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FPSO Oil Newsletter
  • MODEC Picks Everllence Compression Systems for Brazil FPSO 15 Jan 2026 12:44 GMT

    … Floating Production Storage and Offloading (FPSO) for the Gato do Mato - Orca Project offshore Brazil. The FPSO … vessel will have a production capacity of 120,000 barrels of oil … duties - flash-gas compression and high-pressure gas injection. The flash …

  • TEN oil field partners agree to buy FPSO 15 Jan 2026 09:25 GMT

    … Tweneboa, Enyenra and Ntomme (TEN) oil fields have agreed on final … purchase terms to acquire the Floating Production, Storage and Offloading (FPSO) vessel currently used at the field … of Ghana’s three producing offshore oil developments and remain a core …

  • Ghana’s TEN oil partners agree to acquire FPSO vessel after lease ends in 2027 13 Jan 2026 16:21 GMT

    … ) oil fields have agreed on the final terms to purchase the floating production, storage and offloading (FPSO) vessel … of Ghana’s three producing offshore oil projects, alongside Jubilee and Sankofa …

  • Guyana Accelerates Local Content Implementation with Digital Reforms and Legislative Review 16 Jan 2026 11:02 GMT

    … employment opportunities in the oil and gas sector. The Natural Resources … day (bpd) from three Floating Production Storage and Offloading (FPSO) vessels operating in the Stabroek Block … and CNOOC (China National Offshore Oil Corporation), have made a …

  • Shell hands out more work to Vallourec for subsea oil & gas project 12 Jan 2026 11:34 GMT

    … of oil country tubular goods (OCTG) products and services for offshore operations … pipes.” The Orca pre-salt gas-condensate discovery spans two contiguous … in charge of constructing a floating production, storage, and offloading (FPSO) unit for the project. …

  • Falklands’ oil industry expansion, Navitas to farm adjacent Sea Lion development 14 Jan 2026 04:08 GMT

    … key commercial contracts including an FPSO charter, drilling rig agreements … wells connected to a redeployed floating production, storage and offloading vessel. Phase two will introduce … South Africa offshore block. Eco (Atlantic) Oil & Gas is primarily …

  • Norway Offers 57 Offshore Licenses to 19 Companies 14 Jan 2026 07:38 GMT

    … shelf (NCS). The Norwegian Offshore Directorate (NOD) said on … View from the Johan Castberg FPSO in the Barents Sea, … production decline. Phasing in oil and gas from new discoveries to … licenses for several material gas discoveries in tight reservoirs, …

  • Saipem taps EnerMech for job on ExxonMobil’s $12.7 billion oil project off Guyana 13 Jan 2026 15:34 GMT

    … for subsea pre-commissioning project offshore Guyana; Courtesy of EnerMech … lay monitoring from the offshore construction vessel; and dynamic umbilical lay … from a floating production, storage, and offloading (FPSO). The $12.7 billion Whiptail oil project was …

  • Jubilee Field Production Rises Despite Low Global Oil Price Outlook 13 Jan 2026 13:55 GMT

    … consortium including Kosmos Energy, Tullow Oil, the Ghana National Petroleum Corporation … terms to acquire the TEN floating production, storage and offloading (FPSO) vessel at the end of its … in particular, plans to increase gas production from 240 million to …

  • Ram warns Govt. against excessive spending as oil prices likely to dip further  12 Jan 2026 05:14 GMT

    … the startup of more Floating Production Storage and Offloading vessels (FPSOs) will … heightened global uncertainty and oil-price volatility, it also … year report cited the oil price volatility, Ram … He explained, “Fewer oil dollars mean less foreign exchange …

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