Maritime news
Monitor breaking maritime news and insights for profitable, efficient and safe shipping.
Tagged in FPSO
MHI Awarded a Study on CO₂ Capture Modules for FPSOs
Study Will Advance CO₂ Reductions on Future FPSOs, Further Promoting Decarbonization Mitsubishi Heavy Industries, Ltd. (MHI) announced the signature of a study with Single Buoy Moorings Inc., the subsidiary of SBM Offshore (SBM), for the application …
Apr 15, 2025 / Vessels
SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Paraty
SBM Offshore announces it has signed a non-recourse sale and leaseback financing agreement for FPSO Cidade de Paraty for the total amount of US$400 million and with a tenor of 8 years. The transaction is expected to be completed before the end of …
Apr 9, 2025 / Curious
Liza Unity Becomes World’s First FPSO to Receive ABS SUSTAIN-2 Notation
The ABS-classed Liza Unity has become the first FPSO in the world to receive the SUSTAIN-2 notation from ABS. The notation is the next level in the vessel sustainability program developed by ABS to help fleets meet the environmental and human …
Mar 17, 2025 / Vessels
BW Offshore Announces Sale of FPSO BW Pioneer With Five-year O&M Contract With the Buyer
BW Offshore has signed an agreement for the sale of the FPSO BW Pioneer for USD 125 million to a subsidiary of Murphy Oil Corporation (NYSE:MUR), the operator of the Cascade & Chinook field. The transaction includes an initial payment of USD 100 …
Mar 14, 2025 / Vessels
World’s First Ship-Based Marine Factory for CO₂ Capture named at COSCO SHIPPING Heavy Industry in Shanghai
On the morning of February 20, the world’s first Floating Production Storage and Offloading (FPSO) unit equipped with offshore Carbon Capture and Storage (CCS) technology was named AGOGO FPSO at COSCO SHIPPING Heavy Industry in Shanghai. This vessel …
Feb 26, 2025 / Vessels
FPSO Almirante Tamandaré producing and on hire
SBM Offshore announces that FPSO Almirante Tamandaré is formally on hire as of February 16, 2025 after achieving first oil and the completion of a 72-hour continuous production test leading to Final Acceptance. FPSO Almirante Tamandaré is the …
Feb 20, 2025 / Vessels
Petrobras starts production at FPSO Almirante Tamandaré in Búzios field Rio de Janeiro, Brazil
Petrobras has commenced production at the FPSO Almirante Tamandaré (Búzios 7) in the Búzios field, located in the pre-salt layer of the Santos Basin, according to the company's release. This marks the first high-capacity unit in the field, with a …
Feb 17, 2025 / Vessels
ICE Designing Ammonia FPSO for Dutch Client
ICE was last year commissioned by the Netherlands-based project developer SwitcH2 B.V. to design the hull of a Floating Production Storage and Offloading (FPSO) vessel incorporating a 300 MW offshore green hydrogen and ammonia synthesis plant using …
Jan 31, 2025 / Vessels
ABS Issues Approval in Principle for Ammonia FPSO with Carbon Capture from MODEC and TOYO
A new design for an ammonia floating production storage and offloading (FPSO) unit that features onboard carbon capture technology for blue ammonia production has received approval in principle (AIP) from ABS. The design comes from MODEC, Inc. …
Jan 30, 2025 / Vessels
ICE Sings FPSO Contract with Bluewater
Bluewater Energy Services B.V., a leading owner and operator of Floating Production Storage and Offloading (FPSO) vessels, has awarded ICE a fast-track front-end engineering and design (FEED) contract for hull engineering of the Aoka Mizu FPSO. …
Jan 7, 2025 / Vessels