Japanese FPSO contractor Modec has won a contract with Woodside for the operations and maintenance of the Sangomar FPSO in Senegal. The deal follows a contract signed in January for Modec to deliver ...

At-a-Glance: Offshore FPSO Operations Process Engineer day rates typically span from $480–$1,470 per day, depending on experience, equating to roughly $87,500–$267,500 annualized on a 28/28 rotation ...

Karoon intends to acquire the Baúna project Cidade de Itajaí FPSO. Karoon Energy, with its Brazilian subsidiary, Karoon Petróleo & Gás Ltda. (KPG), signed a deal with Altera & Ocyan (A&O) to acquire ...

Aker Kvaerner and the Norwegian ship owner Aktieselskabet Borgestad ASA established a new company named Aker Borgestad Operations AS. The new company will operate oil and gas production vessels on ...

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "North America Floating Production Systems Market Outlook to 2020 - Market Analysis by Geography, Type (FPSO, TLP, Spar, ...

Market was valued at USD 1.41 billion in 2025 and is projected to increase at a CAGR of 7.28% to reach USD 2.44 billion by 2035. Growing offshore oil and gas exploration, especially in deepwater and ...

SBM Offshore announces that it has signed an operations and maintenance contract with TotalEnergies EP Suriname B.V., an affiliate of TotalEnergies, for the FPSO GranMorgu, as part of the field ...

Petrobras added another 100,000 barrels of oil a day to its output capacity Monday after the FPSO Marlim Sul system started operations on the Campos basin's Marlim Sul field. Brazil's federal energy ...

ExxonMobil Guyana Ltd. has let a Phase 2 contract to MODEC Inc. for a floating production storage, and offloading (FPSO) vessel for the Hammerhead project. The contract is for a full engineering, ...

Two joint industry projects that aim to improve the understanding of floating production, storage and offloading operations are due to start within the next few months. Both are led by Marin, the ...