OceanSTAR Engineering, a subsidiary of OceanSTAR Elite, has entered into a long-term contract with Petronas for the provision of ...

VAALCO Energy's JV with Canadian Natural Resources has completed major FPSO repairs, lowering risk and boosting cash flow.

FINANCIALS EBITDA for the fourth quarter of 2025 was USD 47.8 million (USD 43.9 million in Q3 2025), reflecting strong operational performance from the fleet. EBIT for the fourth quarter was USD 27.5 ...

Tangen, CEO of SBM Offshore, commented: “2025 was a year of strong delivery for SBM Offshore. Our teams have once again raised the bar in operational excellence by flawlessly starting three of the ...

A trio of companies — Malaysian pair Bumi Armada and Ramunia Holdings plus Norwegian player Fred Olsen Production — broke away from the pack in late July. Commercial evaluations are still ongoing, and ...

Norway's leading FPSO contractor is targeting three new contract wins by 2030 as part of a refreshed commitment to a sector where it has struggled to secure new contracts in recent years and faced ...

SINGAPORE, SINGAPORE, August 13, 2025 /EINPresswire.com/ -- Yinson Production is pleased to announce that the 15-year firm charter for the Agogo FPSO has officially ...

Keppel Shipyard has delivered FPSO Capixaba, with a conversion contract value of over S$90 million. Keppel Shipyard, a unit of Keppel Corporation Limited through Keppel Offshore & Marine Ltd, has ...