SBM Offshore completes largest project financing in its history
Dutch FPSO specialist SBM Offshore closed the project financing of the Sepetiba vessel for $1.6bn.
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Vessel operator CBO buys rival player Finarge in $94m deal
The deal will add five AHTSs to CBO’s offshore vessel fleet, making it a total of 14 vessels to operate…
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SBM Offshore’s Liza Unity awarded world’s first SUSTAIN notation
The Liza Unity FPSO has been recognised for its sustainable design, documentation, and operational procedures
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Modec in talks with Toyo for FPSO joint venture
The EPCI alliance for FPSO vessels could lead to launch of a joint venture company by the end of this…
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Business is booming: new issue of Offshore Technology Focus out now
In this issue: South America’s offshore oil boom, small-scale divestment in the UK, learning from the stranded MT Iba seafarers,…
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Petronas selects Maersk Drilling’s rig for exploration work offshore Gabon
Petronas subsidiary PC Gabon Upstream (PCGUSA) has awarded a contract to Maersk Drilling to provide deepwater drillship rig for one-well…
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BP prepares to retire Petrojarl Foinaven FPSO in UK
BP has stopped production from the Foinaven field offshore UK as the long-serving FPSO Petrojarl Foinaven nears the end of…
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UK’s Noble to acquire offshore drilling contractor Pacific Drilling
UK-based offshore driller Noble has agreed to acquire offshore drilling contractor Pacific Drilling in an all-stock deal.
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