Company proposes cash dividend of $0.21 per share totalling $45m AMSTERDAM-listed SBM Offshore has said it intends to cut 400 more jobs in 2016 to generate...
FPSO – Featured News
Seoul, South Korea – February 4 – Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced that it has signed a memorandum of understanding...
Sweden’s Lundin Petroleum AB announced Monday that its wholly owned subsidiary Lundin Malaysia BV (Lundin Malaysia) has signed farm-out agreements (FOA)...
Trelleborg disclosed Wednesday that the firm’s offshore operation has secured a significant contract with a major shipyard to supply its unique fire...
FPSO contractor BW Offshore said that Ithaca Energy has decided to terminate the charter contract of the FPSO BW Athena, and the unit will be demobilised in...
MAN Diesel & Turbo has signed a contract with Sembcorp Marine in Singapore to supply the dual-fuel propulsion system – including exhaust-gas after...
The engineering challenges posed by colossal FLNG projects are in danger of dwarfing the practicalities of realizing the build. That needn’t be the case...
Oil major Shell’s Turritella FPSO (floating production storage and offloading unit) has set sail from Singapore bound for the Gulf of Mexico. It will head to...
Bluewater Energy Services has completed an overhaul on its 1998-built floating production storage and offloading (FPSO) vessel Haewene Brim while it remained...
The Lagos Deep Offshore Logistics Base LADOL has said it is committed to boosting the Federal Government’s policy of creating employment opportunities for...
STX Offshore & Shipbuilding added four LR1 mid-size oil tankers to its order backlog. These days, the company is enjoying a very high share in the market...
Mitsui Engineering & Shipbuilding Co., Ltd. ( MES ) has developed a next generation hull platform for Floating Production, Storage and Offloading system...
