Australia’s Santos Ltd. said the BW Opal floating production, storage, and offloading (FPSO) vessel arrived at the Barossa gas field. This is a critical milestone on the path to first gas in the third quarter of 2025, Santos said in a media release, adding that the FPSO has been hooked up with final commissioning already in progress.
Yinson Production has closed a USD 1-billion investment from an international consortium to support its future growth in offshore energy, the company said on Tuesday.
The contract, awarded by ExxonMobil’s Guyana arm, is a limited notice to proceed pending necessary government and regulatory approval. Phase one encompasses front-end engineering and design, while phase two covers engineering, procurement, construction, and installation.
Angola has welcomed the Agogo FPSO, a game-changing facility for the country’s oil output and the world’s first such vessel fitted with a post-combustion CCS unit.
The news was announced by the National Oil, Gas and Biofuels Agency (ANPG) on Friday.
US ship classification society ABS has issued an approval in principle for SBM Offshore’s concept design of a low-emissions FPSO, SBM Offshore announced on Thursday.
MODEC Inc. has secured a contract from ExxonMobil Guyana Ltd. to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project. MODEC said in a media release the contract is a Limited Notice to Proceed (LNTP) hinging on government and regulatory approvals.
Liebherr has successfully sold two offshore cranes of the type RL 2600 (Ram Luffing 2600) and RL-K 2600 (Ram Luffing knuckle boom 2600) to Singapore-based Yinson Production. The cranes will support the Agogo FPSO (Floating Production Storage and Offloading Unit), which will be operating in the Agogo field of offshore Angola. Used for maintenance and component replacement on the Agogo FPSO, the cranes are the ideal choice for harsh offshore environments.
Japanese company Modec has confirmed the award of a contract to supply and operate a large newbuild floating production, storage and offloading vessel for Shell’s latest oil project in Brazil.
Murphy Oil Corporation has signed an agreement to acquire the BW Pioneer floating production storage and offloading vessel (FPSO). The company said in a media release that it has agreed to pay $125 million to BW Offshore for the unit, with an initial payment of $100 million due upon delivery by the end of the first quarter of 2025.
Under the memorandum of understanding, which was signed at Offshore Korea 2024, Samsung will design the FPSO while LR will undertake the review of the contractor’s deliverables and provide technical advice for further design development.