The global market for floating production facilities will enjoy a surprising boom over the next five years, a leading offshore market researcher has forecast. Owners of oil and gas assets are expected ...

Image source: The Motley Fool. Offshore pipeline transportation segment margin-- Delivered a sequential 16% improvement in the third quarter, with further growth expected as Shenandoah and Salamanca ...

CIMC Raffles to convert Saipem’s semi-submersible rig Scarabeo 5 into an FPU for Eni venture Chinese yard CIMC Raffles has won a contract from Italian major Saipem to convert its semi-submersible ...

Dutch offshore services provider Boskalis has engaged its heavy transport vessel Blue Marlin to move a recently converted floating production unit (FPU) to Angola, ahead of its deployment at Congo’s ...

Seatrium Limited said it is set to deliver the first of a series of turnkey floating production storage and offloading vessels to Brazil's Petroleo Brasileiro S.A. Image by Igors Aleksejevs via iStock ...

Malaysia-based maritime energy services provider MISC has secured a floating production unit (FPU) contract from Petronas Carigali Brunei (PCBL). Under a letter of award, MISC will provide lease, ...

Woodside Energy has connected its floating production unit (FPU) offshore Western Australia to onshore operations via fibre ...