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A service for energy industry professionals · Monday, June 30, 2025 · 827,116,693 Articles · 3+ Million Readers
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  • Published on 17:01 GMT

    Seventh FPSO prepares to join Petrobras’ Santos Basin field

    A sailaway ceremony has been held to mark the departure of a floating production storage and offloading (FPSO) unit from Seatrium’s yard in Singapore to a field offshore Brazil operated by the country’s state-owned energy major Petrobras. FPSO P-78 …

    Source: Offshore Energy - Neutral
  • Published on 12:12 GMT

    Restart of North Sea FPSO underway

    With repairs out of the way, the UK-based upstream oil and gas player Serica Energy has revealed the progress made in resuming production from its assets in the North Sea, as wheels are in motion to bring a floating production, storage, and offloading ( …

    Source: Offshore Energy - Neutral
  • Published on 09:07 GMT

    Triton FPSO Set to Come Back Online with Full Ramp Up to Follow

    Jun 30, 2025 Triton FPSO (Credit: Dana Petroleum) Serica Energy has informed that Triton floating production, storage and offloading (FPSO) unit in the North Sea will restart production shorty, following the completion of repairs and maintenance operations …

    Source: Offshore Engineer News - Neutral
  • Published on 14:26 GMT

    Serica confirms restart at Triton FPSO

    The AIM-traded firm said the restart process was now underway, with production expected to ramp up progressively as each tied-back field came back online. A stable production level was anticipated during July. Prior to the shutdown, the Triton FPSO was …

    Source: ShareCast - Neutral
  • Published on 21:40 GMT

    New Barents Sea oil discovery near Johan Castberg field

    Written by Nick Blenkey Johan Castberg FPSO [Photo:Vår Energ] Stavanger, Norway-headquartered Vår Energi and its partners Equinor and Petoro report a commercial oil discovery in the Equinor-operated Drivis Tubåen prospect in the Barents Sea. This adds too …

    Source: Marine Log - Neutral
  • Published on 08:54 GMT

    Japanese duo starts building Shell’s Brazil-bound FPSO

    The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell has been held at the Sumitomo Heavy Industries’ …

    Source: Offshore Energy - Neutral
  • Published on 20:52 GMT

    MODEC Announces the Official Opening of the Global Capability Center in India

    MODEC announces the official opening of Global Capability Center (“GCC”), TOYO MODEC OFS India Private Limited (“OFS India”) in Bengaluru, India, on June 13, 2025. OFS India is a joint venture company of Offshore Frontier Solutions Pte. Ltd. (“OFS”), a …

    Source: Offshore Source - Florida - Pending
  • Published on 17:18 GMT

    Shell acquires 12.5% stake in Bonga field from TotalEnergies

    Shell Nigeria Exploration and Production Company (SNEPCo) has signed an agreement to purchase a 12.5 per cent interest in the OML 118 Production Sharing Contract (PSC) from TotalEnergies EP Nigeria Limited. The deal, once completed, will increase Shell’s …

    Source: The Guardian (Nigeria) - Neutral
  • Published on 13:02 GMT

    TotalEnergies to Acquire Stake in Suriname's Block 53

    TotalEnergies SE said it has signed an agreement to acquire the 25 percent interest held by Spanish integrated energy firm Moeve, formerly known as CESPA, in Block 53 offshore Suriname. The interest is held by CEPSA Suriname S.L., an affiliate of Moeve. …

    Source: Rigzone - Neutral
  • Published on 14:07 GMT

    Futures Push Higher Into Record Territory Amid Trade Talk Progress

    S&P 500 futures pushed deeper into record territory as progress in trade negotiations aids sentiment following Friday’s record high close for cash index, the first since February. As of 8:00am ET,  S&P futures are up 0.4% on positive trade …

    Source: Zero Hedge - Right-wing
  • Published on 19:25 GMT

    Exail to Equip Petrobras FPSOs off Brazil

    Jun 30, 2025 (Credit: Exail) Inertial navigation technologies specialist Exail has secured a contract with Brazilian offshore services company Mitang to deliver 30 Quadrans Attitude and Heading Reference Systems (AHRS) for floating production, storage and …

    Source: Offshore Engineer News - Neutral
  • Published on 20:52 GMT

    Exail to Equip Petrobras FPSOs with Quadrans AHRS

    Exail, a global leader in inertial navigation technologies, has secured a contract with Brazilian offshore services company Mitang to deliver 30 Quadrans Attitude and Heading Reference Systems (AHRS). These units will be installed on Floating Production, …

    Source: Offshore Source - Florida - Pending
  • Published on 06:55 GMT

    Business : Yinson's Net Profit Slips To RM115 Mln In Q1 Ended April 30, 2025

    KUALA LUMPUR, June 30 (Bernama) -- Yinson Holdings Bhd’s net profit for the first quarter ended April 30, 2025, fell to RM115.0 million from RM203.0 million recorded in the same period a year ago.  Revenue for the quarter under review also fell to RM1.23 …

    Source: Bernama - Pro-Government
  • Published on Jun 27, 2025

    ABB wins electrical and automation contract for next generation of Petrobras FPSO vessels

    ABB has been awarded a large order by Seatrium, a global provider of marine engineering solutions based in Singapore, for the supply of electrical equipment and automation solutions on a new generation of floating production storage and offloading (FPSO) …

    Source: Ships Monthly - Pending
  • Published on Jun 27, 2025

    TotalEnergies expands its oil & gas footprint offshore Suriname

    France’s energy giant TotalEnergies has taken a step to enlarge its oil and gas portfolio of assets off the coast of Suriname with the acquisition of a minority stake in another block, which is close to the one where the French player is developing its oil …

    Source: Offshore Energy - Neutral
  • Published on Jun 27, 2025

    Shale Shakers Market to Hit $2.8 Billion by 2031 Driven by Oil & Gas Demand

    Shale shakers market to hit $2.8 billion by 2031, fueled by oilfield expansion, drilling efficiency needs, and rising industrial applications. WILMINGTON, DE, UNITED STATES, June 27, 2025 /⁨EINPresswire.com⁩/ -- 🛠️ Shale Shakers Market …

    Distribution channels: Business & Economy, Energy Industry ...
  • Published on Jun 29, 2025

    Carbon Clean and MODEC collaborate to accelerate the scale-up of CycloneCC for offshore carbon capture

    Carbon Clean, a global leader in revolutionising carbon capture solutions, and MODEC, a leading provider of offshore floating platforms, have signed a landmark agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology for …

    Source: Ethical Marketing News - Neutral
  • Published on Jun 27, 2025

    Hanwha Ocean’s FPSO Cybersecurity Concept Gets ABS’ Nod

    A new cybersecurity solution from Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units received approval in principle (AiP) from American Bureau of Shipping (ABS). Hanwha Ocean, in …

    Source: Offshore Engineer News - Neutral
  • Published on Jun 27, 2025

    Marine Bunker Oil Market Set to Surpass $280 Billion by 2033 Amid Growing Demand for Low Sulfur Fuels

    Marine bunker oil market to hit $280.7 billion by 2033, driven by maritime trade growth and rising demand for low sulfur fuel oils. WILMINGTON, DE, UNITED STATES, June 27, 2025 /⁨EINPresswire.com⁩/ -- The global marine bunker oil market was valued at …

    Distribution channels: Energy Industry, Shipping, Storage & Logistics ...

01 days 11:22:28

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