Production
News
May 07, 2026
BW Offshore has extended the FPSO BW Catcher contract through the end of 2030, adding approximately $490 million in operating cash flow backlog and improving redeployment flexibility.
News
May 06, 2026
Equinor has started production from the Eirin field in the North Sea, adding new gas volumes to Europe through a subsea tieback to the Gina Krog and Sleipner infrastructure.
News
April 29, 2026
Petrobras has acquired a stake in the Argonauta area of the Campos basin, increasing its ownership in the Jubarte pre-salt field and strengthening its offshore portfolio.
Article
April
SBM Offshore’s Group Business Development director is very enthusiastic about the market ahead for FPSO construction and operation, given the plethora of deepwater projects expected, not only in established markets like Brazil, Guyana and West Africa, but in places like Suriname, Namibia and others.
News
April 17, 2026
Talos Energy founder Tim Duncan is backing a new oil company that has entered the U.S. Gulf with its first acquisition. The deal brings in former Goldman Sachs analyst Jeff Currie as the venture targets offshore production growth.
News
April 15, 2026
Vår Energi has submitted a PDO for the Goliat gas export project in the Barents Sea, aiming to boost oil recovery, export gas to Hammerfest LNG and extend field life to 2050.
News
April 14, 2026
Petrobras has approved FID for its SEAP I project offshore Brazil, advancing a major FPSO-led development that could unlock over 1 billion boe and expand gas supply from a new frontier basin.
News
April 09, 2026
Egypt has agreed to purchase the full output of Cyprus’ Aphrodite gas field under a long-term deal, securing future supply as domestic production declines and demand continues to rise.
News
April 08, 2026
ONE-Dyas has brought a second production well online at its N05-A platform in the North Sea, increasing gas output to 1 Bcm/year and strengthening domestic energy supply for the Netherlands and Germany.
News
April 07, 2026
Aker BP has started production from the Symra field offshore Norway nine months ahead of schedule, adding a subsea tieback to the Ivar Aasen platform and supporting continued North Sea production growth.
News
March 30, 2026
TotalEnergies has completed the merger of its UK North Sea upstream assets with NEO NEXT, forming NEO NEXT+—now the largest independent producer on the UK Continental Shelf, with expected 2026 output exceeding 250,000 boed and a strengthened platform for operational synergies and cash flow growth.
News
March 24, 2026
Strohm has secured a contract to supply insulated thermoplastic composite pipe (TCP) production jumpers for a deepwater field extension offshore Malaysia, highlighting growing adoption of corrosion-resistant subsea infrastructure in Southeast Asia.
News
March 17, 2026
bp has started gas production from the Quiluma field offshore Angola as part of the New Gas Consortium project, the country’s first non-associated gas development supplying feedstock to the Angola LNG facility for export.
News
March 12, 2026
Rex International reported average February production of 10,300 boed from assets in Norway, Oman and Germany, with the Brage field offshore Norway contributing the majority of output.
News
March 11, 2026
TotalEnergies has started production from the Lapa South-West project in Brazil’s Santos basin, adding 25,000 bpd through new wells tied back to the existing Lapa FPSO as the company expands its offshore portfolio.
Webcast
Driving the Future of FPSO Performance: Digitization, Integration, and Advanced Applications
April 01, 2026
Honeywell
As FPSO projects become increasingly complex, operators and design companies are under pressure to deliver safer, smarter, and more cost efficient assets—often within compressed timelines and evolving regulatory expectations. This webinar explores how Honeywell is helping customers meet these challenges head on through advanced digital technologies, proven offshore expertise, and tightly integrated project execution methodologies.
We will highlight Honeywell’s recent contributions to major FPSO programs and demonstrate how our digitized engineering practices, integrated control and safety solutions, and next generation applications have helped customers streamline project schedules, reduce lifecycle costs, and enhance operational readiness from day one.
News
March 06, 2026
Petrobras reported net income of $19.6 billion in 2025 as oil and gas production increased 11% to nearly 3 MMboed, supported by new FPSOs in Brazil’s Búzios and Mero fields.
News
March 04, 2026
North Sea operators are urging the UK government to replace the Energy Profits Levy with a new fiscal framework, saying tax reform could unlock up to £50 billion in investment and strengthen domestic oil and gas production.
News
February 24, 2026
ExxonMobil says rapid production growth in Guyana is strengthening its hand in negotiations for the next generation of global oil projects as competition for reserves intensifies.
Article
February
With FPSO deployment rising in nations like Brazil, there is even greater emphasis on the must-run nature of key equipment on board. For the gas turbines that help provide electrical power, as well as mechanical drive for key equipment far from shore, the critical denominator of performance and reliability is effective combustion air intake filtration.
