Dutch FPSO leasing specialist SBM Offshore has secured a firm deal with Petrobras to lease and operate a newbuild FPSO at its giant Buzios offshore oil field in Brazil. The firm contract, for the ...

Amsterdam, August 6, 2026Highlights112% increase in year-to-date Directional1 revenue of US$4.9 billion92% increase in year-to-date Directional ...

Oil giant Shell has extended the contract for the lease of SBM Offshore's Espirito Santo FPSO in Brazil. SBM Offshore is also in talks with ExxonMobil to extend the FPSO terms in Guyana. The Dutch ...

BW Offshore has signed a Front-End Engineering and Design (FEED) agreement with Equinor for the Bay du Nord development offshore Newfoundland and Labrador, Canada. The FEED agreement formalises the ...

DewPoint Duo, HCD5000, and WDP5000 analyzers extend ZEGAZ’s footprint in two of the most demanding applications for ...

SBM Offshore and Mitsubishi Heavy Industries Ltd. (MHI) are pleased to announce the signing of a Partnership Agreement that will offer a CO2 capture solution for Floating Production Storage and ...

ExxonMobil Guyana assumes ownership of the unit, while SBM Offshore will continue to operate and maintain the FPSO up to 2033. SBM Offshore has completed the sale of the floating production, storage, ...

Along with the Canada submarine program, Hanwha Ocean is keeping close watch on whether it will win an ultra-large offshore oil plant contract for the Venus oil field in Namibia, Africa. Hanwha Ocean ...

Jumbo Offshore has successfully delivered mooring pre-installation activities for the Errea Wittu floating production, storage and offloading vessel (FPSO) at the Uaru development. The project marks ...

SBM Offshore has confirmed its award of a newbuild floating production, storage and offloading vessel destined for ExxonMobil’s Yellowtail field development on the prolific Stabroek block offshore ...