FPSO Vessels and Equipment News

MODEC wins ExxonMobil Guyana's Hammerhead FPSO contract
Guyana >> 4/21/2025 - MODEC, Inc. ( MODEC ) is pleased to announce that it has been awarded a contract by ExxonMobil Guyana Limited ( ExxonMobil ) Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhe...
SBM Offshore Signs $400M Sale and Leaseback Agreement for FPSO Cidade de Paraty
Bahamas >> 4/9/2025 - SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The transaction...
Subsea7 awarded contract in the US
United States >> 4/4/2025 - Subsea7 announced the award of a sizeable1 contract by Shell Offshore Inc. for the Sparta deepwater development in the US.

The project involves the transportation and installation of a floa...
BW Offshore: Closing of the Sale of the FPSO BW Pioneer
Norway >> 3/26/2025 - Reference is made to the announcement dated 12 March 2025, in which BW Offshore Limited (“BW Offshore”) announced its agreement to sell the FPSO BW Pioneer for USD 125 million to a subsidiary of Murph...
Drydocks World Secures FPSO BAOBAB IVOIRIEN Refurbishment and Life Extension Project
Ivory Coast (Cote D'Ivoire) >> 3/24/2025 - Once refurbished, the vessel will operate for 15 more years, continuing to support energy production in West Africa.

Drydocks World has been awarded the contract for the refurbishment and...
Vår Energi – Jotun FPSO - consent for use
Norway >> 3/21/2025 - The Norwegian Ocean Industry Authority (Havtil) has given Vår Energi consent to the use of living quarters, helicopter decks and cranes on the Jotun FPSO.

Operator: Equinor

Field:...
Amplus Energy Services Partners with V.Ships Offshore to Support Petrojarl I Transition
United Kingdom >> 3/20/2025 - Amplus Energy Services Ltd has announced a strategic partnership with V.Ships Offshore to oversee the transition of the Petrojarl I, a newly acquired Floating Production Storage and Offloading (FPSO) ...
Serica Energy Provides Update on Triton FPSO
United Kingdom >> 3/19/2025 - Serica Energy plc (AIM: SQZ) announces that, following conversations with the operator, Dana Petroleum ('Dana'), regarding the timeline required to deliver the scope of work, production from the Trito...
BW Offshore: Short-Term Extension for BW Pioneer
Norway >> 3/18/2025 - BW Offshore has signed a short-term extension agreement, maintaining current terms, for the FPSO BW Pioneer with a subsidiary of Murphy Oil Corporation until 25 March 2025. This extension facilitates ...
DOF Group Announces Contract Award for FPSO Installation Project
Norway >> 3/14/2025 - DOF Group ASA ("DOF") is pleased to confirm the award for an FPSO installation project from an undisclosed client in the Atlantic region.

DOF shall deliver project management, engineeri...
Jotun FPSO Starts Sail Away to the Balder Field
Norway >> 3/13/2025 - Var Energi (OSE: VAR; the "Company") initiates tow out of the Jotun floating production, storage and offloading vessel (FPSO) from the Worley Rosenberg yard to the Balder field - on schedule for produ...
Kistos Provides Balder Future Update - Jotun FPSO Sail Away
Norway >> 3/13/2025 - Kistos, an independent energy company focused on generating value across the upstream and midstream markets, notes the announcement made today by Vår Energi, the Operator of the Balder Area, regarding...
BW Offshore: Sale of FPSO BW Pioneer with five-year O&M contract with the buyer
Norway >> 3/12/2025 - BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil Corporation (NYSE:MUR), the operator of the Cascade & Chinook field. The trans...
Liza Unity Becomes World’s First FPSO to Receive ABS SUSTAIN-2 Notation
Guyana >> 3/12/2025 - The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS.

The notation is the next level in the vessel sustainability program develope...
Jersey Oil and Gas Provides FPSO Update
United Kingdom >> 3/7/2025 - Jersey Oil & Gas, an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, notes that Dana Petroleum ("Dana") has terminated the agreement with NEO Ene...
EnerMech Awarded Pre-Commissioning Contract for One Guyana FPSO by SBM Offshore
Guyana >> 3/3/2025 - EnerMech has been selected to carry out pre-commissioning work on the ONE GUYANA FPSO for Guyana Deepwater Operations, SBM Offshore’s subsidiary in Guyana. The FPSO is set to arrive in Guyanese waters...
First Steel Cutting Ceremony Held for Lac Da Vang FSO
Vietnam >> 2/22/2025 - OceanSTAR Elite Group (“OceanSTAR” or “OSE”) has officially begun the construction of its LDV Floating Storage and Offloading (FSO) unit with a steel cutting ceremony held on February 22, 2025, at Nan...
Yinson Production celebrates the naming and sail away of the Agogo FPSO
Angola >> 2/20/2025 - • The Agogo FPSO, awarded to Yinson Production by Azule Energy in February 2023, is now set to sail to Angola for deployment in the Agogo Integrated West Hub Development Project
• The vessel fea...
Azule Energy and Block 15/06 Partners Celebrate Naming Ceremony for the Agogo FPSO
Angola >> 2/20/2025 - The National Agency for Petroleum, Gas and Biofuels (ANPG), Azule Energy, and the partners of Block 15/06 – Sonangol Exploration and Production, Sinopec, and NAMCOR – celebrated today, in Shanghai,...
FPSO Almirante Tamandaré Producing and on Hire
Brazil >> 2/19/2025 - SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final A...

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