Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Floatel Int. secures contract extension for Floatel Victory

Fossil Energy – Contract

Floatel International announced that the contract for Floatel Victory to provide Maintenance and Safety Unit (MSU) support alongside the Peregrino Floating Production Storage and Offloading (FPSO) unit offshore Brazil has been extended through the end of 2025.

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MODEC gets Gato do Mato FPSO ops and maintenance contract  

Fossil Energy – Shell

MODEC announced that Shell has made its Final Investment Decision (FID) for a Floating Production Storage and Offloading (FPSO) vessel for the Gato do Mato oil field, offshore Brazil.

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Dana cancels North Sea Buchan Horst FPSO transfer

Fossil Energy – Cancellation

Dana Petroleum has terminated an agreement with NEO Energy concerning the proposed acquisition of the Western Isles FPSO for NEO’s Buchan Horst development in the UK central North Sea.

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Samsung wins FEED for carbon capture onboard Modec FPSO

General – Carbon Capture

MODEC has entered into a Front End Engineering and Design (FEED) contract with SAMSUNG E&A for an offshore carbon capture pilot project, selecting Carbon Clean’s modular CycloneCC technology.

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World’s first FPSO with Carbon Capture Technology unveiled

Fossil Energy – Agogo FPSO

On the morning of February 20, journalists with the organizing committee of Offshore Asia Pacific (OAP) 2025 were invited to attend the naming and departure ceremony of the Agogo FPSO.

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Yinson Production completes acquisition of Stella Maris CCS

General – Acquisition

Singapore-headquartered FPSO specialist Yinson Production has completed the acquisition of 100% shares in Norway-based Stella Maris CCS AS from Altera Infrastructure.

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Agreement to study Application of Carbon Capture Modules

General – Carbon Capture Modules

SBM Offshore and Petrobras have signed an agreement to study the application of carbon capture modules on floating production, storage, and offloading (FPSO) units.

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