News

BW Offshore has signed an agreement to acquire the FPSO Nganhurra, securing a high-quality production unit in a market where comparable opportunities are becoming increasingly scarce. The ...
The global FPSO market size was valued at USD 15.38 billion in 2024 and is estimated to grow from USD 16.69 billion in 2025 to reach USD 32.12 billion by 2033, growing at a CAGR of 8.53% during ...
The Agogo FPSO is expected to operate in the second half of 2025 in the Agogo Integrated West Hub Development Project in Block 15/06 offshore Angola for Azule Energy under a 15-year firm charter ...
The global FPSO market is poised for substantial growth by 2030, fueled by increased offshore production demand and depleted onshore reserves. Key insights include regional and operator-specific ...
The FPSO we gather to name today represents a milestone of immense significance at a time when Nigeria’s oil and gas industry is rapidly evolving.
The FPSO sector is experiencing significant growth and investment, particularly in South America, while navigating geopolitical challenges and environmental concerns.
Seatrium secured a contract from a subsidiary of SBM Offshore for the topside fabrication and integration of an FPSO vessel.
Development of Woodside Energy-operated Sangomar field progressed late December 2023 with the departure of the Léopold Sédar Senghor FPSO.
A major milestone has been ticked off for the Sangomar project as the Leopold Sedar Senghor FPSO facility departed Singapore for Senegal.
SBM Offshore is pleased to announce that FPSO Prosperity has produced first oil as of November 14, 2023 and is formally on hire. ExxonMobil Guyana Limited, an affiliate of ExxonMobil Corporation ...