on the Roncador Field (Credit: Geraldo FalcĂŁo / Equinor)

Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading vessel (FPSO).The dispute relates to a settlement agreement reached in 2008 following amendments to the original 2004 contract. Under the settlement, Petrobras Netherlands agreed to pay Jurong Shipyard a close-out amount of $152.3 million,…

05 Feb 2026

Longitude Unveils Compact PSV Design Aimed at Cost Efficiency

Illustrations of the D-Flex PSV design (Credit: Longitude)

Maritime design and engineering consultancy Longitude has launched a new compact platform supply vessel (PSV) design D-Flex, aimed at improving cost efficiency for shipowners.The D-Flex PSV is the second design in Longitude’s IMT Isca series and is positioned as a smaller and more cost-efficient addition to the range. The design is an evolution of the operationally proven IMT 984, also known as the G-Class.The DP Class 2 vessel is designed for offshore energy operations in Asia, the Middle East and West Africa, with additional potential deployment in the southern North Sea.

04 Feb 2026

Seatrium Wraps Up AmFELS Yard Sale

Seatrium AmFELS shipyard at Brownsville, Texas (Credit: Seatrium)

Seatrium has completed divested its AmFELS Yard located at Brownsville in Texas to Karpower Valley, a related party of Karpowership.The divestment, first announced in September 2025 and completed on January 30, 2026, will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities, the company said at the time.All projects carried out at the AmFELS yard have been completed and delivered prior to completion the asset sale…

03 Feb 2026

Windward Offshore Takes Delivery of Vard-Built CSOV

(Credit: Vard)

Vard, the Norwegian subsidiary of the Fincantieri Group, has delivered the second Commissioning Service Operation Vessel (CSOV) to Windward Offshore, named Windward Paris.The naming ceremony was held at the delivery yard, Vard Brattvaag in Norway on January 28, 2026.Windward Paris is the second CSOV Vard has delivered to Windward Offshore, one week before contractual delivery date.The first vessel Windward Athens, delivered on time in September 2025, is currently operating under an O&M contract…

02 Jan 2026

Petrobras FPSO Initiates Búzios 6 Production

The FPSO P-78 is the seventh platform in operation in the Búzios field, in the pre-salt layer of the Santos Basin. Image Credit Divulgaçao Petrobras

The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage and offloading (FPSO) vessel in the Búzios field, in the pre-salt layer of the Santos Basin, this Wednesday, December 31, 2025. Búzios 6 (P-78) has the capacity to produce 180,000 barrels of oil and 7.2 million m³ of gas per day. The FPSO will increase the field's installed production capacity to approximately 1.15 million barrels of oil per day.

30 Dec 2025

ASRY Completes Multiple Rig Upgrades for ADES

(Credit: ASRY)

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain.The ADM-501 and ADM-504 units were prepared earlier in the year for drilling operations in Nigeria, while upgrade works on ADM-503 and ADM-511 were recently finalized ahead of upcoming drilling campaigns…

30 Dec 2025

DOF Inks $150M ROV Support Vessel Contract with Petrobras

(Credit: DOF Group)

Norwegian offshore vessel owner DOF Group has secured a new four-year contract with Petrobras for the remotely operated support vessel (RSV) Skandi Commander.The contract was awarded following the same competitive tender process that led to six previous four-year RSV contracts announced earlier.The Skandi Commander will be equipped with both a Remote Operated Vehicle (ROV) and an Autonomous Underwater Vehicle (AUV), the latter being a unique feature of this agreement.The contract…

23 Dec 2025

DOF Bags Two Deals in Asia-Pacific Region

(Credit: DOF Group)

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision of subsea inspection, maintenance and repair services with associated assets in the APAC region.A call off under the contract has also been confirmed and will utilize DSV Skandi Singapore and all related diver-less subsea services on a brownfield tieback campaign…

22 Dec 2025

DOF Expands Backlog with Atlantic Awards, Shell IMR Deal

(Credit: DOF)

Norwegian offshore vessel owner and subsea services provider DOF Group has secured several new project awards in the Atlantic region and a separate contract in North America with Shell.The Atlantic region awards, amounting to over $60 million, will be executed primarily using DOF’s regional fleet during the fourth quarter of 2025 and the first quarter of 2026. The contracts represent more than 250 firm vessel days, excluding optional work.In West Africa, DOF will deploy Skandi Hera and Skandi Master under direct contracts with an operator.

18 Dec 2025

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

(Credit: DOF Group)

Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels, all with ROVs on board, including Skandi Fluminense, Skandi Paraty, Skandi Angra, Skandi Urca and Skandi Iguaçu, have had their current contracts with Petrobras extended until the first quarter of 2027.The new four-year contracts…

15 Dec 2025

Odyssey Marine Exploration Request for Offshore Mineral Lease Sale Advances

© Odyssey Marine Exploration

Odyssey Marine Exploration, Inc., a U.S.-based ocean exploration and marine resource development leader, received news that the Bureau of Ocean Energy Management’s (BOEM), a department of the U.S. Department of Interior (DOI), has initiated the formal review process for its unsolicited request for a potential marine mineral lease sale in federal waters offshore Virginia.BOEM’s action highlights the increasing federal focus on responsibly assessing domestic offshore mineral resources.

