Floating Storage Unit News

 

TMC to Deliver Equipment for Mexico-Bound FSO

Jan 22, 2026

TMC Compressors has secured a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit Chalchi.The FSO Chalchi is bound for deployment at the Trion deepwater oil field…

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Jan 22, 2026

Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…

Harbour Energy Forecasts Lower 2026 Output, Omit LLOG Deal Impact

Jan 22, 2026

Britain's Harbour Energy on Thursday forecast 2026 production of 435,000 to 455,000 barrels of oil equivalent per day (boepd), excluding the impact of planned asset sales and the company's $3.2 billion acquisition of LLOG.The figures are lower than the 474…

AD Ports Strengthens Offshore Wind Push with Spanish Shipyard Acquisition

Jan 21, 2026

Abu Dhabi Ports Group, via its subsidiary SAFEEN Drydocks, has acquired full ownership of Balenciaga Astilleros Shipyard in Spain for a total consideration of $13.1 million, consolidating the group’s operations in Spain and the Mediterranean and supporting its expansion in the offshore wind sector…

Inpex to Refile Environmental Plan for Australia’s Offshore CCS Project

Jan 20, 2026

Japan’s Inpex will resubmit an environmental plan for its proposed 8 million metric ton-per-year Bonaparte carbon capture and storage (CCS) project off the north coast of Australia, a company spokesperson told Reuters on Tuesday.On Sunday, the…

Samos Energy Buys Suksan Salamander FSO from Altera Infrastructure

Jan 19, 2026

Energy assets investment firm Samos Energy has signed an agreement to acquire the Suksan Salamander floating storage and offloading (FSO) unit from Altera Infrastructure, expanding its offshore asset portfolio in Southeast Asia.The Suksan Salamander…

MODEC Hires DOF for Mooring Job at ExxonMobil’s Oil Project off Guyana

Jan 19, 2026

DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana.Under the contract…

Veolia and SBM Offshore to Develop Floating Desalination Platform

Jan 18, 2026

Veolia and SBM Offshore have signed a Memorandum of Understanding to develop and deploy innovative freshwater floating production units (FPUs), combining advanced reverse osmosis desalination technology with proven offshore engineering expertise to offer a sustainable…

Eni Launches Hull for Coral North FLNG Offshore Mozambique

Jan 16, 2026

Eni and its partners have launched the hull of the Coral North floating liquefied natural gas (FLNG) vessel, marking a key milestone in the development of Mozambique’s offshore gas resources.Coral North will be the second floating LNG facility…

Vår Energi’s Well Tests Boost Potential of Barents Sea Discovery

Jan 16, 2026

Vår Energi has completed the appraisal well with two production tests on the Zagato structure in the Goliat Ridge discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes.The well was drilled approximately seven…

TotalEnergies, Mitsui, Nordsøfonden Get CO2 Storage Permit in North Sea

Jan 15, 2026

The Danish Energy Agency has issued a permit for exploration and potential storage of CO2 in the North Sea off Denmark to consortium comprising TotalEnergies, Mitsui and state-owned Nordsøfonden.The agency awarded the six-year exploration permit…

MODEC Picks Everllence Compression Systems for Brazil FPSO

Jan 15, 2026

MODEC has commissioned Everllence to supply five compressor trains for its new Floating Production Storage and Offloading (FPSO) for the Gato do Mato - Orca Project offshore Brazil.The FPSO will be moored in the pre-salt area of the Santos Basin…

Global Underwater Hub Addresses Results of Offshore Wind Contracts for Difference Allocation Round 7

Jan 14, 2026

Responding to the UK Government’s announcement on the results of the Contracts for Difference Allocation Round 7, Neil Gordon, chief executive of Global Underwater Hub (GUH), said:“The award of a record 8.4GW of offshore wind capacity through AR7 is a positive step for the UK…

RWE Wins Almost 7GW in UK’s Record 8.4GW Offshore Wind Auction

Jan 14, 2026

The U.K. has awarded a record 8.4 GW of offshore wind capacity in its latest Contracts for Difference allocation round (AR7), with RWE emerging as the largest winner after securing contracts for 6.9 GW and agreeing a long-term partnership with investment firm KKR…

ABS and AMOG to Advance Offshore Mooring Digital Twin Technology

Jan 13, 2026

ABS and AMOG Consulting have signed a memorandum of understanding (MOU) to collaborate on an offshore mooring digital twin.The agreement combines AMOG’s monitoring technology with ABS’ classification and certification capabilities to deliver…

Current News

Venterra Company, CAPE Holland, Awarded Contract for Fengmiao Offshore Wind Farm

Venterra Company, CAPE Holland

Bae Systems Launches Incubator Program to Propel Technologies Beyond Defense

Bae Systems Launches Incubator

DOF Group ASA Contract Award for Well Intervention Services in North America

DOF Group ASA Contract Award f

Jacket Loadout Milestone Completed for BorWin6 Offshore HVDC Platform

Jacket Loadout Milestone Compl

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