15 Dec 2025

Jan De Nul Wraps Up Cable Installation Job for TenneT’s DolWin Platform

(Credit: Jan De Nul)

Belgian offshore contractor Jan De Nul has concluded the 2025 transport and installation campaign of three HVAC grid connection cables at TenneT’s DolWin kappa platform.When finalized, these cables will ensure the transport of almost 660 MW renewable electricity from two offshore wind farms, which is enough energy needed to power more than 800,000 German homes.Jan De Nul and partner Hellenic Cables are responsible for design, production, transport, installation and protection of three 155 kV HVAC cables with a total length of 37 km.

15 Dec 2025

ABS Approves MISC and China Offshore’s Ammonia FPSO Design

Illustrative image of the ammonia FPSO (Credit: MISC)

MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative floater solution adapts proven onshore production technology for offshore operations, transforming unutilized hydrocarbon gas from nearby offshore facilities into high-value blue ammonia, which is stored onboard at cryogenic conditions.This…

11 Nov 2025

Efficiency First: Inside Olympic Subsea’s Bet on Greener Offshore Vessels

Stig Remøy, owner and CEO of Olympic Subsea, in the company's hometown of Fosnavåg. Remøy is championing a dual-track strategy, investing in high-efficiency vessels that serve both the renewables and traditional energy sectors while significantly cutting emissions.
Copyright Josefine Spiro

A new generation of hybrid vessels is demonstrating significant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led efficiency is the fastest path to decarbonization—and a powerful business case.When Stig Remøy began pivoting Olympic Subsea toward subsea and renewables a decade ago, the move was met with some internal skepticism. “Naturally, there were internal discussions — some believed oil and gas was the future,” he recalled.

12 Dec 2025

Jumbo Scoops Two Offshore Wind Contracts

(Credit: Jumbo Offshore)

Jumbo Offshore has signed two contracts for the Transport and Installation (T&I) of Transition Pieces (TPs) for an upcoming offshore wind farm development.Jumbo Offshore will install the TPs using one of its two DP2 heavy-lift vessels during the project campaigns.In addition to T&I, the awarded scope includes full management and operation of the marshalling yard.This includes responsibility for receiving the TPs from the transport vessel at the quayside, transferring them to the storage area…

09 Dec 2025

ESG Completes Service Operation Vessel Conversion for HOS

© Eastern Shipbuilding Group

Eastern Shipbuilding Group (ESG) completed and redelivered HOS Rocinante, a first-of-its-kind U.S.-flagged Service Operation Vessel (SOV) converted for Hornbeck Offshore Services.The vessel marks a milestone in the evolution of the U.S. offshore service fleet to be future-ready for both the offshore wind and petro-energy sector demands for broadly capable marine support vessels.Originally built by ESG as an offshore supply vessel, HOS Rocinante unerwent extensive conversion at ESG’s Allanton and Port St Joe Shipyards in Panama City…

02 Dec 2025

ABS Approves FPSO Remote Control Functions from Hanwha Ocean

Source: ABS

ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore Technology Collaboration Agreement (OTCA) between ABS and Hanwha Ocean, which enables the companies to collaborate on a series of cutting-edge projects leveraging each company’s core competencies under three broad themes: sustainability…

04 Dec 2025

Van Oord Completes Monopile Installation at Windanker

Source: Van Oord

Van Oord has completed the transport and installation of all 21 monopiles at Iberdrola’s Windanker offshore wind farm.This achievement involved the largest monopiles Van Oord has ever installed, made possible by earlier upgrades to its heavy lift installation vessel Svanen, which is now equipped to manage next-generation offshore wind monopile foundations.Van Oord’s scope of work included loading the monopiles at the fabrication site in Spain and transporting them to the Port of Rønne, Denmark.

21 Nov 2025

ABS Grants AiP to Encomara for Squid System for Floating Offshore Wind Projects

© ABS

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 system builds upon the established Disconnectable Turret Buoy (DTB) concept long used in floating production projects. By utilizing existing, well-understood offshore technology and installation methods, the system aims to enhance safety and reduce complexity during floating wind turbine installation and off-station operations.“The potential efficiency gains…

13 Nov 2025

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Three FPSOs, P-80, P-82 and P-83, in Seatrium's Tuas Boulevard Yard (Credit: Seatrium)

Singapore-based engineering group Seatrium has reported strong execution in the third quarter ended September 30, 2025, bolstered by major offshore and wind project deliveries, a high-value order book and strategic asset sales.The group’s net order book stood at about $12.8 billion (S$16.6 billion), covering 24 projects slated for delivery through 2031. During the third quarter of 2025 the company completed the wind turbine installation vessel Charybdis and the offshore substations Greater Changhua 2b and 4…

26 Nov 2025

Lebanon and Cyprus Clear Path for Gas Exploration with Maritime Border Deal

© SimonPeter/ Adobe Stock

Lebanon and Cyprus signed a long-awaited maritime demarcation deal on Wednesday, paving the way for potential exploration of offshore gas fields and energy cooperation in the Mediterranean.Lebanese President Joseph Aoun and Cypriot President Nikos Christodoulides signed the agreement at Lebanon's presidential palace and told reporters it would signal deeper cooperation between Lebanon, European Union-member Cyprus and the broader EU."This is a historical agreement, concluding an issue pending for many years and now look forward to what our countries can jointly create…

25 Nov 2025

Drydocks World Converts Tanker to FPSO Ahead of Deployment off Nigeria

(Credit: Nigerian Upstream Petroleum Regulatory Commission - NUPRC)

Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker, underwent structural modifications, marine system upgrades and the installation of 19 topside production and utility modules at Drydocks World’s Dubai facility.The unit was commissioned by World Carrier Corporation on behalf of Oriental Energy Resources for deployment its Okwok field in Petroleum Mining Lease 15.Once operational…